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The Mortgage Bankers Association (MBA) on Monday announced the launch of a new initiative involving 12 other corporate stakeholders. The entities will seek to find potential solutions for closing the racial homeownership gap. The new initiative comes in the form of a group called the “CONVERGENCE Collaborative,” which is a “coordinated effort to identify and develop solutions to help close the racial homeownership gap,” according to an announcement published by MBA. The group is committing more than $1 million per year “to build on the existing network of location-based CONVERGENCE sites focused on expanding minority homeownership.” In addition to MBA,…

Chairman of Foxconn Young Liu delivers a speech during the Hon Hai Tech Day in Taipei on Oct. 18, 2023.I-hwa Cheng | AFP | Getty ImagesThe boom in corporate investment into artificial intelligence infrastructure still has some way to go as large language models are continuing to evolve, according to the CEO of Foxconn, a key supplier to Apple.Speaking with CNBC’s Emily Tan, Chief Executive and Chairman of Foxconn Young Liu, said that the AI boom “still has some time to go” as advanced language models from the likes of OpenAI are becoming increasingly intelligent with each new iteration that…

A US federal judge has ruled that Google must allow Android apps made by rival technology firms onto its Google Play app store for three years starting next month.The change was among several remedies ordered by Judge James Donato in a case brought against Google by Epic Games, the maker of the hit video game Fortnite.Google says it will appeal against the decision and ask for a pause to the proposed remedies.In December, a jury sided with Epic, which says Google stifled competitors by controlling the distribution of apps and payments on Android phones.”The changes would put consumers’ privacy and…

Prince Harry reportedly wants some “space” from Meghan Markle, and not surprisingly, the situation has sparked divorce rumors. Harry has been doing some traveling in recent weeks. And while Meghan usually joins him on his international trips, this time the Duke of Sussex was rolling solo. In the past month, Harry visited New York City, London, and Lesotho, all without Meghan by his side. Prince Harry, Duke of Sussex and Meghan, Duchess of Sussex arrive at the United Nations Headquarters on July 18, 2022 in New York City. (Photo by Michael M. Santiago/Getty Images) Harry Takes ‘Space’ From Meghan Amid…

Set against a backdrop of towering palm trees and sun-soaked sandy beaches, Palm Beach, Florida, has attracted people the world over since its first resorts were built in the early 1900s. Today, it stands as a destination for bustling restaurants, designer stores, immersive art galleries and a beautiful mix of Mediterranean-inspired architecture. “It’s a glue trap,” says Kourtney Pulitzer, senior global real estate advisor at Sotheby’s International Realty — Palm Beach Brokerage. “People come for the weather, but they really stay for the lifestyle.” Pulitzer, who has more than 25 years of experience across several industries, has made Palm Beach…

Jennifer Ann Crecente, a high school girl murdered in 2006, recently reappeared as a chatbot on Character.ai.Her father told BI that he discovered the bot on Wednesday — he never gave consent to use her likeness.The bot was removed, but its existence raises ethical consequences about AI. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking “unsubscribe” at the bottom of the…

Campaign that began in 2023 in Belgium, Germany and the Netherlands expanded to include France, Italy and Spain.Interpol and police in six European countries are reopening investigations into the cases of 46 women who were murdered or died under suspicious circumstances in an effort to identify their remains, the international police agency has said. “We want to … bring answers to families and deliver justice to the victims,” Interpol Secretary-General Jurgen Stock said in a statement on Tuesday. The initiative builds on Interpol’s 2023 “Identify Me” appeal to identify 22 deceased women, which drew some 1,800 tips from the public…

Us Weekly has affiliate partnerships. We receive compensation when you click on a link and make a purchase. Learn more! Girl math is realizing that for the price of one high-end shirt at an expensive fashion boutique, you can get probably 5 tops just like it on Amazon. The major retailer is filled with expensive and boutique-looking pieces that make it easy to stay stylish and remain within budget too. We rounded up our 17 favorite of these styles — and they’re all under just $30 on Amazon. Get your wardrobe fall-ready this season with our lineup of boutique-style blouses!…

These new pendings prices rose by 1.25% this week, to $395,000 and are 5% greater than a year ago. In the last two years, when October had sharply higher mortgage rates, home sales were tanking and prices were dropping. The opposite is happening now. I don’t expect this to continue. But, this is a stronger signal than I expected for resilience of the homebuyer. This is the price point people are buying. This recent trend implies that the yearly home price appreciation has a little more room than we’ve been expecting. The median price of all the homes on the…

Apple CEO Tim Cook gestures during the annual developer conference event at the company’s headquarters in Cupertino, California, U.S., June 10, 2024. Carlos Barria | ReutersApple could launch a connected ring to rival Samsung by 2026, according to CCS Insight, adding to the U.S. tech giant’s focus on health.The call is part of CCS Insight’s annual predictions report and if it came true, it would be the first new product from the Cupertino giant since the Apple Vision Pro headset launched this year.”Health has become a fundamental pillar for Apple. In fact, I would go so far as to say, at…