Darragh Buckley of Stripe launches new Increase Bank

0 Comments

Key insight: Fintech entrepreneur Darragh Buckley has re-launched the community bank he bought last year under the name Increase Bank. Supporting data: The underlying bank’s asset size grew by 48% in the fiscal year after Buckley acquired it for his enterprise payments fintech. Expert quote: “The value [for Buckley] comes from obtaining the institutional status […]

U.S. Rig Count Edges Higher

0 Comments

The U.S. rig count was little changed this week, with the total number of active rigs rising by 1 to 588. Oil rigs increased by 1, while natural gas and miscellaneous rigs were unchanged. Compared with a year ago, the total rig count is 48 rigs higher, led by a **41-rig increase in oil drilling. […]

Oklo Secures DOE Startup Authorization for Texas Isotope Reactor

0 Comments

Advanced nuclear fission developer Oklo (OKLO) reached a major regulatory milestone after receiving official startup authorization from the U.S. Department of Energy (DOE) for its Groves Isotope Test Reactor in Lockhart, Texas. Key Takeaways Oklo received formal U.S. Department of Energy (DOE) authorization to load nuclear fuel and begin startup testing at its Groves reactor […]

LME Advances Warehouse Reforms, Proposes Faster Metal Brand Listings | LeapRate

0 Comments

On Friday, the London Metal Exchange (LME) published its response to a combined consultation and discussion paper originally issued in March. It confirmed a series of reforms to its physical market infrastructure alongside a new consultation on streamlining how metal brands are listed The exchange said it will implement all proposals from the consultation section […]

How Billionaire Bernard Arnault’s Viral Tweet Reshaped His Image

0 Comments

Bernard Arnault has spent millions trying to change his image. It may have taken one sarcastic tweet to actually pull it off. The LVMH chairman, long nicknamed “the wolf in cashmere” and “the Terminator,” funded museums and underwrote the Paris Olympics over the past decade to soften his reputation, with little effect, the New York […]

Mortgage Rates Back Near Long-Term Highs

0 Comments

To be fair, mortgage rates haven’t been far from their long-term highs in over a week, but today’s 30yr fixed index level of 6.83% is functionally equivalent to the actual long-term high of 6.85% seen on July 23rd.   Higher rates are driven by weakness in the bond market. The latter can happen for many reasons. […]

How Mamdani Rode High Rents into Office

0 Comments

How did Zohran Mamdani win middle- and high-income renters? One explanation is backlash.  “Market rent growth has been going through the roof in the last few years,” said Robert Nelson of Nelson Management Group. “At the end of the day I think that’s why our mayor is in office right now.” Nelson was speaking at […]

Now That I’m Kicked Off SAVE, Is the Standard Plan My Best Option? | Student Loans

0 Comments

Either way, the case for sticking with a PSLF-eligible plan like RAP gets stronger the more payments you’ve already accumulated. It’s worth submitting a PSLF form through Federal Student Aid’s PSLF Help Tool before you decide anything, especially if you’ve never filed one. Without that paperwork on record, your payment count won’t show any progress, […]

Health Care mogul Daryl Hagler to buy Camp Mesorah

0 Comments

Daryl Hagler has emerged as a white knight for struggling landlords in recent years. He is now on the verge of becoming the savior of a popular summer camp in upstate New York.  Hagler’s entity, DHAN Masores, offered $5.6 million to acquire Camp Mesorah, an Orthodox Jewish summer camp in Guilford, New York, from Simad […]

Mortgage affordability improves slightly as median homebuyer payment dips in June

0 Comments

Mortgage affordability improves slightly as median homebuyer payment dips in June – Scotsman Guide Skip to content error: Content is protected !! This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We may also share information about your use of our site with our social […]