Cities seeing 'golden moment' to turn empty offices into residential space: Michael Pestronk
Post Brothers CEO Michael Pestronk discusses how local governments can help their property development company repurpose vacant office buildings into apartments.
Commercial real estate rates likely to 'skyrocket' for borrowers: Kirsten Jordan
Real estate agent Kirsten Jordan addresses concerns in the commercial property market on 'Cavuto: Coast to Coast.'
Today's best mortgage deal? Back to 15-year terms | May 1, 2023
Check out the mortgage rates for May 1, 2023, which are mixed from Friday.
JPMorgan buys First Republic: Bank shares rise as deal reached
Shares of the major U.S. banks are in the green after JPMorgan Chase announced that it would pay $10.6 billion to the FDIC to buy most of First Republic Bank's assets.
Experts outraged over Biden's new mortgage rule punishing buyers with good credit: A 'recipe for disaster'
Real estate leaders and economists criticize Biden forcing good-credit borrowers to subsidize risky mortgages as a disaster, "boot on our neck," "punch in the gut" policy.
Proposed credit card late fee reduction could cost some consumers more, surveys say
The CFPB announced an extension of the comment period for proposed changes to credit card late fees regulations.
States revolt against Biden's 'disaster' mortgage redistribution rule to subsidize risky loans
Top finance officials from 27 states blasted a new Biden rule to force borrowers with good credit scores to subsidize risky mortgages, a policy that will take effect today.
Biden's mortgage redistribution rule adds 'insult to injury': Brian Lewis
Manhattan broker and 'America's Agent' Brian Lewis argues the Biden administration is putting 'one more boot on our neck.'
FDIC accepts JPMorgan Chase's bid to buy First Republic Bank
JPMorgan Chase Bank will assume all deposits of First Republic Bank, a San Francisco-based bank that has been struggling and widely viewed as the next to fail amid the banking crisis.
Medical marijuana dispensaries open in Georgia: 'Improved quality of life'
Medical marijuana stores opened in Georgia after sales were delayed for years by regulatory challenges. The first dispensaries opened in Macon and Marietta.
What are the biggest names in tech doing on AI?
Advances in artificial intelligence (AI) have prompted a race among big tech companies to develop chatbots, cloud services, developer tools and more to get ahead of the competition.
Adderall, Ozempic and other drug shortages have no clear resolution and could exist for years, experts say
Experts say national drug shortages, caused by manufacturing problems, demand spikes, and tightened ingredient supply lines, have no clear resolution and could persist for years.
Disney layoffs result in numerous high-ranking officials in streaming not making the cut: reports
The Walt Disney company's second round of layoffs reportedly resulted in several high-ranking officials in streaming being let go as Bob Iger puts focus on savings and streaming.
Uber lost and found list includes unique items like lightsaber, fog machine, pets, fake blood, and teeth
Uber's annual list of lost and found items includes items like ankle monitors, Nintendo Switches, dentures, pets, ankle monitors, marijuana, and a fog machine.
Tech leaders mention AI almost 170 times during earnings calls: report
Meta, Alphabet, Microsoft and Amazon leaders mentioned artificial intelligence more that 150 times in their first-quarter earning calls in April, according to a report.
PNC has inside track on bids for embattled First Republic Bank: report
PNC Financial Services is on the inside track of bidding on First Republic Bank, as the bidding deadline looms and the struggling bank's stock were free-fall earlier this month
FDIC sets Sunday deadline for First Republic Bank bids: Report
The FDIC set a Sunday deadline for bidding on First Republic Bank and has asked JPMorgan Chase & Co., PNC Financial Services Group, and other banks to send final bids.
Sharpton threatens to protest McDonald's over racial discrimination, putting fast food chain 'on notice'
Rev. Al Sharpton's National Action Network is demanding communication from the McDonald's Corporation regarding accusations of racial discrimination.
JPMorgan, PNC bid to buy First Republic Bank amid possible FDIC takeover: report
JPMorgan Chase & Co. and PNC Financial Services Group are expected to bid to buy First Republic Bank after it is taken over by the FDIC.
Study finds ChatGPT struggles with math, unlikely to replace accountants
A Brigham Young University-led study has found that AI language model ChatGPT is susceptible to simple mathematical errors and is often an unreliable accountant.