Optimal Blue acquires Usherpa, deepens Fannie Mae direct lock integration

World Finance Published: Tuesday, August 25, 2026, 0:30 [IST] The United States signalled stricter enforcement against Iran’s trade and finance activity. US Treasury Secretary Scott Bessent warned that foreign banks, firms, and governments could face action. The warning raised risks for institutions handling Iran-linked money and cargo. Wider impacts could include oil prices, freight rates,…

Treasury yields were trading at multi-decade highs early Thursday morning, as investor bets on another rate hike from the Federal Reserve mounted. The benchmark 10-year Treasury note yield, which is tied to rates on mortgages, surged to 5.139% — its highest level since July 2007. The yield on the 2-year note climbed to 4.897% for…

Rate-hike risk remains the key swing factor for buyers Porter said even a modest shift in the rate outlook could be enough to dent buyer sentiment, regardless of how far rates have fallen since the Bank’s benchmark rate sat at 5% a couple of years back. “I always say every basis point matters to somebody,”…

Key insight: A new survey of consumer credit companies by the American Financial Services Association found they have a negative outlook on business conditions for the first time in two years. What’s at stake: The downturn in expectations is likely a reflection of the potential for higher interest rates, as well as a decline in…

President Donald Trump is spending time this week talking up big job-creating projects in battleground states.

News Published: Friday, October 9, 2026, 17:08 [IST] The proposed reintroduction of Merchant Discount Rate (MDR) on select UPI transactions above Rs 2,000 may be postponed until January, giving merchants, banks and digital payment companies additional time to prepare for the new system. The charges were earlier expected to come into effect from October 15,…