The Lehman Bros. moment of the AI bubble is coming, says this critic warning of fallout for tech stocks and the entire market
OpenAI is going down, and taking investors and an entire industry with it, argues artificial-intelligence critic Ed Zitron.
OpenAI is going down, and taking investors and an entire industry with it, argues artificial-intelligence critic Ed Zitron.
Inflation affects everything from grocery bills to rent, making the Consumer Price Index one of the most closely watched economic indicators. What does inflation mean at the micro level — specifically to your household? The Bureau of Labor Statistics (BLS) divides all expenditures into eight categories and assigns a relative size to each. The pie chart below…
Earlier in 2026, the BoC flagged a two-sided risk profile: the possibility of rate cuts if growth disappointed more sharply than forecast, and potential hikes if energy prices from the Iran conflict drove a sustained, generalized consumer price shock. In recent weeks, neither scenario has materialized. Inflation concerns retreat Higher oil prices stemming from restricted…
Reverse mortgage rates have fallen across Canada, but the latest cuts were not triggered by the Bank of Canada and were less directly tied to bond-market movements than conventional mortgage rates. In late June, Equitable Bank lowered the 5-year fixed rate on its Flex Lite reverse mortgage from 6.44% to 6.23%. Days later, Bloom Financial…
On the corporate side, FSRA alleges that Capitis contravened the MBLAA and its regulations in the operation of its mortgage administration business — specifically, that the company misused its trust account and mishandled mortgage funds, contrary to sections 23(1), 35, and 37 of Ontario Regulation 189/08. Those provisions set out strict requirements for how mortgage…
Flock Safety is hitting a rough patch with one of its biggest customers. The Los Angeles Police Department let its deal with the surveillance company expire over the past weekend, a spokesperson of the department told Business Insider on Monday. “We wanted to address some of the civil liberty and civil rights concerns and ensure…
The number of new-build developments coming to the market is at its lowest level since 2017, limiting stock for first-time buyers. The average mortgage rate currently sits at 4.92%, up from 3.53% four years ago. For buyers, developers and estate agents alike, this translated to demand constraints. Rightmove urged the government to support developers…