New World Sells All Flats on Offer at Rebuilt Luxury Project
New World Development Co. sold out all the flats in the first phase of its Pavilia Farm III residential project in Hong Kong, according to the developer.
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Australia’s Victoria State Extends Public Transport Benefits
Travel on all public transport in the Australian state of Victoria will be free in May and then half price for the remainder of this year as the government ramps up help for consumers battling high fuel costs.
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New York City is floating a $500 million second-home tax — and it would hurt industries that support thousands of jobs
Surcharge on luxury units is a gamble that the ultrawealthy won’t leave for low-tax states.
Alex Imas on Why Economists Might Be Getting AI Wrong
Maybe it really is a threat to work.
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Odd Lots: Why Economists Might Be Getting AI Wrong (Podcast)
Everyone knows that new technologies can be really disruptive to the labor market, but eventually new jobs emerge and things come back into balance. And there is a sense in which many view AI with the same lens. Yes, there will be pain in some sectors, but then there will be productivity gains and new sources of demand and new opportunities for labor that we can’t conceive of yet. But could it be different this time? Could AI be disruptive in a manner that, say, the steam engine was not? On this
Trump Sees Iran Deal as Imminent, Nuclear Issue Remains in Limbo
President Donald Trump said a deal with Iran to end the seven-week war may be imminent though disagreements remain, with Tehran pushing back against US claims that it had agreed to give up its enriched uranium.