More from Mazdak
Artificial intelligence (AI) is transforming creative industries, but it has also raised serious legal and ethical questions.
In the ever-evolving world of artificial intelligence, the stage has been dominated by Western giants like OpenAI, Google, and Meta.
(Why this could be the start of a new era for AI tools)
In a rapidly evolving digital landscape, privacy and data usage are hot topics—and LinkedIn, Microsoft’s business-focused social media platform, is at the center of the latest debate.
More in finance
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Gross Domestic Product, 4th quarter and Year 2024 (Advance estimate). The consensus is that real GDP increased 2.6% annualized in Q4. initial weekly unemployment claims report will be released. The consensus is for a increase to 228 thousand from 223 thousand last week. Pending Home Sales Index for December. The consensus is for a 1.0% decrease in the index.
Plus! AI Price Discrimination; Openness; Disclosure; Arbitrage; Meta
From the BEA: Gross Domestic Product, 4th Quarter and Year 2024 (Advance Estimate) Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the fourth quarter of 2024 (October, November, and December), according to the advance estimate released by the U.S. Bureau of Economic Analysis. In the third quarter, real GDP increased 3.1 percent. Real GDP increased 2.8 percent in 2024 (from the 2023 annual level to the 2024 annual level), compared with an increase of 2.9 percent in 2023. The increase in real GDP in 2024 reflected increases in consumer spending, investment, government spending, and exports. Imports increased. emphasis added PCE increased at a 4.2% annual rate, and residential investment increased at a 5.3% rate. The advance Q4 GDP report, with 2.3% annualized increase, was below expectations. I'll have more later ...
Artificial intelligence (AI) is transforming creative industries, but it has also raised serious legal and ethical questions.
Today, in the Calculated Risk Real Estate Newsletter: Inflation Adjusted House Prices 1.1% Below 2022 Peak It has been over 18 years since the housing bubble peak. In the November Case-Shiller house price index released yesterday, the seasonally adjusted National Index (SA), was reported as being 77% above the bubble peak in 2006. However, in real terms, the National index (SA) is about 12% above the bubble peak (and historically there has been an upward slope to real house prices). The composite 20, in real terms, is 3% above the bubble peak. The second graph shows the same two indexes in real terms (adjusted for inflation using CPI). House Prices: 7 Years in Purgatory) There is much more in the article!