The 8th pay commission is in the discussion phase before it releases its official recommendations on pay hikes, allowances, salary structure, and more. Constituted once a decade, this time, close to 1 crore beneficiaries — nearly 50 lakh central government employees and around to 65 lakh pensioners, including defence personnel and retirees — are set […]
The Refinance Index fell 2% for the week, though it remains 7% above year-ago levels. Rates reach another high The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($832,750 or less) rose to 6.69% from 6.65%, the highest reading since August 2025. “Mortgage rates reached another high point last week, with the […]
Newmark has secured a long-term property and project management assignment with leading institutional investor and developer 601W Companies, expanding the relationship through management of more than 21 million square feet of office assets across the U.S., including Chicago, New York, New Jersey and Los Angeles. Newmark secured the assignment through an effort led by Jesse […]
Resident taxpayers with foreign bank accounts, overseas shares, employee stock options (ESOPs) or other foreign assets must disclose them while filing their income tax returns (ITRs) for Assessment Year (AY) 2026-27. However, simply reporting these assets is not enough. Such taxpayers also need to convert their value into Indian rupees using a […]
The stock declined nearly 5% despite the energy company upgrading its guidance for 2026 revenue by $1 billion.
It’s been well documented and much lamented just how few ground-up residential units are being developed and constructed in New York City due to the limitations of 485-x, a 2-year-old state tax incentive that appears to guide most developers to a 99-unit limit on new multifamily buildings in much of the city in order for […]
Taiwan Semiconductor Manufacturing (TSM +5.67%) (TSMC) just reported blockbuster earnings, and yet the stock fell after the report. The chip fabricator is fielding explosive demand, and it’s investing in the build-out to meet it. However, the market is becoming more wary about high levels of spending on artificial intelligence (AI), which impacts Taiwan Semi from two […]
Senator Ron Wyden, a Democrat from Oregon, during a news conference at the US Capitol in Washington, DC, US, on Wednesday, June 17, 2026. Daniel Heuer | Bloomberg | Getty Images Sen. Ron Wyden, D-Ore., on Wednesday introduced a bill that would rein in President Donald Trump‘s broad tariff powers by eliminating some of his […]
In recent trading, shares of Replimune Group Inc (Symbol: REPL) have crossed above the average analyst 12-month target price of $10.67, changing hands for $11.00/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. […]
Investors are expressing more concern about slipping credit quality in the non-agency market, particularly due to how the loan packages are being handled. Processing Content Performance of non-QM mortgages has declined on a month-to-month basis on loans tracked by dv01, a unit of Fitch Ratings. The primary market is delivering incomplete loan files to the […]