3 Takeaways From Mamdani’s City-Run Grocery Stores — and 30% Discount

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Zohran Mamdani’s chain of city-run grocery stores — one of his most notable campaign promises — will offer kitchen staples at a steep discount. With crushing overhead costs, some local businesses may struggle to compete. The mayor said the stores will offer a 30% discount on the “most common and most critical groceries for families,” […]

Wacker Chemie raises full-year EBITDA guidance by 10%

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Wacker Chemie raises full-year EBITDA guidance by 10%

Home sellers are cutting prices as pipelines slow

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Buyers finally have leverage, but they aren’t using it, and that gap is now the central problem in purchase lending.  Processing Content The typical home sells below list price in 41 out of the U.S. largest metros according to Best Interest Financial’s analysis of Redfin data. Price-drop activity declined compared to the previous year in […]

Fannie Mae posts $4B profit as first-time buyers power purchase surge

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Purchase: $64.3B, $72.8B, $60.0B, $54.9B, $72.8B. Refinance: $19.8B, $17.6B, $36.8B, $43.8B, $38.4B. Purchase Refinance Q2 2026 mortgage acquisitions — households supported (~417,000 total) Purchase 201,000; Refinance 117,000; Rental 99,000. 117,000 Refinance  (28%) 55% of purchase borrowers were first-time homebuyers — approximately 110,000 households. Source: Fannie Mae Second Quarter 2026 Earnings Release and Form 10-Q, filed […]

NYC City Rent Hits a New High as Recent Grads Hit the Market

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A rude awakening could be awaiting this year’s college graduates heading to New York City for work. Realtor.com reported that they are looking at the most expensive rental market the city has posted since it began tracking that data in 2019. The median asking rent climbed to $3,707 in the second quarter of 2026, up […]

Foreign Buyers Spend Billions Less Than Last Year on U.S. Housing Market

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Foreign buyers are pulling back from the U.S. housing market, purchasing significantly fewer homes and spending less compared to a year ago as high prices and tight inventory cool demand. From April 2025 through March 2026, international buyers closed on 67,100 existing homes nationwide, down 14% year over year, marking the second-lowest transaction level since […]

Standardised RWAs bind JP Morgan’s CET1 ratio again

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Standardised RWAs bind JP Morgan’s CET1 ratio again – Risk.net Skip to main content End of drawer navigation content Bank was the last US G-Sib still bound by advanced CET1 calculation JP Morgan’s standardised capital calculation became binding for its Common Equity Tier 1 (CET1) ratio again in the second quarter, after the bank’s […]

Nomura weighs launching own stablecoin

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Nomura is weighing whether to issue its own stablecoin, as the Japanese bank deepens its push into digital asset markets. For now, it intends to use stablecoins rather than mint one – but it has left the door open to becoming an issuer as client demand and regulations evolve. “Depending on the use case, Nomura […]

Vernetzung spielt eine wichtige Rolle: Lehren aus der Weltmeisterschaft 2026, die Spanien für 2030 berücksichtigen sollte

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MADRID, 30. Juli 2026 /PRNewswire/ — Die FIFA-Weltmeisterschaft 2026 verwandelte Stadien, Flughäfen, Austragungsorte und Fanzonen in den USA, Kanada und Mexiko in bedeutende Testumgebungen für Telekommunikationsnetze. Die neue Studie von GSMA Intelligence „Weltmeisterschaft 2026: Sind die Netzbetreiber die entscheidenden Akteure?” beleuchtet die Rolle der Telekommunikationsbetreiber und zeigt auf, welche Lehren für zukünftige Turniere gezogen werden können. Laut GSMA […]

Emirates Rolls Out Cryptocurrency Payment Option Via Crypto.com Pay

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Emirates has activated a new digital payment pathway that lets qualifying customers settle flight bookings with cryptocurrency via Crypto.com Pay. The feature is now live on the airline’s website and mobile application, giving travellers an additional method beyond traditional cards and transfers. The service is restricted to eligible UAE residents and applies only to bookings […]