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The Securities and Exchange Commission has charged 38 entities in a Colorado court with making material misrepresentations in Form ADVs filed between 2025 and 2026 for allegedly falsely portraying themselves as legitimate advisory firms to U.S. investors, the agency said Friday. The 38 complaints, filed against each individual defendant, allege that some used IP addresses…
By Julia Fanzeres (Bloomberg) — U.S. consumer sentiment fell in August for the first time in three months on a worsening economic outlook, even as expectations for inflation in the year ahead eased. The University of Michigan’s sentiment index decreased to 51.7 in August, according to data released Friday. The final reading was slightly improved…
Multifamily development firm Cortland sold a garden-style rental complex in West Palm Beach, Fla., for $208 million, property records show. The transaction ranks among South Florida’s largest multifamily sales this year, although it marked a discount for the Atlanta-based seller. Fairfield Residential bought the 812-unit asset, called Portofino Place Apartments. The property houses 34 three-story…
Public backlash against data center development is reaching a fever pitch, and elected officials in Chicago and Illinois are firmly in the crosshairs. Local politicians are staring down the same Catch-22 facing their counterparts across the country: choosing between supporting publicly popular opposition to data centers or backing data center developers promising millions of dollars…
Lucid appoints three executives to leadership roles
Average asking prices for homes in Glasgow and Manchester’s commuter hubs have soared in the past year, new research shows. Property portal Rightmove analysed asking price growth in commuter towns linked to six of Britain’s largest cities: London, Manchester, Birmingham, Bristol, Glasgow and Cardiff. Of the cities analysed, the strongest asking price growth is concentrated…
If you haven’t already done so, please remember to register for MIT Live on 13 October 2026 at the fantastic County Hall from etc.venues in the heart of London’s Waterloo. Reserve your place here! Join mortgage and protection leaders, lenders, networks, fin-techs, technology providers, and industry innovators for a day of practical learning, meaningful networking,…
Munis were slightly cheaper on Wednesday, as U.S. Treasuries saw losses and equities ended lower. Processing Content Muni yields cheapened by up to three basis points, with the biggest losses in the 10- to 20-year range. UST yields were one to four basis points cheaper. Munis are in a “wait-and-see mode,” said James Pruskowski, managing…
U.S. Treasury Secretary Scott Bessent speaks during a press conference at the Cash Room of the Treasury Department in Washington, D.C., on Aug. 24, 2026. Mehmet Eser | Anadolu | Getty Images The Treasury Department on Friday moved to sanction the United Arab Emirates branch of an Egyptian bank over its financial ties to Iran….
Office for National Statistics (ONS) data showed that mortgage interest payments were a significant cause of the higher inflation seen by non-retired households in the year to June 2026. UK household costs rose by 2.8% year-on-year in June. Mortgage interest payments were a leading cause of rising household costs. The payments contributed 0.14 percentage…