The Federal Reserve has opted to keep the Federal funds rate within the current range of 5.25 to 5.5%. Inflation has stubbornly remained above the 2% annual rate that the Federal Reserve set as its target level. Interest rates were at 3.3% for the month of May, remaining virtually unchanged from April, when it stood […]
AI is an exciting but disruptive technology. It’s newest disruption might be the information published during our upcoming elections. If you didn’t know, there is a Municipal Election this year. That includes a few districts and the office of Mayor. Expect to see a bunch of signs popping up in your neighborhoods. Add on top […]
The housing market is the least affordable it’s been in decades and politicians are looking for someone to blame. The latest target is large investors. While some large investors are negatively impacting our local Huntsville market, the problems go way beyond this. Lack of housing supply from tightening lending standards from the great recession, deficit […]
All of the standard metrics, including job numbers, unemployment, GDP, the stock market, and cooling inflation, indicate that our economy is moving in the right direction and at a much faster clip than any experts had previously predicted. In fact, a few short years ago, economists were almost unanimously predicting a severe economic crash as […]
Two Wednesday evenings a month, you will find J Langley on campus at HudsonAlpha — welcoming both regulars and newcomers to discuss all things AI. Langley, Chief Technical Officer at CohesionForce, Inc., is also the founder of Huntsville AI, LLC. The organization was created to democratize and share knowledge about emerging technologies in and around […]
The National Association of Realtors (NAR) has announced that rule changes to Realtor-affiliated Multiple Listing Service (MLS) are to be implemented by August 17. These rule changes are a part of a $418 million settlement, the final hearing of which is slated for November. The NAR also updated its extensive FAQ page, in order to […]
One of the key drivers to Huntsville’s recent success in being named the best city to live in the US has been attracting young people to relocate to Huntsville. Huntsville has historically made the list of best places to raise a family, but to continue to grow as a city, it had to find ways […]
“AI Talks” is a series from the Huntsville Business Journal on Artificial Intelligence and its applicability to the world of business. Each month, HBJ plans on bringing you interesting topics led by our contributing expert writer, Carl Holden. This has also introduced another “writer” to our journal: Artificial Intelligence itself. Using Chat Generative Pre-trained Transformer (ChatGPT), […]
While gig work is certainly not new, the expansion of gig platforms, such as DoorDash and Uber, has been staggering in the past five years. It’s no longer just rideshares or food delivery, though, as gig work now also includes assembling furniture, pet sitting, helping with residential moving, grocery shopping, and so much more. In […]
With interest rates hitting a two-decade high, many consumers across the Huntsville area wonder where rates are headed for the rest of 2024 and into 2025. Higher interest rates, along with higher prices have affected housing affordability where the median household income can no longer afford the median priced home in the Tennessee Valley. In […]
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