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Linkage: Amazon Bank Is Already Here

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Linkage – Handpicked News

SoFi and Figure founder Mike Cagney on fintech bank charters and whether blockchain is viable (fortune.com)
A spike in gasoline prices was largely responsible for a 3.7% annual increase in the consumer price index for August 2023. And here's a single view of all the items comprising inflation as of August 2023 (cnbc.com)
23% of homebuyers under 30 used a cash gift from family for down payment, and another 21% used inheritance money. (redfin.com)
Americans' homes are worth more than ever, but home equity loans have plummeted as rising rates make them too expensive (axios.com)
Wealthy clients discussing investments with Morgan Stanley financial advisers can soon elect a chatbot listen in follow up with recommendations. How does it work? Will people be open to this? (reuters.com)
Goldman Sachs used to be a collective of hard-charging, never-sleeping, workaholic nerd assassins. Until it starts winning again, and its identity and place on Wall Street is unclear. (businessinsider.com)
Since March 2020, the interest rate on federal student loans was set to zero. That ends Sept. 1. Here’s how it’ll play out. (cnbc.com)
The move from crypto to artificial intelligence has fueled the markets this year, but some are questioning how much of it is real. Here’s Institutional Investor with details. (institutionalinvestor.com)
FTC approval conditions for ICE to acquire Black Knight require the merged entity to divest its Empower loan origination and Optimal Blue pricing engine businesses, and for the next 10 years, they'd need FTC approval before re-acquiring divested businesses. Here's the fine print on the FTC's deal approval. (ftc.gov)
In cities with empty downtowns and housing shortages, the obvious solution is converting offices. Here’s the kind of building that converts well, what incentives developers get, and pros explaining how the math works. (businessinsider.com)

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