Those who are familiar with Vanguard’s ETF lineup are likely well-acquainted with the Vanguard S&P 500 ETF (VOO). After all, this fund — which provides low-cost exposure to the S&P 500 — is currently the largest fund in terms of AUM. Key Takeaways: The Vanguard S&P 500 ETF (VOO) has attracted compelling inflows for a…
Bangkok’s heat index reached a scorching 51.9 degrees Celsius in late June, capping a stretch of danger-zone readings that began in April. For residents, it was just another sweltering day. But for policymakers and city leaders, including newly re-elected Bangkok governor Chadchart Sittipunt, it’s another wake-up call about the dangers of heat. Higher temperatures reshape…
Online lender Enova International saw improvements in both originations and credit during the second quarter, with consumer spending remaining resilient and small businesses optimism increasing, Enova CEO Steve Cunningham said during a Thursday (July 23) earnings call. Enova’s originations grew 27% year over year and its consolidated net charge-off ratio decreased by 0.8 percentage points to 7.3% during…
Mayor Zohran Mamdani wants to transfer distressed buildings to new ownership. One of the first tests of that strategy will involve an East Harlem portfolio of 38 rent-stabilized Manhattan buildings currently in foreclosure. The city is specifically supporting a bid on the buildings by Spatial Equity Co., a developer specializing in affordable and supportive housing,…
Adani Energy Solutions (AESL) receives a positive outlook from Jefferies, which hikes the price target to Rs 2,060 due to rising energy trading contributions and a robust medium-term growth trajectory across transmission, distribution, and smart metering. The energy solutions platform shows potential for additional capacity and higher EBITDA, reinforcing AESL as a top utility pick….
Japan’s Nikkei falls more than 2% on AI spending worries
Marcus & Millichap has completed the sale of 1939 N. Kenmore Ave., an 18-unit multifamily property located in Los Angeles. The property sold for $5.28 million. “Properties with this charm and character that have been owned by the same family for several decades rarely come to market in Los Feliz,” said Jeff Louks, executive managing director investments. “The level of interest throughout the…
The proposed amendments would mainly codify a 2025 blanket order that lifted the ceiling. Under that order, the maximum a company can raise climbed from $10 million to $25 million – or up to $50 million for larger companies – over a 12-month period, subject to conditions. The CSA said the amendments would also streamline other conditions…
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Some home buyers are making purchase decisions based on the proximity of potential data centers, even as their construction becomes a lucrative revenue source in certain parts of the country, a new Redfin report says. Processing Content More than half, or 53%, of U.S. residents expressed opposition to data center construction in their neighborhoods, according…