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22% of U.S. residents moving to a different state cited better weather as a factor in their move, the most commonly cited reason, per a new Redfin survey. Nearly as many people, 21%, are looking to move out of state due to concerns about climate change. Weather and climate concerns are more common reasons for…
For the first six months of 2026, Goldman Sachs posted net revenue of $37.57bn and net profit of $12.26bn. Credit: Piotr Swat/ Shutterstock.com. Goldman Sachs profit has surged in the second quarter (Q2) of 2026, benefitting from a booming trading environment and continued growth in asset and wealth management. The US-based bank reported net earnings of $6.63bn in the quarter ended 30 June 2026, a…
Donald Trump‘s investment accounts grabbed headlines late last month for their cryptocurrency and real estate holdings. But what flew under the radar is the stock activity. As per disclosures from the US Office of Government Ethics, Trump has made more than 6,100 stock trades year to date. While the accounts are managed by third-party investment…
The dollar index (DXY00) fell by -0.32% on Tuesday. The dollar retreated on Tuesday after US June consumer prices rose less than expected, a dovish factor for Fed policy. Also, the benign CPI report has reduced the chances of a Fed rate hike at the FOMC meeting later this month to 17% from 43% on…
Key insight: German fintech Pliant hired Coastal Financial to support Pliant’s U.S. expansion. What’s at stake: Pliant believes the collaboration will ease compliance and technology deployment. Forward look: As more fintechs seek bank licenses, payment experts say there will be more competition for sponsor banks, but also new opportunities. The past few months have seen…
German government not stopping UniCredit's takeover of Commerzbank, Merz says
July 31 is the deadline to file the Income Tax Return (ITR) for Assessment Year (AY) 2026-27. If you miss it, the law still allows you to file a belated return by December 31, 2026, but experts say delaying your return can prove more expensive than the late filing fee. While a…
Market Harborough Building Society has acquired a £120m mortgage portfolio of loans originated and managed by Gen H. The portfolio is centred on residential mortgage customers including first-time buyers and borrowers with more complex circumstances. The society says the acquisition supports its strategy to grow into adjacent lending segments while remaining focused on responsible lending,…
The Consumer Price Index came in FAR below expectations with a core reading of 0.0 vs 0.2 forecasts. In unrounded terms, it was -0.17%. Headline CPI was more sharply negative than expected at -0.4 vs a -0.1 forecast. Supercore (which excludes housing) was down -0.2 which is the first negative reading in over a year….