A for sale sign is displayed outside of a home for sale on August 16, 2024 in Los Angeles, California. Patrick T. Fallon | AFP | Getty Images An abrupt turn higher for mortgage interest rates caused weekly demand from both potential homebuyers and current homeowners to drop. Total mortgage application volume fell 5.1% last week compared to the previous …
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HSBC exec says there’s a lot of AI ‘success theater’ in finance
Big technology companies are betting that a new wave of smaller, more precise AI models will be more effective when it comes to the needs of businesses in sectors like law, finance, and health care. Jaap Arriens | NurPhoto via Getty Images LONDON — Increasingly many financial services firms are touting the benefits of artificial intelligence when it comes to …
Read More »Mining giant Rio Tinto to acquire Arcadium Lithium in $6.7 billion deal
The Rio Tinto Ltd. booth on the opening day of the Investing in African Mining Indaba in Cape Town, South Africa, on Monday, Feb. 6, 2023. Dwayne Senior | Bloomberg | Getty Images The world’s second-largest miner Rio Tinto said Wednesday it will acquire U.S. lithium producer Arcadium for $6.7 billion. Rio Tinto said the deal would be an all-cash …
Read More »Boeing withdraws contract offer after talks with union end without a deal
Workers picket outside a Boeing Co. facility during a strike in Everett, Washington, US, on Monday, Sept. 16, 2024. Boeing Co. factory workers walked off the job for the first time in 16 years, halting manufacturing across the planemaker’s Seattle hub after members of its largest union voted overwhelmingly to reject a contract offer and go on strike. M. Scott …
Read More »The Best B&H and Amazon Prime Day Sales for Photographers
Today and tomorrow (October 8-9) are great days to buy camera equipment cheaply during Amazon’s Prime Day event. B&H is also joining the fun with a bunch of sales to compete with Amazon. I’ve collected some of the best discounts below. Because Photography Life is part of Amazon and B&H’s affiliate programs, buying anything through the links below will help …
Read More »DOJ indicates it’s considering Google breakup following monopoly ruling
U.S. Assistant Attorney General Jonathan Kanter speaks about the antitrust lawsuit against Live Nation Entertainment during a press conference as Attorney General Merrick Garland and Deputy Attorney General Lisa O. Monaco look on during a press conference at the Department of Justice in Washington, U.S., May 23, 2024. REUTERS/Ken Cedeno Ken Cedeno | Reuters The U.S. Department of Justice late …
Read More »New Zealand central bank slashes rates by 50 basis points in second straight rate cut
A security guard stands in the main entrance to the Reserve Bank of New Zealand located in central Wellington, New Zealand, July 3, 2017. David Gray | Reuters New Zealand’s central bank has slashed its benchmark interest rate by 50 basis points after its monetary policy meeting, marking a second straight cut to its benchmark interest rate. The cut brings …
Read More »Grading USMNT players in Italy: Christian Pulisic is one of the best players in Serie A, American or otherwise
We’re currently seven games into the 2024-25 Serie A season and the five USMNT players getting regular playing time are already showing their potential. Almost all of them had an impressive start of the year, none more so than Christian Pulisic who has already scored five goals in the league and showed himself to be one of the best players …
Read More »Why it can be tough to sit on good stocks
CNBC’s Jim Cramer on Tuesday described why it can be difficult for investors to sit on solid stocks. Some can get spooked by analyst downgrades, for example, and sell their position in a great company that will be hard to later buy back. “In the last decade, the toughest thing to do is to hold on to good stocks,” he …
Read More »Paul Pogba will be the latest of France’s 2018 World Cup heroes to attempt a career rehabilitation
One by one, France’s FIFA 2018 World Cup heroes have been saying goodbye to Les Bleus with longtime captain Hugo Lloris and defensive stalwart Raphael Varane following Blaise Matuidi into international retirement after the 2022 World Cup in Qatar. Olivier Giroud and Antoine Griezmann have both since followed suit and N’Golo Kante could be joining them shortly as he finds …
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