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China’s economy grew just 4.3% in the second quarter, the slowest pace since the end of the pandemic and short of Beijing’s own target. Look under the hood, however, and…
Read article →Robinhood beat analyst expectations on several fronts for the second quarter. That included record revenue of $1.31 billion, which beat estimates of $1.25 billion to $1.28 billion, and earnings per…
Read article →The AI trade is coming to a realization: America’s best businesses are turning into utilities. Such is the fate that befalls Meta, whose shares fell as much as 10% in…
Read article →For many workers in the United States (and around the world for that matter), the American Dream is a beacon of hope: the idea that anyone, regardless of social class…
Read article →On the Sunday night of The Odyssey‘s opening weekend, Paul Dergarabedian managed to get tickets to a 70mm showing at Grauman’s Chinese Theatre—a packed house, the format filmmaker Christopher Nolan…
Read article →New York City’s pied-à-terre tax was designed to extract money from second-home owners wealthy enough not to live in the city full-time. A side effect no one planned for: It’s…
Read article →Every January, New York City’s Department of Finance (DOF) does the same unglamorous thing it’s done for nearly 200 years: it puts a value on every property in the five…
Read article →Good morning. For many companies, the biggest surprise in scaling AI isn’t performance—it’s the bill. Tokens, the units behind every AI interaction, are quickly becoming a key driver of cost…
Read article →Both home equity loans and HELOCs give homeowners a way to borrow against equity accumulated through mortgage paydown or an outright home purchase. These loans use your property as collateral,…
Read article →The current average refinance rate on a 30-year, fixed-rate home loan is 6.766%, according to Mortgage Research Center data. If you’re a homeowner hoping to refinance your mortgage for a…
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