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Recent News

Real Estate

Mortgage Rates Follow Bond Yields Higher as US Debt Concerns Mount

Photo by Vladimir Kudinov via Unsplash

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
Photo by Sealy J via CC BY-SA 4.0

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
Photo by Victor Golmer via iStock

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
Photo by Mike Mozart via CC BY 2.0

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
Photo by Greg Bulla via Unsplash

Big Tech

Google Goes All Out on AI at I/O Conference

Google wants to become the go-to AI platform as competitors finally start to encroach on its main business: search.

1 min read

CIO Upside

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

Photo via U.S. Patent and Trademark Office

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

1 min read

Patent Drop

Glimpse into the future of technology.

Photo via U.S. Patent and Trademark Office

Google Patent Highlights AI and Quantum’s Symbiotic Relationship
Photo via U.S. Patent and Trademark Office

The Time and Place for AI Code Generators
Photo via U.S. Patent and Trademark Office

Into the Future: The Patent Drop Highlight Reel
Photo via U.S. Patent and Trademark Office

Amazon Tries to Help Alexa Get Personal

Advisor Upside

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

Photo by Harry Shum via Pexels

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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