For a long time, all-inclusive resorts had a less-than-stellar reputation. Think: mediocre buffet food, watered-down drinks, and a stigma of quantity over quality. However, over the past decade, there’s been a significant shift in perception, and the major hotel chains have finally gone all-in on all-inclusives. Hyatt, Hilton, and Marriott have each invested heavily in…
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Bruce Gehrke (pictured top), senior director of wealth and lending intelligence at JD Power, said the home equity numbers in particular stood out. “In just home equity — HELOC — the number is over 40% of current borrowers who opened a new HELOC within the last three months have used artificial intelligence to drive that…
Would-be sellers backed off, too, with new listings falling to their lowest level since the start of 2026. U.S. pending home sales fell 2.2% week over week during the four weeks ending July 12, the first decline in a month. Some house hunters backed off due to stubbornly high housing costs. The weekly average mortgage…
Russell Vought, the outgoing acting director of the Consumer Financial Protection Bureau (CFPB), defended his 17-month record of reining in the agency’s enforcement apparatus during Senate testimony on Thursday, his first appearance before the upper chamber since taking over the bureau last February. During his tenure, Vought has championed an overhaul at the CFPB that…
To effectively engage your customers, start by personalizing your communications. Use tools that allow you to tailor messages based on customer preferences. Next, harness storytelling to create emotional connections. Don’t forget to produce valuable content that makes decision-making easier for your audience. Consider an omnichannel approach for a seamless experience across platforms. By measuring success…
Last week, Apple sued OpenAI, accusing the AI giant of misappropriating trade secrets. Recent revelations are complicating the initial case.
Canada’s abrupt population slowdown is reshaping the housing market, easing pressure on rents while weighing on investor-owned condominiums and future residential construction, according to BMO Economics. After reaching century highs in 2023 and 2024, Canada’s population declined in 2025, marking the first annual drop on record dating back to Confederation, BMO said. The reversal has…
As conversations among financial advisors increasingly focus on volatility and whether the market is in an artificial intelligence bubble, executives at Vanguard have some reassuring news. The company forecasts 2.3% U.S. GDP growth in 2026 and 3% growth in 2027, largely driven by the continued evolution and investment in AI technology. Vanguard researchers estimate that…
Reverse mortgage rates have fallen across Canada, but the latest cuts were not triggered by the Bank of Canada and were less directly tied to bond-market movements than conventional mortgage rates. In late June, Equitable Bank lowered the 5-year fixed rate on its Flex Lite reverse mortgage from 6.44% to 6.23%. Days later, Bloom Financial…