The housing market defies expectations even with higher rates

New York Fed President John Williams had tried to temper expectations the previous day, saying he saw no immediate urgency to tighten further after the September meeting, but Kashkari’s remarks suggested he was not yet prepared to relent.  AI spending and the longer rate horizon Kashkari also flagged a less-discussed variable shaping where rates ultimately settle:…

Key insight: The Office of the Comptroller of the Currency is suggesting that California’s climate-disclosure laws may be preempted by federal banking laws, urging a state regulator to exempt national banks before it moves to formalize that preemption.  Supporting data: California Senate Bill 253 requires firms with $1 billion or more in revenue to quantify…

Building societies have long built their reputation on relationships that encourage loyalty from their members, and I’ve sat in enough boardrooms to know how seriously they take their wider purpose. Societies know their members, understand their circumstances, and have kept close to them – sustaining a high-street presence long after many banks pulled back. It’s…

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This article was written by Follow I am a private investor with 10 years of experience in the stock market. My approach to fundamental analysis probably differs from the classical method. I am firmly convinced: first, you must understand the business, and only after that look at the figures. For me, investing is an attempt…

Image source: The Motley Fool. DATE Tuesday, Aug. 11, 2026 at 10 a.m. ET CALL PARTICIPANTS Chief Executive Officer-Timothy J. FitzGerald Chief Financial Officer-Brittany Cerwin TAKEAWAYS Net Sales — $875.5 million, representing a 9.9% increase over the prior year or 6.4% on an organic basis driven by growth across all segments. Commercial Foodservice Revenue —…