Rocket Lab (RKLB +0.43%) is on a roll — not that you could tell from the stock price. Shares of the tiny, U.S.- and New Zealand-based Space Exploration Technologies lookalike are down 32% so far this month. Last month, however, Rocket Lab got some great news from the folks down at NASA: two new contracts […]
“For Sale” signs have been popping up more often on homes that are owned by institutional investors in response to the recently enacted 21st Century ROAD to Housing Act, the most comprehensive housing reform package in decades. The law bans institutional investors from purchasing single-family homes. CNBC reported that the number of homes owned by […]
Todd Rosenberg’s Pebb Capital has purchased the Uno office building in South Beach, as boutique financial firms vie for outposts in Miami. The seven-story building features about 100,000 square feet of leasable space and 106 covered parking spots at 119 Washington Avenue, between First and Second streets, in the upscale South of Fifth neighborhood. SEE […]
That pushed June 2026 losses alone past $1.1 billion nationwide, according to the Insurance Bureau of Canada (IBC), drawing on CatIQ estimates. An updated loss figure for the Quebec event is expected from CatIQ on August 5. Over the last 20 years, flood and water-related insured losses have increased more than 300% compared with the previous […]
President Donald Trump’s nominee to run the Consumer Financial Protection Bureau told the Senate Banking Committee Thursday that he would not prejudge whether to pursue pending plans by the administration to fire most of CFPB’s remaining staff. Brian Johnson, an executive with Capital One, avoided directly answering questions from Democratic senators about whether the CFPB […]
Bonds Not Keen To Catch Falling Knives 2 Hours, 52 Min ago Bonds Not Keen To Catch Falling Knives Oil lurched higher again overnight which kept generalized pressure on the bond market and the Fed rate outlook. The nearness to long-term highs had traders feeling very reluctant to step in and “buy […]
OpenAI this week opened its Supply Co. merchandise store to the public, selling apparel and accessories once reserved for employees. The move follows a broader push by technology companies, including Nvidia, Apple and Palantir, to use premium merchandise to build community around their brands. It is the first time OpenAI has made its employee-only apparel […]
Mastercard said Thursday that it has expanded its virtual card platform, adding issuer-level security controls, wider embedded payments capabilities and a single connection point into its partner network. The enhancements to Mastercard In Control, the company’s virtual card number platform, are said to be intended to help enterprises, financial institutions and platforms run virtual card […]
Ford Motor Company (F -1.87%) has been on a tear recently. Shares of the Detroit auto giant have soared 28% over the past 12 months (as of July 21), outperforming the S&P 500 index. Investors might want to view this as an anomaly, though. The long-term trend is less encouraging. If you’d invested $10,000 in this […]
Silver prices fell more than 22 percent in the second quarter of 2026, as high volatility and macroeconomic pressures pulled the metal down from its earlier heights. However, top miners insulated their balance sheets by turning to production, driving record throughputs and strong operational execution. Following an explosive first quarter that saw the metal spike […]