Threads Has a ‘Richard Has Passed’ Problem

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If there is one standout Threads meme, it’s: “This is Richard’s wife. He has passed.” It’s not a joke from some clever user; it was a real, grieving widow who apparently logged onto her husband’s account back in December to announce that he’d died. Somehow, the post got picked up by the Threads algorithm, which […]

Prediction markets bring risks, opportunity for munis

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The muni market is confronting questions about prediction markets, like Kalshi, as innovation proceeds in tandem with litigation.Bloomberg News When Kalshi started taking bets on whether the unfunded liability of Illinois’ five pension systems will top $145 billion this year, it was the latest signal that the municipal bond market won’t be able to ignore […]

Traders May Want to Unite Behind This Healthcare ETF

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In arguably quiet fashion, the healthcare sector is racing higher. Over the 90 days ending July 7, the largest basic healthcare ETF surged 12.41%. Shares of Dow component UnitedHealth Group Inc. (UNH) were even better over that span, surging 52%. Fortunately for aggressive traders, the health insurance giant can be livened up with the Direxion […]

Exchange of letters between the Governor and the Chancellor regarding CPI Inflation – April 2026

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Exchange of letters between the Governor and the Chancellor

Fed Officials Were Split on Interest Rate Direction at Last Meeting

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At its meeting in June, Federal Reserve officials were split about the future of interest rates, with policymakers talking about scenarios in either direction, according to meeting minutes released Wednesday. In new Fed Chair Kevin Warsh’s first meeting June 16-17, Federal Open Market Committee participants saw outcomes where inflation could ease and allow lower rates, […]

Nium Acquires Cypher to Bridge Fiat and Crypto

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Nium has acquired Cypher to further develop Nium as the core infrastructure layer for compliant money movement and value exchange that bridges fiat and digital assets. The acquisition brings together Nium’s cross-border payments infrastructure and Cypher’s crypto-native non-custodial wallet and issuing capabilities, Nium said in a Wednesday (July 8) press release. The combination will help […]

Platner quits Maine Senate race, reshuffling midterm elections

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Graham Platner, Democratic US Senate candidate for Maine, during a primary election night event at the Blue Hill YMCA in Blue Hill, Maine, US, on Tuesday, June 9, 2026. Graeme Sloan | Bloomberg | Getty Images Democratic Maine Senate nominee Graham Platner said he intends to exit the race on Wednesday after a woman accused […]

Ceasefire collapse is reinforcing the higher-for-longer rate case, economist says

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Odeta Kushi (pictured top), deputy chief economist at First American, said the latest flare-up fits a pattern she and her colleagues had already accounted for. Even if there is some volatility day-to-day, the overall pattern seems to be for elevated rates. “I think you can see some zigzag, but my baseline expectation is more of […]

Low birth rate risks creating U.S. housing glut over coming decade

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For the past decade, scarcity was the U.S. housing industry’s most powerful marketing tool. The less there was to buy, the greater the urgency to keep bidding, even as prices hit record highs.

NYC office conversions face scrutiny after Pfizer HQ incident

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NYC office conversions face scrutiny after Pfizer HQ incident Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 39 minutes ago Latest