Navitas to acquire Claros for up to $232.8 million

Navitas to acquire Claros for up to $232.8 million

Navitas to acquire Claros for up to $232.8 million
Mid-Atlantic home sales rose on an annual and monthly basis in June, despite mortgage rates hovering around 6.5% for the entire month, a new industry report found. Processing Content Closed sales increased 7.3% year over year and 11.8% from May to 23,278 last month, while new pending sales jumped 3.9% annually to 22,817, according to…
Reddit’s CEO has begun airing his concerns about Google’s AI Overviews search feature. That’s according to a report Saturday (Aug. 1) from Ars Technica, which said Steve Huffman addressed this issue in his latest letter to investors, arguing for Reddit’s function as “the antidote to an automated web” as artificial intelligence tools proliferate. “AI compresses…
HMRC will primarily rely on existing information about a home to apply its incoming High Value Council Tax Surcharge (HVCTS), it has said. This follows reports over the weekend suggesting valuation agents would be visiting people’s homes for inspections, with people who refuse inspections at risk of being fined. It was reported that the fine could be…
A_Carina | iStock | Getty Images U.S. Treasury yields slid on Friday as oil prices dropped following a report that Pakistan is exploring a way to restart peace talks between the U.S. and Iran. The yield on the 10-year U.S. Treasury note — the key benchmark for mortgage and auto loans and credit card debt…
Key insight: Bunq, a Dutch neobank attempting to enter the U.S. digital banking market, had its charter application denied by the OCC on Friday. What’s at stake: This is the second denial of a fintech bank charter request from the agency as it is scrutinizing recent applications. Forward look: Bunq has not declared whether it…
Just eight days after becoming the first Hungary-based provider to receive a MiCA licence, CoinCash said the country’s parliament had approved legislation repealing Hungary’s additional national crypto-asset requirements. CoinCash received its MiCA licence on July 20 following a 16-month review process, becoming the first locally based crypto provider authorised under the EU framework. According to…