Some market participants have raised concerns that the improved efficiency of DeepSeek’s artificial intelligence model could reduce demand for data centers that house hardware and energy resources.
Former FDIC board member Jonathan McKernan has been nominated to head the CFPB. Meanwhile a new acting director shut down all agency activities, spurring staff protests and lawsuits.
The rising homeowner insurance crisis could make getting affordable coverage or getting coverage at all difficult in some parts of the country and, by extension, make properties in those areas unmortgageable.