Dollar perched at two-month high as hot PMI fuels inflation fears, rate hike bets

New York City’s small businesses having trouble navigating the squeeze of rising rents, dwindling availability and soaring expenses are getting a boost from the city. Mayor Zohran Mamdani doubled the funding for a city program designed to help commercial tenants in lease negotiations in his first municipal budget, up from $4M to $8M. Brokers and advocates say…

Apple’s gamble on the budget MacBook Neo is paying off and forcing rivals to rethink their offerings.

Order execution-only dealers, which do not assess suitability, drew a softer ask.   Staff encouraged these firms to provide alerts at critical points before a purchase, through pop-up windows, confirmation checkboxes, on-screen text, or oral notice for phone orders, telling investors that the product is a foreign ETF and how it differs from a Canadian one.  “The…

We present a fast, nonparametric algorithm for value-at-risk (VaR) and conditional VaR estimation that remains accurate for an arbitrarily large number of underlying positions. The algorithm solves the two inherent problems in VaR estimation: historical data is not directly applicable to the future, even though all predictions necessarily rely on it; and VaR estimation is…

12:01 AM, 5th August 2026, 8 hours ago Buy to let refinancing has returned to a record high, with 57% of leveraged landlords arranging a new loan, remortgage or product transfer in the 12 months to June. That was 10 percentage points higher than the previous quarter and matched the peak recorded at the end…

How permitting has stymied investment and what could change Gervais describes Canada’s permitting process for resource extraction projects over the past decade as “horrendous,” with permits taking seven, ten, or twelve years and requiring approvals from countless stakeholders. There was never certainty, he says, that once a project obtained a permit it would not be…