New Real-Estate Math: Half a Million More Sellers Than Buyers – WSJ
The inventory of homes for sale is finally rising. Buyers aren’t interested.The U.S. housing market had nearly a half million more sellers than buyers in...
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‘We’re being attacked all the time’: how UK banks stop hackers – The Guardian
It is every bank boss’s worst nightmare: a panicked phone call informs them a cyber-attack has crippled the IT system, rapidly unleashing chaos across the...
No Clarity for Fed Until at Least September, Economists Say – Bloomberg
It will take months yet before the Federal Reserve can get a clear idea of how Trump administration policy changes will shape the US economy,...
Why Did That Price Go Up? Welcome to the Fog of Trade War – WSJ
For Peter Blatt, the trade war nearly turned into a tug of war.Blatt, 59, was in a hobby shop last month holding a Chinese-made remote-control...
NPR: Why Gen Z is feeling ‘money dysmorphia’
A significant portion of young people feel like they aren’t on solid financial footing. And yet, the numbers show Gen Z adults on average actually...
Week Ahead for FX, Bonds: Focus on Fed Decision, Middle East Tensions – WSJ
An announcement by the U.S. Federal Reserve will be the focus of the week, where interest rates are expected to be left on hold but...
Muted May Inflation Defies Tariff Fears – WSJ
Inflation was tame in May, defying fears that the impact of President Trump’s tariffs would start to show a rise in prices.Consumer prices rose 0.1%...
As Companies Abandon Climate Pledges, Is There a Silver Lining? – Bloomberg
Peter Ford has seen the promise—and the pitfalls—of corporate climate pledges up close. The 40-year-old Briton recently spent five years at Hennes & Mauritz AB trying to...
Here’s How Much Money the U.S. Is Earning From Tariffs, in Charts – WSJ
Duties generated $37.8 billion in revenue for the U.S. in April and May, after President Trump imposed new tariffs on steel, aluminum, cars and goods...
TechCrunch. OpenAI releases o3-pro, a souped-up version of its o3 AI reasoning model
OpenAI has launched o3-pro, an AI model that the company claims is its most capable yet. O3-pro is a version of OpenAI’s o3, a reasoning...