July 2026 24 July 2026 External communication Publication of the 2026 ECB Convergence Report On 24 June 2026 the ECB published its Convergence Report assessing the progress made towards euro adoption in the Czech Republic, Hungary, Poland, Romania and Sweden, following its adoption by the General Council of the ECB. Prepared in accordance with Article…
Occidental Petroleum (OXY -0.31%), the oil and gas giant more commonly known as Oxy, set a 52-week high of $67.45 per share on March 31. That year-to-date gain of nearly 60% was mainly fueled by the Middle East conflict’s impact on global oil prices. But after hitting a four-year high of $112.25 per barrel in…
If you’re here looking for lower mortgage interest rates, today is definitely not your day. Daily average rates jumped to their highest level we’ve seen this year. The average interest rate on a 30-year, fixed-rate mortgage rose to 6.62% APR, according to rates provided to NerdWallet by Zillow. This is 10 basis points higher than…
Business Insider’s aviation reporters have flown economy with over two dozen airlines, but Emirates’ Airbus A350 has the fanciest coach cabin we’ve seen by far. The Dubai-based airline unveiled the U-Dream headrest on Monday, and we got to try it out at the UK’s Farnborough Airshow. It features two side wings that fold down and…
The life sciences boom isn’t finished yet. Gemdale USA has secured $90 million in mezzanine debt to refinance Aperture Del Mar, a 538,000-square-foot Class A life science campus that recently opened in San Diego, Calif. SEE ALSO: Nomura Prices Largest Single-Bank SASB CMBS in Two Years Tishman Speyer and bellco capital, through their Breakthrough Properties…
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The space sector is changing almost at the speed of a high-powered rocket. Among the numerous developments in the business recently, one in particular could make quite a difference: Rocket Lab‘s (RKLB -3.80%) $8 billion deal for satellite telecom company Iridium Communications (IRDM -1.72%). Rocket Lab is touting the acquisition as transformational. While there’s some…
Key Points AGNC Investment (NASDAQ: AGNC) stands out for its mammoth monthly dividend. The real estate investment trust (REIT) currently yields 13.4%, more than 10 times higher than the S&P 500 (1.1% yield). The mortgage REIT supports its ultra-high-yielding payout with a large portfolio of mortgage investments. Here’s a look at the portfolio behind AGNC…
The Financial Action Task Force is urging governments to bring decentralized finance platforms under anti-money laundering rules when developers, token holders or other identifiable parties retain meaningful control. It warned that many purportedly decentralized platforms are not as decentralized as they claim. In a report published Tuesday (July 21), new report, the Paris-based global anti-money…
Bond prices will dive as structural inflation builds, says hedge fund manager