Republicans sabotaged their own bill to prevent people in Congress from trading stocks. Why?
There are two possibilities. Both of them are bad.
Similar Posts
Goldman Says AI Agents Face a Crucial Test: Making Money
AI agents have quickly become Silicon Valley’s latest obsession. Now comes the harder part of figuring out how they’ll make money. The attention comes amid Meta’s recent launch of Muse, which has brought fresh attention to a new generation of AI software designed to shop online, book travel, and complete tasks on users’ behalf. Goldman…
Meta Releases Muse Glimmer, a New Open-Weight Model
Mark Zuckerberg is launching a new AI model and a vision for a more open form of superintelligence. The social media giant unveiled Muse Glimmer on Monday and said it is an open-weight, agentic model small enough to run on a Mac or PC. Open-weight means users can download and customize the model to run…
Optimality, sparsity and regularization parameter analysis for a risk diversification portfolio selection model
Global “black swan” events, such as the 2007–9 global financial crisis and the 2020–23 Covid-19 pandemic, caused significant disruption to financial markets, in turn leading to increased interest in risk diversification. Meanwhile, sparse portfolio selection is critical for reducing transaction costs and improving managerial efficiency. This paper introduces the risk diversification mean–variance (RDMV) model. By…
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…
Investors becoming more savvy amid tough market conditions
With consumer sentiment softening across the country after the budget, investors have been reevaluating their portfolio management strategies, with some opting to shift their debt for future tax benefits. Fouracre Financial CEO Jack Fouracre said that in the wake of the property taxation changes, he had seen a drastic increase in inquiries from clients wanting…
ZD Jasper’s Paragon Launches Sales in Long Island City
ZD Jasper is making its biggest bet yet on the Long Island City condo market. The Great Neck-based developer launched sales Wednesday at the Paragon, a 182-unit building at 45-40 Vernon Boulevard, making it one of the first condo projects on the LIC waterfront in over a decade. A Serhant New Development team led by…
