S&P upgrades SK Innovation outlook on refining strength

There were 261 transactions totaling $501 million filed in New York City records from 4 p.m. on Friday, Aug. 7 until 4 p.m. on Monday, Aug. 10. 🏆Residential: The priciest recorded home sale was in Nolita. A company tied to Jeffrey Herz parted with a penthouse at 224 Mulberry Street for $16.3 million. The buyer…

The yield on the 10-year note finished July 31, 2026 at 4.75% while the 2-year note ended at 4.28%. The chart below overlays the daily performance of several Treasury bonds, starting from the pre-recession equity market peaks, along with the Federal Funds Rate (FFR) since 2007. This next table shows the highs and lows of…

The UK housing market showed early signs of stabilising in June, despite activity remaining subdued, according to the latest residential market survey from the Royal Institution of Chartered Surveyors (RICS). The report said the pace of decline is easing. However, buyer demand and sales remain weak. Respondents also highlighted domestic political uncertainty as a growing…

The wildfire liability issue still needs legislative solutions, said California Gov. Gavin Newsom (pictured at a press conference after Los Angeles’ Palisades fire in 2025), but he has a “sell-by date,” so he won’t be here to solve it. Bloomberg News The wildfire liability issue still needs legislative solutions, but California Gov. Gavin Newsom said…

An age-old economics tenet posits that excessive government borrowing leaves little room for companies to tap financial markets and drives their interest rates to punishing levels. It’s called the “crowding out” theory. Processing Content Now, as the so-called hyperscalers embark on a borrowing binge for artificial intelligence that’s hitting the market with a record flood…