Mortgage applications tumble as rates hit highest level in nearly a year

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Former Federal Reserve Chair Ben Bernanke joined Anthropic’s Long-Term Benefit Trust (LTBT), an independent body that works to hold Anthropic to its mission of responsibly developing artificial intelligence for the long-term benefit of humanity. Bernanke led the Federal Reserve from 2006 to 2014, earned a Nobel Prize in Economic Sciences in 2022, and is a…

Alphabet: Making Money The 'Wrong' Way: Worst Bear Case Yet

By Siddhi Nayak   India has asked state-owned banks to intensify efforts to garner foreign currency deposits from the 35-million-strong diaspora, as the country seeks to boost its external buffers and shore up the flagging rupee.   In a meeting held Monday, Finance Minister Nirmala Sitharaman urged government-run lenders to step up…

The first rent freeze lawsuit is here.  A group of landlords filed a petition and complaint Thursday seeking to send the rent freeze decision back to New York’s Rent Guidelines Board for an increase. Here’s a closer look at some of the players in the case. Judge Ralph Porzio  Plaintiffs filed this case in state…