The decisions by HSBC and Barclays to quit a key UN-backed climate group were the final blows that led to its collapse last month. The Net Zero Banking Alliance (NZBA) …
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“Hundreds of Billions”: Altman Touts Soaring Revenue as Skeptics Point to Slowing AI Adoption
A stark divide has emerged in the narrative surrounding OpenAI’s future. On one side, CEO Sam Altman projects boundless growth, claiming annualised revenue will exceed $20 billion this year and …
The US Department of Commerce is poised to approve a significant expansion of its steel tariff program after a second consultation in three months yielded requests to tax 700 new …
As UK house prices climbed to a record average of $pounds$299,862 in October, the mortgage market remains a key factor for buyers navigating the expensive landscape. The 0.6% monthly price …
Chancellor Rachel Reeves has reportedly decided not to increase taxes on banks in her upcoming budget, a move that has been met with relief across the financial sector and the …
Global markets took a nosedive as concerns over inflated AI valuations sparked a widespread sell-off across the world’s leading stock exchanges. The slump followed cautionary remarks from banking executives warning …
Norway’s sovereign wealth fund has announced it will vote against Tesla’s proposed $1 trillion compensation plan for Elon Musk, citing concerns about corporate governance and risk management. The move could …
OpenAI, the firm behind ChatGPT, is reportedly preparing for a blockbuster IPO that could value it at up to $1 trillion by 2026. The potential float would be one of …
Agent Commissions Recover After Rule Changes, But Uncertainty Lingers Across Price Tiers
Real estate commission rates have rebounded after an initial drop following major industry rule changes, signaling resilience but also highlighting new dynamics in how agents are paid. Recent data shows …
Mortgage rates have edged lower, giving potential homebuyers a glimmer of hope — but ongoing affordability challenges and economic uncertainty continue to weigh down the spring housing market. The average …