The mortgage market accepted the Bank of England’s decision to hold base rate at 3.75% today, but said future rises were inevitable. The decision to pause base rate came as the Monetary Policy Committee (MPC) decided it was necessary to keep inflation under control. The MPC voted by a majority of 6–3 to maintain base […]
Dune says it is one of Europe’s first companies to receive stablecoin payments through Stripe. The new integration means Dune’s enterprise customers can now pay for data products and application programming interfaces (APIs) in stablecoins, processed directly via Stripe’s payment infrastructure, the blockchain-focused data platform said Thursday (July 30). “Stablecoins are no longer an experiment. […]
Municipal Securities Rulemaking Board CEO Mark Kim The Municipal Securities Rulemaking Board on Wednesday announced the names of four new board members – Jonathan Fiebach, David Womack, Elizabeth Coolidge and Jeff White – each of whom has been elected to serve a four-year term beginning on Oct. 1. Processing Content The new members slated to […]
UAD 3.6, Reverse, AI, Co-Issue Products; Freddie Clocks in at $3.8 Billion; Morgan Stanley Did What in Mortgages? I was recently doing some bike riding in the Napa Valley and spent some time speaking with a wine maker. She told me that because of the increase in temperatures, growers are buying land to […]
Actor George Clooney and wife Amal were forced to evacuate their home in France due to the ongoing wildfires breaking out across Europe. George, 65, Amal, 48, and their 9-year-old twins, Alexander and Ella, live in the town of Brignoles in the Provence-Alpes-Côte d’Azur region of southeastern France. The family’s farmhouse is located in one […]
Massive quantities of undeclared uranium have been extracted and exported from the Democratic Republic of the Congo (DRC) over the last two decades, bypassing international nuclear safeguards, a new report alleges. The study published in the journal Nature Communications by researchers from the University of Wisconsin–Madison and Princeton University estimates that between 2,000 and 5,000 […]
Ahead of sentencing next month for orchestrating a $13 million Ponzi scheme, Josh Schuster says he’s no longer the same person who deceived and stole from his friends and investors. Since bottoming out from drug and alcohol addiction four years ago, the disgraced developer says he’s gotten sober and gained perspective through volunteer work. He’s […]
Group 1 Q2 2026 slides: Atlanta expansion amid earnings miss
A coding company just bought a texting agent. An image generator bought a horoscope app. If you had “Midjourney acquires astrology startup” on your artificial intelligence bingo card this year, congratulations; nobody did. Cognition Bought a Texting Agent The two deals landed within days of each other. Cognition, the startup behind autonomous coding agent Devin, […]
This post was originally published on this site. $64 billion to be freed up to support Main Street lending95% of community banks are eligible for CBLR framework WASHINGTON—The Office of the Comptroller of the Currency today issued a revised compliance guide for the community bank leverage ratio (CBLR) framework as part of its ongoing work […]