Turkey’s central bank to restart one-week repo auctions

The U.S. housing economy has turned from “stagnation to contraction” at the midpoint of 2026, according to analysts at Fitch Ratings, who shared their outlooks on prevailing market conditions in a webinar livestreamed Friday. “Housing has been weak for a while,” said Olu Sonola, head of U.S. economic research for the ratings firm. Sonola flagged…

Two of the most important stocks in the semiconductor value chain today are Taiwan Semiconductor Manufacturing (TSM 2.96%) and ASML (ASML 2.06%). TSMC has a virtual monopoly on the manufacturing of advanced logic chips, such as graphics processing units (GPUs) and high-performance central processing units (CPUs), while ASML has a full-blown monopoly on the machines…

Gen H cuts rates by 15 basis point (bps) at 90% and 95% loan-to-value (LTV), the lender’s second high-LTV reduction in three weeks. Earlier this month, Gen H updated its affordability assessment model to allow buyers of new-build homes to borrow more because of their energy efficiency. Several lenders have made improvements to their…

Key Points Oklo and NuScale have dominated the headlines as potential nuclear power winners. GE Vernova hasn’t gotten the same attention for its nuclear investments. It offers a lower-risk way to invest in the same trends driving Oklo and NuScale. 10 stocks we like better than GE Vernova › The AI-driven nuclear power resurgence has…

New York City’s public rollout of a new, controversial tax on pieds-à-terre got off to a rocky start. Last week, the Department of Finance sent notices to homeowners across the five boroughs whose properties could be subject to the surcharge — an apparently wide-net approach that notified primary residences and second homes alike. “I was…