Broader US indices lower. What are the key levels in play for the Nasdaq and the S&P

This past Fourth of July weekend was a hot one for many cities across the U.S., including Chicago where temps reached mid to upper 90s and a heat index around 100 to 105 degrees, and four people died. For some renters in the Windy City, staying cool cost more than expected. That’s because landlords in…

A month after the New York City Rent Guidelines Board voted to freeze rents on all stabilized leases, a group of landlords has filed a lawsuit claiming that the process was illegally influenced by the mayor. The complaint, filed Wednesday, accuses the RGB of failing to act independently and reverse-engineering the evidence used to justify its…

A Commerce Department spokesperson confirmed Fall’s resignation without disclosing the reason, according to the report. CAISI is part of the Commerce Department. The director of the National Institute of Standards and Technology (NIST), Arvind Raman, will serve as acting director of CAISI while continuing to oversee NIST, the report said, citing the spokesperson. The report said that when…

Visa’s latest earnings call put two different versions of digital commerce on the same balance sheet. Version one: Consumers are still spending more on credit and debit cards. Version two: Consumers begin with AI agents and move through stablecoins, tokens and new money-movement channels. As for the card-based business, U.S. payments volume grew 10% year…

Egypt’s banking sector is entering a new phase of digital competition, as incumbent lenders prepare standalone digital platforms designed to reach a larger, younger and increasingly connected customer base.  The shift follows several years of rapid fintech growth, during which digital payments, lending platforms and embedded financial services have helped extend access beyond traditional banking channels.  Now,…

After flatlining for much of the spring, credit availability last month fell to its lowest point since late 2025, as lenders pulled back on federal lending programs, according to the latest report from the Mortgage Bankers Association.  Processing Content The trade group’s Mortgage Credit Availability Index dropped 2% to a reading of 105.8 in June,…