(Bloomberg Opinion) — That leveraged single-stock exchange-traded funds will eventually maul the retail investors who love them is, by now, close to consensus. My Bloomberg Opinion colleague Shuli Ren made the case last month that investors in leveraged ETFs tied to semiconductor stocks such as South Korea’s SK Hynix Inc. are at particular risk of […]
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 […]
(Bloomberg Opinion) — Private equity may be our No. 1 economic boogeyman. It is blamed for rising real estate prices, poor medical care, and ruining many of the businesses we used to love. And yet it is also being mainstreamed as an asset class, with most everyone seemingly wanting a piece of the $7 trillion […]
For years, the Magnificent Seven tech giants commanded investors’ attention, dominating the S&P 500 Index and shaping market movements. Those days are over. While the technology-heavy Nasdaq 100 Index is up 16% in 2026 and the S&P 500 has climbed 10%, an index of the Mag 7 has gained just 1.7%. The AI rally has […]
Exchange of letters between the Governor and the Chancellor
Major renovations on aging buildings require delicate structural work, particularly when developers add floors, cantilever new sections or redistribute loads through an existing frame. Structural engineers say those projects demand extensive analysis to ensure existing structures can safely support new weight and altered load paths. When something is overlooked in the design, engineering or construction […]
Asking rents in Canada continued to sink lower last month compared with a year ago, with a new report pegging the average cost at $2,033 for June.
As part of the Finance Magnates × iFX EXPO International 2026 collaboration, the inaugural Finance Magnates Industry Talks podcast studio welcomed some of the industry’s leading voices for a series of exclusive interviews recorded live during iFX EXPO International 2026 in Limassol, Cyprus. Go beyond the conference stage with conversations that give you direct access […]
Key takeaway: For the third time in a little over five years, Business First has acquired a nonbank firm that serves other community banks. Supporting data: Business First’s two consulting units, Smith Shellnut Wilson and Waterstone LSP, generated nearly $8 million in revenue in 2025. Expert quote: “Joining forces allows us to deepen our capabilities […]
The S&P 500 Index ($SPX) (SPY) today is down -0.49%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.96%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.19%. September E-mini S&P futures (ESU26) are down -0.49%, and September E-mini Nasdaq futures (NQU26) are down -0.21%. Stock indexes are moving lower today as crude oil prices and bond […]