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GSE changes, Boxabl pact spur mortgage lending opportunities
Fannie Mae and Freddie Mac latest selling guide updates give lenders more leeway in some areas, including the lower-cost factory-built housing market that’s gained some traction because broader home affordability has been under strain. Processing Content Fannie has streamlined Native American conventional loans for previously approved tribes, and Freddie is now buying mortgages financing manufactured…
Summer torpor – Private Banker International
Rupert Thompson’s weekly investment commentary analyses market reactions to recent events and identifies upcoming market trends in global markets, including equities, fixed income and FX August 18, 2026 Markets have succumbed to the succession of heatwaves and a summer torpor, writes Rupert Thompson; image credit: Arjunisme/shutterstock
Why CFOs are getting AI ROI wrong and how to fix it
Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. The following is a guest post from Dean Quiambao, partner at Armanino. Opinions are the author’s own. CFOs are under pressure from two directions at once. On one side, capital markets remain selective. IPO activity is uneven…
Some gamblers are buying losing lottery tickets on eBay as a way offset taxes on their gambling wins
Search “losing lottery tickets” on eBay and the site turns up something odd: stacks of worthless scratch-offs and instant tickets. Your choice if you want to pay by value or by weight: some listings offer a pound’s worth of losing lottery tickets from Pennsylvania for just $10, while others offer thousands of dollars’ worth of…
ChatGPT Ads Hit $1 Billion Faster Than Google Ever Did
Ads inside ChatGPT are now bringing in money at a pace equal to $1 billion a year, OpenAI said in a Monday announcement, a milestone the company reached less than 200 days after launching the ad product. OpenAI is guiding toward $2.5 billion in booked ad revenue for the full year, a pace it took…
Asia stocks fall as oil, Samsung drag weighs; Japan chip rally limits broader loss
Asia stocks fall as oil, Samsung drag weighs; Japan chip rally limits broader loss