NYC rents hit record highs as Jersey City building boom drives rents down
America's housing crisis solution may lie in the Hudson River divide, where regulation drives Manhattan rents up and new Jersey City supply pulls them down.
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Fed's favored inflation gauge remained elevated in April
The latest PCE inflation data was released by the Commerce Department and showed that inflation rose and remained elevated in April due in part to the Iran war's impact.
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Elizabeth Warren calls for taxing AI industry to 'invest in people’
Democratic Sen. Elizabeth Warren of Massachusetts has called for targeting the AI industry with taxes, suggesting taxing the energy utilized by AI data centers.
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