Germany's Allianz upgrades 2026 profit outlook

As the U.S. heads into midterms, housing affordability remains a top concern—especially among Gen Z voters, who are currently age 18 to 29. A recent CNBC poll found that housing costs are the top political issue for voters aged 18 to 34 and men aged 18 to 49—not surprising, since homeownership feels increasingly out of…

PMT Loan Trust 2026-J5 is set to raise $323.7 million through a securitization backed by 251 fully amortizing, 30-year fixed-rate mortgages with a weighted-average loan age of two months, according to Morningstar DBRS. Processing Content The portfolio’s average original combined loan-to-value ratio is 75.1%. All loans were originated under the general QM rule and are…

OpenAI says that its new model has reached the AI industry’s most sought-after milestone. “Welcome to the AGI era,” Greg Brockman, the company’s president, said at the end of a press call announcing the arrival of OpenAI’s Astra model on Thursday. AGI stands for artificial general intelligence, a fuzzy concept that nonetheless has become a…

Gold rates and silver rates in India continue to be under pressure, falling by 1% and 2% in less than 20 days of October. Another interesting factor that has been seen is the gap between the gold and silver ratio, which widened to 72. Investors’ risk appetite for gold is due to expectations of aggressive…

India has used up about half of the more than $140 billion it mobilised through special measures to bolster its foreign exchange war chest earlier ​this year, highlighting pressure on the rupee and the central bank’s determination ​to turn the tide. The Reserve Bank of India’s spot market dollar sales to support the local ‌currency,…