AI is changing hiring practices, and employment attorneys are sounding the alarm
Artificial intelligence technologies are already impacting hiring practices. While the tools offer efficiencies, experts warn that relying on AI too heavily presents risks.
First Republic Bank to be taken over by FDIC: Report
The FDIC is planning to take ownership over First Republic Bank imminently and says that there's no time for the bank to go after a private sector rescue, according to a report from Reuters.
New home listings plunge over 22% in April, Redfin says
New home listings have dropped over 20% in April, which marked one of the biggest declines since the COVID pandemic, according to a new report from Redfin.
Elon Musk ramps up AI efforts as he warns of pitfalls
Twitter chief executive Elon Musk was an early investor in AI. Despite warnings about advancements in the technology, the billionaire Tesla co-founder is making his own strides.
Signature Bank collapse blamed on 'poor management,' FDIC report says
An internal review of the Federal Deposit Insurance Corporation’s supervision of Signature Bank concluded “poor management" led to the bank’s failure.
SpaceX Starship launch: See the destruction rocket caused on historic flight
The April 20 launch of the SpaceX Starship rocket in Texas started a fire on state park land and sent debris flying. Residents in a nearby town reported dust falling after the launch.
First Republic Bank shares nosedive amid uncertainty about rescue deal
Shares of First Republic Bank tanked on Friday amid reports of uncertainty about whether the lender could see a rescue deal.
Fed report on Silicon Valley Bank collapse blames mismanagement, weak government oversight
The Federal Reserve on Friday released its report on what led to the collapse of Silicon Valley Bank, placing blame on the lender's management and calling for better regulation.
Mortgage rates rise again, but tide may soon change: Freddie Mac
The average 30-year fixed-rate mortgage rate increased to 6.43%, according to Freddie Mac data. An ongoing cooling of inflation could also mean lower mortgage rates throughout the year, Freddie Mac said.
Lyft, Gap, First Republic join Disney, Amazon in layoffs
A slew of companies including Lyft, Dropbox, First Republic Bank and Gap revealed this week they plan to trim their headcounts. They join Disney and Amazon.
Today's best mortgage deal? Back to 15-year terms | April 28, 2023
Check out the mortgage rates for April 28, 2023, which are trending up from yesterday.
AI race spurs new era in web browser wars
Advances in artificial intelligence have kick-started a new era of browser wars as Microsoft, Google and Mozilla compete to build the best browser and search engine.
Meghan Markle taps Hollywood agency for film, television production: report
Meghan Markle has signed with Hollywood talent agency WME to build not only her personal brand globally but her and Prince Harry's nonprofit, Archewell.
Google, Microsoft both tout AI advances to improve search
Alphabet's Google and Microsoft boast artificial intelligence-fueled advancements in separate earnings calls, including strides made on competing search engine platforms.
Tech sector continues to shed jobs as Dropbox lays off 500
Dropbox announced Thursday that it will lay off 500 employees and shrink its workforce by 16% as the cloud storage firm deals with slow growth and looks to emphasize AI.
Professors have a 'responsibility' to teach students how to use AI ethically: Antony Aumann
Northern Michigan University philosophy professor Antony Aumann describes his experience with artificial intelligence tools which are typically used for cheating.
Average rate on long-term mortgage climbs for second straight week
The average rate on the 30-year fixed mortgage rose to 6.43% this week, up from 6.39% a week ago. Meanwhile, the average rate on a 15-year fixed mortgage fell to 5.71%
GDP growth shows slowing economy in the first quarter of 2023
Real GDP increased at an annual rate of 1.1% in the first quarter of 2023, after rising 2.6% in the fourth quarter of 2022, according to the BEA's advance estimate.
Ted Budd: Officials have to ensure AI is more good than evil
Sen. Ted Budd, R-N.C., comments on growing pressure to take action on artificial intelligence and discusses the debt ceiling debate.
TikTok working on AI avatars for users: report
TikTok is reportedly experimenting with a feature that will create avatars generated with artificial intelligence. The AI generates as many as 30 images for the app's users.

















