The Lehman Bros. moment of the AI bubble is coming, says this critic warning of fallout for tech stocks and the entire market

National affordable housing nonprofit Reinvestment Fund is undergoing a leadership shake-up, with two executives departing to pursue independent consulting ventures.  Ira Goldstein spent 27 years with the Philadelphia-based nonprofit, most of them as president of policy solutions, before leaving last month to launch IJG Urban Advisors.   Ira Goldstein “I felt like the team that I had built, the…

An extraordinary “trophy” apartment perched atop one of Miami‘s most luxurious buildings has hit the market for $17.99 million—offering one very deep-pocketed buyer the chance to enjoy the kind of lavish amenities found only in the world’s priciest megamansions, but without the demanding upkeep that is usually associated with owning a waterfront home. Offering soaring…

Fourth-trigger CDS market weighs going blind – Risk.net Skip to main content End of drawer navigation content Dealers see benefit of undisclosed, replenishable pools – but not everyone is convinced A structure already embraced by the loan market may reshape how banks lay off derivatives counterparty credit risk, as so-called blind pools – undisclosed, replenishable…

In a major case between Meta and 52 attorneys general across the U.S. alleging the social media giant knowingly designed products that were harmful and addictive to kids, the two sides settled on Wednesday, with the Facebook and Instagram parent company agreeing to pay about $17 billion. It’s one of multiple trials related to alleged…

CFTC accused of ‘double standards’ on compute futures – Risk.net Skip to main content Close navigation menu End of drawer navigation content Duffy question ‘long review’ of CME’s contract when Kalshi already offers similar product CME chief executive Terry Duffy has accused the US Commodity Futures Trading Commission of applying double standards by blocking its…

CME Group said it has partnered with FutureSports to introduce what the companies described as the world’s first futures on sports indexes, in a long-term deal that will see the exchange operator list futures and options on FutureSports Performance Indexes. The cash-settled contracts will be based on officially reported, league-approved statistical outcomes and FutureSports’ index…