MediaCatalyst

1282 Posts
07 Sep

Mortgage rates see biggest one-day drop in over a year

MediaCatalystWorld
Mortgage rates see biggest one-day drop in over a year Rates are finally breaking out of the high 6% range, where they've been stuck for months . The average rate on the 30-year fixed mortgage dropped 16 basis points to 6.29% on Friday . It marks the lowest rate since Oct. 3 and the biggest one-day drop since August 2024 . Read full story: Source
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07 Sep

Anthropic agrees to pay $1.5 billion to settle authors’ copyright lawsuit

MediaCatalystTech
Anthropic agrees to pay $1.5 billion to settle authors' copyright lawsuit AI startup Anthropic agrees to pay at least $1.5 billion to settle a class action lawsuit with authors . The lawsuit was filed last year by authors Andrea Bartz, Charles Graeber and Kirk Wallace Johnson . Anthropic will pay roughly $3,000 per book plus interest, and destroy the datasets containing the allegedly pirated material . Read full story: Source
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07 Sep

Self-made millionaire money coach: ‘I could buy a house in cash today’—why I rent instead

MediaCatalystTech
Self-made millionaire money coach: 'I could buy a house in cash today'—why I rent instead "I could buy a house in cash today," Joy wrote in a recent article for Bankrate . "But for the last three years, I've chosen to rent instead." For now at least, Joy says renting is cheaper, more flexible and more compatible with her lifestyle, all making it a better fit than life in a too-big house or as an intermittent landlord. "In 2021, when we grew our first million dollars of net worth — that's when we first started to think about downsizing and…
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07 Sep

7 traits of highly successful people like Taylor Swift—they don’t ‘dabble in things that aren’t important’ to them: Harvard-trained expert

MediaCatalystTech
7 traits of highly successful people like Taylor Swift—they don't 'dabble in things that aren't important' to them: Harvard-trained expert At Harvard, I started to think about Swift's journey through a professional lens. I was driven by one key question: How do seemingly normal people do extraordinary things? How do they become these ultra-successful unicorns? I left my job as an aerospace engineer and human spaceflight designer at NASA to pursue an MBA at Harvard University, a shift that ultimately led to my current path as an economist and investor. As with many of her fans, Taylor Swift and her…
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07 Sep

18-year-old CEO learned to code at age 7—now he has a $1.4 million-a-month AI app

MediaCatalystTech
18-year-old CEO learned to code at age 7—now he has a $1.4 million-a-month AI app Like millions of fellow 18-year-olds across the U.S., Zach Yadegari spent his summer preparing for college. Unlike most other freshmen, Yadegari doubts he'll linger in academia for very long. He's the co-founder and CEO of Cal AI, a calorie-tracking mobile app he launched from his parents' home in Roslyn, New York, in May 2024 — and the app's success to date makes him think he'll take it full-time well before his class' graduation date, he says. Cal AI's users upload a photo of their food,…
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07 Sep

AppLovin and Robinhood added to S&P 500

MediaCatalystBusiness
AppLovin and Robinhood added to S&P 500 Shares of AppLovin and Robinhood Markets each jumped about 7% in extended trading on Friday . The two will join the S&P 500 index . The changes will go into effect before the beginning of trading on Sept. 22 . Short-seller Fuzzy Panda Research advised the committee for the large-cap U.S. Read full story: Source
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