Author: josh
More than 700,000 federal employees are going without pay as the government shutdown moves into its fourth week. A group of 70,000 law enforcement officers is one of the exceptions. Customs and Border Protection border patrol agents, Immigration and Customs Enforcement deportation officers, Secret Service Special Agents, and Transportation Security Administration air marshals will continue to be paid during the ongoing shutdown, a Department of Homeland Security spokesperson confirmed to Fortune. Homeland Security Secretary Kristi Noem outlined on social media last week these personnel will receive “super checks” by Wednesday covering their next pay period, as well as lost wages…
In This Article This article is presented by TurboTenant. When I bought my first rental property, I did everything myself: tenant screening, showings, lease preparation, and even bookkeeping. At tax time, I’d stay up late, buried in receipts, scanning through bank statements, and manually filling in spreadsheets. My desk was a mess of receipts, and my filing cabinet was filled with folders of documents, more receipts, and leases. For the first few properties, I managed to stay pretty organized. But as my portfolio grew, bookkeeping started to take over my life. What used to be a few hours of data…
In This Article When the federal government came to a screeching halt on Oct. 1, the government shutdown left ugly marks on the real estate industry, particularly rental markets. States like Florida, Delaware, Arizona, Hawaii, and Nevada rely heavily on real estate as the lifeblood of their local economies. The shutdown began when Congress failed to pass a funding bill, forcing federal agencies to partially close, which has decimated the operation of housing programs that rely on them. With the shutdown now surpassing the two-week mark, essential functions such as loan processing by the FHA, VA, and USDA have slowed…
A $133 million Florida compound is the highest-priced sale so far this year Coastal Florida takes the cake for the most expensive home sale of 2025 so far, with a beachfront compound in Naples going for $133 million. It’s followed by two Los Angeles estates, each fetching $110 million. Every home on this year’s top 10 list has sold for $60 million or more; Florida and California dominated the list. The Sunshine State and the Golden State have long been ultra-luxury hotspots. In total, Los Angeles and coastal Florida account for seven of the ten most expensive sales this year.…
When Rani Johnson joined Workday as chief information officer in March 2023, her appointment happened to coincide with some monumental generative artificial intelligence milestones, including the debut of Anthropic’s Claude and the rollout of OpenAI’s GPT-4. Amid all the buzzy attention on generative AI and the hunt to produce both top- and bottom-line gains from the deployment of these fast-developing tools, Workday wanted to be thoughtful about how it would budget the business software company’s AI investments. A close partnership was forged between IT and finance, the latter led by Chief Financial Officer Zane Rowe, who joined Workday just three…
Daniel Naroditsky, a chess grandmaster who built a global following through his accessible teaching style and blitz chess mastery, died unexpectedly at 29, his family announced Monday. The California-born player, who posted his first YouTube video after a nine-month absence last Friday, was found unconscious on a couch at his Charlotte, N.C., home on Sunday by club founder Peter Giannatos and grandmaster Oleksandr Bortnyk. The cause of death has not been disclosed. Since his death, many in the chess community, including leadership in the International Chess Federation (FIDE), have pointed fingers at a prolonged conflict between Naroditsky and Russian former…
Keller Williams Realty, LLC is expanding across the Middle East. As momentum continues, KW has awarded a new master franchise in Qatar. “The addition of KW Qatar marks another milestone in our Middle East growth story,” said William E. Soteroff, president of Keller Williams Worldwide (KWW), the international division of Keller Williams. “Across 35 market centers and close to 4,000 agents, our presence in the region continues to accelerate as we share our culture and business models with local leaders eager to build thriving, service-driven real estate businesses,” said Soteroff. Muhammad Usman Saeed Led by Regional Operating Principal Muhammad Usman…
A new open letter, signed by a range of AI scientists, celebrities, policymakers, and faith leaders, calls for a ban on the development of “superintelligence”—a hypothetical AI technology that could exceed the intelligence of all of humanity—until the technology is reliably safe and controllable. The letter’s more notable signatories include AI pioneer and Nobel laureate Geoffrey Hinton, other AI luminaries such as Yoshua Bengio and Stuart Russell, as well as business leaders such as Virgin cofounder Richard Branson and Apple cofounder Steve Wozniak. It was also signed by celebrities, including actor Joseph Gordon-Levitt, who recently expressed concerns over Meta’s AI…
The U.S. government shutdown has halted federal economic data collection, leaving investors without official employment or inflation figures. Despite flying blind, markets remain upbeat as stocks near record highs. Gold fell sharply. And Q3 earnings estimates look strong, boosted by AI investment. S&P 500 futures were up marginally this morning after the index closed flat yesterday, near its all-time high. Markets in both Europe and Asia were up or flat this morning, too. Gold, the traditional safe-haven asset which has gained 55% year to date, lost 5.3% yesterday—its biggest decline in five years. In other words, investors appear to be…
Senate Democrats sent Steve Witkoff, President Donald Trump’s special envoy to the Middle East, a letter Wednesday calling for more details about his personal crypto interests. Led by Sen. Adam Schiff (D-Calif.), eight senators demanded Witkoff explain why his latest ethics disclosure showed he still owned stakes in a Trump-linked cryptocurrency as well as other crypto business entities. “Your failure to divest your ownership in these assets raises serious questions about your compliance with federal ethics laws and, more importantly, ability to serve the American people over your own financial interests,” wrote the senators. World Liberty Financial, the crypto business…