Pennymac profit drops in Q2 as rates bite, layoffs follow
News Published: Monday, July 6, 2026, 12:08 [IST] Heavy monsoon rain triggered major disruption on the Mumbai-Pune rail corridor early Monday after multiple landslides were reported in the Bhor Ghat section, forcing the Central Railway to cancel, divert, short-terminate and reschedule several trains. The disruption affected one of Maharashtra’s busiest rail routes, impacting passengers travelling…
Bonds are out of fashion with big investors — which makes them an interesting investment opportunity for the rest of us.
The initial rollout will cover Singapore and Hong Kong. Credit: Robert Way/Shutterstock.com Standard Chartered has announced a global collaboration with Aladdin Wealth, BlackRock’s wealth management technology platform, to strengthen its wealth advisory and risk management capabilities. The integration will take place through the bank’s myWealth Advisor platform, which is used by relationship managers and investment…
Successful default outcomes depend on strong collaboration between legal and real estate professionals, and it was the topic for a recent panel at the Velocity, a Force Conference, in New Orleans. The Legal League panel explored how default services attorneys and real estate agents can work together more effectively by sharing key information, marshaling resources,…
News Corp countersues Brave for allegedly ’scraping’ articles for AI
The Reserve Bank of India (RBI) on Tuesday proposed to remove the requirement for mutual funds, insurance companies and pension funds to seek fresh approval each time they acquire a major shareholding in the same bank, introducing instead a one-time approval mechanism. Under the existing framework, these entities must obtain prior RBI…