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Gautam Adani, chair of Indian conglomerate Adani Group, addresses a gathering during the Vibrant Gujarat Global Summit 2024 in Gandhinagar, Gujarat, India, on Jan. 10, 2024. Punit Paranjpe | AFP | Getty Images A US judge on Monday dismissed the bribery case against Indian billionaire Gautam Adani, while also rebuking a senior Department of Justice…
TPG Mortgage Investment Trust is acquiring Cherry Hill Mortgage Investment Corp. in a deal that will create a larger non-agency portfolio. Processing Content The combined companies will run an investment portfolio of $9 billion, 72% of which will be composed of non-agency residential credit, they said Monday. The cash-and-stock deal by TPG, which trades under…
Gold rates in India extended their rally on Tuesday, August 11, 2026, with the yellow metal climbing to its highest level in more than two months as investors increased their safe-haven positions ahead of key US inflation data. The upcoming inflation reading could influence expectations around the Federal Reserve’s September interest-rate decision, keeping gold firmly…
Fix-and-flip real estate investors observed more difficult market conditions during the second quarter compared to the start of the year as elevated mortgage rates suppressed buyer demand and softening resale values undercut projections. Developed by investor-lender Kiavi in partnership with John Burns Research and Consulting, a real estate advisory firm, the Fix and Flip Market…
Brisbane was far from alone. Nationally, the Cotality index fell 0.7 per cent in July, the largest single-month decline since December 2022, while combined capital city values fell 0.9 per cent over the month and 2.5 per cent across the quarter. Sydney (-1.4 per cent) and Melbourne (-1.2 per cent) continued to lead the national…
Key insights: Earned wage access providers such as DailyPay and Branch are looking toward wider distribution networks as banks get into the market. What’s at stake: Short-term liquidity products such as earned wage access are becoming more popular with consumers and gaining the attention of banks and credit unions. Forward look: Embedded finance plays and…
Soybeans futures posted modest strength on Monday, with contracts up 1 ¼ to 5 ¾ cents across the board. The cmdtyView national average Cash Bean price was up 3 ½ cents at $11.36 1/4. Soymeal futures were down $1.80 to $4.40, with Soy Oil up 83 to 130 points. Weekly Crop Progress data from NASS showed 93% of…
National home prices rose at a sluggish pace in June as regional inventory and job growth trends drive fragmented performance across local markets. Price gains continued to concentrate in underbuilt Midwest and Northeast metros, as persistent softening across some areas of the South and West showed signs of stabilization, according to Cotality, a real estate…
More than two years after developer Brandon Miller died by suicide, his widow and his business partner are still battling his creditors in court. In a lawsuit filed in early August, Westchester Fire Insurance Company sued Miller’s estate, his widow, Candice Miller, and his company, Real Estate Equities Corporation, over a $150,000 payout on a…
Soybeans are pushing higher so far on the Friday session, as contracts are 7 to 10 cents. The national front month Cash Bean price from cmdtyView is 9 ¼ cents higher at $9.78 3/4. Soymeal futures are up $4.90/ton, with Soy Oil futures back down 8 points so far on the session. The markets will be closed on…