Mortgage applications plunge as rates approach 7%
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Experienced HMO landlords are continuing to invest in their properties, with the largest proportion expecting to spend more than £10,000 on improvements over the next 12 months, Paragon Bank reveals. The data shows three quarters of landlords have been letting property for at least 10 years, while more than half said long-term investment was one…
How damaging will the tariffs be? The breakdown of trade negotiations between the US and Canada at the weekend caused the Trump administration to introduce 50% tariffs on a broad range of Canadian imports including dairy products, alcoholic beverages, building materials, consumer goods, and industrial and personal items. Still, experts aren’t yet sounding the alarm…
The initiative is part of a wider restructuring led by Barry Sommers, CEO of Wealth & Investment Management at Wells Fargo. Credit: Sundry Photography/ Shutterstock.com. Wells Fargo is intensifying efforts to recruit financial advisers after spending five years reshaping its wealth-management division, reported Bloomberg. Its current recruitment effort is centred on independent advisers, who are…
Retail brokers handled $30.4 trillion in monthly FX and other trading volume in the second quarter of 2026, according to FM Intelligence. That is 9.3% below the first quarter’s $33.5 trillion, yet it leaves activity within 1.4% of the same period a year earlier. The quarter-on-quarter dip reads as a step back from a first-quarter…
Shares of power capex stocks such as CG Power, GE Vernova, TD Power, Siemens rallied up to 5% after chip giant Nvidia reported a staggering 117% jump in data centre revenue year-on-year at $89 billion in the second quarter, alongside stellar 2028 guidance. In today’s session, TD Power shares jumped 5% to Rs 765 per…
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. August 04, 2026 Federal Reserve Board announces approval of the application by Coastal Bend Bancshares, Inc. For release at 4:30 p.m. EDT The Federal Reserve Board on Tuesday…