Elon Musk’s SpaceX is in talks with banks and investors to borrow $40 billion to fund a purchase of Nvidia chips, according to a Financial Times report.
The major credit-scoring agencies say they’re getting with the times, and are urging mortgage lenders to come with them. A study commissioned by Experian earlier this summer showed 1 in 3 prospective homebuyers would walk away from a lender who relied only on older credit-reporting models that don’t factor in a history of on-time rent…
A never-occupied Downtown Brooklyn office tower will get a second life as a residential building after locking in a construction loan. Ran Eliasaf’s Northwind Group provided a $208 million loan for 141 Willoughby Street, a 24-story Class A tower that was completed in 2023 but never landed a tenant. BH3 Management and Capstone Equities are…
The ExxonMobil and Chevron company logos are displayed on the floor of the New York Stock Exchange during morning trading on July 24, 2026 in New York City. Michael M. Santiago | Getty Images Big Oil enjoyed a blockbuster profit windfall in the second quarter. A key question now is whether the industry will use…
Indian equity markets ended the previous week on a strong note, with benchmark indices staging a sharp recovery after recent weakness. The Nifty 50 not only erased the losses recorded in the previous week but also surged more than 2.5%, registering its biggest weekly gain in nearly four months. The rebound was driven by renewed…
Polestar stock hits 52-week low at 6.12 USD
Key insight: The scheme did not defeat account opening so much as what comes after it. CB Surety sold clients access to merchant accounts and then sold them a way to survive the ongoing monitoring that decides whether an account stays open. What’s at stake: Visa and Mastercard already require acquiring banks to watch for…
