Multifamily vacancies rise as construction boom unwinds

The average luxury residence in West Palm Beach was sold for $4.5 million, which is 8.9 times the price of the average non-luxury home sold in the three months ending in May, according to new data from Redfin. Among the 49 most populous housing markets in the U.S., the South Florida metro area exhibits the…

The Securities and Exchange Commission has appointed Kathleen M. Hutchinson as Director of the agency’s Office of International Affairs (OIA). OIA advises the Commission on international policy matters, coordinates with foreign authorities across the globe to facilitate cross-border enforcement and supervisory cooperation and provides technical assistance. Ms. Hutchinson has served as OIA’s Acting Director since…

Kalyan Jewellers reported an estimated 38% year-on-year growth in consolidated revenue for the first quarter of FY27, driven by strong demand in the domestic market and robust same-store sales despite the entire 28-day Adhik Maas period falling within the quarter. The India business grew by more than 38%, while same-store sales rose around 28%, underscoring…

A $6 billion Commonwealth/LPL Financial team has split off to become a hybrid registered investment advisor, while keeping ties to LPL Financial as its custodian and broker/dealer.  Bartholomew & Company, which is based in Worcester, Mass., announced Monday it was launching as a hybrid RIA, with its roughly 5,000 clients moving from Commonwealth custodian Fidelity…

General Mills Earnings And A Tough Road Ahead

Interview with Christine Lagarde, President of the ECB, conducted by Guillaume Benoit and Christophe Jakubyszyn on 24 June 2026 2 July 2026 On 11 June, the ECB raised its key interest rates. Do you still think that was the right decision, given that just ten days later Iran and the United States agreed a 60-day…