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As London/European traders had for the exits, the major European indices are closing higher. The gains were led by the France’s CAC which rose by 0.98%. That runs in contrast to that indices price action this week. Ironically, that index closed down -0.98% for the week. So the decline was halved in trading here today….
Nebius (NBIS -4.26%) is turning extraordinary demand for AI infrastructure into billion-dollar contracts, rapid revenue growth, and additional capacity. Its latest quarter provides powerful evidence that commercial momentum is accelerating, but after a massive stock rally, investors must decide whether execution can grow fast enough to support the valuation. Stock prices used were the market…
Mamdani’s pick to lead the Board of Standards and Appeals met lawmaker pushback, as the City Council approaches a crossroads at next week’s confirmation hearing. John Mangin, who is currently director of the Department of City Planning’s housing division, received vociferous opposition from many council members who took issue with a paper he wrote more…
Describing the current economic moment as “a time of great consequence,” Kevin Warsh took the podium in Jackson Hole, Wyo., at his first major speech as Federal Reserve chairman and cautioned that progress toward the U.S. central bank’s inflation goals has stalled. “We must be confident that underlying inflation is moving to our objective clearly…
An eye-catching monolithic concrete dome home with midcentury-inspired features has been brought to the market in Michigan after undergoing a jaw-dropping renovation that saw its price more than quadruple in just two years. The distinctive residence in Brighton, MI, has been listed for $499,900, having last changed hands in 2023, when the current owners snapped…
Key insights: Affirm posted its most profitable quarter in its fourth fiscal quarter of 2026, and marked its 11th consecutive quarter of 30% or faster gross merchandise volume growth. What’s at stake: Affirm continues to see high consumer adoption rates while touching only a fraction of its total addressable market, which eventually will come at…
There is a lot to like about Coca-Cola (KO +0.67%) as a business. But investors have to juxtapose the business they are buying against the price they are paying. To paraphrase famous value investor Benjamin Graham (the man who helped train Warren Buffett), paying too much for a good company can turn it into a…
EURUSD moves to new lows and tests a key cluster of technical levels !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
Education, Underwriting, Processing Tools; Originators and Tech; Gov’t Program Changes; Tech Survey STRATMOR’s 2026 Technology Insight® Study Lender Intelligence Survey is now open, giving mortgage lenders a chance to share their firsthand experience with the technology that powers their businesses, and to help shape a clearer picture of what’s working, what isn’t, and…
C. K. E. Those aren’t initials or Greek life letters. They’re some of the terms that economists, corporate leaders and politicians are using as they attempt to define the U.S. current economic moment. Ever since the recovery from the pandemic, a consensus among economists has viewed the economy as acting in a “K”-shape, displaying an…