Elon Musk says there should be 'some sort of regulatory oversight' of AI
Billionaire Elon Musk pushed for regulation on artificial intelligence during a recent media appearing, telling Bill Maher it should have "some sort of regulatory oversight."
Elon Musk warns of ‘benign dependency’ on AI: ‘dangerous to civilization’
Tesla CEO Elon Musk is warning that even a "benign dependency" on AI can ultimately be dangerous to civilization as humans forget how to operate complex machines.
Commercial real estate pain is here: Patrick Carroll
Carroll Organization founder and CEO Patrick Carroll reacts to investor Charlie Munger warning the commercial real estate market could be the next big problem for the banks on 'The Claman Countdown.'
Berkshire's Charlie Munger issues warning for US commercial property market
Berkshire Hathaway’s Charlie Munger said on Monday that a storm is brewing in commercial property market, as property prices fall and banks deal with bad loans.
Biden asks student loan companies to prepare for end to payment pause
The Education Department has notified student loan servicers to prepare for an end to the COVID-19 student loan payment pause.
First Republic Bank sale will ensure that ‘banking system is safe and sound,’ Biden says
JPMorgan is buying San Francisco-based First Republic Bank and President Biden says the move will ensure the U.S. banking system is safe and sound.
US Treasury: Bank deposits safe after First Republic rescue
The Treasury Department said Monday that the deposits of former customers at collapsed First Republic Bank are safe because the banking system remains sound and resilient.
Google's 'godfather of AI' quits to spread word about dangers of AI, warns it will lead to 'bad things'
"Godfather of AI" Geoffrey Hinton worked on early AI development and made a major breakthrough in 2012, but he now says AI is dangerous and can be used for "bad things."
Personal loan interest rates continue to rise for 3- and 5-year loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
JPMorgan buys First Republic Bank, Dimon declares 'this part of the crisis is over'
JPMorgan Chase CEO Jamie Dimon said Monday "this part of the crisis is over" after his firm's bid was accepted to buy troubled lender First Republic amid fears it would collapse.
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.