Socioeconomics

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 …

Washington DC Sues Landlords and RealPage Over Alleged Rent-Fixing Read More »

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 …

Another Month, Another Potential Government Shutdown Read More »

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, …

The Fallout from Microsoft’s Inappropriate AI-Generated Poll Read More »

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 …

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