Agency mortgage-backed securities issuance activity in June was hampered by a decline in refinance volumes, although for the full second quarter it was up over the previous period, a report from BTIG said. Processing Content The industry had a 3% decline in agency issuances to $118.5 billion. But for the companies BTIG covers — loanDepot, […]
Monetary Policy Summary, April 2026 At its meeting ending on 29 April 2026, the Monetary Policy Committee (MPC) voted by a majority of 8–1 to maintain Bank Rate at 3.75%. One member voted to increase Bank Rate by 0.25 percentage points, to 4%. The conflict in the Middle East means that prospects for global energy […]
Shares of Broadcom (AVGO +5.00%) were among the losers last month, tumbling after its second-quarter earnings at the beginning of June despite solid results. The company’s AI revenue, while strong, fell short of estimates, and management acknowledged that Google, a major customer, was diversifying its sourcing for custom chips, or ASICs. As a result, the […]
The building at the center of this week’s Midtown scare is the former Pfizer world headquarters at 235 East 42nd Street: a 33-story tower built in 1960 that, alongside its neighbor at 219 East 42nd, is being converted by Metro Loft and David Werner Real Estate Investments into roughly 1,600 apartments, the largest office-to-residential conversion […]
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways If no one can name who authorized a rule or why it exists, it’s probably not a real policy — it’s a habit wearing a costume. Kill it. Each extra approval or check costs a minute. Multiply across every employee, every week, and you’re paying […]
The income tax return (ITR) filing deadline is nearly three weeks away and many taxpayers have started gathering documents and identifying deductions they can claim to lower their tax liability. One such provision under Section 80D of the Income-tax Act is the deduction available for preventive health checkups. These routine medical visits not only help […]
The largest bank of India in terms of market value, HDFC Bank, has trimmed its Marginal Cost of Funds-based Lending Rates (MCLR) by 5 basis points on several tenures. This will impact home loans, personal loans and car loans’ EMIs linked to MCLR. The new rates have come into effect from July 7, 2026. HDFC […]
Wall Street expects President Donald Trump’s call that the Iran cease-fire is over will hurt airlines and home builders more than it will help oil companies.
While a prenuptial agreement is often misunderstood as a document that anticipates divorce, it should be viewed as a thoughtful plan created when two people who love and trust each other are openly communicating and making collective decisions about their future. A carefully drafted prenup protects more than financial assets—it protects expectations and minimizes uncertainty. […]
At the deep end: FX HedgePool’s struggle to stay afloat – Risk.net Skip to main content End of drawer navigation content Lack of offsetting flow, tech bottlenecks and higher-than-expected costs weighed on start-up’s growth Buying FX HedgePool in 2024 must have seemed like a good idea to LMAX Group. The foreign exchange swaps matching platform […]