Earnings call transcript: LTIM Q1 2027 profit, AI momentum lift shares 4.7%

New for-sale listings reached 403,811 in June, up 3% from a year ago and reversing May’s annual decline, a sign, Zillow noted, that the shopping season retains some momentum. The typical US home value held at $372,057, up 1.1% annually and 0.7% from May alone. Homes took a median of 20 days to go pending, unchanged…

Microsoft is offering laid-off US employees up to 39 weeks’ base pay for most US employees, according to severance offers reviewed by Business Insider. Microsoft on Monday announced plans to lay off around 4,800 employees, or 2.1% of its global workforce, confirming Business Insider’s earlier report. The US severance package includes a minimum of 60…

After years of negative sentiment, the retail real estate market is finding itself in strong demand. In fact, 2026 is shaping up to be the most competitive market for retail real estate acquisitions in recent years, according to JLL’s 2026 U.S. Retail Thematic Outlook and Investor Survey. JLL found that 64% of retail investors surveyed…

Consumer credit rarely moves in a straight line, and May’s Federal Reserve data offered a reminder that one month’s pause can support more than one interpretation. After two months of brisk growth, revolving consumer credit, which includes credit card balances, declined at a 4.7% annualized rate in May, as Federal Reserve data indicated on Wednesday…

The U.S. Securities and Exchange Commission established joint data standards under the Financial Data Transparency Act of 2022. The final rule establishes technical standards for data submitted to certain financial regulatory agencies. Eight additional agencies have established or are expected to act on establishing the joint standards: the Board of Governors of the Federal Reserve…

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