Multifamily vacancies rise as construction boom unwinds

Key insight: Happen’s entire earnings beat came from the provision line. Pre-provision profit missed analyst estimates by about 5%. Supporting data: Diluted earnings of 50 cents a share beat a 42-cent consensus drawn from nine analyst estimates collected by S&P Capital IQ. Forward look: Full-year earnings guidance rose to $1.80 to $1.90 a share from…

Where should you invest? What technology should you own? What should you outsource? How do you embrace AI without compromising customer trust, data security, or commercial advantage? These are the conversations every mortgage business leader needs to be having, and they’ll take centre stage at Mortgage Innovation & Technology Live 2026 on 13 October at…

Moving is never easy, but lately, more people are trying to keep the process quick, small, and breezy. In the first four months of 2026, bookings for help with a partial move were up 37% from the same period last year, while short-distance relocations jumped 29%, according to data shared by Taskrabbit. As well, same-day…

Key Points AI infrastructure companies are issuing debt to finance their capital spending on data centers. The bond market has become more skeptical than the stock market about AI’s potential to deliver good returns on investment. 10 stocks we like better than Microsoft › Hyperscalers — the giant AI companies now racing to build AI…

Danielle Hale, chief economist at Realtor.com, said the data capture a market adjusting, not deteriorating. “July’s data show a market that is cooling seasonally, not coming apart,” Hale said. “Sellers are making more price adjustments as summer progresses, and buyers are responding more selectively, but homes are still going under contract at a faster pace…

The dollar index (DXY00) fell to a 1-week low on Wednesday and finished down by -0.48%.  The dollar tumbled on Wednesday after the FOMC kept interest rates unchanged.  The dollar moved higher briefly early on Wednesday after crude oil prices surged more than +6% when President Trump said the US will “hit Iran hard” after…