Micron: When A 3.8x Forward 2028 P/E Is Too Expensive
Micron: When A 3.8x Forward 2028 P/E Is Too Expensive
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NYC Pied-à-Terre Tax Ruling Cancels 17,000 Notices
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Okta Inks Permiso Purchase to Expand Identity Threat Defense
Okta plans to add identity threat detection and response capabilities to its identity management platform by acquiring Permiso Security. The acquisition will add Permiso’s identity risk signals, behavioral analytics and threat detections to Okta’s platform, Okta said in a Thursday (July 30) press release. The transaction is expected to close in the third quarter of…
Banks Add Branches as Physical Networks Lift Digital Sales
For the first time in years, the U.S. bank branch count is moving up meaningfully, and some of the biggest banks are putting billions of dollars behind the physical network. FDIC data shows 69,167 branches at the end of 2025, an increase of 535 from 68,632 a year earlier. The 2025 increase marks a break…
HSBC plans deep UK wealth redundancies in AI expansion – report
The organisation has entered a “consultation period” regarding the proposed restructuring. Credit: Andriy Blokhin/ Shutterstock.com. HSBC is looking to eliminate various UK wealth management roles, including advisors and technical specialists, in AI push, according to sources cited by the Financial Times. Roughly 50% of leadership and specialised posts are projected to be eliminated, while financial adviser…
CHLA renews LO comp reform calls, urges other changes
Four priority areas CHLA’s letter centered on four areas: TILA-RESPA Integrated Disclosure (TRID) modernization, Qualified Mortgage points-and-fees revisions, risk-based supervision for smaller independent mortgage banks, and restricting loan originator compensation rules to transactions between firms. On TRID, CHLA proposed a bona fide financial emergency waiver letting consumers voluntarily skip waiting periods during genuine emergencies. The…
US Economy Loses Momentum: Q2 GDP Growth Misses Forecasts, Fed Faces Fresh Challenge
News Published: Thursday, July 30, 2026, 23:57 [IST] The United States economy grew at a slower-than-expected pace during the second quarter of 2026, raising fresh questions about the strength of the world’s largest economy and the future path of US interest rates. Although consumer spending remained resilient and businesses continued investing in artificial intelligence (AI),…
