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Long-run opportunity for Euro area – Danske Bank

Danske Bank analysts highlight the newly finalised EU–India trade agreement, which will remove tariffs on over 90% of traded goods within seven years. India currently represents just 1.5% of Euro area exports but is projected to grow around 6.5% annually to 2030. The deal notably cuts car tariffs from 110%…

Pennsylvania men guilty in AI fraud scheme targeting Minnesota housing program

Two men from Pennsylvania admitted to repeatedly traveling from Philadelphia to Minneapolis in an effort to defraud Minnesota’s Housing Stabilization Services (HSS) program, prosecutors announced. The men allegedly defrauded approximately $3.5 million from the program and used artificial intelligence to create false records. The two men, identified as Anthony Waddell Jefferson, 37, and Lester Brown, 53, allegedly set up businesses in Minnesota and enrolled as HSS providers. The men were allegedly supposed to provide housing…

Finance news

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Business

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Mortgage affordability improves as White House points to Trump economic agenda

Mortgage affordability is at a four-year high after rates fell in January, with the White House touting President Donald Trump’s economic policies and maintaining his promise to “unlock” the opportunity of homeownership for American families. ICE Mortgage Technology’s February Mortgage Monitor Report showed that the mortgage rate declined in January…

Markets

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Elon Musk’s xAI loses another cofounder

One of xAI’s cofounders, Tony Wu, has left Elon Musk’s AI company.Wu said in a post on X on Tuesday that he has resigned from the company.”It’s time for my next chapter,” Wu wrote. “It is an era with full possibilities: a small team armed with AIs can move mountains…

Investing

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