Mortgage applications slide as rates near last year’s levels

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks are lower on Thursday, with the S & P 500 down by about 0.5% and the Nasdaq falling about 1%. It’s the fourth down session…

Microsoft plans to unveil its new Maia 300 AI chip this fall, The Information reports

For Q4, the group recorded net inflows of £167m. Credit: Katiindies/ Shutterstock.com. Brooks Macdonald Group has reported net inflows of £226m ($303m) for FY26, compared with net outflows of £396m in FY25.   The total funds under management and advice stood at £21.7bn at 30 June 2026 versus £19.1bn a year earlier.  Access deeper industry intelligence Experience unmatched clarity with a single platform that combines…

Last week, an employee who worked at a Russian anti-plague institute died, possibly from an unspecified form of plague. This led to the quarantine of nearly 200 people in Russia’s Irkutsk region, located in eastern Siberia, according to local news outlets. Following these reports, concerns are circulating about what exactly caused the death and quarantine…

Longfellow Real Estate Partners’ stewardship of its first New York City purchase didn’t last long. Adam Sichol’s firm sold the Hatch Life Sciences Building at 43-10 23rd Street in Long Island City for $86.9 million, records show. The buyer was Pearl Realty Management’s Jack Guttman. Neither buyer nor seller responded to requests for comment from…

A federal plan to manage the drying-up Colorado River could have major impacts for communities across Arizona, California, and Nevada. The Bureau of Reclamation released a new proposed 10-year framework governing water usage from the Colorado River—a plan that could mandate reductions in water use from the “lower basin” states. But it doesn’t require cuts…