What to expect from Kevin Warsh’s second FOMC meeting as chair

Office for National Statistics (ONS) data showed that mortgage interest payments were a significant cause of the higher inflation seen by non-retired households in the year to June 2026. UK household costs rose by 2.8% year-on-year in June. Mortgage interest payments were a leading cause of rising household costs. The payments contributed 0.14 percentage…

Second charge mortgage new business volumes decreased 3% year-on-year in August, with 3,347 agreements over the month. Despite this, data from the Finance and Leasing Association (FLA) showed that the value of business increased by 4% to £183m.  August’s figures were also down on July, which saw 3,919 agreements at a total value of…

Tesla, Inc. (TSLA) beat Wall Street’s profit forecast Wednesday even as its auto revenue slipped, putting a top consumer discretionary ETF holding in focus. Key Takeaways: Adjusted earnings of 48 cents per share topped estimates, though core automotive revenue declined 3% from a year earlier. Free cash flow reached $1.53 billion as Tesla trimmed its…

Here’s the Nov. 3 contest that “presents the biggest election-specific risk,” analysts say.

Bitwise Chief Investment Officer Matt Hougan now argues that the Senate’s failure to advance the CLARITY Act is unlikely to halt the cryptocurrency rally that began in early July. In a September 16 memo, he recast the legislative setback as a temporary obstacle rather than a cycle-ending event. On September 15 the Senate rejected cloture…