Builders face a tougher math problem as completed inventory rises

Technology cannot be expected to exercise professional scepticism on the auditor’s behalf. While it can inform their professional judgement, auditors cannot invoke tech tools to explain an inappropriate conclusion, the National Financial Reporting Authority (NFRA) said on Friday.    In its first paper on “Staff Series on Technology in Audit,” NFRA laid down…

Brics leaders on Saturday backed deeper cooperation on taxation and customs, welcoming initiatives undertaken under India’s chairship, including the creation of working groups on international taxation and transfer pricing, and on revenue statistics.   The leaders reaffirmed their commitment to a “fair, inclusive, stable, and efficient international tax system” and to strengthening cooperation among Brics…

Russia trims gas output and LNG export forecasts as EU nears end of Russian gas purchases !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}

National lender and servicer Newrez reported positive earnings and touted opportunities amid ongoing economic volatility, as its leadership sees potential growth in new lending products and savings from artificial intelligence investments.  Processing Content With rising interest rates throughout the quarter dimming early-year enthusiasm for a significant bump in lending volumes, the company found itself able…

The S&P 500 Index ($SPX) (SPY) on Thursday rose +0.65%, the Dow Jones Industrial Average ($DOWI) (DIA) rose +0.13%, and the Nasdaq 100 Index ($IUXX) (QQQ) rose +1.15%.  September E-mini S&P futures (ESU26) rose +0.68%, and September E-mini Nasdaq futures (NQU26) rose +1.18%. Stocks rallied on the favorable PPI report, which prompted a -4 bp decline in the 10-year…

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