Using Retirement Savings for a Down Payment Could be ‘Financial Boon’

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Federal policymakers have been debating whether Americans should be able to pull money from their retirement accounts in order to afford a downpayment on a new home. While financial experts have cautioned against the idea, two studies released this month point to potential benefits. As it stands, homeowners can take out a loan on their […]

Bank of Canada sets 2027 interest rate announcement dates

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The central bank has announced the dates for next year’s policy decisions and quarterly Monetary Policy Reports.

Trustee seeks to foreclose $34.4M CMBS loan after alleged first-payment default

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The loan did not stay with the original lender. The trustee says it was assigned into the trust effective May 20, 2026, the securitization step that places a loan into a CMBS pool.  The filing then sets out the alleged defaults. It says two of the loan’s guarantors filed for Chapter 11 bankruptcy in New Jersey on […]

Hawks Lorie Logan and Beth Hammack run the Fed for now 

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Hawks Lorie Logan and Beth Hammack run the Fed for now  Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 15 minutes ago Latest

Qualcomm’s stock falls as memory woes weigh on earnings

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The chip company came up short on its bottom line.

Microsoft CFO’s Internal Memo Tells Employees That Its Biggest AI Bets Are Paying Off

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Microsoft’s latest earnings were as much about reassurance as results. In a memo to employees after the company reported quarterly earnings, CFO Amy Hood pointed to Azure’s growth and Copilot’s momentum as evidence that Microsoft’s biggest AI bets are paying off, even as the company spends tens of billions of dollars to keep pace in […]

ASTEROID (44) NYSA MAY BE THE FIRST-KNOWN THREE-LOBED WORLD

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Previously unknown moon orbiting Nysa is also detected. FLAGSTAFF, Ariz., July 29, 2026 /PRNewswire/ — An international team of astronomers has uncovered striking new evidence that asteroid (44) Nysa, one of the brightest and largest asteroids with an enstatite-like (E-type) surface composition in the main belt, possesses an extraordinary three-lobed structure and is accompanied by […]

Divided Fed Holds Steady on Interest Rates in July Meeting

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Federal Reserve policymakers voted to hold interest rates steady at the July meeting, with three Federal Open Market Committee members voting against that decision and urging an increase instead, the central bank announced Wednesday. In announcing the 9-3 vote Wednesday afternoon, the Fed released this statement: “The Committee decided to maintain the target range for […]

US Federal Reserve makes rate decision

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The FOMC decision was not unanimous as Governors Hammack, Kashkari, and Logan voted in favour of a 25 basis point hike.  Personal consumption expenditures (PCE) inflation, a preferred inflation gague by the Fed, reached a three-year high of 4.1 per cent in May. Core PCE was 3.4 per cent for the month. The Fed’s target […]

Working From Home Could Soon Cost You an Extra $200 a Month

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A rental listing in Walnut Creek, CA, has sparked outrage amongst renters—thanks to its $200 monthly fee for tenants who work from home.  In an already suffocating housing market where tenants feel stretched to the brink, this particular landlord is charging $3,250 monthly rent (which reportedly covers utilities and Wi-Fi), then tacking on the $200 […]