AI doomsday fears are arriving at the worst possible time for the stock market

In 2019, a Louisiana apartment property financed in a commercial mortgage-backed securities or Freddie K-Series deal spent about $4.77 on insurance for every $100 of revenue it collected. By 2025, that figure was $9.42, and that is after premiums fell last year. The Louisiana example underscores the shape of the apartment insurance story. After five…

Reddit announced on Thursday that it will soon start being a (mostly) logged-in-only experience, citing declining search traffic as one of the reasons. Redditors, who are famously level-headed and open to change, reacted about how you would expect. In an earnings call, CEO Steve Huffman said that Google’s AI Overviews “are not traffic drivers”,” and…

Max Estates has acquired around 84.71 acres of land in West Delhi, in a non-cash share-swap transaction that could unlock an estimated gross development value (GDV) of Rs 10,000-12,000 crore over the coming years.   The real estate arm of the Max Group has entered into a share purchase agreement to acquire the entire ownership…

(Bloomberg) — In recent years, Wall Street has turned a quirk of ETF plumbing into a $23 billion business helping wealthy investors reshape appreciated stock portfolios without immediately triggering a capital-gains tax bill. On Monday, the Internal Revenue Service delivered the clearest threat yet to the trade, targeting its most aggressive forms and setting off…

I’m no stranger to long-distance train travel aboard Amtrak. Recently, it has been my preferred mode of travel as jet fuel costs push airfares to unpredictable heights. During a recent trip from New York to Chicago in mid-June, I chose to book a two-leg Amtrak trip to compare the business-class seats from New York to…