As the Federal Reserve continues its hawkish market reset – which has contributed to a rise in interest and mortgage rates – real estate experts are sounding the alarm that “big trouble” lies ahead for the U.S. market. “When you have a rise and increase in interest rates like we’ve had, that is a big problem for housing. Interest rates are like the mother’s milk of housing,” Pulte Capital CEO Bill Pulte told FOX Business’ Maria Bartiromo Thursday. “And if you cut it off, you’re in big… Source link
Read More »With Bing and ChatGPT, Google Faces First Real Competition in 20 Years
Microsoft put $1 billion in OpenAI, which built ChatGPT, and plans to integrate ChatGPT into Bing. Bing has not come close to touching Google’s search dominance since it was launched in 2009. Many have said Google Search has stagnated, and competition from Bing and ChatGPT might change that. … Source link
Read More »With Bing and ChatGPT, Google Faces First Real Competition in 20 Years
Microsoft put $1 billion in OpenAI, which built ChatGPT, and plans to integrate ChatGPT into Bing. Bing has not come close to touching Google’s search dominance since it was launched in 2009. Many have said Google Search has stagnated, and competition from Bing and ChatGPT might change that. … Source link
Read More »Andy Cohen reveals the ‘secret sauce’ to ‘The Real Housewives’ success
Andy Cohen has made a household name for himself thanks to, well, the housewives. “This is a massive cultural phenomenon that has no shows no signs of letting up,” Cohen said of the Bravo franchise, adding he never thought the series would become as prominent and popular as it is today. “It’s a testament to the hard work that we’ve all done trying to keep each franchise special and a great viewing experience for the fans,” Cohen said. Cohen, who has been developing and executive producing… Source link
Read More »Prices for Rolex, Patek Philippe and Audemars Piguet watches will keep plunging due to a flood of supply — but these 3 real assets remain scarce and coveted
Morgan Stanley: Prices for Rolex, Patek Philippe and Audemars Piguet watches will keep plunging due to a flood of supply — but these 3 real assets remain scarce and coveted The second-hand market for luxury timepieces had a huge bull run over the past few years. But according to a recent report by Morgan Stanley using data from WatchCharts — which tracks real-time watch market sales — prices of the most sought-after watches from top luxury brands have dropped significantly. The most… Source link
Read More »Why it may be time to buy into the slumping real estate market
As the U.S. housing market says goodbye to low mortgage rates—and home sales slump as a result— here’s the big question: Is it now time to invest in residential real estate? “For investors like us (it) is an opportunity, actually, to scoop up some new inventory and master plan communities at, I think, prices that will be well-below what we could have seen last year,” Nuveen Real Estate Global CIO Carly Tripp told Yahoo Finance Live (video above). There’s no denying that the real estate… Source link
Read More »The real trade war with China has begun
Former President Trump launched a “trade war” with China in 2018 that mostly produced a series of economic skirmishes and logistical workarounds. Trade between the two nations continued, with some collateral damage where Trump lobbed a tariff, or China lobbed back retaliatory measures. With far less fanfare, the Biden administration has launched a new broadside against China that could do far more damage to its economy than anything Trump contemplated, and trigger unprecedented… Source link
Read More »Play Store revamp, Google antitrust suit updates, BeReal’s real traction • TechCrunch
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. Global app spending reached $65 billion in the first half of 2022, up only slightly from the $64.4 billion during the same period in 2021, as hypergrowth fueled by the pandemic has slowed down. But overall, the app economy is continuing to grow, having produced a record number of downloads and consumer spending across both the iOS and… Source link
Read More »Google’s Next-Gen Video Chat Tech Is Ready for the Real World
Good news for anyone who’s sick of Zoom calls but also hates talking to people in real life: Google’s Project Starline is becoming more widely available. Google introduced Starline in 2021 with the goal of making video calls less weird and awkward. It’s essentially a very complicated video conferencing booth that uses cameras, depth sensors, and three-dimensional imagery to approximate face-to-face conversations between two remote participants. A suite of cameras even track both… Source link
Read More »Google holographic video chat booth, Project Starline, finds its way into the real world • TechCrunch
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. We just keep getting more excited about Disrupt, but it turns out there’s other stuff going on in the world. A lot of other stuff, in fact; it’s one of those days where keeping this newsletter to a manageable length was extra tricky. Here’s what we came up with. Enjoy! — Christine and Haje The TechCrunch Top 3 You, only holographic: Never mind… Source link
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