Better sues fired CEO Garg, alleging securities law violations

A German national flag on a barge near the Volkswagen AG factory in Wolfsburg, Germany, on Tuesday, March 10, 2026. Bloomberg | Bloomberg | Getty Images Volkswagen reported weaker-than-expected second-quarter profits on Friday and scrapped hope for sales revenue growth in 2026, as the German auto giant lays the groundwork for a radical overhaul of…

About 1 in 10 homes in the U.S. stand vacant, according to a new study from LendingTree. While that figure may be surprising, it is also somewhat misleading. The 14.5 million homes that LendingTree found to be empty are based on U.S. Census Bureau data. The findings include 4.7 million homes, or 32.6%, that are…

The cash equation The June figures arrive against a backdrop of accelerating all-cash activity at the top end. Nearly two-thirds, or 63% of Luxury Property Specialists surveyed by the Institute for Luxury Home Marketing reported an increase in all-cash purchases among their clients, up from 51% a year earlier. For brokers, that dynamic shapes the competitive…

Dave:Mortgage rates just climbed back over 6.7%. And while we’re all used to a lot of volatility in the mortgage market these days, here’s the part that should get your attention. It happened on the same day we got an inflation report that looked, at least on the surface, like good news. And that disconnect…

A Morgan Stanley spokesman said the bank’s mortgage unit “adheres to robust underwriting standards, supported by extensive internal risk management and regulatory oversight,” and that “there is no evidence that any loan was inappropriately extended.” The bank said its portfolio carries default rates well below industry averages and called the suggestion that it had compromised…