The growth of home prices is now anticipated to decelerate to merely 1.2% in 2026, a rate slower than previously predicted and one that does not keep up with inflation, indicating that home prices are effectively decreasing in real terms, according to the Realtor.com 2026 Forecast Midyear Update. This slowdown in home price growth occurs…
Key insight: Sony’s online bank now has conditional approval from U.S. regulators to build Connectia Trust as a national trust bank subsidiary and make its own stablecoins. Expert quote: “The charter will allow Sony to bring the entire stablecoin lifecycle in-house under a single federal regulator rather than relying on a third party’s state trust…
Demonstrators hold letters making up the slogan “Born in the USA = citizen!” outside the U.S. Supreme Court building as the court hears oral arguments on the legality of the Trump administration’s effort to limit birthright citizenship for the children of immigrants, in Washington, D.C., U.S., April 1, 2026. Kylie Cooper | Reuters President Donald…
Reputation and brand damage have emerged as the biggest risks facing India’s fintech sector, ranking above infrastructure disruptions, competition, data privacy, cyberattacks and regulatory concerns, according to a new industry report. Nearly 59 per cent of fintech companies surveyed rated reputational risk as a high-severity concern, giving it an average severity score…
Key Insight: After private meetings with executives allegedly yielded few results, two activist investors have published a letter outlining their concerns, beginning what they say will be a persistent pressure campaign. Supporting Data: In this year’s first quarter, expenses at United Bancorporation of Alabama rose by 15% year-over-year, while total loans grew by 2%. Expert…
Bond markets saw losses Wednesday after President Donald Trump said the ceasefire with Iran is over and more strikes may be forthcoming. Equities ended mixed. Processing Content Muni yields were cut one to seven basis points, depending on the curve, while UST yields rose one to two basis points. Over the past several weeks, oil…
Palisades Village, the high-end open‑air retail district in Pacific Palisades, will reopen Aug. 15, more than 18 months after sustaining damage in the historic fires that blazed through greater Los Angeles in January 2025. Rebuilding cost roughly $100M, according to the property’s owner and developer, Rick Caruso. Palisades Village, pictured here in September 2025, will…
Listen to the audio version of this article (generated by AI). The Fortune That Began with an Act of Defiance Happy Fourth of July! Few stories capture the American entrepreneurial spirit better than Cornelius Vanderbilt’s in the early 1800s. This was at the very start of his career, before he became the railroad and shipping…
Economists have spent the past week arguing about why 720,000 people walked away from the labor force in a single month. Laura Ullrich, director of economics at Indeed Hiring Lab and a former Richmond Fed economist, says that rather than treating June’s slide to a 61.5% labor force participation rate—the lowest reading outside the pandemic…
Oil prices settled at their highest levels in more than two weeks on Wednesday, then extended their gains in after-hours trading after the U.S. military said it launched additional strikes on Iran.