Mortgages in 47 seconds: Better’s new ChatGPT app targets lenders Rocket and UWM

Mortgages in 47 seconds: Better’s new ChatGPT app targets lenders Rocket and UWM

Vishal Garg, Better.com Source: Better.com The online mortgage platform Better has partnered with OpenAI to launch an app within ChatGPT that the companies said will dramatically reduce the time it takes to underwrite a mortgage or home equity loan, CNBC has learned exclusively. The app, announced by the firm later Thursday, takes Better’s mortgage engine…

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States led by New York expected to sue to block Trump’s latest tariffs, calling them an illegal end-run around Supreme Court

States led by New York expected to sue to block Trump’s latest tariffs, calling them an illegal end-run around Supreme Court

U.S. President Donald Trump and New York Attorney General Letitia James. Brian Snyder | David Dee Delgado | Reuters New York Attorney General Letitia James and the top prosecutors of 23 other states are planning to once again sue to block President Donald Trump‘s global tariff regime, just days after a landmark Supreme Court decision…

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Blackstone’s Gray: Market ‘noise’ fueled record redemptions from world’s largest private credit fund

Blackstone’s Gray: Market ‘noise’ fueled record redemptions from world’s largest private credit fund

Jon Gray, President and COO of Blackstone, speaks during the Axios BFD event in New York City, U.S., October 12, 2023. REUTERS/Brendan McDermid Brendan Mcdermid | Reuters Blackstone president Jon Gray on Tuesday defended the quality of loans within the firm’s flagship private credit fund after investors pulled nearly 8% from it in the last…

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Jamie Dimon says Trump’s $5 billion debanking lawsuit ‘has no merit’ but he’s sympathetic to concerns

Jamie Dimon says Trump’s $5 billion debanking lawsuit ‘has no merit’ but he’s sympathetic to concerns

President Donald Trump (L), and JP Morgan CEO, Jamie Dimon. Reuters JPMorgan Chase CEO Jamie Dimon said Monday that while President Donald Trump’s lawsuit seeking $5 billion in damages for shuttering his accounts was without merit, he sympathized with the president’s anger over the episode. Trump is accusing JPMorgan and others of closing his accounts…

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Here's an update on our 4th Industrial Revolution stocks and the rest of the portfolio

Here’s an update on our 4th Industrial Revolution stocks and the rest of the portfolio

On Friday, the CNBC Investing Club held its February Monthly Meeting, where Jim Cramer and Director of Portfolio Analysis ran through each stock in the portfolio. Jim put a special focus on the Club stocks within the artificial intelligence trade. He’s dubbed them the “Fourth Industrial Revolution stocks,” borrowing the term from Nvidia CEO Jensen…

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