Despite growing scrutiny from regulators and warnings about rising consumer debt, buy now, pay later (BNPL) continues to resonate with consumers. A new survey found that many BNPL users view the payment option positively. The study from HarrisX and the Financial Technology Association found that more than three-quarters of U.S. adults said BNPL allows them […]
Ukrainian strike drones flying hundreds of miles into Russian territory have been hitting oil refineries, military sites — and now the country’s biggest e-commerce warehouses. At least 10 facilities run by Russia’s largest online retail firm, Wildberries, have been struck by long-range drones in the last two weeks. The fixed-wing drones have been hammering the […]
Net mortgage lending more than doubled from £3.3bn in May to £7.7bn in June, the latest Bank of England data shows. June’s figure was also substantially higher than the previous six-month average of £4.9bn. Mortgage approvals for house purchases increased to 58,200 in June, from 56,600 in May. However, this was below the previous six-month average […]
Gold Published: Thursday, July 30, 2026, 11:44 [IST] Bangalore Gold Rate Today: The price of 24 karat, 22 karat and 18 karat gold in Bangalore took a U-turn on Thursday as it recovered after a significant decline over the last two days. The recent jump in gold prices in the Karnataka capital came as international […]
Key insight: Federal Reserve Chair Kevin Warsh hailed rising market interest rates between Federal Open Market Committee meetings as a positive development. Expert quote: “Market participants are learning to play the ball, not the referee, and market prices will continue to respond in the direction and magnitude they see fit. This is, in my view, […]
Bachem cuts fiscal 2026 revenue guidance below consensus
Purchase: $64.3B, $72.8B, $60.0B, $54.9B, $72.8B. Refinance: $19.8B, $17.6B, $36.8B, $43.8B, $38.4B. Purchase Refinance Q2 2026 mortgage acquisitions — households supported (~417,000 total) Purchase 201,000; Refinance 117,000; Rental 99,000. 117,000 Refinance (28%) 55% of purchase borrowers were first-time homebuyers — approximately 110,000 households. Source: Fannie Mae Second Quarter 2026 Earnings Release and Form 10-Q, filed […]
The Shell gas logo is displayed at a gas station on April 27, 2026 in Austin, Texas. Shell has agreed to purchase Canadian energy company, ARC Resources in a deal valued at $16.4 billion. Brandon Bell | Getty Images News | Getty Images British energy major Shell on Thursday reported stronger-than-expected second-quarter profit, benefitting from […]
A rude awakening could be awaiting this year’s college graduates heading to New York City for work. Realtor.com reported that they are looking at the most expensive rental market the city has posted since it began tracking that data in 2019. The median asking rent climbed to $3,707 in the second quarter of 2026, up […]
Satellite view of Tuapse Oil Refinery, Russia. Ukrainian drones struck fuel storage tanks at the Rosneft‑operated facility, igniting a major fire visible for kilometers. Gallo Images | Gallo Images | Getty Images The Strait of Hormuz is rattling global trade, but the waterway is just one example of a vital maritime corridor becoming a frontline, […]