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Michael Burry is one of the most followed investors working today. The longtime head of the hedge fund Scion Asset Management gained fame from The Big Short, when his huge bet on the housing crash paid off in 2008. That tale established Burry as a top contrarian investor, and investors have followed his moves since….
It’s Freddie Mac official: Mortgage rates have blown past 7%
Farewell, 6% rates. It was nice while it lasted. The 30-year fixed-rate mortgage averaged 7.03% for the seven-day period ending Thursday, according to Freddie Mac. That’s up from 6.95% the prior week and represents a hefty gain of 73 basis points year over year. The last time the most popular mortgage product in the U.S….
Price gains accelerate despite 6.5%+ rates
Home prices are surging this month to their highest annual growth rate in 15 months, despite mortgage rates reaching an 11-month high, according to the latest data from Intercontinental Exchange. Processing Content The annual growth rate jumped from 1.3% in June to 1.7% in July, marking the fifth consecutive month of acceleration and the largest…
Kirkland & Ellis leads H1 2026 M&A legal rankings
Kirkland & Ellis was the highest-ranked legal adviser for mergers and acquisitions in the first half of 2026, leading both by deal value and deal count in GlobalData’s latest league table. Figures from GlobalData’s Financial Deals Database showed the firm worked on 267 transactions with a combined value of $411.8bn. Access deeper industry intelligence Experience…
Rare Frank Lloyd Wright House in Michigan’s Exclusive Usonian Community Lists for $2.1M
Want to own a piece of architectural history? A rare opportunity to own a house in Frank Lloyd Wright’s planned community in Galesburg, MI, has come up. The Samuel Eppstein Residence has hit the market for $2.1 million. “It’s in the only totally Usonian community in the world, so it’s all Frank Lloyd Wright houses….
Anthropic CEO calls for slower AI development after security incidents
Anthropic CEO calls for slower AI development after security incidents