A retailer born on the internet more than two decades ago is continuing to expand its physical footprint. The flagship Wayfair retail store in Willmette, Illinois Home goods retailer Wayfair plans to open a large showroom in Denver by the end of 2026, followed by four other stores in the U.S. in 2027, Bloomberg reported. The company…
For those who have missed it, SMSFs will soon be banned from entering into new limited recourse borrowing arrangements (LBRAs) to purchase residential property. The key date now being worked around is 10 August 2026, 45 days after royal assent of the new arrangements on 26 June 2026. Essentially, you need to be contracted on…
Pepper Money has cut mortgage rates across its residential range, including shared ownership Right to Buy and Help to Buy pricing. The lender said significant cuts had also been made to its two-year fixes. Following the reductions, its residential rates up to 75% loan to value (LTV) now start from 5.3%, and shared ownership…
Key insights: Seventeen banks, including BNY, Citi, HSBC, Standard Chartered and Wells Fargo, are preparing to test live, tokenized cross-border payments on the company’s blockchain-based orchestration platform. What’s at stake: The transition to a pilot stage is an important step for Swift as the rise of digital assets threaten its position as a key coordinator…
Long Island’s East End may be known for its trophy estates, but it was the middle market that drove sales in the region last quarter. While activity in the Hamptons and the North Fork ticked down in the second quarter, homes above the market’s entry level but short of its upper echelons accounted for the…
The 8th pay commission has extended its window seeking submission of data from various central and state government and union territory (UT) departments and ministries through its 8th CPC Online Data Portal. While the earlier deadline was on 30 June, this has now been extended to 31 July 2026 in an order this week, giving…
Listen to the article 10 min This audio is auto-generated. Please let us know if you have feedback. “Quite literally, what these AI tools are doing today is what I did for the first 10 years of my career.” That’s how Teikametrics CFO Brian Beaupre describes the rapid evolution of the use of artificial intelligence…
GrubHub/Blue Apron owner Wonder is reportedly arranging hundreds of millions of dollars in new funding. That’s according to a Wednesday (July 8) report from The Information, which said the round—potentially Wonder’s last before going public—could value the company at $9 billion. Wonder has arranged to give investors extra shares if its stock price in an…
The S&P 500 Index ($SPX) (SPY) today is up +0.48%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.26%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.27%. September E-mini S&P futures (ESU26) are up +0.49%, and September E-mini Nasdaq futures (NQU26) are up +1.26%. Stock indexes are climbing today, led by chipmakers, after South Korea’s SK…
Sebi has cancelled the registration certificates of 12 research analysts after they failed to pay renewal fees required to keep their registrations active. The order, issued on July 9, said every registered research analyst is required to pay renewal fees every five years from the date of registration. The regulator said the 12 entities and…