Flipping a house today, rates, timelines and buyer competition
The top Pentagon technology official said Wednesday the Trump administration shouldn’t seek to nationalize or take partial government stakes in artificial intelligence companies. “I hope not,” Emil Michael, Department of Defense chief technology officer, told CNBC’s “Squawk on the Street” when asked about that prospect of partial government ownership, which has emerged amid growing concerns…
Boring Day But At Least Bonds Turned Green 1 Hour, 28 Min ago Boring Day But At Least Bonds Turned Green Tuesday offered remarkably of interest or consequence for the bond market. The most notable development was the brief visit to 4.75% in 10yr yields followed by the emergence of the quintessential…
After years of being told to spend our pensions last because they could be handed down free of inheritance tax, a new rule coming in from next April flips that guidance on its head. From 6 April, 2027, most unspent pensions passed on will be included in the estate for inheritance tax (IHT) purposes and…
The Reserve Bank of India (RBI) has announced a Rs 1 lakh crore sale of government securities, a move that could have an impact beyond banks and large financial institutions. While retail investors cannot directly participate in these RBI auctions, the move could influence government bond yields, bond prices, and the broader fixed-income market. For…
Follow Oxford Lane Capital Corporation (OXLC) Q1 2027 Earnings Call July 28, 2026 9:00 AM EDT Company Participants Jonathan Cohen – CEO & Interested DirectorBruce Rubin – Corporate Secretary, Chief Accounting Officer, Treasurer & CFOJoseph Kupka – Managing Director of Oxford Funds, LLC Conference Call Participants Erik Zwick – Lucid Capital Markets, LLC, Research Division…
Banking-as-a-service has traditionally had sponsor banks for doing everything themselves: issuing accounts, holding deposits, processing payments and financing lending. But latest earnings from two sponsor-bank operators suggest some flexibility in the model, where deposits can be managed independently from the FinTech relationship itself. First Internet Bancorp indicated that its banking-as-a-service fee revenue increased 172% from…