SK Hynix raises $26.5 billion in U.S. offering. What to know about the stock.
U.S. investors are about to get another straightforward way to play the red-hot market for memory chips.
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Government defends court readiness amid warnings over Renters’ Rights Act strain
9:01 AM, 9th July 2026, 8 hours ago 12 The government claim the justice system “is well prepared” to handle the Renters’ Rights Act. In answer to a written parliamentary question, housing minister Matthew Pennycook claims the government is providing funding to the courts. As previously reported by Property118, industry experts have warned that the…
Fed Chair Kevin Warsh Recruits Experts to Rethink Fed Methods
The Federal Reserve has announced the leaders of five task forces that will examine the Fed’s methods, analytical tools and policy approaches and provide “candid feedback” for the Federal Open Market Committee. Each task force will co-led by three external advisors, will operate independently and will be supported by Fed staff, the Federal Reserve said in a Thursday (July 9) press release. “The goal is…
Santander Bank sued for overcharging HELOC borrowers
A new class action lawsuit claims Santander Bank made millions of dollars by overcharging borrowers on their home equity line of credit loans. Processing Content Brooklyn residents Mark and Devorah Smilow sued the lender last week in a New York federal court, seeking to certify a class of aggrieved HELOC borrowers spanning back to 2013….
HUD Unveils “Made in America” Theme for Innovative Housing Showcase
WASHINGTON – Secretary Turner announced the “Made in America” theme for HUD’s sixth annual Innovative Housing Showcase, returning to the National Mall in Washington, D.C. September 22 – September 24, 2026. The Freedom 250 event will showcase American innovations that can help expand housing supply, lower construction costs, and make homeownership more attainable. Click here…
Housing Affordability Crisis Hits Buyers, Sellers, Renters, and Landlords Alike
Before New York City voted to freeze rents for more than 1 million rent-stabilized apartments, one member of the Rent Guidelines Board tried to make a point about the buildings themselves. “As the owner’s representative, my primary concern is ensuring that rent-stabilized buildings…” Maksim Wynn began, before a raucous crowd drowned him out with chants,…
ECB tells banks: Fix AI cyber gaps by Oct. 31
Key insight: Beyond faster patching, the letter tells banks to shrink their internet-facing attack surface, replace end-of-life technology and elevate cyber decisions to the board. What’s at stake: The euro-area subsidiaries of J.P. Morgan, Goldman Sachs, Citi and Morgan Stanley are ECB-supervised, so they face the same Oct. 31 deadline as any European bank. Forward…
