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Could the Bank of Canada hike interest rates before the end of 2026?
“I think given the episode we went through four years ago, they’re just incredibly concerned about the possibility of inflation lingering, even if initially it’s driven by oil prices,” he said. “I think in general they believe that people are more sensitive to inflation now than they would have been, say, five or six years…
Homes Are Selling for Much Less Than You Think
We’ve reached the midway point of 2026, and with six months of housing market data to pull from, one thing is clear: the headlines don’t match reality. The media is full of economic uncertainty, global conflict, and even housing crash predictions. But the actual data points to something else entirely. The 2026 housing market? It’s…
Who loses when Upstart becomes its own lender?
Key insight: Upstart expects to move most or all of its loan originations into the national bank it plans to open in early 2027, taking that work from the banks that serve as lender of record today. What’s at stake: Upstart paid its originating banks $11.2 million in premium and trailing fees in the first…
The traditional paths to building wealth are becoming less accessible for young Americans. Here’s what happened.
Generation Z and young millennials are navigating major shifts in the economy that have made it harder to build wealth the way Americans did in the past.
Ex-TD Bank employees sentenced in money-laundering scheme
Key insight: In the continued prosecution of an extensive money-laundering operation conducted through TD Bank, a federal judge issued 46 and 24 month prison sentences. Expert quote: “This might be a great result for the senior TD people that would still be targets of the DOJ.” — James Richards, former Wells Fargo BSA officer What’s…
Berkeley suggests 1% new-build cap in call for ‘urgent’ stamp duty reform
Housebuilder Berkeley has added its voice to the calls for stamp duty reform, with suggestions for targeted support for new-build buyers. In its trading update, the firm said “urgent reform” to stamp duty was needed for the government to meet its target of 300,000 new homes per year. Berkeley said the current stamp duty…
