Hello
everyone. This is your daily news briefing from chatter news.
Apartment rent growth is declining and that's a big win for tenants
new lease asking rents rose just under 2% in the last year.
That's down from the double digit increases from the last year.
This is the largest rent drop over any year in recent history.
That's according to data firm, co star group and rental software company real page.
Meanwhile,
an increasing number of small businesses are
worried about inflation and future business conditions.
That's all from the National Federation of independent Businesses.
A new survey says the number of small business
owners expecting businesses to improve declined in May.
While the share saying that inflation was their
most important problem for their business increased.
And A I video generation platform, Synthia has raised $90 million from investors.
The company telling CNBC that the funding
round which was led by venture capital firm
A cell and us chipmaker NVIDIA now puts the company's value at a billion dollars
and that's Chet news update. I'm Baker,
coming to you from Chet Studios in lower Manhattan.
Hello everyone. I'm Baker
with