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Latest Articles
Fed’s Musalem says on CNBC he won’t prejudge rate call view for September FOMC
9+ hour, 1+ min ago (254+ words) Aug 20 (Reuters) – Federal Reserve Bank of St. Louis President Alberto Musalem said on Thursday that while he is keeping an open mind about what sort of policy action he will recommend at next month’s central bank rate-setting meeting, he implied…...
News / Clean vehicle standard to stay
10+ min ago (285+ words) The government has announced it will retain the clean vehicle standard (CVS) for new and used imports after a review of how it works. Officials will now engage with the automotive industry on settings and report back early next year....
30-Year Treasury Yield Hits 19-Year High: What It Means for Investors in 2026
28+ min ago (1340+ words) The implications extend far beyond bond markets. Rising Treasury yields are increasing mortgage rates, pressuring stock valuations, and creating both opportunities and risks across asset classes. Investors who understand these dynamics can position themselves to benefit from higher income generation…...
Estee Lauder reports strong sales on back of Chinese mainland market
17+ min ago (340+ words) The Estee Lauder Companies closed fiscal 2026 with its strongest quarter of the year, as its Chinese mainland business gained market share for a sixth consecutive quarter and organic net sales rose nine percent, outpacing the broader prestige beauty market in…...
From euphoria to despair, Korea reckons with stock mania's emotional toll
16+ min ago (1053+ words) The 30% decline in the KOSPI benchmark since its June 19 peak has hurt President Lee Jae Myung's government politically and turned the spotlight on an economic system that drove retail investors into poorly understood leveraged products. It has also raised questions…...
Korea's Commercial Real Estate 'Data Giant' Attracts NPS, GIC and Blackstone
1+ hour, 52+ min ago (609+ words) The property, previously owned by Koramco REITs Management and Trust, was sold in October 2025 for KRW 432 billion, equivalent to KRW 36.7 million per py. RSQUARE formed a consortium with Deloitte Anjin and participated throughout the entire advisory process, including the identification…...
Mortgage rates ease again, but remain higher than this time last year:: WRAL.com
10+ hour, 14+ min ago (368+ words) The average long-term U.S. mortgage rate eased for the second week in a row, but remains elevated compared with this time last year. The benchmark 30-year fixed rate mortgage rate fell to 6.65% from 6.67% last week, mortgage buyer Freddie Mac said Thursday....
Resource boom could trigger generational construction cycle
18+ min ago (361+ words) Namibia’s emerging oil and gas industry, green hydrogen developments and expanding mining activity could create a multi-decade construction and infrastructure pipeline that significantly exceeds what is currently reflected in monthly building approval statistics, according to Simonis Storm. In its latest…...
Fed’s Musalem says on CNBC he won’t prejudge rate call view for September FOMC | 92.7 The Van WYVN | Holland's Classic Hits
11+ hour, 46+ min ago (254+ words) Aug 20 (Reuters) – Federal Reserve Bank of St. Louis President Alberto Musalem said on Thursday that while he is keeping an open mind about what sort of policy action he will recommend at next month’s central bank rate-setting meeting, he implied…...
Confidence shows ‘partial recovery’ ahead of crucial budget
5+ hour, 39+ min ago (456+ words) Confidence within the food and drink manufacturing sector has “partially recovered” after the huge crash at the start of the year, a new survey from the FDF shows. However, the survey of business sentiment in Q2 shows the work Andy Burnham…...