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Elon Musk at the 2022 Met Gala.Andrew Kelly/Reuters Elon Musk said Covid-19 lockdowns “tricked people into thinking that you don’t actually need to work hard.” Working from home didn’t make workers less productive, three economists told Insider. The only constraint on productivity was when workers had children at home they needed to look after. Elon Musk is not a fan of remote work. In the early hours of Wednesday, Musk commented on a tweet which appeared to show an email from himself to Tesla… Source link

The housing market has been hot for a couple of years now, and that’s unlikely to change any time soon as millennial demand remains red hot, according to new data from Bank of America (BAC). The 2022 Millennial Home Improvement Survey found that 67% of Generation Y responded that they were likely to buy in the next two years. “The #1 reason cited was an improving financial position, following the trend from the last few years of our survey,” BofA Global Research’s Senior Retail… Source link

Nathan Eovaldi‘s bad day on Tuesday was one fan’s very good fortune. The Boston Red Sox entered the second inning at home holding a 1-0 lead over the Astros. They left trailing, 9-1 after a record-tying outburst sent five home runs into the Fenway Park stands en route to a 13-4 Houston romp. Eovaldi surrendered all five. One lucky fan caught two of them. Nathan Eovaldi didn’t have his best stuff against the Astros. (David Butler II/Reuters) Astros tee off on Eovaldi The inning started with a… Source link

CNN  —  Today, it can feel like the sum of all human knowledge is only an internet search away. But until recently, some of the most important evidence of one of Africa’s most vibrant medieval cities was absent from the web. Located in the West African nation of Mali, the name Timbuktu has come to embody the idea of a distant place, but this city was once famed as a center of learning, religion… Source link

Airbnb co-founder and CEO Brian Chesky.Kimberly White/Getty Images Airbnb CEO Brian Chesky recently announced the company will let employees work remotely forever without losing pay. In an interview for Time’s The Leadership Brief, he said “the office as we know it, is over.” He also explained why he thinks the three-day in-office hybrid model is flawed. For Airbnb CEO Brian Chesky, working at the office is now a relic of the past. In an interview for Time’s The Leadership Brief published Sunday,… Source link

Housing activity slowed for a second straight month in March. Existing home sales fell 2.7% to a seasonally adjusted 5.77 million units in March from a month earlier, according to the National Association of Realtors (NAR). Home sales fell across all regions in the U.S. from February. The NAR also revised February existing home sales downward to 5.93 million from 6.02 million. The number of sales was down 4.5% from the same month a year ago. The results came in better than analysts’… Source link

Elon Musk said in a video interview that he doesn’t own a home and is “staying at friends’ places.” The world’s richest man also doesn’t own yachts or take vacations, but has a plane to save time. Musk was responding to a comment about how many people criticize billionaires for their wealth. The world’s richest man said that he doesn’t own a home and crashes on friends’ couches. “I don’t even own a place right now, I’m literally staying at friends’ places,” Elon Musk said in a video interview… Source link

A Nest device is seen in close-up.  Smith Collection/Gado /Getty Images If you’re shopping on Amazon for smart home-security systems, then a few names probably jump out: Ring, Google Nest and Wyze. Each is a bestseller of security and surveillance equipment on Amazon. Here’s an overview of the three brands, from their most popular accessories or do-it-yourself systems, to the main… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, March 22, 2022 Home prices are soaring and later this morning we will find out by how much, when the latest S&P CoreLogic Case-Shiller national home price index is released. On top of exorbitant home prices, mortgage rates are on the rise — the 30-year fixed mortgage (most common among homebuyers) topped 4% earlier this month for the… Source link

The housing market in the U.S. may finally be cooling off. Pending home sales, a leading indicator of the health of the housing market, declined for the fourth straight month. The National Association of Realtors’ (NAR) Pending Home Sales Index, which tracks the number of homes that are under contract to be sold, fell 4.1% in February from January and dropped 5.4% from the same month a year ago. The results were disappointing as analysts predicted a 1.0% increase in sales from a month… Source link