New Mexico court orders Meta to pay $567 million for teen mental health fund

Microsoft CEO Satya Nadella, right, speaks as OpenAI CEO Sam Altman looks on during the OpenAI DevDay event in San Francisco on Nov. 6, 2023. Justin Sullivan | Getty Images Longtime partners OpenAI and Microsoft both indicated they were suffering from outages for key products on Monday, though there were no reports that the outages…

Homebuilders are feeling just a tad more confident as the summer housing market draws to an end. Homebuilder confidence in current sales conditions bumped up one point, raising the National Association of Home Builders/Wells Fargo Housing Market Index to 35 on Monday. Anything udner 50 reflects that more builders view the market for new homes as “poor”…

Investors are bullish on Meta’s new low-cost AI pricing and infrastructure plans.

According to a recent analysis conducted by Redfin, a real estate brokerage subsidiary of Rocket, San Antonio has emerged as the primary relocation destination for Generation Z individuals, whereas Houston represents the most sought-after location for millennial relocations. Generation Z populations are increasingly drawn to metropolitan areas including Washington, D.C., Austin, and Nashville—urban centers characterized…

Bill Pulte, director of the Federal Housing Finance Agency (FHFA) and chairman of Freddie Mac’s board of directors, said the results reflected what he described as disciplined execution. “Net income was $3.8 billion, driven by strong revenues, a credit benefit and continued cost discipline,” Pulte said in a statement. Non-interest expense fell 3% year-over-year to…