Better mortgage spreads are still keeping home sales positive
Somewhere in most 1031 exchanges, the advisor hits a fork. The client has an appreciated rental or a small commercial building, a gain large enough that a straight sale would hand close to a third of it to the IRS, and a growing sense that they are done being a landlord. They have 45 days…
The furor over Sony’s decision to stop producing physical PlayStation discs starting in 2028 is not letting up. The gaming giant said earlier this month that it would cease making discs for new games on its consoles due to consumer preferences shifting toward digital releases. A post from Sony last week announcing the news on…
The World Cup is delivering drama, controversy, and halftime entertainment straight out of science fiction. Sunday’s showdown between Brazil and Norway featured a surreal cameo from Atlas, the humanoid robot built by US robotics firm Boston Dynamics. The ultra-flexible robotic biped kicked off the second half of the game, which Norway won 2-0, by handing…
So the Australian argument holds in the US. It just needs a different starting point. What Harvard found The Harvard JCHS report is the most authoritative annual measure of US housing affordability, and the 2025 findings are stark. Monthly mortgage payments on the median-priced home – assuming a 30-year loan with a 3.5% down payment…
Sometimes JPMorgan executives receive emails from a colleague who signs off in all caps: JACK. JACK, however, isn’t one person. It’s the shared identity of John China and Andrew Kresse, who co-lead the bank’s Innovation Economy team for founders and venture capital firms. The nickname started as a practical solution, Kresse told Business Insider. “People…
“Look, technology has made rapid strides, and football is becoming more and more tactical. It’s not easy these days to score at will.”Diego Forlán. Trading is complex and moves fast under market conditions that can change from one moment to the next. Few situations come close to the level of pressure that traders face on…