Ellington posts $54.4M Q2 profit, Longbridge originations jump 38%

OpenAI has introduced a product designed to help enterprises deploy artificial intelligence (AI) voice and chat agents for uses cases such as customer support and outbound sales. The new OpenAI Presence starts each deployment with an agent that can do one job, identifies any gaps in the agent’s abilities after it’s been launched, and proposes updates that…

1 min read Last Updated : Aug 06 2026 | 5:58 PM IST The Reserve Bank of India has just decided to hold interest rates steady in light of the global situation as well as an evolving inflation situation. However, it looks unlikely that there will be another rate hike in this year. Plus,…

German industrial output rises more than expected in May

Reports of a recession were greatly exaggerated The tone from economists was, at times, pointed. Douglas Porter, chief economist at BMO Capital Markets in Toronto, framed May’s result as a rebuttal to months of downturn anxiety: “it’s now clear that the underlying economy is still grinding ahead, with GDP up 1.7% from year-ago levels.” Porter,…

Metropolitan Realty Group has sealed $46.8 million of agency debt for the acquisition and refinancing of a Long Island affordable housing complex, Commercial Observer has learned. Greystone provided the nonrecourse, fixed-rate Fannie Mae-backed loan on the developer’s Pine Town Houses Section 8 garden-style apartment complex in Long Beach, N.Y.  The nonrecourse deal, which was originated…

NBCUniversal is keeping its massive office near Rockefeller Center. The mass media and entertainment conglomerate has renewed its 244,185-square-foot lease at Rockefeller Group’s 1221 Avenue of the Americas, according to a second-quarter office report from CBRE. SEE ALSO: Nvidia Signs Downtown D.C. Office Lease as Trophy Buildings Outperform NBC first signed a lease for its…