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Barclays and Clydesdale increase selected rates – round-up
Barclays has increased rates across a wide range of residential, buy-to-let (BTL), remortgage and existing customer products, with most rises ranging from 0.07 to 0.14 percentage points. Barclays has increased rates on 79 mortgage products in total. The largest increases are 0.14 percentage points, affecting many residential purchase and Green Home mortgages, while tracker…
The AI Boom Didn’t Stop Google From Hiring Nearly 12,000 People
As companies make rounds of job cuts and double down on AI spend, Google’s parent company Alphabet is expanding its workforce. Alphabet reported blockbuster second-quarter earnings, with revenue climbing 24% year over year to $119.8 billion. The company revealed in its earnings report that it increased head count by 11,830 employees, from 187,103 to 198,933,…
Higher rates put rental growth in the spotlight for commercial investors
New research showed that as higher interest rates persist, commercial investors have increasingly sought out high-quality commercial assets while turning to strategies that deliver stronger rental returns. According to Knight Frank’s Australian Capital View – September 2026, investors were particularly prioritising value-add strategies and finding commercial properties in locations where rental growth was supported by…
Wheat Falling on Tuesday AM Trade
Wheat is showing early Tuesday weakness with losses of 3 to 9 cents. The wheat complex joined in on the rest of the commodity losses on Monday. Chicago SRW contracts were 11 to 18 cents in the red. Open interest was down 866 contracts. KC HRW futures closed with 10 to 16 1/4 cent losses…
GE Vernova Just Signed a Major Deal in Venezuela. Is the Stock a Buy on This News Alone?
Energy equipment company GE Vernova (GEV +0.92%) makes gas turbines, wind and hydroelectric equipment, and grid infrastructure used to generate and deliver electricity. GE Vernova recently signed an agreement to help rebuild Venezuela’s power system. The plan is to add 1 gigawatt of reliable power within 24 months and another 5 gigawatts over the next…
NYC Pied-à-Terre Tax Ruling Cancels 17,000 Notices
New York City must scrap roughly 17,000 notices sent to homeowners under its new pied-à-terre tax after a judge ruled officials improperly made New Yorkers prove they didn’t owe the surcharge before determining who actually did. “All previously Mailed Notices are to be cancelled,” Richmond County Supreme Court Justice Wayne M. Ozzi ordered on Tuesday….