Author: josh

JPMorgan Chase CEO Jamie Dimon reiterated a nuanced and overall upbeat view about the effect of artificial intelligence on the economy.In an interview with Fox News’ Sunday Morning Futures, the head of the world’s biggest bank acknowledged businesses have been cautious about hiring lately but said it’s not related to AI and doubted that the technology will dramatically reduce jobs in the next year.“For the most part, AI is going to do great stuff for mankind, like tractors did, like fertilizers did, like vaccines did,” he said. “You know maybe one day we’ll be working less hard but having wonderful…

Nvidia CEO Jensen Huang said China has an AI infrastructure advantage over the U.S., namely in construction and energy. While the U.S. retains an edge on AI chips, he warned China can build large projects at staggering speeds. “If you want to build a data center here in the United States from breaking ground to standing up a AI supercomputer is probably about three years,” Huang told Center for Strategic and International Studies President John Hamre in late November. “They can build a hospital in a weekend.” The speed at which China can build infrastructure is just one of his…

An appraisal is a standard step in the home buying process that lenders use to determine a home’s value. It ensures the amount they’re lending aligns with what the property is actually worth. If the appraisal comes back under the purchase price, buyers might need to step in with extra cash to fill in the gap between the home’s actual value and the loan amount. But a higher-than-offer appraisal is almost always good news for buyers. When a home appraises high, it means the property is worth more than what you’re paying—giving you built-in equity before you even move in.…

Whether you’re packing up a three-bedroom house in Sacramento, CA, or a small apartment in Madison, WI, packing for a move doesn’t have to be a last-minute scramble. If you’ve got a month, you can spread the work out in a way that feels manageable, keeps your home livable, and helps you move into your new home with less stress and fewer “where did that go?” moments. This guide walks you through how to pack for a move in a month using a clear week-by-week schedule, room-by-room priorities, smart packing strategies, and time-saving hacks to get you on your way…

Whether you’re getting out of a two-bedroom house in Nashville or moving on from a studio apartment in Chicago, moving on an abbreviated timeline is stressful. But here’s the good news: packing for a move in a hurry is absolutely manageable when you prioritize the right things, cut decision-making to the bone, and use a few shortcuts. You don’t need a picture-perfect packing system. You need a system that gets you out the door on time with all your stuff safely packed. This guide walks you through how to pack for a move in a hurry, from your first ten…

Netflix’s $72 billion play for Warner Bros. is as much a bet on the future of artificial intelligence (AI) and chips as it is on movies and shows, according to a top Wall Street analyst, who said in an interview with Fortune the deal cannot be understood without looking at Google’s technology ambitions. Amid cries from the jilted Ellison family about a “tainted” sale process and indie producers and theater owners of the “death of Hollywood,” Melissa Otto, Head of Research at S&P Global Visible Alpha, sees a different game being played. Otto said she thinks the tech angle of…

In This Article This article is presented by Connect Invest. “Predictable” isn’t exactly the most exciting qualifier for a real estate market, but it’s the exact word that investors in the multifamily sector have been longing to hear for years. The era of huge market upheavals brought by the pandemic seems to be finally, truly over, with rent growth and supply-and-demand balance returning to pre-pandemic patterns.  It can be difficult to accept, but the fact is that the 2% rent growth rate by 2027—a prediction from Yardi Matrix executives Jeff Adler and Paul Fiorilla—is in line with normal, pre-pandemic rates.…

In This Article This article is presented by Connect Invest. The multifamily real estate market has, without a doubt, been through some tough times over the past few years. Rising interest rates and a falling demand following a multifamily building boom compounded to make multifamily less of a safe investment than it once was.  However, according to the most recent CBRE Multifamily Underwriting Survey, there are signs that confidence is returning to this segment of the real estate market.  What is behind the optimistic sentiment uptick, and should this confidence translate into multifamily investment action if you’ve erred on the…

In This Article Last weekend, wagering sites nearly doubled their expectations for the Trump-aligned election of National Economic Council Director Kevin Hassett as the new Federal Reserve chairman.  The stakes for real estate investors could not be more impactful, as the Federal Reserve chair is effectively the person who helps determine U.S. mortgage rates and, subsequently, market demand. Jerome Powell’s term is scheduled to end in May 2026, with the incoming chairman expected to take a decisively dovish position on rates.  The expectation is that the incoming chairman will align with the Trump administration on (potentially dramatically) lower rates to…

Something unusual is happening at Dollar Tree: The discount retailer said this week that of the 3 million new households that shopped its stores in the third quarter, approximately 60% of those new customers came from households earning more than $100,000 a year.​​The trend underscores a deepening split in the American economy. While cumulative inflation has pushed prices up roughly 25% since 2020, wage growth has not kept pace for most households, leaving consumers across the income spectrum hunting for deals.​“Higher income households are trading into Dollar Tree, lower-income households are depending on us more than ever,” Dollar Tree CEO…