In an era defined by technological advancements, one company stands out among the myriad of players in the ride-hailing industry: Uber. Recently, Josh Brown, the CEO of Ritholtz Wealth Management, declared Uber his largest and most passionate investment, rooted in his belief that the impending rollout of autonomous vehicles will radically reshape the transportation landscape.
The current state of real estate illustrates an evolving narrative in the housing market, where once-prevailing gains are now being tempered by a confluence of supply and demand dynamics. In April, home prices demonstrated a woeful annual increase of merely 2.7%, a stark decline from previous months, marking the lowest growth rate we’ve seen in
Zohran Mamdani’s plan to resolve New York City’s dire affordable housing crisis may seem like an ambitious crusade, but it runs the risk of being a reckless gamble. Proposed during his second-place campaign in the Democratic mayoral primary, the state lawmaker aims to deepen the city’s already precarious financial situation by borrowing an astonishing $70
In a calculated move, Utah is set to launch $247.74 million in unrated tax-exempt revenue bonds to kickstart a monumental public-private partnership. This financial instrument will pave the way for the development of the Point Phase 1 Public Infrastructure District No. 1. Activating this ambitious project on a 35-acre parcel of a 600-acre state-owned site
In an economic environment primed with volatility, the year 2025 is shaping up to be a transformative one for global investors. Unlike the stagnant performance of the S&P 500—which has seen a paltry growth of a mere 2%—international stocks are on a meteoric rise, captivating the attention of those who dare to venture outside the
In May 2023, the U.S. housing market experienced a slight uptick in sales of previously owned homes, recording a modest increase of 0.8% from April. However, this figure masks broader trends that indicate genuine underlying challenges. While the National Association of Realtors (NAR) reported this increase to a seasonally adjusted annualized rate of 4.03 million
The recent passage of House Bill 2025 in Oregon represents a significant moment in the ongoing debate about public funding, infrastructure needs, and taxpayers’ burdens. With a staggering potential increase in taxes and fees amounting to $14.6 billion over the next decade, this bill has ignited a firestorm of controversy. Lagging road conditions, crumbling bridges,
When Rep. Elise Stefanik, a Republican from New York, sends a letter to the Securities and Exchange Commission (SEC), one knows that it’s not just business as usual in the political realm. Her request for an investigation into Harvard University following a $750 million bond sale raises numerous red flags that are worth examining closely.
The current landscape of the American housing market is alarming, echoed by a conspicuous decline in builder sentiment. As depicted by June’s drop in the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), slumping to a disheartening score of 32, the repercussions of elevated mortgage rates and persistent economic uncertainty cannot be
Oklahoma City’s recent approval for a $900 million arena project, ensuring the NBA’s Thunder will stay through at least 2053, represents a significant gamble on the city’s financial future. Mayor David Holt’s jubilant announcement—celebrating a 115-page arena usage agreement—sounds both promising and perilous. While it’s heartening to see local leadership trying to secure the franchise,