Asian AI, chip stocks tumble as higher yields revive valuation concerns

Taylor Farms, a Taco Bell lettuce supplier, has been linked to a five-state cyclosporiasis outbreak. Taylor Farms, founded by Bruce Taylor and several partners in 1995, is a California-based fresh produce company that has grown into a multi-billion-dollar enterprise with more than 24,000 employees and 22 production locations across North America. The privately held company…

JPMorgan Chase is embarking on an ambitious multi-year program to boost housing supply and affordable lending through 2035. Processing Content The New York-based banking giant unveiled the plan on Monday, which stands as a key pillar of its American Dream Initiative to support targeted community investment. The bank expects to issue more than $750 billion…

The number of default notices, scheduled auctions or bank repossessions in the first six months of 2026 was up 21% from the same time period a year ago and up 28% from the same time period two years ago, according to a new report from real estate data provider ATTOM. Its Mid-Year 2026 U.S. Foreclosure…

How the strata’s penalty calculation failed Despite its partial evidentiary win, the strata’s fine structure did not survive scrutiny. Section 2 sought $1,000 per day for each alleged rental period, but Reynolds found the building’s bylaws only permit daily fines after a contravention “continues without interruption” for more than seven days. That meant the strata could…

Several large global central counterparties (CCPs) reported record or near-record measures of liquidity risk in the first quarter, Risk Quantum analysis shows. LCH set highs at both its London- and Paris-based CCPs. At LCH Ltd, the hypothetical largest payment obligation climbed 29.7% quarter on quarter to €38.1 billion ($43.7 billion). At LCH SA, the same…