Canada July retail sales fall 0.7%; seen up 1.3% in August
Canada July retail sales fall 0.7%; seen up 1.3% in August
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Nu Stock Just Cratered, and It’s 36% off Its High. Is This a Buying Opportunity?
Nu Holdings (NU -3.65%) is a fast-growing digital bank and a former Buffett stock. It’s based in Brazil, but it’s entering new regions and expanding rapidly. This is just the kind of tech-based growth stock investors usually love, but it’s 36% off its high. Let’s see what’s happening and whether or not it’s the right…
The Midwest Is Dominating 2026 Real Estate Rankings—But the Drawbacks Matter
In This Article If there were a U.S. championship for the best places to invest, the Midwest would see its cities grab gold, silver, and bronze medals. Not only have cities in the American heartland dominated the recent Wall Street Journal/Realtor.com Summer 2026 Housing Market Ranking for the most popular places to live, but they…
Bessent: Fannie Mae, Freddie Mac Conservatorship Exit Not Imminent
Treasury Secretary Scott Bessent said Tuesday that the federal government wouldn’t be loosening its hold on Fannie Mae and Freddie Mac soon. The two government-sponsored enterprises have been in federal conservatorship since September 2008 because the housing-market collapse left both mortgage-finance companies unstable financially and unable to continue operating safely without government support. Treasury Secretary…
Muni strength continues, USTs reverse course
Munis continued showing strength on Friday, as U.S. Treasuries cheapened and equities ended lower. Processing Content Muni yields were bumped two to eight basis points, depending on the scale. UST yields rose by four basis points across the curve. The flight to quality in USTs catalyzed the muni market’s rebound, wrote J.P. Morgan analysts led…
Mortgage lenders say credit appetite is steady, but complex files are slowing deals
At a recent mortgage industry panel, lenders described a familiar frustration: files that might qualify on credit can still stall when borrowers’ finances are complex or key documentation is missing. Jamie Doolittle, Head, BMO BrokerEdge “I think the prime lending space is very much open for business,” said Jamie Doolittle, head of BMO BrokerEdge, at…
Rightmove updates website descriptions after rival’s challenge
Rightmove has removed website wording that claimed to feature “over 900,000 properties for sale” and “over 200,000 properties to rent” following a challenge from property-discovery platform MyPorta. Public archives indicate the sales wording was first used in April 2010 and the rental wording in July 2010. Both descriptions remained in Rightmove’s search engine metadata until…
