Broadcom’s stock falls despite upbeat earnings, extending a frustrating stretch for investors

Selling continues to be the path of least resistance for the bond market. Open interest data from Treasury futures suggests Friday’s “short-covering” assessment may not be the only story. Reason being: open interest moved HIGHER (it would be much easier to conclude short-covering drove the move if open interest was lower). The counterpoint is that…

“Home price changes were the biggest driver of improved affordability this month,” said Jamie David, VP of Mortgages at Ratehub.ca, Ontario. “The average of the Big Five Banks’ five-year fixed rates decreased very slightly, but not enough to meaningfully impact affordability.” Fern Glowinsky of Haventree Bank believes the Bank of Canada is likely to…

Mortgage credit availability rose in July, driven in part by improved government mortgage availability. That’s according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology. According to the MBA, the MCAI rose by 2.5% to 108.4 in July. The MBA said that…

India is rapidly becoming one of the world’s economic powerhouses. India’s economy grew by 6.5% in 2025, according to IMF data, making it the fifth-fastest growing that year. With a GDP of over $4.1 trillion it is also the sixth-largest global economy. It overtook China as the world’s largest country by population in 2023, and…

Han Wang insists his intentions were pure. The 25-year-old cofounder of Mintlify is a prolific X poster, sending off his snippets of management philosophy to the platform’s techies. One of his essays fanned the flames of Silicon Valley’s hardcore workplace debate. He called it: “Remember to not smile.” Wang said that the essay’s lesson was…

Nationwide has appointed Kim Dickinson as its lead product manager for intermediaries. Dickinson brings a wealth of experience in the mortgage market and working with intermediaries. Prior to joining, she worked at Virgin Money and Clydesdale managing relationships with hundreds of brokers. In her new role, Dickinson will lead Nationwide’s intermediary proposition, ensuring it continues…