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To be fair, mortgage rates haven’t been far from their long-term highs in over a week, but today’s 30yr fixed index level of 6.83% is functionally equivalent to the actual long-term high of 6.85% seen on July 23rd. Higher rates are driven by weakness in the bond market. The latter can happen for many reasons….
Substack isn’t just for writers anymore. It’s also for influencer marketers. The newsletter platform has become an increasingly important social media tool for brands looking to find creators to work with and to reach potential customers. “Substack is one of the most exciting channels out there right now,” said Anna Doré, Rothy’s vice president of…
FIS has joined Anthropic’s Project Glasswing and is using the artificial intelligence company’s most advanced frontier model, Mythos 5, to secure its own systems. Project Glasswing is Anthropic’s initiative that allows select organizations that build or maintain foundational software to use the company’s most advanced AI models for defensive security work, FIS said in a…
You knew it had to happen. The charts foreordained it. I am talking about the collapse in every aspect of the artificial intelligence trade. You could feel it creeping up on the chart of Meta . Then we got the the one thing the market couldn’t bear: a huge prospective capital raise, when we thought…
Barclays ranked first by deal value among financial services mergers and acquisitions (M&A) advisers in the first half of 2026, while Houlihan Lokey led by number of transactions, according to GlobalData’s latest league table. Using figures from its Financial Deals Database, GlobalData said Barclays advised on deals worth $37.3bn in total. Houlihan Lokey, meanwhile, worked…
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