Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tesla Motors will this month send a team to scout locations in India for a proposed $2bn-$3bn electric car plant, according to two people with direct knowledge of the electric vehicle company’s plans. The step
When the Michigan State Housing Development Authority in February priced $424.6 million of single-family mortgage revenue bonds, it was part of a broad recent surge in the sector. The MSHDA’s new bonds — 2024 Series A tax-exempt, 2024 Series B federally taxable and 2024 Series C variable-rate federally taxable — were issued to finance the
Loading… Loading… Major cryptocurrency took a hit on Tuesday evening, as Bitcoin encountered selling pressure leading as halving approaches.CryptocurrencyGains +/-Price (Recorded 12:00 a.m. EDT)Bitcoin BTC/USD -1.45%$66,053Ethereum ETH/USD -1.51%$3,318Dogecoin DOGE/USD -1.96%$0.18 What Happened: The leading cryptocurrency dropped 5.7% to $65,742, bringing an end to the week-long consolidation between $68,000 and $72,000. Bitcoins upcoming halving event is
A practical, self-sufficient survival garden is one of the best friends you can have if and when the next crisis hits hard where you can still make the “fresh is best” lifestyle a reality even in the event of a collapse. Container gardens, grow bag gardens, hydroponickits, pots on a windowsill and window boxes, vertical
The pressing need to combat a new breed of cybercriminals using artificial intelligence to trick their way into government and corporate records is likely to be the driving force behind AI deployment in the coming months. This was underlined on Wednesday after Microsoft Corporation MSFT said in a report that it had detected hacking groups
The following is a Neo-generated summary of the Health Ranger’s Brighteon Broadcast News from March 18, 2024. The full episode is found at this link on Brighteon.com. “Neo” is our in-house AI / LLM generative model currently being trained on reality-based content. Read about it (and sign up to download it for free) at Brighteon.AI.
Private equity has shifted its stance from the days of taking over targets, with the goal of either flipping them to an interested acquirer or spinning them off into an initial public offering. Buy-side competition is heating up. PE firms are now wielding artificial intelligence (AI) to discern which companies offer reliable, scalable, and secure
beyond pi — What I learned when I replaced my cheap Pi 5 PC with a no-name Amazon mini desktop Pi 5 is still an odd fit for day-to-day desktop use; cheap mini PCs come closer. Andrew Cunningham – Apr 1, 2024 1:39 pm UTC Enlarge / Two cheapo Intel mini PCs, a Raspberry Pi
A home is offered for sale on March 22, 2024 in Chicago, Illinois. Scott Olson | Getty Images Mortgage rates didn’t move much last week, and for the second week in a row, neither did mortgage demand. Potential buyers are handcuffed by exorbitant costs and low supply, and current homeowners have little to no incentive
The bankruptcy of Iowa City’s Mercy Hospital is closer to an end with the resolution last week of a dispute between the committee of unsecured creditors, which had filed a complaint on March 25, and trustee Computershare Trust and bondholder representative Preston Hollow Community Capital. The plan support agreement reached raised the estimated dollar amount
The Spring housing market is defying expectations that prices would cool and competition would ease. Higher mortgage rates usually cool both prices and demand, as they did last year, but that’s not the case now. There are still too few homes for sale because current homeowners can’t afford to move, and it’s keeping prices high.
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Nato is drawing up plans to secure a five-year military aid package of up to $100bn, in a bid to shield Ukraine from “winds of political change” that could usher in a second Trump
In this article RDFN Follow your favorite stocksCREATE FREE ACCOUNT 10’000 Hours | Digitalvision | Getty Images Housing costs are outpacing median household incomes in the U.S., further straining affordability. Would-be homebuyers need to earn $113,520 a year to afford the typical house in the U.S. That is 35% more than what the typical household
U.S. Securities and Exchange Commission chairman Gary Gensler testifies during a Senate Banking Committee hearing on Capitol Hill September 12, 2023 in Washington, DC. Drew Angerer | Getty Images The annual two-day “SEC Speaks” event kicked off Tuesday, offering clues to what the priorities will be for the Securities and Exchange Commission in the coming
Loading… Loading… Digital investment platform company announced a SPAC merger to go public. Looking at the details and what's next for the company. Digital investment platform Webull Corporation is going public via a SPAC merger announced Wednesday. The news comes years after reports that Webull was nearing an IPO to go public. What Happened: The
Financial services company Robinhood Markets HOOD reported fourth-quarter financial results after the market close Tuesday. Here are the key highlights. What Happened: Robinhood reported fourth-quarter revenue of $471 million, which was up 24% year-over-year. The revenue beat a Street consensus estimate of $456.8 million, according to data from Benzinga Pro. Robinhood reported earnings per share
Offering trading infrastructure and building out regulated brokerages, Architect Financial Technologies raised capital to launch a U.S. derivatives brokerage. What Happened: Architect Financial Technologies secured $12 million in capital in its latest funding round, bringing its total funding to $17 million since its inception in January 2023, as per its official release. The current round
different teams — Microsoft splits up the Teams and Office apps worldwide, following EU split Changes may save a bit of money for people who want Office apps without Teams. Andrew Cunningham – Updated Apr 1, 2024 8:12 pm UTC Enlarge / Teams is being decoupled from the other Office apps worldwide, six months after
free as in beer? — OpenAI drops login requirements for ChatGPTs free version ChatGPT 3.5 still falls far short of GPT-4, and other models surpassed it long ago. Benj Edwards – Apr 1, 2024 10:31 pm UTC EnlargeBenj Edwards reader comments 24 On Monday, OpenAI announced that visitors to the ChatGPT website in some regions
A pseudonymous NFT entrepreneur known as Gmoney borrowed $1 million as a 180-day loan in tokenized U.S. dollars (USDC) using his prized Ape Punk #8219 as collateral on the Gondi lending platform. This is the first time a high-value single asset has been used to secure such a loan, according to the investor. The loan