Homes in Centreville, Maryland, US, on Tuesday, April 4, 2023. Nathan Howard | Bloomberg | Getty Images Mortgage demand from homebuyers has been erratic to say the least during the usually busy spring housing market. That is likely because today’s buyers are hypersensitive to mortgage rates, which have been fluctuating widely week to week but
Chicago will tap $53 million of a 2021 budget surplus to fund the ongoing needs of asylum seekers that have flowed into the city from Texas. The city has received some state and federal funding but it falls far short of what’s needed to address the health, food, and housing needs of migrants that Texas
Chinese initial public offerings have raised more than five times as much money as those in the US this year as a crop of fresh listings in the world’s biggest economy failed to appear after a dire 2022. Rising interest rates, stubbornly high inflation and the recent turmoil in the US banking sector have dashed
Coinbase, the San Francisco-based cryptocurrency exchange, recently announced the launch of a new service called Coinbase International Exchange. The new platform will enable institutional users outside of the United States to trade bitcoin and ethereum perpetual futures. The company stated in a tweet that the service will begin by offering perpetual futures settled in USDC
The Virginia Public School Authority plans to issue $63.2 million of School Technology and Security Notes to support the state’s capital program for school rehabilitation. The five-year, tax-exempt Series XI notes are expected to be issued by competitive sale in denominations of $5,000 on or around May 9, according to the authority. The school authority anticipates
In this article DD DELL SOFI PACW DGX SHLS BP.-GB Follow your favorite stocksCREATE FREE ACCOUNT Nurphoto | Nurphoto | Getty Images Check out the companies making headlines in midday trading. Uber — Shares of the ride-hailing giant jumped more than 8% after the company reported first-quarter revenue that beat analysts’ expectations. Revenue for the
Text generator ChatGPT is the fastest-growing consumer app ever, and it’s still growing rapidly. But the dirty secret of AI is that humans are still needed to create, label and structure training data — and training data is very expensive. The dark side of this is that an exponential feedback loop is being created where
In recent years, the Land Back movement has been gaining momentum in California and beyond, rooted in the longstanding struggle for Indigenous sovereignty, the return of ancestral lands, and the recognition of Indigenous peoples’ inherent right to self-determination. Prior to European contact, California was home to over 100 distinct Indigenous nations, each with their own
A “For Sale” sign outside of a home in Atlanta, Georgia, Feb. 17, 2023. Dustin Chambers | Bloomberg | Getty Images After cooling for the better part of last year, home prices are on the rise again. A sharp drop in new listings, adding to an already meager supply of homes for sale, is leading
Maine has raised its tax revenue projections. The state legislature’s Revenue Forecasting Committee presented revised revenue projections to lawmakers on Friday, adding $233 million in revenue to the balance of the current fiscal year ending in June as well as a $71 million surplus expected for the $10 billion biennial budget passed at the end
Will the deadlock in the Ukraine war be broken in Bakhmut or Beijing? At the moment, all eyes are focused on the much-trailed Ukrainian counter-offensive — which is likely to begin soon. But there are also significant developments on the diplomatic front. Last week, Xi Jinping called Volodymyr Zelenskyy. On a recent visit to Kyiv,
Blockchain technology was introduced in 2008 as a decentralized, secure, transparent system for managing digital transactions. Its primary aim was to provide a solution to major problems with traditional transactional systems, including trust, security, decentralization and efficiency. Blockchain has since expanded beyond finance and has been used in supply chain management, healthcare, games, digital media
The federal government’s draft Supplemental Environmental Impact Statement on Colorado River conditions isn’t likely to trigger significant rating changes, but it could spur the seven states that use the waterway to reach a consensus on additional supply cuts and the future of the watershed, S&P Global Ratings said. The federal government has encouraged the states
In this article PACW SOFI TDC JPM CMCSA SMG LOG.N-CH Follow your favorite stocksCREATE FREE ACCOUNT NEW YORK, NEW YORK – APRIL 24: A person walks past a First Republic bank branch in Manhattan on April 24, 2023 in New York City. The U.S. bank will reveal its latest financial results but concerns over small
A Coinbase executive claims to have discovered a “jailbreak” for artificial intelligence tool ChatGPT, allowing it to calculate the probability of bizarre crypto price scenarios. The crypto exchange’s head of business operations and avid ChatGPT user Conor Grogan shared a screenshot of the results in an April 30 Twitter post — showing that ChatGPT states
Cutting ties with China would be “unthinkable for almost all of German industry”, the chief executive of automaker Mercedes-Benz has said, as Europe’s largest economy grapples with its deep reliance on Beijing. Ola Källenius said cutting ties with China was impossible and “not desirable”. “The major players in the global economy — Europe, the USA
BRICS nations can lead efforts to abandon the U.S. dollar in international settlements, according to President Bashar Assad of Syria. At a meeting with China’s top diplomat for the region, the leader of the war-torn Middle Eastern country called for using the Chinese yuan for cross-border trade. Economic Clash With West Requires Discarding Dollar, BRICS
Prominent YouTuber DidYouKnowGaming was able to regain access to his YouTube channel, which an anonymous bad actor hacked to promote XRP (XRP) cryptocurrency scams. While hacking into YouTube channels to promote scams has been a long-standing method of targeting unwary investors, the number of creators on the platform reporting hacks has increased. Most recently, DidYouKnowGaming
In this article FSLR SNAP INTC AMZN Follow your favorite stocksCREATE FREE ACCOUNT A robot prepares to pick up a tote containing product at the Amazon Robotics fulfillment center on April 12, 2019 in Orlando, Florida. Nurphoto | Nurphoto | Getty Images Check out the companies making headlines after hours. Amazon – Amazon jumped 7%
Silicon Valley Bank’s failure last month stemmed from weakened regulations during the Trump administration and mis-steps by internal supervisors who were too slow to correct management blunders, the US Federal Reserve said in a scathing review of the lender’s implosion. The long-awaited report, released on Friday, had harsh words for the California bank’s management but
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