New Fed chair could be bad news for mortgage rates

As the market shifts, investors have been encouraged to focus on quality assets in desirable locations, with Melbourne premium units and some Sydney suburbs emerging as key opportunities. In a recent episode of How I Met My Broker, Property Strats founder Steve Ash told hosts Hung Chuy and Liam Garman that investors shouldn’t take unnecessary…

ETF and fund investors gave up $3.8 trillion over the past decade to poorly timed trading, Morningstar research shows. That gap, the difference between what funds actually returned and what investors earned, is a number that advisors can help shrink. Key Takeaways: ETF and fund investors lost $3.8 trillion over a decade to poorly timed…

U.S. stock-index futures rallied and oil prices tumbled on Sunday as the U.S. and Iran took a pause from fighting, and as Wall Street gears up for the Fed’s meeting and key earnings reports from Big Tech companies.

The Securities and Exchange Commission today announced that Paul Knight has been named as the agency’s Chief Operating Officer (COO). As COO, Mr. Knight will oversee the SEC’s operational and administrative functions, including the agency’s Office of Human Resources; Office of Acquisitions; Office of Financial Management; EDGAR Business Office; Office of the Chief Data Officer;…

Forward Financing, a provider of capital to small businesses across the United States, secured $525 million of new financing that brings the company’s total committed funding capacity to nearly $700 million. The new financing includes a $350 million variable funding note (VFN) facility and a $175 million asset-backed securitization (ABS), the company said in a…