Mortgage Underwriting Blind Spot Is Homeowner Concentration Risk
Industrial construction costs are rising across the Americas amid improving demand and a recovering development pipeline that create renewed competition for materials and skilled labor, Cushman & Wakefield reported Monday. The firm’s 2026 Industrial Construction Cost Guide found that construction costs increased across all three project sizes tracked. Small industrial projects rose an average of…
Is the economy still K-shaped? The label came into vogue to describe an economy where the rich keep pulling ahead while the poor fall further behind. Recent comments from business executives and policymakers suggest that shape might be changing. Hilton CEO Christopher Nassetta said that sales growth is spreading beyond just luxury. And Treasury Secretary…
Treasury yields and oil prices surged, and the dollar confirmed the breakout toward a longer-term uptrend, to push the S&P 500 below key chart support.
Core PCE came in at 0.2 vs a 0.3 forecast, and the bond market rallied a bit in response. That said, the unrounded number was .247, which about as high as it could be without rounding up to 0.3. Core annual PCE was 3.0, which was flat versus a downward revision from 3.3. More importantly,…
It sounds paradoxical, but Federal Reserve Chair Kevin Warsh may have tightened the economy by not lifting interest rates than he would have by actually increasing them.
Hampshire Trust Bank (HTB) has appointed Ashling Quinn as lending director within its development finance team. Quinn will support brokers and SME developers across the Midlands. She brings more than a decade of banking experience, including seven years specialising in development finance. Joining from Paragon Development Finance, Quinn progressed through a series of roles…