Mark Wahlberg and his wife, Rhea Durham, have sold their Beverly Park estate for $55 million. The couple purchased the property for about $8.25 million in 2009 and had a chateau-style mansion built. In Early 2022, Actor Mark Wahlberg has decided to leave Los Angeles, his long-time home, and move to Nevada. In an interview…
Housing Market Trends in Boston show that Boston housing market is facing some significant challenges, but there are early signs of a potential recovery. The shortage of homes for sale and rising prices have made it increasingly difficult for buyers to enter the market, but the importance of shelter in driving CPI-housing growth is a…
Vint Cerf has been known as one of the fathers of the internet and has been heavily involved in the development of the protocols and technologies that support the internet’s architecture. Therefore, when Cerf speaks, people tend to listen. The rise of artificial intelligence and the potential of conversational AI has caught the attention of…
The investment firm of Warren Buffett, Berkshire Hathaway, has sold more shares than it bought in the final quarter of 2022, according to a regulatory filing. While the filings only reflect investors’ equity holdings at the end of the previous quarter and not necessarily what their portfolios look like today, the move provides insight into…
The risk management is a critical part of the finance industry. The stock market, oil industry, and other areas of finance all have their unique risks and opportunities for profit. However, these must be managed correctly to ensure that the investment is profitable. Companies and individuals must be transparent and accountable, and the industry as…
Federal Reserve Bank of Richmond President Thomas Barkin recently expressed concerns about rising inflation in the United States, indicating that the central bank may need to raise interest rates to a higher level than previously anticipated. With inflation continuing to run too fast for comfort, Barkin believes that the Federal Reserve may need to take…
Inflation Moderates in the US but Remains Elevated. The latest report from the Labor Department shows that US inflation moderated in January, but it still remains at historic highs. The consumer-price index (CPI), a closely watched measure of inflation, climbed 6.4% in January from a year earlier, down from 6.5% in December. This marked the…
The stock market saw broad-based gains this week as it continued to recoup losses from the previous weeks. The S&P 500 index saw gains across various sectors, with energy being the biggest gainer in Monday’s trading. Traders were optimistic about the latest read on inflation, as the consumer-price index data released on Tuesday showed a…
The global economic outlook in 2023 is a mixed bag, with some countries and regions facing significant challenges while others are poised for growth and stability. Factors such as energy prices, geopolitical risks, domestic policies, and global trade dynamics will continue to shape economic trends and prospects in the years ahead. The economic landscape in…
In the lead up to Super Bowl LVII, thousands of homeowners in the Phoenix metropolitan area listed their properties on short-term rental websites, hoping to take advantage of the event’s potential payoff. As the big day approaches, these homeowners remain optimistic about securing last-minute bookings. The Super Bowl, which will feature the Kansas City Chiefs…