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NY Fed President Williams Says Some ‘Technical Factors’ Distorted November’s CPI Reading Downward
NY Fed President John Williams said that “technical factors” likely distorted November’s inflation data, pushing the headline reading lower.
OpenAI Is Reportedly Trying To Raise $100B At An $830B Valuation
OpenAI is in talks to raise up to $100 billion in a funding round that could value the ChatGPT maker at up to $830 billion, the WSJ reported Thursday.
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Most Small SUVs Flunk Updated Insurance Industry Crash Tests
Most small SUVs flunked the latest frontal crash tests done by the insurance industry, but oddly enough, they’re just as safe as they were before.
Fla. Lawmakers Force Homeowners to Buy Flood Insurance
Hundreds of thousands Florida property owners face requirements to buy flood insurance under precedent-setting bill approved by the state Legislature.
Morningstar Launches Platform to Compare, Sell Annuities
Investment research firm built Annuity Intelligence Center for advisers amid boom in products due to higher interest rates, retirement income demand.
Law Firm Busted for Insurance Fraud by Impersonating a Client
Asons Solicitors, a defunct medico-legal firm, has been found liable for making a fraudulent claim by impersonating a client without their knowledge.