A Federal Appeals Court Rejects Trump’s Bid to Revive H-1B Visa Fee

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President Donald Trump’s plans for H-1B visas are running into legal roadblocks. A federal appeals court on Friday refused to revive Trump’s $100,000 fee on new H-1B work visas, dealing another setback to the administration’s effort to dramatically raise the cost of hiring highly skilled foreign workers. The Boston-based 1st US Circuit Court of Appeals […]

SpaceX launches massive Starship rocket in first test flight since IPO

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The SpaceX Starship and Super Heavy v3 Booster lift off on its 13th test flight from the SpaceX launch complex in Starbase, Texas, U.S., July 24, 2026. Steve Nesius | Reuters SpaceX launched its massive Starship rocket Friday evening from its company town and launch facility in Starbase, Texas, in a 13th test flight and […]

Berkshire snaps up Taylor Morrison in $8.5B housing bet

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Berkshire is already a major player in residential real estate, owning Berkshire Hathaway HomeServices, one of the largest residential real estate brokerage franchise networks in the US, alongside Clayton Homes in the manufactured housing segment. The addition of a top-five site-built homebuilder deepens that footprint substantially.  Meanwhile, single-family housing starts have continued to slide even as […]

Would you take $65,000 today, or flip a coin for a chance to win $1.3 million?

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Your answer to this viral poll question probably says a lot about the state of your finances.

Mortgage Rates Recover Modestly From Long-Term Highs

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If you’re just tuning in, mortgage rates had a rough day yesterday on top of a rough week overall. The result was the highest 30yr fixed rate in over a year with our index moving up to 6.85%. As has been and continues to be the case, rate momentum has been strongly correlated with oil/gas […]

Edenred Upgrades Forecast Amid Early Gains

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Edenred, which provides digital solutions for employees, fleet managers and corporate payments across 44 countries, is seeing early results from its tech-heavy strategic plan Amplify 25-28, Edenred Chairman and CEO Bertrand Dumazy said in a Thursday (July 23) press release. Reporting Edenred’s first-half results, Dumazy said the company upgraded its EBITDA guidance to a decline of between […]

PrimeLending tempers mortgage expectations after Q2 loss

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PrimeLending narrowed recent losses from earlier this year, although current economic pressures have company leaders tempering near-term prospects for a boost in mortgage originations.  Processing Content Hilltop Holdings, the Dallas-based banking parent of PrimeLending, reported a second-quarter pre-tax loss of $2.02 million across its mortgage business. On an equivalent year-over-year basis, bottom-line numbers deteriorated noticeably […]

2 Tax Rules New Retirees Need to Know

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Throughout your working life, you’ll pay taxes on your income — and chances are good your employer will take care of helping you fulfill many of your obligations to the IRS. When you retire, your tax liability doesn’t disappear. But you’ll have to take control of learning the rules and follow them carefully to avoid […]

Tesla, SpaceX shares decline as Musk prepares for Starship test flight

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SpaceX founder Elon Musk addresses members of the media during a press conference announcing new developments of the Crew Dragon reusable spacecraft, at SpaceX headquarters in Hawthorne, California, Oct. 10, 2019. Philip Pacheco | Afp | Getty Images It was a rough week for Elon Musk. Tesla shares plunged 18% during the week to close […]

September rate hike odds surge as oil tops $100 a barrel

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At June’s FOMC meeting, nine of the 18 officials who submitted projections indicated the federal funds rate should finish 2026 above its current range, with the median year-end estimate rising to 3.8% from 3.4% in March. Warsh declined to submit an individual forecast.  September now the meeting mortgage professionals must watch Mortgage rates have moved […]