Russia says it struck military-related warehouses and steel works in overnight Ukraine strikes

US banks expanded their commercial real estate (CRE) portfolios by 3% in the first quarter, the fastest rate of growth in the asset in nearly three years. Across 4,336 US banks, total CRE exposure stood at $2.61 trillion as of March 31, up $74.9 billion from three months earlier. It was the largest proportional increase…

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Kevelyn Guzman (pictured top), regional vice president at Coldwell Banker Warburg in New York, was born and raised in Manhattan and has been with the firm since 2008. She said the pied-à-terre effect has been causing property owners to pick up the phone. “Inventory is still low,” Guzman told Mortgage Professional America. “However, ever since…

Screenless devices seem to be the next frontier in artificial intelligence (AI) hardware. There have been rumors that OpenAI’s first device might be a screenless speaker, but nothing concrete has come out. Bloomberg reported in July that the device OpenAI is developing with Jony Ive’s hardware startup, io, will be a screen-free smart speaker built…

MBS convexity hedging: back with a vengeance, or ghost story? – Risk.net Skip to main content End of drawer navigation content More bonds now sit with active hedgers but market is split on whether flows can move US rates again Back in the early 2000s, the US rates markets were at the mercy of mortgage-backed…

The S&P 500 booked its 25th record close of 2026, after a 42-day break.