Why energy stocks still look so cheap, even after their big rally this month
Energy stocks are having a big month as oil prices surge on Iran war fears — but it’s not solely the conflict in the Middle East that makes the sector appear attractive.
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Mortgage demand drop opens door for investors
According to Equifax’s Consumer Market Pulse June 2026, overall mortgage demand has declined by 14 per cent when compared to 12 months ago, as buyers adjust to the new economic conditions. The data found that the ACT experienced the largest decline, falling by 18.6 per cent. You’re out of free articles for this month …
FCA's Landmark AI Review Lands After the Agents Already Arrived
The UK’s Financial Conduct Authority published a wide-ranging review of artificial intelligence in retail financial services today (Monday), the first of its kind commissioned by a financial regulator globally, the FCA said. The report, led by FCA executive director Sheldon Mills and known as The Mills Review, concludes that AI is likely to reshape how…
Young Americans Embrace Prenups as Women Build Wealth
(Bloomberg) — Most couples wait until they’re engaged to talk about prenuptial agreements. Michelle Kaiser brought it up on the fourth date. The 38-year-old, who works in fintech, had more complex investments than her future husband, including derivatives and leveraged funds. That, she said, reinforced the importance of talking openly about finances and long-term goals. It didn’t faze her date: The…
SCOTUS decisions could impact Puerto Rico board, PREPA restructuring
Former Oversight Board Member Justin Peterson said recent U.S. Supreme Court rulings give President Trump the right to dismiss and appoint Puerto Rico Oversight Board members. Two recent U.S. Supreme Court decisions could transform the Oversight Board and thus the outcome of the Puerto Rico Electric Power Authority bankruptcy. Processing Content The decisions on Monday…
Lack of Reinforcement Caused Pfizer HQ Incident: Engineers
A week after a safety incident made national news, we’re beginning to get clarity on what led to a blocks-wide evacuation at the project at the former Pfizer Building. It appears that construction workers at the Midtown office-to-home conversion failed to install key steel reinforcement that could have caused two columns to buckle. The two…
Trump Says Walmart Will Lower Prices After White House Request
President Donald Trump said Monday that Walmart has agreed to lower prices on a range of products after a request from his administration tied to the nation’s 250th anniversary celebrations. In a post on Truth Social, Trump said Walmart would reduce the price of a pound of ground beef by “almost” 15%. He did not…
