Looking for today’s biggest mortgage rate savings? Try 15-year terms | August 31, 2023
Check out the mortgage rates for August 31, 2023, which are mixed from yesterday.
GDP growth for Q2 dips on second estimate
Gross domestic product (GDP) increased in Q2 2023 and signs of a strong economy could push the Fed to raise interest rates again. This could have a major impact on consumer debt.
AWS looks to help small and medium businesses leverage AI tools
AWS, a subsidiary of e-commerce and tech giant Amazon, is offering tools to help small and medium-sized businesses leverage artificial intelligence and machine learning tools.
Biden administration restricting Nvidia’s sales of AI chips to some countries in Middle East
Nvidia said in a regulatory filing the U.S. government is imposing export controls to restrict some countries in the Middle East from buying advanced technology used in AI systems.
Pot stocks rally after health officials ask DEA to reclassify marijuana as lower-risk drug
Assistant Secretary for Health Rachel Levine reportedly requested in a letter to DEA Administrator Anne Milgram that marijuana be downgraded to a schedule III substance.
Fed increasing demands for corrective actions by regional banks: report
The Federal Reserve has issued a number of private warnings to regional lenders as it seeks to tighten supervision following a spate of bank collapses.
Grayscale's win over SEC is a 'tremendous victory' for crypto: CEO Michael Sonnenshein
Grayscale Investments CEO Michael Sonnenshein discusses the possibility of a Bitcoin ETF after his victory over the SEC on 'The Claman Countdown.'
Florida home insurance is a 'huge problem,' carriers must come back: Jason Haber
The Metaverse Institute co-founder Jason Haber discusses the impact Hurricane Idalia could have on Florida's housing market and property value on 'The Claman Countdown.'
OpenAI, creator of ChatGPT, on trajectory to bring in $1 billion
OpenAI, the firm that made AI chatbot ChatGPT, will reportedly bring in 10 figures of revenue on its current trajectory, according to a Tuesday report from The Information.
Home prices increased for 5 consecutive months: Case-Shiller
Home prices in 2023 have increased for months, according to the latest S&P Dow Jones data. But some major cities and overall regions have seen significant home price drops.
Kevin O'Leary says 'massive capital' needed to move AI forward
O'Leary Ventures Chairman and 'Shark Tank' star Kevin O'Leary on the A.I. craze, banking sector and potential real estate demand shift.
Bitcoin spot ETF approval is inevitable: Christopher Alexander
Pioneer Development Group chief analytics officer Christopher Alexander discusses Grayscale Investments' win over the SEC for approval of a Bitcoin ETF on 'The Big Money Show.'
Private student loan interest rates spike for 5- and 10-year loans
The latest private student loan interest rates from the Credible marketplace, updated weekly.
Stuart Varney: The crown jewels of American business are under attack
FOX Business' Stuart Varney discusses government's effort to break up Apple, Microsoft, Alphabet, Meta and Amazon because they're too big and powerful.
Today’s lowest mortgage rates? Consider today's shorter terms | August 30, 2023
Check out the mortgage rates for August 30, 2023, which are mixed from yesterday.
Americans consider using credit cards to afford student loan payments: survey
Many Americans who used the pause on student loan payments to reduce debt may now have to reverse course, according to a recent Empower survey.
AI-powered investment platform becomes first non-human financial advisor regulated by SEC
Artificial intelligence-powered investing tool PortfolioPilot is now approved by the Securities and Exchange Commission for regulation as a financial advisor.
AI won't replace many jobs, but one demographic is in unemployment danger: study
Generative AI will likely replace jobs commonly held by women more than jobs held by men, according to an International Labour Organization study.
House Republicans investigating SBA over alleged misappropriation of COVID funds
The House Small Business Committee is investigating the Small Business Administration after an SBA inspector general's report found the agency misappropriated COVID funds.
Regulators propose changes to ‘living wills’ and debt rules for big banks in wake of crisis
Federal financial regulators proposed new rules for large banks that aren't classified as systemically important related to their long-term debt holdings and their "living wills."