Three key takeaways from Kevin Warsh’s second FOMC press conference

By Stephanie Hughes (Bloomberg) — Canada’s biggest bank stocks are running out of runway as valuations have fully priced in future growth, according to analysts with Jefferies Securities Inc. Canadian lenders currently trade at an average of 15.3 times their projected earnings over the next 12 months, 50% above the historical average, analyst John Aiken…

When I started planning a trip to Scotland with my 17-year-old daughter, I knew we wanted to spend some time in Edinburgh and then visit the Isle of Skye. The logistics of the trip were a little overwhelming — as the only adult, I would be responsible for all the driving. And even more stressful…

Multifamily permitting—the critical pipeline for new rental units—remains well below pre-pandemic levels in large U.S. cities. But a handful of major metros are bucking this trend, led by a Midwestern powerhouse where bold zoning reforms have unlocked development. Columbus, OH, has emerged as the leading permitting juggernaut across the nation’s 50 largest metros. According to…

Aldermore has reduced the rates across its special-edition buy-to-let (BTL) range for product switches. For existing customers, the two-year fix at 70% loan to value (LTV) with no fee has been cut by 0.35% to 6.44%. This is open to individual and company landlords with a single residential investment property.  The lender said this…

Workforce financial infrastructure provider Branch now enables companies and platforms to embed its earned wage access into scheduling, shift and other tools used by workforces. These new integrations represent an expansion beyond those the company offers for time and attendance and payroll systems, Branch said in a Tuesday (July 14) press release emailed to PYMNTS….

The financial sector is made up of companies that operate in the various offerings within the finance industry–encompassing everything from insurance and money management to payments and digital banking technology. This sector includes some of the world’s most well-known and largest companies, such as Square, Morgan Stanley, American Express, and Bank of America. The shares are…