Higher yields are taking their toll on all areas of the stock market, except the one that matters

(Bloomberg) — In recent years, Wall Street has turned a quirk of ETF plumbing into a $23 billion business helping wealthy investors reshape appreciated stock portfolios without immediately triggering a capital-gains tax bill. On Monday, the Internal Revenue Service delivered the clearest threat yet to the trade, targeting its most aggressive forms and setting off…

US President Donald Trump, alongside CIA Director John Ratcliffe, U.S. Secretary of Defense Pete Hegseth and Chairman of the Joint Chiefs of Staff General Dan Caine speaks about the conflict in Iran on April 6, 2026, in Washington, DC. Brendan Smialowski | Afp | Getty Images The U.S. will enage in “technical talks” with Iran…

NS&I has hiked rates on eight of its fixed-rate savings accounts for the second time in two months. The Treasury-backed bank has improved the rate on its one, two, three and five-year fixed rate accounts, with several now paying more than 5%. It comes as NS&I strives to meet its net financing target of £15…

CME Group’s planned E-nano equity index futures removes one of the practical barriers that has kept some retail traders in contracts for difference: the minimum size of an exchange-traded position. The new contracts could compete with index CFDs, although CME’s existing product data suggests smaller sizing alone may not redirect retail flow. The exchange plans…

12:01 AM, 27th August 2026, 6 hours ago Annual rents in Scotland fell by 0.2% in the second quarter of 2026 as the country’s three largest cities recorded little movement from a year earlier. The latest Citylets figures show rent levels in the main markets have changed little as supply and demand become more closely…