FirstTeam expands into Kansas, Missouri with KC office
It’s still early, but New York City’s luxury housing market is showing little sign of slowing after Mayor Zohran Mamdani’s new tax on high-value second homes took effect. The city’s first-ever pied-à-terre tax took effect on July 1, applying to non-primary residences valued at more than $5 million as part of the mayor’s larger effort…
At 3:47 a.m., my daughter sat fully upright in bed, wide awake and ready to start the day. It was still dark outside our hotel room in Tokyo, but trying to explain time zones to a 4-year-old is futile. I’ve never struggled with jet lag. I run on caffeine and enthusiasm until my circadian rhythm…
The Reserve Bank of India (RBI) is expected to keep the benchmark repo rate unchanged in its August monetary policy review on elevated inflation risks and pending the closure of the FCNR(B) deposit scheme, a poll of 10 economists and treasury heads has revealed. Most respondents anticipate that the central bank will maintain…
Key Points AI infrastructure companies are issuing debt to finance their capital spending on data centers. The bond market has become more skeptical than the stock market about AI’s potential to deliver good returns on investment. 10 stocks we like better than Microsoft › Hyperscalers — the giant AI companies now racing to build AI…
The subservicing business that acquirers have been setting their sights on depends on demand for work with third parties, which begs the question of how popular the strategy really is now. Processing Content A recent Stratmor survey shows that subservicing acquirers like Pennymac, Carrington and Rocket Mortgage are investing in a service that the majority…
Worthy, an AI-native tax-planning platform for financial advisors launched earlier this year, has analyzed more than $1 billion in taxable client income. The milestone demonstrates the growing use of Worthy’s tax-planning tools among financial advisors, according to the company. “Tax planning is a doorway,” Worthy co-founder and CEO Jonathan Hudacko said in a statement. “When…