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Fly View Production | E+ | Getty ImagesAs many homebuyers find out, getting a fixed-rate mortgage doesn’t necessarily mean your monthly payments will be the same.For many homeowners, in addition to monthly principal and interest payments, the mortgage payment also includes an amount deposited into an escrow account. This account pays homeowner’s insurance premiums and property taxes, as well as mortgage insurance if the borrower requires a mortgage. About 65% of escrow accounts are expected to be short this year due to recent cost increases, according to real estate data analysis firm Cotality. The estimated average shortfall is $2,157.It’s not…
Lawyers for Elon Musk and OpenAI will make closing arguments this week, leaving it up to a jury to decide whether OpenAI, which has morphed into a somewhat for-profit organization, did anything wrong. But as Kirsten Kolosek, Sean O’Kane, and I pointed out on the latest episode of TechCrunch’s Equity Podcast, a big theme in the final days of the trial was whether OpenAI CEO Sam Altman could be trusted—Musk’s lawyer Steve Moro, for example, grilled Altman about whether his statements in Congressional testimony were true. Kirsten pointed out that Musk himself has made a number of misleading statements, and…
If your Pinterest board is filled with coastal aesthetics and Eurosummer fantasies, you’re not alone. This summer, seashells are everywhere. The Shellmaxxing trend (yes, that’s true, and yes, that’s exactly what it sounds like) feels like a natural evolution of our collective obsession with mermaidcore — thank you, Zara Larsson. From designer runways to your favorite brands, shell-embellished accessories are on the rise, touching everything from jewelry to handbags to footwear, and shoppers are sticking around for them. Part of the appeal of Shellmaxxing may be how down-to-earth this trend is. Natural materials like shells and mother-of-pearl take center stage…
Artificial intelligence is front and center in investors’ minds, but they may be overlooking high-profile initiatives that leverage the technology’s growth to generate income. Data center real estate investment trusts are companies that own and manage facilities that house information technology infrastructure. They are expected to benefit greatly as the demand for AI increases. “Data center REITs are an underrated AI winner because they work on the back end,” said Tejas Desai, director of thematic research at GlobalX ETF, which manages the Data Center & Digital Infrastructure ETF (DTCR). He calls them the “toll booths” of the AI economy. “Every…
Eight years after first hearing the national anthem on soccer’s biggest stage, Panama will have the opportunity to relive that surge of national pride at the 2026 FIFA World Cup.After overcoming a difficult qualifying campaign, they return to the tournament as Central America’s highest-ranked team and are ready to take on the best countries in the world.Recommended stories list of 4 itemsend of listHead coach Thomas Christiansen says Panama is determined to go head-to-head against more prominent opponents and put the country firmly on the map as a regional soccer power.Here’s what you need to know about Panama before the…
Ross Stores Inc. and TJX Companies Inc. are among the companies reporting quarterly results this week, boosting earnings momentum. Only 14 stocks in the S&P 500 are scheduled to report earnings next week, but they remain important for this season. Retailers are set to make a big splash, but artificial intelligence darling Nvidia will be the headliner this week. CNBC Pro screened FactSet data to identify which S&P 500 companies reporting earnings this week have seen earnings momentum accelerate recently. The stocks in the table below had to meet the following criteria: Earnings estimates have been revised upward by at…
Welcome to TechCrunch Mobility. A central hub for news and insight on the future of transportation. To receive this in your inbox, sign up for free here. Just click on TechCrunch Mobility. There’s a bit of a theme emerging in the transportation industry, and really in every industry. That is, AI will create jobs for some people and take away jobs from others. General Motors, for example, laid off more than 10% of its IT department, or about 600 salaried employees, through an intentional skills swap. This means that there is likely to be a net negative job loss as…
Canadian authorities announced Saturday that one of the four Canadians who returned from a cruise ship where there was an outbreak of hantavirus has received a “presumptive positive” test result for the virus. Dr. Bonnie Henry, British Columbia’s public health officer, said results confirming the case are expected from the National Microbiology Laboratory in Winnipeg over the weekend. “Obviously this is not what we wanted, but it’s what we had planned for,” Henry said. The person, one of a couple in their 70s, started showing mild symptoms such as fever and headache two days ago. Both are hospitalized in Victoria.…
Lena Dunham says Adam Driver threw a chair and yelled at her while filming ‘Girls’Adam Driver is addressing Lena Dunham’s bombshell about him. Adam has revealed her cheeky response after the Girls creator and actress claimed in her memoir Famesick that Adam had “sometimes wild” outbursts while filming the show. “I have no comment on that,” Adam said at the Cannes press conference for his film Paper Tiger, according to Variety. “I’ll save it all for the book.” His comments drew laughter from the audience, but Lena said that Adam’s alleged “half-man, half-beast” behavior was no laughing matter, and detailed…
Once again, NVIDIA’s earnings week is upon us. The world’s most valuable company and leading maker of artificial intelligence chips will report first-quarter earnings Wednesday night. Of course, that will cause a ton of action on Wall Street this week. But that’s not the only thing we’re focused on. Other club ownership companies have also reported. Additionally, Google is holding its much-anticipated developer conference, where the latest in AI is expected to be on display. Here are the details (all earnings and estimates are via LSEG): 1. Retail Earnings: Home Depot’s club earnings week begins Tuesday morning. In a note…