Yemen’s Houthis seize more islands in southern Red Sea – AP

Auction clearance rates are softening. Buyer activity has pulled back. Vendors are nervous. Investors are reassessing. Every new data release seems to be interpreted as either the beginning of a major correction or proof that the market is finally bending under the weight of policy intervention, higher rates, and weakening sentiment. The latest Cotality figures,…

Zillow’s assessment of the most pet-friendly rental markets reveals that Charlotte ranks first, with a whopping 91.6% of its rental listings permitting pets. Providence, RI, and New York follow, exhibiting the lowest proportions of pet-friendly listings among significant markets. On a national scale, an estimated 77% of rental listings on Zillow accommodate pets. Further, approximately…

Foundation has launched Buy to Let Special products, with two- and five-year fixed rate options at 80% loan to value (LTV). The products will be available across its F1 criteria, as well as standard house in multiple occupation (HMO) and multi-unit freehold block (MUFB) products.  Foundation said the range would give brokers and their…

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The UK’s Financial Conduct Authority (FCA) has finalised a set of rules aimed at making transaction reporting requirements simpler, smarter and more proportionate for firms, with the changes expected to save industry more than £100m a year. Transaction reports remain central to the FCA’s ability to detect market abuse, monitor market functioning and supervise firms….

Financial services firms are finding their strongest artificial intelligence results in the parts of the business customers rarely see. The May installment of “The Enterprise AI Benchmark Report” from PYMNTS Intelligence found that banks, insurers and other financial companies have reached high AI adoption in 27 of 75 tasks examined. High adoption means at least…