Stocks Tumble as Chipmakers Plunge, Oil Spikes

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The S&P 500 Index ($SPX) (SPY) today is down -0.71%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -1.53%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.98%.  September E-mini S&P futures (ESU26) are down -0.75%, and September E-mini Nasdaq futures (NQU26) are down -1.03%. Stock indexes are falling today, with the S&P 500 sliding to a […]

Divisions emerge among BoC decisionmakers on economy’s resilience

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“There was a range of views among Governing Council members about the sustainability of the rebound beyond the near term,” the Bank stated, adding that “members agreed they would need to monitor the data closely for signs that growth was broadening as projected in the July Report.” Inflation risks linger as oil stays volatile Oil […]

Microsoft CFO’s Internal Memo Tells Employees That Its Biggest AI Bets Are Paying Off

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Microsoft’s latest earnings were as much about reassurance as results. In a memo to employees after the company reported quarterly earnings, CFO Amy Hood pointed to Azure’s growth and Copilot’s momentum as evidence that Microsoft’s biggest AI bets are paying off, even as the company spends tens of billions of dollars to keep pace in […]

Wall Street is panicking over Kevin Warsh’s patience

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Kevin Warsh, in his second press conference as Fed chairman, gave the bond market credit for doing his tightening for him. Within the hour, it went further, and made clear what it thought of his decision not to raise rates. The 30-year treasury yield surged 10 basis points to 5.21%, its highest level in 19 […]

CIRO bars BMO representative who looted two dead clients’ estates

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She signed a client’s name, moved $118,000 through hidden accounts and kept less than $2,000

Fixing housing affordability could cost $1.7 trillion, economist says

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Canada would need to roughly double investment in new residential construction over the next decade, potentially intensifying competition for capital and keeping borrowing costs higher.

Investment Products Bring Clients to XTB, but CFDs Generate 96% of Trading Result

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XTB’s client acquisition and earnings mix are moving at different speeds. Shares, ETFs and Investment Plans accounted for 82.9% of first transactions by new EU clients in the first half of 2026, but CFD operations still generated about 96% of the broker’s gross result from financial instruments. The divide became more pronounced during a record […]

Standard Chartered Launches $1 Billion Share Buyback, Files Half Year Report | LeapRate

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Standard Chartered PLC announced on Wednesday that it will commence a new share buyback programme worth up to $1 billion, alongside the submission of its 2026 Half Year Report to the UK’s Financial Conduct Authority. The London-listed bank confirmed it has entered into a non-discretionary agreement with Goldman Sachs International to execute the buyback on […]

Fed Didn’t Raise Rates After All — Will Mortgage Rates Fall?

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Mortgage rates could drop a little over the next few days, as central bankers at the Federal Reserve ultimately decided to hold overnight borrowing rates steady at their meeting ending July 29. Mortgage rates jumped in the days leading up to the meeting, as speculation grew among futures traders that central bankers could vote to […]

More Than Half of Recent Home Sellers Used Recording Devices During Showings

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Recording devices in use during home showings is a common occurrence in today’s home-selling environment, and according to new research from LendingTree, it may be adding more stress to the buying process. LendingTree said it surveyed 2,000 U.S. consumers. According to the survey, a significant 56% of recent home sellers said recording devices were active […]