Warsh defends ethics record, AI productivity boom in tense Senate hearing

Utah’s Security Home Mortgage and its parent company, Capital Community Bank, announced a strategic rebranding of their businesses to unify the financial institution under a single identity.  Processing Content Beginning Aug. 17, the businesses will be known as Accordia Mortgage and Accordia Bank. Corporate leaders said the decision was driven by the company’s growth and…

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…

Oil prices settled at their highest levels in more than two weeks on Wednesday, then extended their gains in after-hours trading after the U.S. military said it launched additional strikes on Iran.

Foreclosure inquiries have increased for the third consecutive quarter, reaching their highest point since March 2020, according to LegalShield data. Historically, actual foreclosure filings tend to follow this index by one to two quarters. LegalShield attributes this rise to the conclusion of pandemic-related Federal Housing Administration (FHA) relief programs last fall. Borrowers who lost these…

by Calculated Risk on 1/09/2026 09:20:00 AM The headline jobs number in the December employment report was slightly below expectations, however October and November were revised down by 76,000. The unemployment rate decreased to 4.4%. Prime (25 to 54 Years Old) Participation Since the overall participation rate is impacted by both cyclical (recession) and demographic…

It’s the British dream to become a homeowner, but for many young people it’s just that – a dream. The average house price in the UK now sits at around £300,000, but if you have your heart set on the capital then it’s more like £550,000. So, if you’re fledging, you will need to cough…