Lebanon’s Aoun to meet Trump at White House, hoping to generate pressure on Israel

Complex problems rarely have simple solutions. Yet we are constantly encouraged to believe they do. Inflation rises? Raise interest rates. A war begins? Negotiate peace. Economic growth slows? Stimulate demand. Markets become volatile? Wait for the Fed to cut rates. Simple answers are comforting because they suggest the uncertainty will soon be behind us. Unfortunately,…

New York sued Kalshi Inc.’s trading subsidiary for allegedly running an illegal, unlicensed gambling operation in the state, marking another legal hurdle for an industry that has won support from the Trump administration.  Processing Content The suit, filed Friday in state court in Manhattan, alleges that Kalshi’s prediction market exposes state residents – including those…

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Foundation has made a series of changes to its residential credit criteria. The intermediary-only specialist lender has streamlined its credit tier criteria by reducing the number of tiers to three. Under the revised criteria, Foundation can now consider unsatisfied CCJs and defaults that were registered more than six months ago, accept Debt Management Plans across…

AlixPartners, the administrator of collapsed bridging lender Market Financial Solutions, has filed a legal claim against Barclays over £160m worth of accounts. AlixPartners filed a claim to the High Court against Barclays on Friday, stating the bank was holding cash it believed was owed to the bridging lender. Barclays is understood to be defending…