While mortgage rates have inched up slightly this week, homebuyers are still facing significantly lower borrowing costs compared to last year's peak. We break down the monthly and long-term savings on a typical home purchase.
David Einhorn's Greenlight Capital has closed its position in insurer Brighthouse Financial following a sale agreement, detailing the move in its latest investor letter. The hedge fund reported solid quarterly returns but continues to trail the broader market.
Newly launched oral weight-loss drug Wegovy from Novo Nordisk recorded more than 26,000 U.S. prescriptions in its second full week, signaling robust early demand as competition with Eli Lilly intensifies.
While rising prices are felt at the checkout line, their long-term erosion of retirement savings is often overlooked. Experts warn that cumulative inflation across essential categories could create a six-figure shortfall for unprepared retirees.
A Minnesota pizza worker's audacious and poorly executed scheme to impersonate a federal officer and secure the release of Luigi Mangione, the man accused of assassinating a healthcare CEO, has resulted in his own arrest at a Brooklyn detention center.
With key self-assessment deadlines approaching, property investors must navigate a changed landscape of tax reliefs and allowable expenses to minimise their liabilities. Experts urge early preparation to avoid costly surprises.
A quirk in the UK tax system means those earning between £100,000 and £125,140 face an effective 60% marginal tax rate, while also losing crucial childcare benefits. We examine the growing trap and the financial planning strategies to navigate it.
Shares and bonds of New World Development surged after reports that Blackstone is in advanced talks to become its largest shareholder, a potential lifeline for the embattled Hong Kong property giant and a signal of shifting sentiment in the city's real estate market.
A new analysis reveals the stark reality of homeownership in California, where residents in its largest cities are spending a historically high share of income on housing, pushing the dream of owning a home out of reach for many.
As a profitable outlier in a battered sector, Ethos Technologies' successful IPO marks a pivotal test for investor appetite in 2026's tech listings, even as its debut valuation reflects a more sober market reality.
As trillions pass to heirs, inheriting property often brings complex financial obligations, from taxes to upkeep, that can erode perceived wealth gains. Experts urge careful planning to navigate the emotional and fiscal challenges.
As bankruptcies ripple through the logistics sector, tech firm Hwy Haul bets its new autonomous AI platform can slash manual work by up to 80% and restore profitability for freight brokers and shippers alike.
A Fairfax County jury has convicted Brendan Banfield on two counts of aggravated murder for orchestrating the deaths of his wife and another man in a complex scheme with the family's live-in nanny.
For the second consecutive year, a Chicago-based financial institution has become the nation's first bank to fail. Regulators shuttered Metropolitan Capital Bank & Trust on Friday, citing unsafe practices and depleted capital. The FDIC swiftly arranged for Detroit's First Independence Bank to assume most deposits and assets, ensuring customer funds remain secure.
In a landmark move, Venezuela's interim government has enacted a sweeping reform of its oil industry, dismantling the state monopoly that defined its socialist era. While aimed at reviving production, the new hybrid system raises critical questions about transparency, U.S. influence, and its true appeal to foreign capital.
President Claudia Sheinbaum commits to humanitarian support and exploring fuel shipments to Cuba, directly challenging Trump administration efforts to isolate Havana. The move risks escalating tensions ahead of crucial U.S.-Mexico trade talks.
The reopening of Gaza's Rafah crossing for medical evacuations brought a glimmer of hope, but stringent Israeli restrictions limited departures to just five patients on the first day, leaving thousands in critical need still waiting.
Interim President Delcy Rodriguez met with U.S. Special Envoy Laura Dogu in Caracas, marking a significant step in the gradual restoration of bilateral ties severed four years ago.
Amazon will phase out its Amazon One palm recognition service across all U.S. retail locations by mid-2026, citing low adoption. The move signals a strategic pullback from in-store biometrics amid privacy debates and a broader refocusing of its physical store strategy.
In a landmark shift, Venezuela's interim government has enacted a sweeping reform of its oil industry, dismantling decades of state control. The move aims to revive production but faces deep-seated risks and questions over who will truly benefit.
