Commercial real estate narrative 'less than positive': Chase Garbarino
HqO CEO and co-founder Chase Garbarino discusses commercial real estate concerns and high rent prices in U.S. cities.
House GOP attempts to undo Biden’s “socialist" mortgage rule
House Republicans are attempting to undo President Biden’s controversial mortgage rule that took effect earlier this month.
What Memorial Day travel will cost you this year versus last year
Millions of people are traveling for Memorial Day and will see lower rates than they did a year ago for domestic airfare and hotel stays. Internationally, this isn't the case.
Elon Musk’s brain implant technology gains FDA approval
Elon Musk's Neuralink, a neurotechnology company developing a brain implant that could someday help with paralysis, received FDA approval for human clinical trials.
ChatGPT maker threatens to leave EU over regulation despite asking Congress to regulate AI
OpenAI CEO Sam Altman has warned the company may stop operating in Europe if an onerous AI law moves forward despite calling for the U.S. government to regulate AI.
JPMorgan letting go 1,000 First Republic employees
JPMorgan Chase has informed 1,000 employees of First Republic Bank they will soon be out of job, making the announcement weeks after acquiring the institution.
Mortgage rates spike over economic uncertainty
New data shows that mortgage rates climbed to the highest level since mid-March as debt default concerns linger. The rate on the 30-year fixed mortgage rose to 6.57% this week.
Retired NASCAR champion Michael Waltrip taps into the brewery business
Two-time Daytona 500 champion Michael Waltrip joined ‘The Big Money Show’ to discuss his brewing company’s success and their latest expansion goals.
Acquirer of Silicon Valley Bank announces layoffs at the failed institution
First Citizens Bank announced Wednesday they will be laying off employees. The bank took over the remnants of Silicon Valley Bank after it failed during a March bank run.
Recession tanks European powerhouse's economy amid global inflation squeeze
The International Monetary Fund initially predicted Germany and Britain alone to suffer recessions as inflation remains high across Europe and spending drops in response.
Personal loan interest rates climb for 3- and 5-year loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Microsoft exec says AI must remain under human control
Microsoft President Brad Smith is calling for artificial intelligence systems and their operators to be held accountable and subject to the rule of law.
Office space is a ‘very bifurcated’ marketplace: Bruce Mosler
Bruce Mosler, Global Brokerage Chairman at Cushman and Wakefield, joined ‘Varney & Co.’ to discuss the impact remote work has had on the evaluation of office buildings.
Lou Basenese on tech stocks rally: 'It's not going to be a two, three horse race' over AI
Public Ventures President Lou Basenese discusses the tech rally in the stock market and his outlook on Nvidia shares.
Today's mortgage rates rise, but 15-year terms remain lowest option | May 25, 2023
Check out the mortgage rates for May 25, 2023, which are trending up from yesterday.
Jobless claims rise less than expected after fraudulent filings are wiped out
Applications for jobless benefits inched higher last week but previous weeks of data were revised lower after Massachusetts rooted out unemployment fraud.
Nvidia shares soar on leading AI charge
The rise of AI and machine learning has thrust Nvidia into a leading position in the space, powering many major tech firms' AI platforms and machine learning models.
Major Massachusetts health insurer victim of ransomware attack, members information potentially compromised
Point32Health, one of the largest health insurers in Massachusetts, is the victim of a recent ransomware attack. The information of members may have been compromised in the attack.
Summer travelers look for new ways to save money as prices rise across the US
Travelers are looking for new ways to save money as prices rise across the country. Some people are settling for fewer trips, while others are driving to save money on airfare.
Behind on your retirement savings? Here's one feature that can help workers catch-up
Automatic enrollment into a workplace savings plan could help close the gap for Black and Latino employees that might otherwise have lower plan participation rates, according to a recent Voya Financial study