Key insight: Russell Vought, who is acting Director of the Consumer Financial Protection Bureau, said he believes the bureau shouldn’t exist in its current form. Forward look: House Democrats can wield a number of tools if they retake the lower chamber in November. The House Financial Services Committee is one of few panels with subpoena…
Acting US Attorney General Todd Blanche faced backlash Wednesday over the Justice Department’s (DoJ) enforcement of crypto-related crimes and other actions as President Donald Trump’s former personal attorney appeared before a Senate hearing considering his nomination to lead the agency. The ranking Democrat, Senator Dick Durbin, used part of his opening statement at the Senate…
The regulator also said institutions can use frontier models to prioritize risks and speed up patching, turning the technology on the problem it creates. The Canadian warning tracked an earlier move in the United States, where US Treasury Secretary Scott Bessent and Jerome Powell, then chair of the US Federal Reserve, called Wall Street leaders…
Crude oil is settling at $79.60, up $0.26 (0.33%) on the day after trading in a relatively wide range. Sellers pushed the price down to $78.19, but that low remained above Monday’s $77.84 low, suggesting downside momentum is beginning to lose some steam. During the decline, the price briefly slipped below the broken 38.2% retracement…
$2.5M fraud scheme alleged at Georgia housing agency Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 47 seconds ago Latest
BlackRock ECAT portfolio manager buys $566k in common stock
As a small business owner, you may be considering a business line of credit to help fund growth, manage cash flow, cover business expenses or prepare for unexpected costs. A line of credit can keep your business running smoothly, but it’s important to understand how it can affect both your business and personal finances. It’s…
Annaly Capital (NLY +1.22%) is a mortgage real estate investment trust (REIT). This is a unique niche of the broader REIT sector that is a bit more complex to understand. That said, mREITs often have very large yields, luring in dividend investors that may not understand the risks they are taking on. Annaly Capital’s 13%…
Investment advisor American Beacon Advisors Inc. and consulting firm Mercer Investments, a Marsh business, launched the Mercer & American Model portfolios, a suite of professionally managed model portfolios. The models combine thematic investing strategies, dynamic asset allocation and income-focused solutions. The five risk-based models feature a thematic equity sleeve that provides targeted exposure to high-conviction…
Buy-to-let lending increased in the first quarter of 2026, driven by strong remortgaging activity, according to the latest figures from UK Finance. A total of 58,272 new buy-to-let loans were advanced across the UK between January and March, worth £10.8 billion. This represented a 3.3% increase in lending volumes compared with the same period in…