30-year mortgage rate jumps to 7.17% — a nearly 2-year high — in the latest blow to the housing market

Ryan Breslow is seeking up to $27 million in bridge financing for Bolt, the payments startup he co-founded, as he works to stabilize the company and position it for a larger funding round, according to TechCrunch. The financing is being raised from Bolt’s existing investors and is structured as a convertible note, the news outlet…

Main Street Capital (MAIN -0.19%) is a business development company (BDC). Its 7.5% yield is well above the market’s roughly 1%. But there are some issues to consider before you buy this stock. And the biggest comes down to how the dividend payment is made. Here’s what you need to know. What’s Main Street’s real…

The Indian Rupee risks falling into new record lows amid the renewed US-Iran conflict and elevated oil prices !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}

Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. A federal judge in Illinois has denied a former Chicago hospital CFO’s request to dismiss fraud charges against him, even as a pair of co-defendants have had their charges dropped. In a Friday ruling, Sharon Johnson Coleman,…

The following is from Taking Stock by Jordan Grumet with permission from Ulysses Press. Copyright © 2022 by Jordan Grumet. This passage has been edited to be more readable on the web. I used to have a patient who was an undertaker. We had many conversations about philosophy and practicality, and it didn’t take long…

What’s in a custodian’s name? When you’re an advisor working with upper-high-net-worth clients considering a move to independence, it may mean more than people traditionally think. Nate Lenz, CEO of Concurrent, said his firm’s decision to add Goldman Sachs as a custody option has been a draw for some captive advisors looking to move into…