Record Rents But an End in Sight America’s renters have had to contend with record high prices for apartments and houses. Last month, the median asking rent stood at more than $2,050, just below the record high recorded in 2022. But there may finally be light at the end of the tunnel for renters. Rental…Read more
Big Tech Goes to Washington The who is who of big tech found themselves in Washington, D.C., on Wednesday, discussing the path forward for AI regulation. Companies and investors are excited about what advances in artificial intelligence could mean for big tech. But lawmakers are itching to regulate the space. Senators from across the aisle…Read more
To Hike or not to hike It’s Fed week and investors are curious to hear the central bank’s Chairman Jerome Powell address the latest round of inflation data, which came in a little hotter than expected. August consumer price inflation hit 3.7% year-over-year, marking the second straight month of increases. Even so, inflation has come…Read more
