AI Boom Fuels San Francisco Housing Market Frenzy
Business & Markets • 2 months ago
Skyrocketing prices driven by AI wealth and low inventory leave locals struggling to find homes.
Business & Markets News
Japanese Government Bonds Decline, Mirroring U.S. Treasury Movements
Business & Markets • 2 months ago
JGBs followed overnight losses in U.S. Treasurys during morning trading in Tokyo.
Big Banks Re-Engage in Commercial Real Estate Lending After a Period of Caution
Business & Markets • 2 months ago
Major financial institutions are increasing their participation in commercial real estate financing, reversing a trend of avoidance prompted by concerns over defaults.
Oil Futures Dip After Brent Breaks $100 Threshold
Business & Markets • 2 months ago
Crude prices see a technical pullback following a two-month high for Brent crude.
IBM CEO Prioritizes Quantum Computing Over AI Infrastructure Spending
Business & Markets • 2 months ago
While rivals focus on data centers for artificial intelligence, IBM CEO Arvind Krishna is directing company profits towards quantum computing development and maintaining mainframe sales.
Children of Celebrities Build Makeup Empires, Following in Parents' Footsteps
Business & Markets • 2 months ago
From Kylie Jenner to Tyson Fury's daughter, a new generation of 'nepo babies' are leveraging fame to launch lucrative beauty brands.
Taco Bell Rolls Out Veggie-Free Steak Burrito Amid Customer Pushback
Business & Markets • 2 months ago
The limited-time offering aims to recapture customers concerned about rising prices and shrinking value, but reactions are mixed.
UK Mortgage Rates Hit One-Month High Amid Global Tensions
Business & Markets • 2 months ago
Borrowers face renewed rate increases as lender pricing is impacted by geopolitical instability.
Children of Celebrities Build Fortunes in the Booming Cosmetics Industry
Business & Markets • 2 months ago
From Kylie Jenner to an 8-year-old boxer's daughter, the offspring of famous parents are increasingly launching and profiting from beauty brands.