The index may not move much because the stocks with the biggest weightings lag, but there’s a bull market starting to bubble elsewhere, says a hedge-fund manager.
The Reserve Bank of India’s foreign ??exchange forward position climbed to an all-time high of $136.7 billion in July, fuelled by a surge in overseas deposits following the central bank’s measures ??to attract dollar inflows and support the rupee. The July figure marked an increase of about $33 billion from June and comfortably eclipsed the…
Also in Weekend Reads: Kevin O’Leary’s investing strategy, a 9% dividend paired with lower stock-market risk and advice from the Moneyist.
Annual expenditures on home improvements, maintenance, and repairs are projected to maintain a downward trend until mid-2027, as indicated by the most recent Leading Indicator of Remodeling Activity (LIRA) from the Harvard University Joint Center for Housing Studies (JCHS). It is anticipated that the year-over-year (YoY) increase in renovation and repair expenditures will decelerate to…
US indices close mixed with Dow, S&P and Nasdaq lower, but Russell and Nasdaq 100 higher !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
An activist shareholder has arrived at Empire State Building Trust (ESRT). Erez Asset Management, a New Rochelle, N.Y.-based activist investment firm and hedge fund manager, has disclosed its acquisition of 10 million shares, or a 5.8 percent stake, in ESRT, Bisnow first reported. Erez has already begun putting pressure on ESRT leadership to sell some…
Greater Vancouver Realtors says there were 2,390 home sales last month, up 9.6% from June 2025, but 12.4% below the 10-year seasonal average. Andrew Lis, the board’s chief economist and vice-president of data analytics, says June’s data showing broad increases in activity could be an early sign of a shift in the market, however prices…
