8% mortgage rates are ‘not an impossibility’ as the 30-year fixed rate surges

While Chipotle’s stock slid on Tuesday, it said health investigators had “no ongoing concerns” with the chain after it removed the jalapenos.

Uber’s co-founder is reportedly considering returning to the ride-hailing space with his new venture Atoms. That’s according to a report Sunday (Sept. 6) by the Financial Times (FT), which said Travis Kalanick is looking to develop robotaxi technology by reuniting with veterans of Uber’s autonomous vehicles team in a bid to achieve a decade-old goal….

US banks cluster at stronger DFAST capital lows – Risk.net Skip to main content End of drawer navigation content Weakest projected capital ratio rises 390bp since 2018 Large US banks’ projected minimum Common Equity Tier 1 (CET1) ratios in the Federal Reserve’s annual stress tests have risen and become more tightly clustered since 2018, a…

Singapore’s central bank is urging financial institutions to prepare for a rapid transformation driven by artificial intelligence, tokenisation, and quantum computing, while strengthening governance and cybersecurity as increasingly autonomous AI systems reshape the financial system. Chia Der Jiun, managing director of the Monetary Authority of Singapore (MAS), said AI was advancing and being adopted faster…

Writer and director Lena Dunham has welcomed her first child with husband Luis Felber—five years after leaving Los Angeles behind for a new life in London. The “Girls” creator, 40, revealed in an op-ed for Vogue that she and Felber had welcomed a daughter via surrogate, sharing intimate details about the moment she became a…

FINRA said this week that it has censured and fined tastytrade, Inc. $850,000 after finding the online brokerage failed to properly review whether its customers received the best possible execution on equities orders over a three-year period. According to a Letter of Acceptance, Waiver, and Consent released by FINRA, tastytrade routed all customer equity orders…