Ukraine braces for harsh winter as Russian attacks hit economy
Ukraine braces for harsh winter as Russian attacks hit economy
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Survey: Housing Costs Emerge as Top Political Issue for Young Voters
Among U.S. voters between age 18 and 34, the cost of housing is the top political issue, ranking higher than the cost of food or protecting democracy, according to a CNBC survey. CNBC’s All-America Economic Survey for the second quarter of 2026 polled 1,000 registered voters across the nation, and it found the cost of…
The Stablecoin Story Is Not About a Single Digital Dollar
When you scroll through the financial news these days, you meet one stablecoin. The articles describe a digital dollar, a boring token that hugs the greenback, and a shiny new tool for Wall Street. Then you open a DeFi app and meet something else entirely, a lively instrument that moves at 3 a.m. on a…
Bally’s Debt Obligations Raise Doubts Over Casino Operator’s Future
In its pursuit of expansion, Bally’s Corp. is facing liquidity concerns that could jeopardize the company’s future. The casino operator, which has two major gambling resort projects in the works, is at risk of defaulting on a lender agreement, raising “substantial doubt” about its ability to continue operating, it warned investors in a Friday filing…
Where Will SoFi Stock Be in 5 Years?
SoFi Technologies‘ (NASDAQ: SOFI) business has consistently grown since going public in 2020. You can’t say the same about its stock price. SoFi stock has trailed the market since its debut, posting a 46% total return compared to 77% for S&P 500 index holders. For years now, the share price has underperformed index funds, which…
Paragon cuts five-year buy-to-let rates by 15bps – Mortgage Strategy
Paragon Bank has cut rates by 15bps across a selection of five-year fixed-rate buy-to-let mortgages. The cuts apply for landlords purchasing or remortgaging single self-contained properties (SSCs), houses in multiple occupation (HMOs) and multi-unit blocks (MUBs). The refreshed range includes products at 60%, 70%, 75% and 80% LTV, some limited edition and Paragon’s Tailored proposition…
Amazon Narrows AI Ambitions as Retail Rivalry Intensifies
Amazon’s decision this week to scale back parts of its homegrown artificial intelligence portfolio has been taken by the marketplace as a retreat from the frontier-model competition. That’s only partly true. Amazon appears to be abandoning the most expensive and least defensible layer of the AI stack in order to strengthen the businesses where it…
