The way people buy and sell homes hasn't changed in decades, but new tech-focused firms like REX Real Estate are looking to shake things up.
Jack Ryan, Founder and CEO of REX Real Estate, explains how the company is using A.I. and big data to streamline the real estate process. Ryan says big data lets them target buyers more quickly and more accurately than other agents.
REX Real Estate is currently available in New York and California, and will be opening offices in Texas and Colorado in the next few months. Ryan says he plans on being available throughout the entire country within a few years.
Stocks sank broadly on Wall Street, worsening their losses for the week, as markets remain anxious about the prospect of more aggressive action by the Federal Reserve to fight inflation with higher interest rates.
Norfolk Southern's CEO is apologizing to Congress on Thursday and pledging millions of dollars to help East Palestine, Ohio, recover from the fiery hazardous materials train derailment as senators investigate.