Why REITs aren’t getting killed by rising interest rates this time around
REITs have been seen as a low interest rate play. But some experts are making the case that real estate fundamentals today are outweighing even rising rates.
PepsiCo cuts earnings forecast as North American turnaround takes longer than expected
Pepsi’s North American business continues to lag behind its international markets.
Trump awarding medals to Musk, Dell, Nadella and other tech execs at science summit
President Trump is giving awards to a number of top tech executives at a summit on Thursday.
FCC to vote on auctioning 25MHz of ‘prime spectrum’ in move that could benefit Amazon, SpaceX
SpaceX and Amazon have moved to expand providing direct-to-device services with networks of satellites.
Trump doesn’t think Russia plague incident is bioweapon, plans Putin call Wednesday
Nearly 200 people were placed under medical observation earlier this week in Russia’s Irkutsk region in eastern Siberia over suspected exposure to plague.
Fed officials see another hike coming, but no sign as to when, minutes show
The Federal Reserve on Wednesday released minutes from its Sept. 15-16 policy meeting.
Inflation fears on the rise as one-year outlook in Fed survey hits highest level since May 2023
The Survey of Consumer Expectations indicated that the median outlook for inflation over the next 12 months rose to 3.9%.
Trading platform Webull’s China ties create national security risk, congressional panel finds; stock drops 18%
A congressional committee says trading platform Webull is not the ordinary U.S. company it claims, but exposes customer data to Chinese surveillance risk.
Refinance demand is now half what it was a year ago, as mortgage rates rise again
Mortgage rates rose to the highest level in nearly three years, causing demand for both refinancing and homebuying to decline even further.
Meta’s Muse assistant tops app charts. Now it needs to become a habit
Meta’s Muse is free for now as the company searches for a business surrounding its personal AI agent.
