Australia’s Federal Court has ordered ASX Limited to pay a A$20.5 million penalty after the exchange operator admitted making a misleading statement about the progress of its CHESS replacement project. The penalty follows ASX’s admission that a 10 February 2022 market announcement stating the project was “progressing well” was misleading. Just six weeks later, ASX […]
People don’t tend to listen much to a prime minister with only a few weeks left in office. But when Keir Starmer stood up last week and spoke at a BAE Systems site in Maidenhead, 30 miles west of London, the real estate sector pricked up its ears. Starmer announced a £15B increase in defence […]
Former Oversight Board Member Justin Peterson said recent U.S. Supreme Court rulings give President Trump the right to dismiss and appoint Puerto Rico Oversight Board members. Two recent U.S. Supreme Court decisions could transform the Oversight Board and thus the outcome of the Puerto Rico Electric Power Authority bankruptcy. Processing Content The decisions on Monday […]
A Democratic member of Congress is urging the federal government to examine the expanding “rent now, pay later” sector, expressing concern that Americans may not fully comprehend the associated fees and cost structures of these services as they gain popularity, according to a new release from The Associated Press. Rep. Maxwell Frost, D-Florida, addressed a […]
President Donald Trump said a bipartisan housing bill he has refused to sign was “fine,” seeming to suggest it could become law even as he has withheld his signature in a bid to secure a voter identification law he sees as a bigger priority. Processing Content “The housing bill is fine. There’s a lot of […]
Fix-and-flip performance in Q1 2026 came down to one key factor: how much room investors had between what they paid, what they spent and what they sold for. ATTOM put together a special analysis with Backflip to examine how deals actually penciled out across six major markets. By pairing average purchase and resale prices with […]
Floored: Basel III rethink upsets IRB dominance – Risk.net Skip to main content End of drawer navigation content Introduction of output floor means internal ratings’ popularity takes a hit, but isn’t quite out for the count For years, banks in the European Union have relied on credit risk models to calculate the bulk of their […]
The dream of homeownership remains a significant challenge for many Americans, particularly as the supply of affordable homes struggles to keep pace with demand. Prospective buyers often face a daunting market where available properties are simply out of their financial reach. This growing disparity is highlighted in the May 2026 Housing Mismatch Report, a collaborative […]