Your Future Home hosts Baker Machado and Hope King discuss the biggest stories in the housing market. In a big move, Dell Founder Michael Dell has reportedly bought the most expensive apartment ever sold in Manhatten. The $100,470,000 penthouse is part of the One57 apartment complex on West 57th Street.
Plus, home sales fell in January by the highest level in over three years. According to the National Association of Realtors, U.S. sales of existing homes fell 3.2% last month, to a seasonally adjusted annual rate of 5.38 million.
And if you're on the fence about renting out your house on Airbnb, you may want to listen up. Some homeowners are now using rental income through Airbnb to refinance their mortgages. It's part of a new program by mortgage giant Fannie Mae designed to help more borrowers get better loans in today's tight mortgage market. Airbnb, which already tracks the income data, will now provide the documentation for a mortgage application.
Artificial intelligence is the biggest buzzword at the World Economic Forum’s annual meeting in Davos. Advances in generative AI stunned the world last year, and the elite crowd is angling to take advantage of its promise and minimize its risks.
Smartphones could get much smarter this year as the next wave of artificial intelligence seeps into the devices that accompany people almost everywhere they go.
The plans would include nearly 20,000 homes initially for 50,000 residents and could grow to 400,000 people.
In an annual assessment of global inequalities, Oxfam International said the first trillionaire could emerge within the next decade — as the anti-poverty organization pointed to the growing wealth gap that skyrocketed globally during the pandemic.
The Biden administration proposed a cost drop for overdrawing bank accounts, which it says could particularly relieve Americans living paycheck to paycheck.
With thousands of layoffs in tech and beyond, how workers can keep their skills sharp, plus reasons to be hopeful when looking at the job market.
Taking a look at investment strategy as the new year gets into full swing.
Americans stepped up their spending in December more than expected, closing out the holiday season and the year on an upbeat tone. The Commerce Department said retail sales rose 0.6% in December compared with a November’s 0.3% increase.
A New York architect charged in a string of slayings known as the Gilgo Beach killings was accused in a 25-year-old Connecticut woman's death.
Uber purchased Drizly in a cash-and-stock deal for $1.1 billion in 2021. The drink delivery app will shut down in March, according to Uber.
