Key takeaway: Banking trade groups are urging the Securities and Exchange Commission not to change Form S-3 eligibility rules, arguing that the proposed restrictions would disproportionately harm banks versus other publicly reporting companies. Expert quote: “The proposed expansion and escalation of the consequences associated with ‘ineligible issuer’ status would introduce a significantly more severe restriction…
Mortgage rates are higher today, as reports of Iranian strikes on multiple countries in the region threaten to expand the scope of the war. When fighting in Iran accelerates, it tends to push up oil prices. Mortgage rates usually follow suit. The average interest rate on a 30-year, fixed-rate mortgage jumped to 6.7% APR, according…
Paolo Zampolli’s Gramercy Park townhouse has long doubled as a calling card, showcasing the Trump administration official’s diplomatic credentials, celebrity ties and globe-spanning ventures. Today, the property is drawing attention for another reason: allegations that it has quietly operated as an unlicensed short-term rental. The property at 119 East 17th Street appears to have hosted…
Beginning in April 2025, silver began a rapid ascent, nearly quadrupling in price from about $29 per ounce to a peak of more than $115 per ounce in January of this year. The price increase was driven by the growing demand for silver to serve the massive AI data center build-out. Those cloud facilities use…
SOME CARD INFO MAY BE OUTDATED This page includes information about these cards, currently unavailable on NerdWallet. The information has been collected by NerdWallet and has not been provided or reviewed by the card issuer. Chase Sapphire Lounge by The Club locations are about to get more exclusive. Starting Aug. 15, 2026, members of Priority…
Ritesh Malik, founder of co-working startup Innov8, has purchased a bungalow in Delhi’s elite Golf Links locality for around ₹85 crore. The deal spotlights the growing appetite among new-age entrepreneurs for trophy homes in one of the Capital’s most tightly held residential markets. The transaction was facilitated by India Sotheby’s International Realty….
And some commentators say the housing crisis won’t be resolved without a laser focus on the main problem: the fact that eyewatering home prices are making it almost impossible for many buyers to put together the money needed. That’s particularly true in markets like Toronto and Vancouver, where average prices remain well above what many…
GFP Real Estate announced today that New York-based law firm Kelman Winston & Vallone PC has signed a five-year, four-month lease for 2,695 square feet at 520 Eighth Ave. Kelman Winston will relocate to newly improved office space on the 14th floor, previously occupied by LightbulbLive. The move will provide the firm with upgraded office space while allowing it to…
A new company brings a new name. Two months after multifamily giants AvalonBay Communities and Equity Residential merged to form one of the country’s largest real estate companies — the total enterprise value is calculated at $71 billion — the two firms announced Friday that their new company will be called Vivmark Residential. SEE ALSO:…
LPL Financial said its recruited assets were $25 billion during the second quarter, up 35% from a year ago and about 47% sequentially, as the firm’s recruiters return to their organic recruiting efforts. The firm has recruited $89 billion over the trailing 12-month period, the company reported. LPL is on track to complete the conversion…