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With the Bank of Canada widely expected to hold its overnight rate at 2.25% for the sixth consecutive time on July 15, balancing an inflation rate that climbed to 2.8% in April against GDP growth of only 0.5%, lenders are sharpening their focus on fee-generating wealth services that are less sensitive to rate cycles. Expanding the…
Executive Summary The war in Iran has scrambled traditional views of safety in fixed income, pushing investors out of long‑duration Treasuries and broad investment‑grade benchmarks and into floating‑rate, senior‑secured credit. From February 28 through early July, the Invesco Senior Loan ETF (BKLN) returned just over 3% on a total‑return basis, compared with losses of about…
News Published: Monday, July 20, 2026, 7:38 [IST] The Bangalore Electricity Supply Company Limited (BESCOM) is going to carry at least 5-hour-long power outages in several areas on July 20th and July 21st due to maintenance work that will be undertaken by KPTCL. There will be power cuts at different hours depending upon the substation…
It’s not a dramatic climb, but mortgage rates are creeping higher as the Iran ceasefire continues to deteriorate. The renewed fighting quickly drove up oil prices and bond yields, and we’ve seen mortgage rates head upward, too. The average interest rate on a 30-year, fixed-rate mortgage rose to 6.42% APR, according to rates provided to…
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Many parents assume that if they’re close to their child, their child will naturally open up to them. But after years of working with families and studying more than 200 parent-child relationships, I’ve found that closeness alone doesn’t always mean children will feel safe opening up. Children are more likely to open up when they…