Mortgage applications fall 0.4% as rates see little change

“The inflation picture at the moment isn’t enough to derail what really remains an earnings-driven market,” Bill Merz, head of capital markets research at US Bank Asset Management, told CNBC.   Merz said the recent moderation in CPI and PPI was constructive for now, but that it remained to be seen how the Fed under its…

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,…

My top 10 things to watch Friday, July 31 1. Amazon is helping to lead stock futures higher after reporting a great quarter, extending Thursday’s rally, which was led by fellow Club holding Microsoft after its earnings beat. It’s been quite a reversal from Wednesday, when the Dow posted its worst one-day decline since April…

North Carolina Gov. Josh Stein said Republican state legislators are ignoring democratic norms by making sure power goes to their friends. Bloomberg News North Carolina Republican state legislators have shifted appointments power over the Local Government Commission to the GOP-dominated legislature, in a move the Democratic governor says is an effort by Republicans to give…

WASHINGTON, July 23, 2026 /PRNewswire/ — Lyntris Inc. (“Lyntris”), a defense technology company providing “sense-to-act” connectivity solutions for the modern, connected battlespace, has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) relating to a proposed initial public offering of shares of its common stock. Certain of Lyntris’s existing…