As AI Takes on Decision Making, Biases Emerge

Researchers suggest firms that use large language models do regular audits for bias and write prompts to instruct chatbots to make unbiased decisions.

Mortgage Rates Effectively Unchanged Yet Again

Mortgage rates reached their highest level of the week on Wednesday and haven't really moved since then.  Technically each subsequent day saw a microscopic reduction in the average top tier 30yr fixed rate, but the average borrower would likely be seeing the same quote all three days. This flat

Florida to Showcase Post-Hurricane Resilience

Florida tourism leaders plan a campaign to promote resilience and showcase unaffected areas post-Hurricanes Helene and Milton.

New Home Sales Surge More Than Expected

The Commerce Department said new home sales surged by 4.1%, the highest level in over a year. Economists had expected new home sales to climb by 0.5%.