ARM demand saw a significant increase last week, likely due to shifts in interest rates and market conditions. With the average contract interest rate for 30-year fixed-rate mortgages rising to 7.67%, and that of 5/1 ARMs dropping to 6.33%, ARM demand experienced a 15% growth during the week. This change signifies that borrowers are searching…
This article originally appeared on Business Insider. Charlie Munger trashed cryptocurrencies, warned the AI buzz seems overblown, and praised Zoom for keeping him connected during his closing keynote at Zoomtopia on October 4. Warren Buffett’s business partner and Berkshire Hathaway‘s vice-chairman also shared some of his best tips for achieving success in business and life…
Google announced on Tuesday it’s hoping to make entering passwords a thing of the past with more widespread adoption of its “passkey” feature, which launched earlier this year. “We’ll continue encouraging the industry to make the pivot to passkeys — making passwords a rarity, and eventually obsolete,” the company wrote in the release. To use…
Costco shoppers, beware: your personal information may have been compromised and shared with tech behemoth Meta, according to a new lawsuit. In documents filed in Seattle Federal Court, the class-action lawsuit alleges that Costco was using Meta Pixel on the healthcare area of its website without customers’ knowledge or consent. Meta Pixel is an analytical…
Genius Bar who? According to analysts, smartphones may be able to fix themselves within the next few years. According to analyst firm CCS Insight, smartphones with “self-healing” capabilities may hit the market as early as 2028, CNBC reported. The concept involves applying “nano-coating” on the display surface, which can repair minor scratches by creating a…
Opinions expressed by Entrepreneur contributors are their own. If you’re a tech leader striving for innovation, you’re shooting yourself in the foot by pushing for aggressive return to office (RTO) mandates. Yes, you heard it right. You might think that statement is counterintuitive and defies conventional corporate wisdom, but its validity is increasingly corroborated by…
If you’ve ever thought that coffee doesn’t taste as good on an airplane as it does on the ground, you’re not alone — and there’s actually science to back up why. Alaska Airlines is hoping to combat this problem through a partnership with Oregon-based coffee company Stumptown Coffee Roasters by rolling out an in-flight blend…
Opinions expressed by Entrepreneur contributors are their own. When you think of the best and most-loved brands, why are they so good at what they do? A few things stand out. They’re customer-focused, consistently delivering high-quality products or services. They value their employees. They’re innovative and flexible. They offer an excellent return on investment, rewarding…
This article originally appeared on Business Insider. It takes a lot to run the world’s largest company — including a very early wake-up call. Apple CEO Tim Cook wakes up before dawn and begins his by reading hundreds of feedback emails from customers before heading to the gym. Once he’s at the office, he works…
Despite artificial intelligence‘s sweeping presence and mainstream implementation, this year’s hot tech buzzword could be in for quite the humbling by next year. According to a recent prediction by analyst firm CCS Insight, the generative artificial intelligence (AI) space is poised to get a “cold shower in 2024” as escalating operational costs and increasing demands…