Morgan Stanley Investment Management and Opportunity Finance Network Announce Contribution to Support Affordable Housing Initiatives
Morgan Stanley Investment Management (MSIM) has made a significant financial commitment to support the Opportunity Finance Network (OFN)’s efforts to provide affordable housing opportunities for underserved communities across the United States, including the development and preservation of affordable rental units. These investments are important to address the affordable housing crisis and promote economic opportunity for low-income individuals and families.
Source: Opportunity Finance Network
Small Business Optimism Dips Amid Labor Quality and Inflation Concerns
Small business optimism is on the decline due to concerns over finding qualified workers and inflation. The NFIB’s Small Business Optimism Index fell 1.1 points to 89.0 in April, marking the 16th straight month that it has been below 98, which is its average over the past 49 years.
Source: Small Business Trends
OpenAI’s Sam Altman Approaches $100 Million in Funding for Worldcoin, The Crypto Project That Scans Your Irises to Prove You’re Not a Robot
OpenAI CEO Sam Altman is nearing $100 million in funding for the controversial project Worldcoin. Worldcoin plans to distribute cryptocurrency to incentivize users to use the iris scanning technology to identify people. Eventually, the plans are to use these tokens as a Universal Basic Income (UBI) when AI has taken over many jobs. There are concerns about privacy and ethics, as iris scanning raises questions about consent and surveillance.