• Dan Blystone
  • 9 hours ago
UK asylum system to recover accommodation costs from eligible migrants
The UK government is moving to make some asylum seekers repay part of the public cost of their accommodation and support as it introduces new immigration legislation to Parliament. The planned ...
  • Dan Blystone
  • 10 hours ago
Philip Morris wins FDA nod to market Zyn as lower-risk nicotine product in the U.S.
The U.S. nicotine market is shifting further toward smoke-free products as cigarette sales continue to decline and tobacco groups push alternative offerings. The Food and Drug Administration now ...
  • Ashutosh Sureka
  • 11 hours ago
Freddie Mac multifamily deal secures Fitch final ratings on $250 million mortgage pool
The latest Freddie Mac securitization adds to ongoing funding activity in the U.S. multifamily market with a transaction backed by properties across the country. The deal closes on June 30, 2026, ...
  • Ashutosh Sureka
  • 13 hours ago
Trump nominates Keith Sonderling to lead U.S. Labor Department
President Trump is nominating Acting Secretary of Labor Keith Sonderling to serve permanently as head of the U.S. Department of Labor. The move draws immediate backing from House Education and ...
  • Ashutosh Sureka
  • 15 hours ago
Russell 2000 small-cap rally gains momentum as AI trade widens across U.S. market
After years of lagging larger U.S. equities, small-cap stocks are posting one of their strongest starts to a year in decades as investor enthusiasm extends beyond mega-cap technology names. The ...
  • Ciaran Ryan
  • 16 hours ago
Sterling eases against U.S. dollar, gains on euro as UK political outlook steadies
Currency markets are reacting cautiously to shifting political expectations in Britain and fresh economic data from Europe and the U.S. Sterling slips against the dollar on Tuesday after a ...
  • Ashutosh Sureka
  • 16 hours ago
UK watchdog targets Apple and Google app store fees
Britain’s competition regulator is moving to reshape how mobile app payments work, with proposals that could let developers steer users outside Apple and Google’s app stores. The consultation ...
  • Ashutosh Sureka
  • 16 hours ago
U.S. set to trigger USMCA sunset review as trade talks with Mexico and Canada continue
North America's trade framework is entering a formal review phase as Washington prepares to withhold support for extending the U.S.-Mexico-Canada Agreement. The move starts a 10-year countdown ...
  • Olga Shendetskaya
  • 17 hours ago
ECB rate path remains uncertain despite U.S.-Iran ceasefire
Joachim Nagel, a member of the European Central Bank’s Governing Council and president of the Bundesbank, warned that inflation could remain significantly above target even after the U.S. and ...
  • Dan Blystone
  • 18 hours ago
New York City rent freeze takes effect for stabilized apartments from October 2026
New York City is moving ahead with a rent freeze for about 1 million rent-stabilized apartments after a key board vote backed the measure. The policy applies to eligible one- and two-year leases ...
  • Ivan Andriyenko
  • 18 hours ago
France inflation falls to ECB target after energy costs retreat
​French inflation eased more sharply than expected in June, giving the European Central Bank some relief after a recent energy-driven rise in price pressures. The slowdown was led by lower ...
  • Dan Blystone
  • 19 hours ago
UK regulator consults on Apple and Google mobile platform rules
Britain’s digital markets regime is moving into a new phase as the Competition and Markets Authority proposes rules that could loosen Apple and Google’s control over app payments. The measures ...
  • Ciaran Ryan
  • 20 hours ago
Sainsbury’s sales growth slows in UK as consumer caution weighs on retail spending
UK supermarket trading is showing further signs of strain as households stay cautious and conflict-related uncertainty clouds the consumer outlook. Sainsbury’s says like-for-like sales excluding ...
  • Igor Krasulya
  • 20 hours ago
Yen hits historic low as U.S. rate gap keeps pressure on Japan
​The yen fell to its weakest level against the dollar since 1986, putting Japanese authorities back under pressure to defend the currency. The move past 162 per dollar has revived concern that ...
  • Dan Blystone
  • 20 hours ago
U.S. small caps face refinancing risk as Fed outlook turns less predictable
Investors are reassessing the path of U.S. monetary policy as Federal Reserve chair Kevin Warsh moves away from detailed guidance and leaves markets with a wider range of rate scenarios. That ...
  • Ciaran Ryan
  • 22 hours ago
UK government expands youth jobs drive as Labour seeks welfare reform without party revolt
Britain’s push to curb the welfare bill is centering on getting more young people into work rather than reviving an immediate confrontation over benefit cuts. The approach comes as Labour ...
  • Ashutosh Sureka
  • 22 hours ago
Magnificent Seven stocks lose $2.3 trillion as tech selloff deepens
Rising interest rates and weaker market sentiment are driving a sharp reassessment of major U.S. technology stocks. The pullback has erased about $2.3 trillion from the Magnificent Seven and is ...
  • Dan Blystone
  • Yesterday
UK business confidence weakens as cost pressures weigh on June outlook
British companies report weaker confidence in the economic outlook in June as cost pressures and broader uncertainty continue to affect sentiment. The decline is sharper in views on the wider ...
  • Ashutosh Sureka
  • Yesterday
UK shop price inflation holds steady as food price growth eases
UK shop price inflation remains unchanged in June as slower food price growth offsets rising costs in other categories. Food inflation falls to its lowest level since March 2025, helped by strong ...
  • Ashutosh Sureka
  • Yesterday
CoreVest American Finance 2026-1 Trust secures final Fitch ratings for U.S. rental-home financing
Institutional funding for single-family rental housing continues to expand in the U.S., with securitization remaining a key channel for capital flows into the sector. Fitch Ratings has now ...