Can mortgage rates get under 7% for the holidays? 

UMA administration and managed account platform Adhesion Wealth launched a custom models capability. Adhesion’s financial advisor clients can now outsource portfolio construction to Fidelity Investments, while using Adhesion’s UMA technology platform to implement and administer customized, multi-sleeve portfolios at scale. Custom Model Solutions at Adhesion allow advisors to work with Fidelity to develop and manage…

OpenAI and Anthropic have made incredible advances in the capabilities and implementation of artificial intelligence over the last few years. Now, they’re turning their attention to the hardware used to train and run their large language models. Both companies are reportedly developing custom AI accelerators, which can offer better performance per dollar for specific processes…

The traditional autumn surge in property market activity could be delayed this year, with research suggesting the return to school may leave parents with less time to search for homes, attend viewings and progress purchases. Research by House Buyer Bureau found that 88% of homebuyers with school-aged children expect to be less inclined to book…

The big four bank will pass the Reserve Bank of Australia’s (RBA) March rate hike onto variable rate home loan holders 14 days after the move was announced. Westpac has confirmed it will lift variable home loan rates by 25 basis points, in line with the RBA’s latest move to increase the cash rate to…

Shakti Pumps (India) Ltd shares surged 11.71% to Rs 522.55 during Thursday’s trading session after the company secured a major order from Maharashtra State Electricity Distribution Company Limited (MSEDCL). The company received a Letter of Empanelment for the supply of 10,000 off-grid Solar Photovoltaic Water Pumping Systems (SPWPS) under the Magel Tyala Saur Krushi Pump…