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By Nojoud Al Mallees (Bloomberg) — The Canadian economy added a surprise 75,100 jobs last month while the unemployment rate hit its lowest level in two years — the latest evidence the economy is on a recovery path. The jobless rate edged down to 6.4% in July from 6.5% the previous month, Statistics Canada reported…
Muni bond trading hits near-record levels
“We’re starting to get back to 5s at a discount on certain items,” said Doug Vissicchio, managing director and head of municipal trading and underwriting at UBS. Munis traded at near-record levels this week due to surging supply and higher rates. Processing Content Robust supply has been met with very strong inflows into mutual funds…
I Said This Fintech Growth Stock Was Bottoming Out in June, and I Was Right
Earnings season can be humbling, so I hope you allow me the opportunity to boast when given the chance. The last time I wrote about Nu Holdings (NU +10.34%) — on June 3 — the Latin American fintech was sliding. The parent company of Brazil’s fast-growing NuBank was reeling from analyst downgrades and mounting headwinds….
Leeds launches 98% LTV mortgage for first-time buyers – Mortgage Strategy
Leeds Building Society has launched a new mortgage offering up to 98% LTV to help first-time buyers onto the housing ladder. The new Start Mortgage, available through the society’s broker panel, allows eligible borrowers to access lending of up to five times their household income, with a maximum loan size of £500,000. The Start Mortgage…
