Summer Flings And Heartbreaks
Summer Flings And Heartbreaks
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British Columbia Files Lawsuit Against OpenAI Over School Shooting
British Columbia is taking OpenAI and CEO Sam Altman to court over the company’s alleged role in a mass shooting that shattered a small Canadian community. Niki Sharma, the Deputy Premier and Attorney General of British Columbia, filed a lawsuit Monday in California to hold OpenAI “accountable for designing a dangerous product, distributing it to…
Stocks Settle Higher as a Weak Jobs Report Allays Rate Hike Fears
The S&P 500 Index ($SPX) (SPY) closed up +0.62% on Friday, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.28%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.19%. September E-mini S&P futures (ESU26) rose +0.55%, and September E-mini Nasdaq futures (NQU26) rose +1.17%. Stock indices settled higher on Friday amid strength in corporate earnings results and…
Data center build-out obscures slowing construction starts for CRE sector
The rise of data centers tied to artificial intelligence remains the biggest news in commercial real estate in the first half of 2026. But if you strip out the booming data center segment, construction starts in the CRE sector have slackened to a pace resembling the sluggish crawl in the aftermath of the Great Recession,…
Fed Governor Cook Pushes Back on Trump’s Renewed Effort to Fire Her
Federal Reserve Governor Lisa Cook on Wednesday pushed back in a court filing on President Donald Trump’s renewed effort to fire her from the central bank. Lawyer Abbe Lowell told the White House in a five-page letter that allegations of mortgage fraud against her “remain unfounded and untrue.” CNBC said that Lowell’s defense of Cook…
Mortgage Rates Hold Steady at 3-Year High as Bond Market Stabilizes
Mortgage rates held steady at a three-year high this week as the bond market stabilized, helped by an influx of investor cash from a selloff in technology and AI stocks. The average rate on 30-year fixed home loans was unchanged at 7.40% for the week ending Oct. 15, according to Freddie Mac. For perspective, rates…
RIAs Using AI Increase Hiring and Advisor Productivity
With the avalanche of AI hype, product launches and announcements I’m constantly buried by, it is refreshing to receive analysis and data that reflects actual usage and grounds me back into some semblance of reality. Such analysis arrived this week in the inaugural 2026 RIA Market Monitor report from the startup AI infrastructure provider Astraeus,…
