Will the negative jobs report hold off a September rate hike?

Fannie Mae published updated financials on Wednesday showing higher revenues on declining production volumes during the third quarter. Market conditions for mortgage lenders and borrowers have deteriorated since the Iran war started in late February, but the government-sponsored mortgage giant managed to post third-quarter net revenues of $7.65 billion, about 1.1% higher than the previous…

BAC launched the foreclosure in January 2010. The borrower answered pro se. Then in April 2013, BAC submitted affidavits seeking to discontinue the action. Nothing moved for nearly five years.  In January 2018, Ditech filed a fresh foreclosure on the same mortgage – without first getting leave of court on the original case. That move…

Nvidia (NVDA +0.94%) stock has underperformed the broader semiconductor sector index so far in 2026, gaining just 16% as of this writing, compared to the 62% spike in the PHLX Semiconductor Sector index. However, shares of the semiconductor bellwether received a nice shot in the arm following the release of its fiscal 2027 second-quarter results…

Highly concentrated capitalization-weighted indices have exerted their market dominance within the past decade, but multi-factor investing is striking back. A recent analysis by RAFI Indices highlighted the strategy’s resurgence as of late. Over the past decade, equity market leadership was heavily concentrated in a narrow group of mega-cap growth stocks. Capitalization-weighted indices benefited as the…

The FCA and Practitioner Panel annual survey of regulated firms provides valuable insights into how firms think we’re performing. The latest survey shows 79% of firms are highly satisfied with their relationship with the FCA, up from 74% last year. The proportion of firms rating the FCA as a highly effective regulator also increased from…

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