RECAP: How the Fed reached its latest rate decision
Reaction from Fed chair Kevin Warsh and from across the mortgage industry

Reaction from Fed chair Kevin Warsh and from across the mortgage industry

A new filing in a lawsuit from a fired WPP executive alleges that Sony, one of the ad giant’s major partners, investigated the company and concluded it had improperly withheld rebates from clients. The lawsuit says that Sony presented the findings of its investigation to WPP in 2025 in a detailed analysis that said the…
Key insight: A new funding structure issued by the Department of Housing and Urban Development would have severely limited grants and excluded most existing fair-housing groups from receiving what remained. What’s at stake: Judge Myong Joun said HUD’s explanation for the changes “falls woefully short” and failed to account for organizations’ reliance on federal funding….
Transcript ITV News – So obviously rates have been held today. And the Federal Reserve and the European Central Bank have raised rates in the last week. Is the Bank of England in danger of missing the boat again leaving households exposed to higher inflation than they need to see? Governor Andrew Bailey – Well…
Dolly Parton — the beloved, award-winning icon of American country music — has died. She was 80. Parton’s nephew, Bryan Seaver, announced the news on Parton’s Instagram on August 25. “My name is Bryan Seaver, son of Cassie Parton, and I’m representing the Parton and Owens family today, announcing the passing of my aunt, Dolly Rebecca…
Tishman Speyer announced that Fifth Third Bank has expanded its offices at 50 Rockefeller Plaza at Rockefeller Center, increasing its footprint at the building to 32,347 square feet. Fifth Third Bank first leased space at Rockefeller Center in October 2022 and has now expanded by nearly 11,000 square feet. The expansion is coterminous with the…
Avidia Bancorp stockholders elect directors and approve incentive plan at annual meeting