Amid two ongoing hot wars involving major energy-producing countries — the war in Iran and the Russia/Ukraine conflict — the commodities arena may appear to be a hazardous place for investors to allocate capital. But recent pullbacks by some commodities-linked equities could prove to be buying opportunities. That may be one reason to consider the […]
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An analysis by strata intelligence platform Cohabit found that Victorian buyers did not have all the information necessary to purchase an apartment or townhouse through their strata report. The analysis examined the Victorian Owners Corporation Certificate, the disclosure document supplied inside the vendor’s section 32 statement and found that the strata report only provided three…
Westpac has shifted its cash rate forecast to a 25-basis-point hike in November, taking the cash rate to 4.6 per cent. The move puts Westpac alongside Commonwealth Bank and Australia and New Zealand Banking Group (ANZ), which also forecast a hike in November following a rise in the consumer price index (CPI) to 3.5 per…
AI agents for property intelligence are AI-powered systems designed to perform specific property-related tasks using trusted property data and specialized capabilities. Unlike general-purpose AI assistants, specialized AI agents are built around defined tasks or outcomes, such as researching properties and places, analyzing housing markets, or generating property reports. For organizations that rely on property information,…
Key insight: The organizers of a Utah de novo bank, Bank of St. George, say the regulatory approval process has been smooth. Travis Hill, chairman of the Federal Deposit Insurance Corp., has been trying to make it easier for new banks to open. Supporting data: Twenty-one groups have filed deposit-insurance applications since the start of…
Nir Meir has not yet accepted a plea deal, his attorney said at his last court appearance before his October trial. The disgraced former HFZ Capital executive has pleaded not guilty in an alleged $86 million fraud case involving the XI condo project on the High Line. When Meir was in court earlier this month,…
Walmart is reportedly rolling out a new line of clothing to court younger consumers. The retailer’s Scenario brand is set to debut this week, with most items costing under $25 as Walmart seeks to appeal to its core of discount shoppers and regain ground from Amazon, The Wall Street Journal (WSJ) reported Sunday (Aug. 23)….