Socioeconomics

New York - Wall Street - Washington

Washington DC Sues Landlords and RealPage Over Alleged Rent-Fixing

When Algorithms Collide: Washington, DC Sues Landlords, RealPage in Alleged Rent-Fixing Scheme Antitrust issues related to the use of algorithms are beginning to shake up the real estate industry. Washington, DC Attorney General Brian Schwalb has filed a lawsuit against property management software maker RealPage and 14 commercial landlords, accusing them of colluding to raise […]

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Populism in the 21st Century: Economic and Societal Repercussions

Another Month, Another Potential Government Shutdown

Key Points: The U.S. House of Representatives has elected a new speaker, Mike Johnson, a Republican from Louisiana. While this may seem like good news, Johnson comes with some controversial baggage. He is known for being a creationist and for his involvement in efforts to overturn the 2020 presidential election. Despite this, Johnson has promised

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Microsoft's Inappropriate AI-Generated Poll

The Fallout from Microsoft’s Inappropriate AI-Generated Poll

The Guardian newspaper has submitted a complaint to Microsoft regarding an inappropriate AI-generated poll featured next to one of their articles. The poll asked readers to vote on what they believed caused the death of a 21-year-old woman who was found dead with severe head wounds at a school in Australia. The Guardian’s parent company,

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New York - Wall Street - Washington

Low Deal Flow Leads to Lower Year-End Bonuses for Wall Street

In a not-so-happy turn of events for Wall Street bankers, it looks like their year-end holiday bonuses will be less than stellar this year. The year has been marked by slower deal flow, especially in the equity capital markets (ECM), leaving bankers with lower-than-expected compensation packages. Bonus Points For ECM bankers, 2023 has been a

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