How your winning stock-index fund can turn on a dime
Also in Weekend Reads: The changing bond market, housing-market opportunities and advice from the Moneyist.
Also in Weekend Reads: The changing bond market, housing-market opportunities and advice from the Moneyist.
For the first six months of 2026, Goldman Sachs posted net revenue of $37.57bn and net profit of $12.26bn. Credit: Piotr Swat/ Shutterstock.com. Goldman Sachs profit has surged in the second quarter (Q2) of 2026, benefitting from a booming trading environment and continued growth in asset and wealth management. The US-based bank reported net earnings of $6.63bn in the quarter ended 30 June 2026, a…
Prosper Portland, the economic and urban development agency for the city of Portland, announced two additions to the agency’s leadership team. Lisa Pettinati will serve as the agency’s director of real estate and community development, and Jenna Diallo has been selected as the agency’s director of capital access. Pettinati will lead the agency’s urban development…
One in three U.S. pharmacies has closed between 2010 and 2021, according to UC Berkeley Public Health and USC. Pharmacy schools are graduating between 3,000 and 4,000 fewer pharmacists annually than the industry needs, Drugstore News reported. The closures have concentrated in lower-density markets where foot traffic does not support the cost of a staffed…
Aldermore has cut rates across its special edition buy-to-let range for customers wanting to switch products. For existing Aldermore customers, the lender’s two-year buy-to-let fixed rate at 70% LTV with no fee has been cut by 35bps to 6.44%. This option is for individual and company landlords with one residential property. Aldermore director of mortgages…
Freddie Mac has laid the groundwork for some new distressed single-family mortgage procedures as part of its broader efforts to improve servicing operations over the past several years. Processing Content The government-sponsored enterprise, which is one of two that buy a large number of the middle-class home loans that private lenders fund in the United…
As the global economy adjusts to shifting demand, many investors look to materials for stability. Choosing between Dow Holdings Inc (DOW 0.20%) and LyondellBasell Industries N.V. (LYB +0.39%) requires comparing two industry heavyweights with distinct paths. Collapse DOW & LYB: Performance Comparison Key Financial Metrics DOW – Dow $30.31 –0.20% (–$0.06) LYB – LyondellBasell Industries…