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• The Fed has curbed inflation without causing a recession, Goldman Sachs' chief US economist said. 
• There's "a lot of signs that inflation will fall quite a bit further," David Mericle said.
• The Fed could make its first cut to interest rates by the second quarter of 2024, he said.

The Federal Reserve appears to have beaten back inflation

• Stocks could crash nearly 50% as a severe recession sets in, Milton Berg has warned.
• The veteran technical analyst flagged investor complacency and more banking woes as risk factors.
• Berg expects the S&P 500 to plunge below its level in October and approach its pandemic lows.

The S&P 500 could crash nearly 50% as the US economy sinks into a severe recession, a

• Elon Musk's biographer set the record straight on whether Errol Musk ever owned an emerald mine. 
• Walter Isaacson spoke to Musk's father Errol, who told him he exchanged a plane for emeralds. 
• Errol never owned a mine, but imported emeralds into South Africa and had them cut in Johannesburg.

It's long been speculated that Elon Musk's father, Errol Musk

• A Ukrainian flag attached to helium balloons flew into occupied territory, Kyiv's military said.
• Russian soldiers tried to shoot it down but revealed their firing positions, an official said.
• Ukraine was able to use this information to launch an attack on the

Sony has launched the "Aibo Foster Parent" program for its $2,900 robot dogs, allowing owners whose basic plans have been canceled to donate them. The company will then refurbish the Aibos as necessary and donate them to medical facilities, foster homes and other organizations. The aim is to "make Aibo more sustainable," the company said, by giving the units a second home where they can provide

Our experts answer readers' banking questions and write unbiased product reviews (here's how we assess banking products). In some cases, we receive a commission from our partners; however, our opinions are our own. Terms apply to offers listed on this page.

Banks are fighting for customer dollars right now, and people with cash to spare are well-positioned to benefit from a high rate environment

• Wall Street Journal report says Meta is developing an AI model designed to compete with GPT-4.
• It's expected to be much more powerful than Llama 2, the open-source AI that Meta recently released.
• The move signals that the AI arms race is heating up as Meta attempts to catch up

• Employers have unique ways of telling how full their offices are.
• There's more interest now that more bosses are calling their workers back to the office.
• From office-style radar to measuring the flavored water, the metrics are revealing.

As more companies push return-to

• A former ferry house just outside of London is on the market for $2.8 million. 
• The property was converted into a four-bedroom home with a private mooring.
• The home was made famous by Charles Dickens' classic novel, "Oliver Twist."

A former ferry house just outside of London is on the market for £2.25 million, or around $2.8 million.

• A Ryanair passenger fell down the aircraft steps while disembarking and broke her leg, per El Periódico.
• The budget airline has been ordered to pay her $33,000 in compensation.
• The judge's decision said the plane staircase "was especially narrow and steep."

Ryanair has been ordered to pay a passenger $33,000 after

Our experts answer readers' home-buying questions and write unbiased product reviews (here's how we assess mortgages). In some cases, we receive a commission from our partners; however, our opinions are our own.

Average 30-year mortgage rates have inched down 11 basis points from where they peaked in late August, according to Freddie Mac. But whether they'll continue trending downward depends on