Technology is Not Culture in Mortgage Lending

Brooklyn-based Borough Developers has acquired a major mixed-use development site in Downtown Brooklyn, right across from the new retail project at a former Macy’s, Commercial Observer has learned. The firm acquired 485 Fulton Street and 147 Lawrence Street — a 33,153-square-foot site known as the Bridge & Fulton Development Site — from ICER Real Estate…

The mandatory minimum balance of 25 per cent of the total accumulated funds introduced under the Employees’ Provident Fund Scheme 2026 was prompted by low retirement savings among members, with nearly half of the subscribers left with only ₹10,000-20,000 in their provident fund (PF) accounts at the time of final settlement, the Employees’ Provident…

Expert Quote: “Home equity demand should remain relatively resilient, supported by several quarters of steady HELOC growth.” — Satyan Merchant, Senior Vice President, TransUnion Supporting Data: HELOCs accounted for more than half of all home equity activity in the second quarter.Overview bullets generated by AI with editorial review.    As interest rates remain elevated, borrowers…

Growing power demands from artificial intelligence (AI) data centers have thrust energy stocks into the spotlight. Once a sleepy corner of the market known for its modest growth, energy has become a top focus for technology companies, creating opportunities for investors. Data center operators are rushing to secure power wherever they can, a powerful tailwind…

These investments have a tendency to crash and burn

(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Buffett, not Abel, appears to still be calling the shots on stocks Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders…