Amidst warnings from scientists and engineers that artificial intelligence (AI) is advancing more quickly than the resolution of ethical control issues surrounding it, ChatGPT has arrived in the residential real estate universe. Agents countrywide have begun using it to write listing descriptions and assemble pitch packages. Just last week, one of our New York agents
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Michael Barr, vice chair for supervision of the board of governors of the Federal Reserve, testifies during a House Committee on Financial Services hearing on Oversight of Prudential Regulators, on Capitol Hill in Washington, DC, on May 16, 2023. Mandel Ngan | AFP | Getty Images The Federal Reserve’s top banking regulator expressed caution Tuesday
Owners of some defaulted revenue bonds issued in 2018 for a senior living community in Plano, Texas, reached a binding settlement with the project’s bankrupt owner that calls for the re-issuance of debt. The agreement involves nearly $57.3 million of Series A and B senior bonds sold through the New Hope Cultural Education Facilities Finance
Despite several high-profile cryptocurrency implosions, the number of people working in the industry has soared over the past four years. According to findings by the crypto research startup K33, the number of crypto-related employees has surged nearly 160% since 2019. In a report titled “The Emerging Crypto Industry,” K33 estimated that the total headcount of
Municipals were slightly firmer to start off the week as a larger new-issue calendar looms, while U.S. Treasury yields fell and equities ended the session up. Triple-A yields fell one to two basis points while UST fell two to three. Munis started off last week at “extremely rich valuations throughout most of the curve after
The UK’s financial regulator and information watchdog will warn banks that they cannot hide behind data protection rules if they fail to alert savers to better deals. Under pressure to pass on the benefits of higher rates, banks told the Financial Conduct Authority at a meeting earlier this month that they could not tell certain
“No man is an island.” 🏝️ Explore the profound meaning behind this expression and how it applies to your investing journey. If you are searching for a bit of inspiration or, moreover, a community of like-minded investors, this video will be a perfect fit. In this latest video of the series, we explain the advantages
In this article STT ATVI APLS BBIO TSLA F Follow your favorite stocksCREATE FREE ACCOUNT The Ford F 150 Lightning electric truck John Tlumacki | Boston Globe | Getty Images Check out the companies making the biggest moves midday: Ford — Shares of the automaker fell 5.1% after the company said prices on its electric
Nashville has long been known as the “Music City.” And for many, Austin also enjoys considerable cachet as an American music capital. But myriad other urban aspirants covet a reputation as up-and-coming meccas for music lovers. On this 111th anniversary of the birth of iconic “Dust Bowl Troubadour” Woody Guthrie, we train a white-hot spotlight
A real estate agency window in Alicante, Spain. Sopa Images | Lightrocket | Getty Images More Americans are flocking to Spain for longer, whether as so-called digital nomads working abroad or to enjoy a new life in retirement. The number of Americans living in Spain grew by 13% from 2019 to 2021, and home sales
ChatGPT eats cannibals ChatGPT hype is starting to wane, with Google searches for “ChatGPT” down 40% from its peak in April, while web traffic to OpenAI’s ChatGPT website has been down almost 10% in the past month. This is only to be expected — however GPT-4 users are also reporting the model seems considerably dumber
Salt Lake City International Airport (SLC) snagged two rating upgrades ahead of its upcoming trip into the municipal bond market to continue financing a $5.135 billion project to replace its facilities. The $429 million of general airport revenue bonds scheduled to price Wednesday through BofA Securities and J.P. Morgan will mark the fourth debt sale
Another “Big Four” bank in Australia has said it will put blocks on certain cryptocurrency platforms, citing high levels of scams risk in the industry. National Australia Bank (NAB) on July 17 officially announced a set of new measures to protect customers from fraud as part of its “bank-wide scam strategy.” Alongside halting “millions in
New York City’s capital program will be getting a much-needed bond boost as the New York City Transitional Finance Authority readies a sale of $1.08 billion of future tax-secured subordinate debt. Proceeds from the sale will be used to fund infrastructure projects in the city’s $164.8 billion 10-year capital plan. The fiscal 2024 executive capital
China’s economy lost momentum in the second quarter, with gross domestic product expanding 0.8 per cent against the previous three months as falling exports, weak retail sales and a moribund property sector weighed on growth. The difficulties facing the world’s second-largest economy will put further pressure on global growth and add to calls for Beijing
Bitcoin (BTC) attempted to break away from its boring sideways price action on July 13 following Ripple’s legal victory over the United States Securities and Exchange Commission, but the enthusiasm proved to be short-lived. Sellers pulled the price back into the range on July 14, indicating that they remain active at higher levels. However, a
In this article USFD NVDA META AAPL Follow your favorite stocksCREATE FREE ACCOUNT A logo of Meta Platforms Inc. is seen at its booth, at the Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center in Paris, France June 17, 2022. Benoit Tessier | Reuters The second half has kicked
In this article DAL DIS COIN META Follow your favorite stocksCREATE FREE ACCOUNT People wait in line at the Delta Airlines checkin counter of JFK International airport on June 30, 2023 in New York City. David Dee Delgado | Getty Images Check out the companies making headlines before the bell: Delta Air Lines — Delta
Once you’ve found a great real estate investment opportunity, it will be time to raise capital for the transaction. This step typically involves structuring the layers of equity and debt. In simple terms, equity refers to money that you’ll bring to the table and debt includes the different types of financing you’ll secure for the
Top Stories This Week Judge rules XRP is not a security in SEC’s case against Ripple Ripple Labs scored a victory in a district court in New York on July 13, with Judge Analisa Torres ruling partially in favor of the company in a case brought forth by the U.S. Securities and Exchange Commission (SEC)