Search results for U.S. Census Bureau
Crypto
U.S. homebuyers can use bitcoin as collateral for mortgage as Better, Coinbase launch product
A new mortgage product in the United States allows homebuyers to use bitcoin to fund a down payment without selling it. Better Mortgage, part of Better Home Finance, and Coinbase opened the product to retail customers. Borrowers must pledge bitcoin worth at least 250 percent of the down payment loan and repay both loans monthly. Late payments of more than 60 days can trigger liquidation of the collateral.
AI & Enterprise
AI was meant to curb prices, but rising costs before productivity gains pose policy challenge for Fed
Silicon Valley figures have predicted AI would lift productivity and cut costs, bringing deflation. An analysis says reality is different. While company adoption is slower than expected, trillion-dollar investment in data centres and AI infrastructure is creating supply chain bottlenecks and pushing up power and equipment prices. Economists and executives say measurable productivity gains may take time. Fed officials are split, as rising electricity and related costs add inflation pressure.
AI & Enterprise
Experience is a weapon, AI a variable as U.S. baby boomers face re-employment dilemma
As generative AI spreads, senior U.S. white-collar workers are increasingly debating whether to learn AI to protect their jobs or choose early retirement. Baby boomers say experience is being revalued, but fear they could be pushed out if they cannot keep pace with adoption. Surveys show a wide generational gap in ChatGPT use, while the share of older workers has risen. Some experts say AI may favor job stability for older workers, yet new tools and hiring demands add pressure.
