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News
US Housing Market: Why Renting Now Beats Buying
6+ day, 15+ hour ago (1647+ words) For most of the last 15 years, buying a house was cheaper than renting one. Buying has gotten so expensive that sellers cannot sell - so they're cutting prices and throwing in extras, because buyers keep running the numbers and choosing to…...
SEC Sues ISS for Client Proxy Voting Data
1+ week, 1+ day ago (1215+ words) Briefs Finance SEC takes ISS to court over client-level proxy voting data - The SEC went to federal court seeking an order that would force Institutional Shareholder Services to hand over client-identifying proxy voting data spanning four years. - Opened in March,…...
Trump Calls Iran Conflict 'Small Potatoes"
1+ week, 2+ day ago (978+ words) Trump Calls Iran War "Small Potatoes," Siding With Vance on Label Briefs Finance Trump Calls Iran War "Small Potatoes," Siding With Vance on Label - Fighting in Iran has stretched past six months as top officials downplay its scale. - Trump agreed…...
NY Fed's Williams: Rising Yields Signal Strength
1+ week, 4+ day ago (1059+ words) Briefs Finance New York Fed's Williams says rising yields reflect economic strength, not broken markets - New York Fed President John Williams said the recent rise in Treasury yields looks like a healthy response to a strong economy, not a sign…...
TMTG Defends Paid Early Access to Trump Posts
2+ week, 6+ day ago (610+ words) Truth Social's parent company is standing behind a product that lets wealthy clients see Donald Trump's posts before everyone else. Kevin McGurn, the interim CEO of Trump Media & Technology Group, defended the service on CNBC's "Squawk Box" Monday. He also…...
NYC Allocates $4B to Fix Brooklyn-Queens Expressway
2+ week, 6+ day ago (447+ words) The Brooklyn-Queens Expressway has seen better days. The highway's age is evident. It has been 20 years past its intended design life, and the daily grind of traffic is taking a toll. "The infrastructure is 20 years past its design life and…...
FTC Renews One-Click Cancellation Effort After Ruling
3+ week, 20+ hour ago (559+ words) The FTC made that the law in 2024, requiring companies to clearly disclose terms, get explicit consent before billing, and offer cancellation that is just as easy as sign-up. It did not last long. A federal appeals court overturned the rule…...
NYSE Owner Eyes Stake in Polymarket's Next Funding Round
3+ week, 3+ day ago (589+ words) The company behind the New York Stock Exchange is thinking about putting more money into a betting market platform that has exploded in popularity. Intercontinental Exchange Inc., which owns the NYSE, may join Polymarket's next funding round. CEO Jeff Sprecher…...
Treasury Bond Buyback Plan Could Grow Past $4 Billion
3+ week, 3+ day ago (259+ words) The U.S. Treasury is ramping up its bond buyback program. Secretary Scott Bessent told CNBC on Thursday that the plan could top the $4 billion the department announced earlier in the week. That came after the Treasury announced it would double the…...
Treasury Doubles Buyback Plan, Long-Term Yields Ease
3+ week, 4+ day ago (523+ words) Wednesday brought a reversal in longer-term U.S. government debt, with prices firming after several days of selling. The catalyst was the Treasury Department's plan to expand its buyback of long-term obligations. The 30-year Treasury's yield settled at 5.194%, down more than nine…...