Cisco sees record results from an AI ‘supercycle,’ but its stock pulls back
An 18% revenue surge and blowout 2027 forecast weren’t enough to sustain Cisco’s stock momentum.
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Trump asks Supreme Court to allow mail-in voting restrictions
A voter drops their ballot at an official ballot drop box inside City Hall during a primary election in San Francisco, California, US, on Tuesday, June 2, 2026. David Paul Morris | Bloomberg | Getty Images The Trump administration on Monday asked the Supreme Court to intervene in a legal fight over President Donald Trump’s…
The Data Center Election That Matters Isn’t In Congress
Data centers have become one of the nation’s defining political issues ahead of Tuesday’s midterm elections. As tech giants invest hundreds of billions of dollars to build behemoth facilities and use vast amounts of power to support their artificial intelligence race, communities have pushed back. Candidates on the federal, state and local levels have responded…
California Voters Will Decide on $25 Billion Program for Homebuyers
California voters will soon determine whether or not to undertake several big housing reforms when they go to the polls in two weeks. The California ballot contains three significant propositions that aim to aid homebuyers, if approved by a majority of voters on Nov. 3. These programs—a bond measure, a homebuyer program, and an update…
Squeeze on FTB affordability hit post-credit crunch peak in June – Mortgage Strategy
The squeeze on first-time buyer affordability reached its most severe level since the global financial crisis in June, according to new data from UK Finance. Mortgage payments for the typical first-time buyer amounted to 22.6% of gross income, the highest proportion recorded since the financial crisis took hold. However, gross lending is broadly on track…
George Soros Puts Argonaut Building on the Market for Roughly $100M – Commercial Observer
Another Manhattan office building has hit the market. This time it’s the landmarked Argonaut Building, an approximately 140,000-square-foot office and retail building at 224 West 57th Street in Midtown. George Soros’s Soros Fund Management has put the property up for sale and is seeking a price of roughly $100 million, according to a source with…
MOST Mortgage’s third reverse mortgage ABS of 2026 raises $275.8 million
More than four hundred first-lien reverse mortgages will secure a pool of $275.8 million in securitized bonds, coming to market from sponsor MOST Mortgage Processing Content The transaction, MOO Securitization Trust, series 2026-RM3, has a slated closing date of October 6. The transaction will sell the notes through four tranches—an A1 tranche and three class…
