For 44 years, this investor held aces in the long-bond game. He just folded.
Lacy Hunt’s about-face on long-term Treasurys marks the end of an era. Here’s what it means for your money.
Altman: AI Power Must Be Diffused to Prevent Hacks Like Hugging Face
Sam Altman says the Hugging Face hack was a stark reminder of why concentrating AI power in the hands of a few people or companies is a bad idea. In a Monday appearance on Y Combinator’s podcast, Altman told YC CEO Garry Tan that anyone who was not a little scared of or humbled by […]
UK Banking Customers Face Transfer and Payment Glitches
U.K. customers of banks and banking apps reported problems with transfers and payments Monday (July 27), according to multiple media reports. Among the organizations mentioned in one or more media reports were Barclays, Halifax, HSBC, Monzo, Lloyds and Revolut. PYMNTS found at 3:30 p.m. Eastern time that the Barclays service status page said, “Some of […]
The Stablecoin Sandwich Is Missing the Trust Layer
The stablecoin sandwich has become one of the most persuasive models for explaining how digital currencies like stablecoins can improve cross-border payments. The way the sandwich gets made is typically as follows: A business begins with fiat currency inside the regulated financial system. The money is converted into a stablecoin, transferred across a blockchain network […]
Merchants Capital Closes $160M Multi-Investor Tax Credit Fund
Merchants Capital announced the closing of Merchants Capital Tax Credit Equity Fund 31, a $160 million multi-investor fund with 10 institutional investors. Merchants Fund 31 will infuse equity into nine affordable housing properties, creating or preserving more than 1,400 affordable homes in Rhode Island, Ohio, Kentucky, Pennsylvania, Connecticut, Utah and Michigan. The investors included both […]
NAI DiLeo-Bram Markets Piscataway Industrial in Key Supply Chain Corridor
NAI DiLeo-Bram & Co. (NAIDB) is marketing 240 Circle Drive North, a 74,500-square-foot industrial building situated on approximately five acres in Piscataway, NJ. The property features a 6,000-square-foot office component and is suited for an owner-user buyer seeking to establish or expand their strategic foothold in this Central New Jersey supply chain corridor. The marketing assignment is being led by the NAIDB brokerage team of VPs Kyle Gerace and Chris Chiusolo alongside COO David A. Simon. The team […]
Autos der Zukunft sind Roboter, der Tiefflug wird die Welt verändern: CEO von XPeng
GUANGZHOU, China, 28. Juli 2026 /PRNewswire/ — Ein Nachrichtenbericht von aus dem Süden: Guangdong hat am 27. Juni die Videoserie „Beacon Over Lingnan” auf wichtigen Online-Plattformen gestartet. Die dritte Folge präsentiert ein Gespräch mit He Xiaopeng, dem Vorsitzenden und CEO von XPeng Inc. Die chinesische Branche für Fahrzeuge mit neuer Antriebstechnik (NEV) befindet sich im […]
NYC Moves To Require Labels on AI-Altered Rental Listing Photos
Apartment hunters in New York City may soon get a warning when the home they’re scrolling looks a little too good to be true. The city is moving to require rental listings to disclose photos that have been altered using artificial intelligence or other digital tools, targeting a new version of an old problem: making […]
How to Make Gordon Ramsay’s 10-Minute Summer Pasta
There was a lovely lightness to Ramsay’s 10-minute scampi that I always look for in a great summer dish. The overall cooking time was shorter than my nightly skincare routine, yet the flavors were still complex and interesting. It tasted like an elevated version of Martha Stewart’s famous one-pot pasta dish. I should note that […]
ITR filing deadline 2026: Over 4.1 crore returns filed so far; experts advise taxpayers not to wait for an extension
With just four days to go before the 31 July deadline for filing Income Tax Returns (ITRs), many taxpayers are yet to file and e-verify their returns. Some are hoping the government will extend the due date, as it has in earlier years. For instance, in FY 2024-25, the deadline for filing tax returns was […]