S&P 500 Rises As Investors Adapt To Having Less Information To Absorb

Existing-home sales eased in June after reaching a six-month high in May, as modest changes in mortgage rates continued to influence buyer activity. According to the National Association of REALTORS®, sales fell 2.4% from May to a seasonally adjusted annual rate of 4.09 million, though they remained 2.8% above their level from a year earlier….

Key takeaway: Buying Arc will give Axos access to thousands of early-stage and mid-market tech firms, as well as valuable AI technology the bank can use to sharpen its small business-product set.  Supporting data: The deal comes about three months after Capital One closed its $5 billion acquisition of Brex, which has an AI-native payments…

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The board of ICICI Prudential Life Insurance on Monday approved a proposal to rename the company ICICI Life Insurance, as it initiated the regulatory process to reclassify Prudential Corporation Holdings from a ‘promoter’ to an ‘investor’ following the latter’s proposed acquisition of a 75 per cent stake in Bharti Life Insurance.   The…

The Senate Banking Committee and the House Financial Services Committee will hear testimony Tuesday and Wednesday from Federal Reserve Chair Kevin Warsh and acting Consumer Financial Protection Bureau (CFPB) Director Russ Vought Their appearances mark Warsh’s first appearance on monetary policy since his confirmation in May and many observers anticipate that Congress members will want…

The Quebec Professional Association of Real Estate Brokers says 4,012 residential properties changed hands throughout the month in the Montreal census metropolitan area, down from 4,371 in June 2025. Home prices were up year-over-year across all categories for the month, led by a 5.9% increase in the median price of a plex to $880,000. The…