Boomers to release millions of homes, easing but not closing gap

Bank of America argues that equity markets can withstand more severe bond market shocks than those witnessed so far in 2026 and that volatility may be better guide to risk than Treasury yields at present.

Market Notice At its meeting ending on 16 September 2026, the MPC set out a multi-year path to reduce the stock of UK government bond purchases held henceforth for monetary policy purposes to zero, through annual sales of £20 billion alongside maturing gilts. In implementing the MPC’s decision, the Bank Executive has decided to retain…

For all Tesla (TSLA +1.64%) has achieved, and it has achieved much over the past decade plus, it faces numerous near-term challenges. Global competition is only intensifying in the electric vehicle (EV) industry, its product lineup is aging despite still selling well, and price cuts have hindered profit margins. For investors still considering investing in…

Revolut is in talks with investors to build a new staged incentive scheme for chief executive Nik Storonsky, one that would trigger at a $500 billion valuation, the Financial Times reported, citing people familiar with the matter. The talks are underway while Revolut’s most recent secondary round values the company at $115 billion, less than…

As Los Angeles ranks as the nation’s least affordable major metro, Mayor Karen Bass is vigorously defending her housing record, maintaining that her administration remains “laser-focused” on cutting through red tape to bring more homes within reach of buyers. The issue took center stage after the glittering, sun-soaked capital of the U.S. film industry received…