AI boom poised to be ‘massively disinflationary’, Northern Trust says
Head of financial services group’s $1.4tn asset management division expects new tech to unleash huge productivity gains
Read MoreIf You Think Divorce Is Messy, Try Splitting Up When You’re Not Married
Whether the fight is over the house or the dog, unwed former couples are often beholden to a patchwork of legal interpretation. ‘It’s the Wild West.’
Read MoreKevin Warsh pitched a case for Fed rate cuts. His future colleagues are skeptical.
He has argued an AI boom will ease price pressures, citing Alan Greenspan’s patience in the 1990s. His future colleagues see an economy that looks nothing like it did then.
Read MoreJapan issues tsunami warning after major earthquake
Warning for wave up to 3 metres high on north-eastern coast
Read MoreChina does have one powerful lever to boost consumption
A permanent cut in the payroll tax could benefit workers and the world
Read MoreZillow’s housing update gets unexpected reality check
For years, the narrative around the U.S. housing market has been driven by one consistent theme: America is short on homes. Zillow has been one of the loudest voices shaping that narrative, publishing research that estimates the country is missing 4.7 million housing units. This number has been …
Read MoreFlorida’s migration patterns are changing. Residents in their prime working years are heading to other states, while fewer people are arriving.
Orlando and other Florida cities are either losing domestic migrants or gaining them more slowly, threatening the state’s economic model.
Read MoreWells Fargo reveals how your primary residence can impact your taxes
Two people earning an identical paycheck can finish the year with very different bank balances, and the reason surprises most households every April. A new advisory from Wells Fargo points to a quiet financial force shaping how much income you keep each year, unrelated to your salary. Before your …
Read MoreTarget is selling a $90 5-piece comforter set for $28, and it comes in 8 colors
It has a reversible design and comes with a bed skirt that can hide under-bed storage.
Read MoreAirline cancels flights for disturbing reason
With jet fuel remaining at record highs amid the closure of the Strait of Hormuz, a number of airlines have started to cancel flights to run only the most profitable routes. Delta Air Lines and Air Canada each trimmed six routes to different U.S. cities from its summer flying schedule while Dutch …
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