A stern warning from Federal Reserve Chair Jerome Powell that taming inflation “requires using our tools forcefully” even if that brings “some pain to households and businesses” sent stock prices tumbling Friday, but had surprisingly little impact on long-term interest rates.
Powell’s remarks at the annual Jackson Hole central banking conference in Wyoming raised the odds that the Fed will
Gov. Kristi Noem (Getty)
A state ethics board found enough evidence to take “appropriate action” against the South Dakota governor who intervened in her daughter’s application to become a real estate appraiser.
Three retired judges that comprise South Dakota’s Government Accountability Board found that Gov. Kristi Noem may have “engaged in misconduct” when her daughter, Kassidy Peters, was granted a
Hello, hello! We’re back with another edition of Week in Review, the newsletter where we quickly break down the top stories to hit TC in the last seven days. Want it in your inbox? Sign up here.
Our most read story this week was about Stable Diffusion, a “new open source AI image generator capable of producing realistic pictures from
Even though we’re learning more about Mars than ever before thanks to rovers, orbiters, and landers visiting the planet, there’s still a whole lot we have to learn about how Mars formed, its history, and what it’s made up of now. The Perseverance rover has been exploring Mars’ Jezero crater since it landed there in 2021, and now scientists have
RentSpree, an end-to-end technology solution for the multifamily industry, has secured a Series B funding round of $17.3 million, according to an announcement sent exclusively to Inman.
RentSpree started out in 2016 merely wanting to make it easier for landlords and leasing agents to qualify potential tenants, according to CEO and co-founder Michael Lucarelli. The rental market’s recent surge in
From left: Arch Companies’ Jeff Simpson and Eli Karp with 1580 Nostrand Avenue (Arch Companies, KND Law, Loopnet, Getty)
Eli Karp waged a scorched-earth campaign against Madison Realty Capital for attempting to foreclose on his prized Flatbush apartment complex. Now he could have a new enemy.
Arch Companies purchased the senior and mezzanine loan from Madison Realty and is planning