Bank of America’s stock falls despite blockbuster earnings report

Charles Schwab’s proprietary retail investor sentiment gauge hit its highest level in four years in June, as clients continued to buy market dips despite major indices closing the month with minor losses. The firm revealed on Monday that the Schwab Trading Activity Index (STAX) rose to 59.12 in June, up 7.33% from 55.08 in May,…

Caprock, a Boise, Idaho-based $16 billion multi-family office registered investment advisor, announced Tuesday that it had acquired Venturi Private Wealth, an Austin-based wealth manager with about $4 billion in assets under management. The transaction brings approximately 30 employees to Caprock, including 10 advisors, and expands the firm’s footprint in Austin and Oklahoma City, where Venturi…

Mayor Zohran Mamdani’s pied-à-terre tax already has homeowners, lawyers and realtors pleading for greater clarity and transparency. The Department of Finance held a public comment hearing Thursday, and many parties shared their thoughts and concerns — here are just a few.  The new surcharge on second homes amounts to a “confiscatory and half-baked money grab,”…

Hormuz Back in The News Tue, Jul 7 2026, 3:18 PM Iran has attacked a few cargo ships recently and there are repercussions. The peace deal looks to be on shakier ground over the past 24 hours with both sides talking tough on the internet. Just before 3pm, the U.S. referred to…

by Calculated Risk on 1/09/2026 10:34:00 AM Today, in the Calculated Risk Real Estate Newsletter: Housing Starts Decreased to 1.246 million Annual Rate in October A brief excerpt: Note: The Census Bureau is still catching up. They released Start data for September and October today, but we are still missing November data.…The third graph shows…