New policy impact may ignite a manufactured housing blue-sky era
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RBC names co-CEOs to lead its European arm
RBC framed the move as part of a push to speed up growth across its European businesses. The bank runs three business lines in the region, spanning asset management, capital markets and wealth management, and said it wants the units to work more closely together to win market share. RBC pointed to its acquisition of Brewin Dolphin…
401(k) Real Talk Episode 200: July 8, 2026
Welcome to this week’s edition of 401(k) Real Talk, where Fred Barstein, contributing editor for Wealth Management’s RPA channel, reviews all of last week’s industry news and selects the five most important/interesting stories. Worth Reading: Read the full raw transcript below: Greetings & a warm welcome to this week’s edition of 401k Real Talk. This…
Big Tech Doubles Down on AI Infrastructure
The five companies spending the most on artificial intelligence (AI) data centers in the United States doubled their debt load over the past five years to finance their efforts, Bloomberg reported Friday (July 10). In total, Alphabet, Amazon, Meta, Microsoft and Oracle added about $350 billion to their debt obligations, according to the report. This marks a change for the software industry,…
Oracle Stock Plummeted by 25% in the First Half of 2026, and This Dire AI Warning Might Be Why
Oracle (ORCL 1.56%) was founded as a software company in 1977, before transitioning first to cloud computing and later to artificial intelligence (AI) infrastructure. It operates some of the fastest and most cost-efficient AI data centers in the world, and its order backlog suggests demand is through the roof. Nevertheless, Oracle stock plummeted by 25%…
Finance is not prepared for the coming wave of value destruction
Key insight: Just as internet connectivity destroyed the market for long-distance telephone service, blockchain technology is going to make high-margin transactions, like cross-border funds transfers, dirt cheap. Supporting data: $50 international wire transfers are about to be replaced with transactions that cost under $0.05. Forward look: Established players should brace themselves. When you pitch a…
Celebrity Deaths in 2026: All the Stars Who Died This Year
The Rev. Jesse Jackson was a leader of the Civil Rights Movement, a minister, and an activist icon who twice ran for president. Born on October 8, 1941, in Greenville, South Carolina, Jackson experienced Jim Crow segregation on public buses and at school firsthand. It would shape the rest of his life. His fight for…
