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.
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NIL era brings new buyers to college housing markets
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Social Security’s Payroll Tax Rate Could Increase. Here’s Why I’d Rather That Happen Sooner Rather Than Later.
Currently, you pay 6.2% of your income into Social Security each year before that money ever makes it to your bank account. That’s thousands of dollars per year. If you’re self-employed like me, then you pay twice as much — the full 12.4% — since you don’t have an employer to split the burden with…
Ari Emanuel Invests In Broadway’s Next Act With $6B Theater Buy
Hollywood mogul Ari Emanuel has agreed to acquire ATG Entertainment in a deal that would make him one of the largest landlords on Broadway. Photo credit: Wikimedia Commons/Ajay Suresh The Lyric Theatre, which houses Harry Potter and the Cursed Child The deal between Mari, the live events company founded by Emanuel last year, and Providence…
High mortgage rates are ‘leaving a mark,’ MBA economists observe
On a day when Chicago Marathon gridlock made getting to the Mortgage Bankers Association’s annual conference a logistical challenge, the MBA’s top economists had a message for originators: Even if you feel like you’re hitting the wall in the higher-for-longer rate environment, stick it out for the long run. “I think we’re going to come…
European T+1 Settlement Readiness for 2027
Europe’s move to next-day securities settlement is scheduled for 11 October 2027, but the first operational deadline arrives in December 2026. Investment managers, brokers, custodians and service providers now need to treat T+1 as an enterprise execution programme, not a distant market-infrastructure event. Europe’s T+1 Clock Is Already Running: What Investment Firms Must Fix Now…
What’s Going On With Chobani House?
Has Chobani soured on Noho? Almost two years after the Greek yogurt giant announced plans to turn a new office building at 360 Bowery into its global headquarters, its much-hyped “Chobani House” remains conspicuously quiet. The 22-story boutique building at the southwest corner of East Fourth Street appears finished on the outside. But inside, there’s…
