AUDUSD retraces some of the gains seen yesterday. What next for traders?

Just weeks after driving major indexes such as the S&P 500 and Nasdaq Composite to record highs, semiconductor stocks are taking a beating once again.

 A joint venture went shopping near SoHo and didn’t come away empty-handed.  Infinity Real Estate and KB Realty Partners just acquired the retail condominium at 75 Kenmare Street in Manhattan’s Nolita neighborhood—just outside of SoHo — for $11.75 million, Commercial Observer can first report.  SEE ALSO: Brookfield Takes a Major Stake in Healthpeak Properties’ $2.1B…

New York City’s public rollout of a new, controversial tax on pieds-à-terre got off to a rocky start. Last week, the Department of Finance sent notices to homeowners across the five boroughs whose properties could be subject to the surcharge — an apparently wide-net approach that notified primary residences and second homes alike. “I was…

Utility infrastructure delays across the US power grid are forcing artificial intelligence developers to bypass traditional electrical utilities. Technology firms and infrastructure investors are directing capital into transportable battery systems and massive solar-storage power purchase agreements to address the severe power constraints faced by high-density data centers. The financial market is actively rewarding equipment providers…

That figure climbs to 44 percent among recent graduates who have used AI before, while 28 percent of Canadians who have previously used the technology trust it for insurance recommendations.  A gender split runs through the findings.   Men, at 14 percent, are close to twice as likely as women, at 8 percent, to trust AI…

Asian small companies are often overlooked – but they shouldn’t be, Gabriel Sacks, manager of the Aberdeen Asia Focus fund says. Speaking to Cris Sholto Heaton on the MoneyWeek Talks podcast which is now available on all podcast platforms and our YouTube channel, Sacks says Asia is the largest economic region in the world, and…