Several exchange-traded funds that buy stocks with exposure to artificial intelligence surged Thursday after closely watched AI beneficiary Nvidia Corp....
WASHINGTON (Reuters) - Leaders of the U.S. House of Representatives said Tuesday they are forming a bipartisan task force to explore potential legislation to address concerns around artificial intelligence.Efforts in Congress to pass legislation addressing AI have stalled despite numerous high-level forums and legislative proposals over the past year.House Speaker Mike Johnson, a Republican, and Democratic Leader Hakeem Jeffries said the task force would be charged with producing a comprehensive report and consider "guardrails that may be appropriate to safeguard the nation against current and emerging threats."Generative AI - which...
Jeremy Grantham.Boston Globe/Getty ImagesUS stocks are heavily overvalued, a recession is coming, and AI is overhyped, Jeremy Grantham said.Stocks would...
Tenants say the management started to increase prices substantially after giving renters concessions during the Covid-19 pandemic.The 527-unit building is...
Technology stocks led the stock market to new all-time highs in the past year. In fact, the Technology Select Sector SPDR ETF (ticker: XLK) has more than doubled the S&P 500's total return in the past 12 months. For more than a decade, brief periods of tech sector underperformance have consistently been long-term buying opportunities, and that trend seems likely to continue to play out in 2024. Inflation and elevated interest rates remain headwinds for tech earnings in the near term, however, making stock selection critical. Here are 10 of...
Over the next five years, although some trends accelerated by the COVID-19 pandemic will continue to influence real estate and land use, other factors will also gain in importance. Among those are an aging population, the rising costs of climate change, a more unstable world and the expansion of artificial intelligence into new corners of the economy. As a consequence, even if the housing market gradually unfreezes as mortgage rates slowly decline from 2023's highs, the hottest housing markets in 2028 may look a bit different from early 2024.This is...