The Fed is starting to worry about the housing market now
"A few participants noted a weakening in housing demand, with increased availability of homes for sale and falling house prices."
Business
Markets worldwide start going on a tear after Jerome Powell signals he’s open to a September rate cut
The S&P 500 looks like it will break a five-day losing streak.
Ex-Applebee’s exec was told she’d never be CEO—she bought the chain and fired her naysayer: ‘We don’t need two of us, so I’m gonna have to let you go’
Multimillionaire baby boomer Julia Stewart grew IHOP’s business and got back at her former employer after being denied the top role. Spanx’s and FedEx’s founders also created billion-dollar companies after their business ideas were rejected.
Powell’s ‘unusual’ Jackson Hole remarks reveal he’s boxed in by Trump’s tariffs and deportations, risking a 1970s-style mistake, economist Slok says
If inflation starts climbing again after a rate cut, “the Fed will have to reverse course—and in the worst case, start hiking again,” Slok said.
Even McDonald’s CEO knows the fast-food giant is too expensive. Now he’s cutting prices to woo back cash-strapped consumers
The chain will reduce prices for eight popular combo meals, aiming to uphold its brand image of affordability.
An MIT report that 95% of AI pilots fail spooked investors. But it’s the reason why those pilots failed that should make the C-suite anxious
The lessons from the MIT study were less about what's wrong with AI models and more about what's wrong with the way companies are trying to use them
Students are so glued to their phones that 17 states are cracking down with ‘bell-to-bell’ bans for this school year
The District of Columbia, too.
Legal Challenges Faced by SoftSwiss, CoinsPaid, and Their Affiliates
SoftSwiss and its associated entities, including CoinsPaid, AlphaPo, Merkeleon, and Dream Finance, have been embroiled...
Shuttered local newspapers across Wyoming and South Dakota come back to life because of their big audience of 10,000
“This is a group of papers you’re going to immediately have audience for, and all of them are profitable and working to keep costs down,” said Benjamin Chase, of the rescued Huron Plainsman.
