TIM Participacoes earnings missed by $0.01, revenue topped estimates

Some of the biggest U.S. banks are exploring a deal that could reshape the economics of debit cards, reopen one of payments’ fiercest policy fights and give large issuers a way around federal fee limits they have opposed for more than a decade. The Wall Street Journal reported Monday (July 6) that JPMorgan Chase, Bank…

As the market shifts, speed and precision matter.   During the “Working Smarter, Not Harder” panel at the 2026 Velocity conference in New Orleans, panelists dove into how new tech and AI-powered services are helping agents and lenders uncover qualified leads faster, automate repetitive workflows, and reduce both onboarding time and days on market.  Attendees learned how predictive analytics, automated outreach, and intelligent data tools…

Billionaires’ Row continues to grow as a premier office destination as a new tenant seeks to move up from Lower Manhattan. Anchorage Capital Advisors, an investment firm with more than $27.8 billion in assets under management, has signed a 10-year, 20,560-square-foot lease at Alchemy-ABR Investment Partners and Cain International’s 125 West 57th Street, the landlords…

Research from Savills has identified the most affordable UK cities for first-time buyers, with Stoke-on-Trent, Hull and Milton Keynes ranking among the top locations where property prices remain significantly below London levels. The analysis, which examined property affordability, rent-to-income ratios, and sales price-to-income ratios, comes as average deposits for first homes in Greater London have…

Electrification ETFs, commodities, and the line between investing and speculation were at the center of this week’s ETF Prime. Host Nate Geraci welcomed Paul Baiocchi, head of fund sales and strategy at SS&C ALPS Advisors, and Dave Nadig of ETF.com. Key Takeaways: Electricity demand is growing 5% to 8% annually, making electrification ETFs a key…

Mayor Zohran Mamdani describes new CEO Anthony Shorris and Chair Lina Khan as a “dream team” atop the EDC, but they are also an odd pairing. A mild-mannered McKinsey & Co. partner and firebrand ex-Federal Trade Commission chair aren’t the typical duo to hold the reins of the city’s most powerful business agency and its…