Italy's competition authority opens probe into Intesa's bid for Monte dei Paschi

The burden is heavier for older refinancers. Those aged 55 and older pay approximately 19% to 20% of their loan balance in excess interest over a mortgage’s life, compared with roughly 14% for borrowers under 35. The overpayment rate for the 55-and-older group sits at 81%. As record senior home equity recently topped $14.92 trillion…

The Taxation and Other Laws (Amendment) Bill, 2026, passed by the Lok Sabha on 6 August, proposes to extend the dividend exemption to REIT and InvIT unit holders even when the underlying SPV opts for the new tax regime. If enacted, the change could improve post-tax returns for investors, particularly those in higher tax brackets,…

Marvell Technology: A Lot Of Moving Parts

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The younger generation supporting their parents or grandparents with mortgage affordability is a growing trend, and with the need for multi-generational borrowing on the rise, the market must be better served, it was said during a discussion. During a video discussion, Family Building Society said that families are increasingly coming together to support each…

Beneath the surface, domestic demand held up. Consumer spending accelerated to an annualized 3.2% rate in the second quarter, up from just 0.5% in the first quarter, the fastest pace in nearly a year. Final sales to private domestic purchasers, a closely watched measure of underlying economic strength, surged to 3.9% from 1.7% in the prior period….