The debt-fueled AI build-out may already be too big to fail
The Federal Reserve’s pandemic corporate credit facilities have capped downside risks and remain part of its tool kit, says BofA Global
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JSW Steel Q1 Result: Net Profit More Than Doubles to Rs 4,696 Crore, Revenue Rises 10%
News Published: Friday, July 17, 2026, 19:13 [IST] JSW Steel Q1 Result Highlights: JSW Steel Limited reported a strong jump in profit and revenue in the first quarter of financial year 2026-27. The steelmaker’s net consolidated profit (after tax) more than doubled to Rs 4696 crore in Q1FY27. The company reported a 10% surge in…
Roblox Guided Bookings Down as Much as 18% and Withdrew Its Full-Year Outlook. The Algorithm Change Behind It Was Deliberate.
Roblox (RBLX -26.85%) told investors Thursday to expect third-quarter bookings of $1.576 billion to $1.653 billion, a decline of 14% to 18% from a year ago. It also declined to offer a full-year outlook, accelerating a planned shift to quarterly only guidance. Shares fell about 27% Friday, hitting a fresh 52-week low near $34. Management…
Builder confidence hits 15-month low as affordability crisis deepens
The gauge measuring current sales conditions slipped one point to 37, the index tracking future sales expectations fell two points to 43, and the measure of prospective buyer traffic dropped two points to 23, a reading that suggests demand is not recovering at the ground level. “Many potential buyers remain on the sidelines as they wait…
Co-op cuts transfer window and Barclays tweaks charges – Mortgage Strategy
The Co-operative Bank for Intermediaries is shortening its product transfer window, while Barclays is improving the way it calculates fees for existing customers who are refinancing. Co-op says that from Friday, borrowers will be able to secure a new product transfer rate up to four months before their current deal ends, down from six months….
Seat at the table secured, NAMB is ‘bringing more’ in the year ahead
The National Association of Mortgage Brokers (NAMB) will experience a changing of the guard Thursday, with Kimber White stepping down as president and Michael Farrell stepping in to lead the group for the next 365 days. Looking back on his year in the association’s top role, White stresses the importance of NAMB “having a seat…
