‘It feels like he’s quietly building a separate life’: My husband inherited $500,000, but he refuses to spend it on our home

Nationally, there were an estimated 48.5% more home sellers than buyers across the US in June – a contrast to the Northeast, where inventory constraints have kept demand elevated. First-time buyers comprised 33% of existing-home sales in June, up from 30% a year ago, according to the NAR Confidence Index Survey. Within New York State,…

UBS sees 28% Q3 S&P 500 earnings growth, says AI and cyclicals can lift US stocks !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}

A year after a pair of massive frauds exposed hidden risks in otherwise routine financial documents, BNY is rolling out tools to safeguard against blind spots in the roughly $1 trillion asset-backed securities market.  Processing Content At the center of the effort is a digital registry that will collect data on US consumer loans and…

Notional open interest in Ice interest rate derivatives surpassed CME flagship SOFR (secured overnight financing rate) contracts for the first time in June, as demand for euro- and sterling-denominated hedges continued to climb, data from the two exchanges shows. Daily open interest in Euribor, Sonia and €STR contracts on Ice reached a combined $62.3 trillion…

Last week was a quietish one for markets. As of Monday’s close – markets were open yesterday in the US unlike the UK – global equities were up 0.1% in local currency and 0.5% in sterling terms. The US, UK and emerging markets all saw modest gains while Europe was down a little and Japan…

Muni bond yields hit 15-year highs in the third quarter, driven by rising rates and record supply rather than weaker credit, according to Thornburg Investment Management. Key Takeaways: Rising rates and heavy issuance, rather than credit problems, sent municipal yields to their highest level since 2008. Yields on two Thornburg taxable bond ETFs also topped…