S&P 500 sales growth is at a nearly 5-year high. Here’s what’s behind the surge.

The first lawsuit against New York City’s messy pied-á-terre tax rollout has landed.  Three homeowners filed a lawsuit in Richmond County Supreme Court challenging New York City and the Department of Finance’s implementation of a new pied-á-terre tax, which seeks to assess an additional tax on non-primary residences with home values above a certain threshold. …

The pace of rising home insurance premiums continued to moderate in the first half of 2026, as the share of homeowners who saw lower policy renewal rates rose, according to an industry analysis published Thursday. Premiums for new policies were 5.9% higher than the first half of 2025, down from 8.1% growth a year ago…

The bank core providers have quite a nice little entrenched position. Actually, that is understating it. The core providers have a commanding entrenched position. Any upstart trying to steal some business from Fiserv, FIS or Jack Henry has a ton of work to do.  Processing Content If you look at the core providers as an…

PulteGroup saw earnings fall again in the second quarter, reflecting a housing market constrained by high mortgage rates and affordability issues. Processing Content The homebuilder posted net income of $472 million, or $2.48 per share, down from $608 million, or $3.03 per share, in the second quarter of last year but still more than analysts…

Solid Data-Driven Gains Thu, Aug 13 2026, 5:10 PM Thursday was a fairly straightforward session for bonds. Yields fell modestly overnight in response to slightly lower oil prices and then more forcefully after the cooler-than-expected PPI data. Mid-day fuel price volatility caused a slight pull-back, but not enough to undo a reasonably…