CrossCountry Mortgage lifts internal conforming loan limit to $845K
One investor has shared how he built a $5.5 million, six-property portfolio and secured his financial future after a divorce left him with $7,000 in his bank account. In a recent episode of The Property Nerds podcast with Arjun Paliwal, investor Trent Olsen said that a combination of long-term strategy, financial discipline, and data-driven decision-making…
Chinese artificial intelligence startup DeepSeek has reportedly paused its second round of funding. That’s according to a report Saturday (July 25) from Bloomberg News, which says the decision comes days after viral comments on American-Chinese AI competition, widely attributed to the company’s founder. Sources familiar with the matter told Bloomberg that DeepSeek had told some…
Australia targets social media algorithms with new user-choice rules
CME Group revealed on Monday that nearly 15,000 of its 1-Ounce Gold futures contracts traded during the opening weekend of its new round-the-clock schedule, representing about $60 million in notional value. The derivatives exchange operator launched the 24/7 trading format for the contract, allowing customers to trade regulated gold futures at any time of day,…
A former Morgan Stanley advisor is claiming the wirehouse “circled the wagons” and protected supervisors whom she’d accused of misconduct. In the lawsuit filed in the North Carolina federal court, Elizabeth Hobson argued that her supervisors discriminated against her because she was a woman and because of her physical disability brought on by injuries and…
Oil prices are not higher largely because the world does not want as much oil as it used to — and that’s arguably the more troubling story.