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Mortgage demand shocked no one by declining last week as mortgage rates climbed to their highest level in nearly three years. The Mortgage Bankers Association (MBA) reported a 6% drop in total mortgage application volume for the week ending September 25. Both sides of the market moved lower, with the seasonally adjusted Purchase Index falling…

Also in Weekend Reads: Kevin O’Leary’s investing strategy, a 9% dividend paired with lower stock-market risk and advice from the Moneyist.

Another Long Island development giant is splitting up. Sterling Equities co-founder Fred Wilpon, along with Richard and Scott Wilpon, left the company as part of a “planned organizational transition,” Newsday reported. Saul Katz and his family members are remaining with Sterling, as is Bruce Wilpon, Fred’s son. The departing Wilpons are expected to focus on…

Article content LYNCHBURG, Va. — BWX Technologies, Inc. (NYSE: BWXT) announced today a contract award from the U.S. Department of Energy’s National Nuclear Security Administration (DOE/NNSA) to deliver a conceptual design for the first module of a new Lithium Processing Facility to be constructed at the Y-12 National Security Complex. THIS CONTENT IS RESERVED FOR…

By Nojoud Al Mallees (Bloomberg) — Canada’s trade surplus narrowed sharply in July as declines in gold and energy dropped exports to the U.S. to their lowest proportion since 1997, outside the COVID-19 pandemic. Canadian exports to the U.S. decreased by 6.6% during the month, which was the steepest percentage decline since April 2025, Statistics…

New York City’s new pied-à-terre tax could expose residents who falsely claimed to live outside the state to avoid paying New York taxes. That’s the warning from New York Gov. Kathy Hochul’s office. According to comments obtained by Fortune, Jen Goodman, Director of Rapid Response at the governor’s office, said the state’s Department of Tax…