Julian Hebron

Homeowners who are selling cut prices on 27.4% of listings in July, and 37% of homebuilders cut prices by 5% in August.
Cracker Barrel tried to revive sales with a new logo and menu, but it backfired because nostalgia matters a lot with this brand
Meta’s Midjourney deal helps it match or beat OpenAI Sora, Black Forest Lab Flux, Google Veo. Midjourney CEO Holz says firm remains independent with no investors.
Business Insider highlights some employee perks and security features of JPMorgan Chase’s new fortress HQ building in NYC
Fed Chair Powell Finally Signals Rate Cuts. Mortgage Rates Down Already.
Downside risks to employment are rising. And if those risks materialize, they can do so quickly in the form of sharply higher layoffs and rising unemployment.
Brent Hinds, co-founder of acclaimed heavy metal group Mastodon who played with the group for 25 years, died tragically in a motorcycle accident. He was 51.
There are now 498 AI startups worth $1b+ with a combined value of $2.7t, with 100 formed since 2023. The 4 largest AI startups created 15+ billionaires worth $38b.

Fixed vs. variable rate mortgage dominance is why American home prices have stayed high vs. other countries during this high rate era.
In July, CFPB funding cut in half by Big Beautiful Bill. In August, court allows mass firings to resume.
America’s mobility is stalling, and it has economic consequences for everyone. Growing families can’t upgrade, empty-nesters can’t downsize, and when people can’t move for a job offer, they often earn less.
Treasury chief Scott Bessent says Fed Funds Rate should be 1.5% to 1.75% lower, predicts .5% cut Sept 17, teases up to 11 Powell replacements
Stephen Miran, chair of Trump's Council of Economic Advisors, nominated to open Fed governor role. How fast can he be confirmed and how long could he serve?

Investors universally disagree with firing head of crucial U.S. economic data provider. Here are some of their responses.
Doing what brings you personal fulfillment is another form of being rich: lessons from Quentin Tarantino, Jensen Huang, Arnold Scharzengger.

