Mounting ICE raids leave homebuilding’s frontlines frozen in fear

French school blockades persist after PM's unspecified promises

Freddie Mac separately pegged the 30-year average at 7.28% for the week ending October 1, the highest since November 2023. The 10-year Treasury note, meanwhile, surged to 5.35% on Wednesday, a level not reached since 2002.  The yield has climbed nearly 60 basis points since late July, a run fueled by persistent inflation, rising energy costs,…

An Alaska Air plane taxis at the Port of Seattle’s Seattle-Tacoma International Airport, which reported record passenger numbers in 2025.Bloomberg News The Port of Seattle navigated a volatile municipal bond market to price a $251.9 million revenue bond transaction that its finance team said highlights both the strength of the port’s credit profile and its…

News release The Prudential Regulation Authority (PRA) has today published a consultation on the internal model approach to market risk (IMA), which represents the final piece of Basel 3.1’s implementation in the UK. Under Basel 3.1’s market risk rules – often referred to as the Fundamental Review of the Trading Book – banks calculate how…

OpenAI President and Co-Founder Greg Brockman will oversee the company’s ChatGPT product business following the departure of Fidji Simo that was announced Thursday (July 9), CNBC reported Friday (July 10), citing unnamed sources. Brockman has handled product responsibilities since Simo took a medical leave in April, and he will continue to do so after Simo said Thursday that…