Elon Musk opens the door for a big SpaceX acquisition
The rocket and satellite-internet company is looking to challenge telecom giants.
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Leaving your mortgage renewal too late narrows your options
The Bank of Canada has also projected that roughly two thirds of borrowers renewing in 2026 could see their payments increase, with average hikes near 20% for holders of five-year fixed-rate mortgages. For brokers working with clients through renewal, when homeowners start the process matters as much as which product they ultimately choose. Leah Zlatkin,…
Here’s How Much the 3.6% 2027 Social Security COLA Will Add to the Average Retirement and Spousal Benefits
Social Security beneficiaries are just a few weeks away from a 3.6% cost-of-living adjustment (COLA). It’s an above-average increase that should help ease the burden of high inflation seniors have been facing all year. But the exact increase you’ll get depends a lot on the size of your checks now. Here’s a closer look at…
16 Investment Must Reads for This Week (Aug. 4, 2026)
Elaine Misonzhnik is Senior Editor, Investments at Wealth Management, focusing on alternative investments. She has over 20 years of experience as a business reporter and editor, including for Retail Traffic and National Real Estate Investor magazines. Prior to her current role, she was the Executive Editor at Wealth Management Real Estate, which covered the intersection…
Vale Base Metals wird die Flotation grober Partikel in Salobo vorantreiben und damit die geplante Kupferproduktion steigern und beschleunigen
Durch die Grobpartikel-Flotation (CPF) sollen in Salobo die jährliche Kupferproduktion um bis zu ~30.000 Tonnen und die jährliche Erzaufbereitungskapazität um 6 Millionen Tonnen gesteigert werden. Projektstart auf das erste Halbjahr 2028 vorverlegt; Baugenehmigung erteilt Die Schätzung der Investitionsausgaben von CPF wurde optimiert; Wheaton Precious Metals steuert 40 Millionen US-Dollar zu den Investitionsausgaben bei (Alle Beträge…
Chris Biotti on private markets, moderate returns and hiring plans
Chris Biotti: Citi Private Bank Wealth management demand is shifting as UHNW clients navigate geopolitics, inflation, and volatility. Citi believes this makes disciplined asset allocation, portfolio resilience, and global family office expertise far more valuable than traditional product models. In this interview, Chris Biotti, the head of Citi Private Bank North America, discusses the bank’s…
$20B North Carolina Data Center Canceled Amid Moratorium Debate
Plans for a nearly $20B data center campus in North Carolina are on ice as local lawmakers consider a development moratorium. The Edgecombe County courthouse in Tarboro, North Carolina Energy Storage Solutions has withdrawn its offer to buy the 28 acres for the project inside a massive shovel-ready site identified by the state for fast-tracked…
