The homeowners of 2023 are the hidden face of foreclosure risk

Wall Street’s record-setting start to the week ran into two familiar sources of volatility: the artificial intelligence trade and oil. The Dow Jones Industrial Average on Monday closed above 53,000 for the first time ever before renewed U.S.-Iran tensions erased those gains, leaving the blue-chip index down 0.5% for the week. Chip stocks — once…

Foreign exchange trading volumes rose across the largest institutional venues in June, with average daily activity up between roughly 6% and 9% from May at Cboe FX, FXSpotStream, 360T and Euronext FX. The gains came alongside an extra trading session, but per-day figures also improved, pointing to a real pickup rather than a calendar quirk….

Home guru Joanna Gaines has given fans a glimpse inside life on her sprawling Texas farm as she celebrated her “favorite day of the year” alongside her five children. The 48-year-old “Fixer Upper” icon took to Instagram to document the family’s annual Honey Harvest Day at their Waco, TX, property, sharing a behind-the-scenes look at…

Complex problems rarely have simple solutions. Yet we are constantly encouraged to believe they do. Inflation rises? Raise interest rates. A war begins? Negotiate peace. Economic growth slows? Stimulate demand. Markets become volatile? Wait for the Fed to cut rates. Simple answers are comforting because they suggest the uncertainty will soon be behind us. Unfortunately,…

“Several regions are now seeing that uptick in momentum carry into summer, as buyers who held back earlier in the year re-enter the market. In many cases, what has kept consumers on the sidelines is not a lack of interest, but a lack of urgency.” Greater Toronto and Greater Vancouver bore the steepest annual declines…

An afternoon panel is scheduled to pitch Canada as a stable destination for energy investment, from pipelines to nuclear power, featuring Ontario Power Generation CEO Nicolle Butcher, Suncor Energy CEO Rich Kruger and a TC Energy Corp. executive. Sovereign capital in the room Four state-owned funds from the United Arab Emirates are expected to attend,…