Author: super@dmin
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: Student-loan repayment pause helped young people ‘participate in the recent housing boom’
The ongoing student-loan payment pause boosted homeownership rates among young Americans, according to a new report.
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The Tell: Goldman sees lower rents pulling a key core inflation gauge below 3% this year
As asking apartment rents tumble, a top Goldman Sachs economist sees the Federal Reserve’s favored U.S. core inflation gauge dipping below its own year-end 3.5% forecast.
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: Pay raises for Uber and Lyft drivers ‘held up by a technicality,’ NYC judge says
A judge who blocked what he called a deserved pay raise for ride-hailing drivers in New York is asking the commission that mandated raises to show its work.
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: IBM just broke a winning streak that lasted nearly three decades
IBM lost its crown as the top U.S. patent grantee in 2022 to South Korea’s Samsung, according to a ranking from an industry tracker
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: Jefferies stock rises on merchant banking strength
Analyst sums up Jefferies as a decent result in an overall messy quarter as the company kicks off earnings season for Wall Street banks
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: Amazon is challenging Shopify, and Shopify’s stock is losing so far
Amazon.com Inc. on Tuesday said it would expand its Buy with Prime business services to most online merchants nationwide by the end of the month.
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Washington Watch: The Republican House is setting up a committee on ‘the weaponization of the federal government’ — and terminating these panels
Republican lawmakers are establishing new committees now that they have control of the House of Representatives, while other panels are ending or changing.
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The Tell: “A year of two halves”: Stifel’s Barry Bannister expects a near-term rally in U.S. stocks and then trouble later in 2023
Trouble may be brewing in the second half of this year, but there’s “a window” for a stock-market rally during the first six months of 2023, in the view of Stifel chief equity strategist Barry Bannister.
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Living With Climate Change: Gas stove ban: U.S. draws closer to action with a consumer agency turning up its scrutiny
The U.S. as a whole could be edging nearer a ban on gas stoves if the interest of a federal consumer safety commission is any indication.
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Your Digital Self: OpenAI’s ChatGPT has awed the world. Expect a version of Google Duplex to strike back amid a wave of AI assistants
The next stage of ‘search’ has begun.