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Real Estate

Mortgage Rates Follow Bond Yields Higher as US Debt Concerns Mount

Even before the latest jump in mortgage rates, existing home sales slid 0.5% last month, according to the National Association of Realtors.

2 min read
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Media & Entertainment

‘Eras Tour’ Logistics Team Bought for $1 Billion

Consider it a big bet on the future of live events, which, in Swiftie speak, GCL knows about “All Too Well.”

2 min read
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Markets

Weak Treasury Auction Sends Stocks Tumbling

After the auction, the yield on the 20-year note rose to 5.125%, the highest level since back in November 2023.

2 min read
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Advisor Upside

Jamie Dimon Clears Bitcoin for JPMorgan Clients: ‘I Defend Your Right to Smoke’

The bank’s CEO said clients can trade bitcoin, but remained outspoken about the dangers.

2 min read
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Electric Vehicles

CATL Comes Fully Charged in Hong Kong Debut

CATL — blacklisted by the US Department of Defense in January for alleged ties to the Chinese military — pulled off the best IPO of the year.

2 min read
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Advisor Upside

Schwab Dangles a Consulting Service for Indy Advisors

The membership-based option may collide with other consulting and peer network services for new RIAs.

2 min read

CIO Upside

Microsoft Patent Weeds Out False Alarms in AI-Powered Cloud Security

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Though cloud demand is bursting, AI has a habit of making cybersecurity tricky.

1 min read

Patent Drop

Glimpse into the future of technology.

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Google Patent Highlights AI and Quantum’s Symbiotic Relationship
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The Time and Place for AI Code Generators
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Into the Future: The Patent Drop Highlight Reel
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Amazon Tries to Help Alexa Get Personal

Advisor Upside

Why Big Brokerages Like UBS, Goldman and JPMorgan Are Ditching Their Robo-Advisors

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A fundamental challenge for robo-advisors, at big brokerages and independent shops alike, has been the razor-thin margins.

2 min read

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