Dollar Supported by Higher Crude Prices

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The dollar index (DXY00) is up by +0.06% today.  The dollar is slightly higher today as the escalation of hostilities between the US and Iran is boosting crude oil prices, which raises inflation expectations that could prompt the Fed to tighten monetary policy, a supportive factor for the dollar.  Higher T-note yields today have also […]

Why Marketing’s AI Progress Is Stalling at Scale

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Study of 500 US and UK marketing, creative and operations leaders finds fragmented workflows, limited visibility and disconnected systems are constraining AI value CORK, Ireland and NEW YORK, July 21, 2026 /PRNewswire/ — New research from Screendragon has identified the operational barriers preventing large enterprises and agencies from turning widespread AI adoption into sustained marketing […]

Bessent says U.S. could sanction China over AI model ‘theft’

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Scott Bessent, US treasury secretary, during the 2026 Reagan National Economic Forum at the Ronald Reagan Presidential Library in Simi Valley, California, US, on Friday, May 29, 2026. Caroline Brehman | Bloomberg | Getty Images U.S. Treasury Secretary Scott Bessent on Tuesday said the Trump administration will look into whether Chinese artificial intelligence models have […]

U.S. Apartment Demand Outpaces New Supply for First Time Since 2022

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U.S. apartment demand outpaced new supply over the past year for the first time since early 2022, Cushman & Wakefield said in its second-quarter 2026 U.S. Multifamily MarketBeat. Vacancy fell below 9% for the first time since 2024 and construction activity continued to retreat in Q2. Net absorption totaled 124,600 units during Q2, the fifth-highest […]

Sumsub Launches AI-Powered Trust Infrastructure to Unify Compliance Operations | LeapRate

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Sumsub has announced a shift in its business model, repositioning itself as what it calls the first AI-Powered Trust Infrastructure in the market. The move is designed to help its more than 4,000 global customers expand into new jurisdictions securely while simplifying risk decisioning, fraud detection and compliance. The company describes Trust Infrastructure as the […]

California Sues Five Cities for Failing to Comply with Housing Law

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California is suing five cities for repeatedly failing to plan for their share of housing, Gov. Gavin Newsom announced. KTLA reported that Attorney General Rob Bonta and the California Department of Housing and Community Development (HCD) filed lawsuits against Calexico, Costa Mesa, Half Moon Bay, Ridgecrest, and Turlock. The suits accuse each city of violating […]

Chime brings investing directly to its digital banking users

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Key insight: Chime is expanding its financial services offerings through adding a new direct investment feature to its app. What’s at stake: Investment products accessible through modernized fintech apps could compete with traditional banks and investment firms for new first-time investors. Expert quote: Investing is a natural progression for fintechs seeking to deepen relationships and […]

cBridge launches Markout Report to help brokers detect toxic flow before it hits P&L

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cBridge has introduced Markout Report, a new risk intelligence module that helps brokers detect potentially toxic flow, assess its financial impact and respond before repeated losses accumulate. The challenge many brokers face is catching toxic flow early enough – picking out the harmful trading patterns and turning them into consistent routing decisions. Markout Report addresses […]

Mamdani’s Pied-à-Terre Tax Updated After Comment Blitz

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The controversial pied-à-terre tax just got a batch of new updates from the Department of Finance. The Mamdani administration’s first effort to tax the rich raised plenty of questions and concerns from commenters, which the DOF sought to address across 12 pages of new text amendments released Monday.  The pied-à-terre tax still applies broadly to […]

New York Top Real Estate Deals: Monday, July 20

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There were 201 transactions totaling $452 million filed in New York City records filed from 4 p.m. on Friday, July 17 until 4 p.m. on Monday, July 20. 🏆Residential: The most expensive recorded home sale was in Greenwich Village, where a townhouse condo at 141 West 11th Street changed hands for $35 million. The seller […]