Bank of Canada unveils new $20 bill with King Charles portrait

A developer has secured a £1.9m refurbishment bridging loan from Aspen Bridging to convert a Grade I listed office building in Bath city centre into five residential apartments. The financing structure includes an initial advance of £800,000 at 80% loan-to-value, which refinances an existing £550,000 purchase facility and provides £250,000 for initial works. The remaining…

BlackRock, Inc. (BLK) wants to give investors a new way to own five of its active mutual funds: as ETFs. Key Takeaways: Five BlackRock active mutual funds holding nearly $55 billion in combined assets could soon gain ETF share classes. High-yield bonds, dividend-paying stocks and municipal debt make up the strategies covered in the filing….

Oracle is holding the line on its data center spending forecast. On Thursday, Oracle reported $28.5 billion in first-quarter capital expenditures, up from $8.5 billion a year earlier. It kept its fiscal 2027 capital expenditure forecast at $90 billion to $95 billion, including data center spending. Its capex forecast has not changed from the guidance…

Mortgage rates reached a new high in 2026, making it even more expensive to buy a home with a loan today.

Oil prices fell to more than a one-week low on Tuesday, as investors shrugged off supply concerns and Washington and Tehran’s intensifying war of words ahead of “economic D-Day.” Front-month Brent crude oil futures were last seen trading 3% lower at $89.40 per barrel, its lowest since Aug. 13. U.S. West Texas Intermediate crude oil…

Rexford Industrial Realty is significantly slimming down its portfolio in Southern California. The Los Angeles-based industrial real estate investment trust (REIT) announced it has agreed to sell a portfolio of properties to an affiliate of EQT Real Estate for approximately $1.2 billion. The deal is expected to close by the end of the third quarter….