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PFSI

webadmin 2025-09-20

PFSI

Adjustable-rate mortgages are staging a comeback as buyers seek lower rates

webadmin 2025-09-20

A type of mortgage that fell out of favor in the aftermath of the financial crisis is catching on again. Adjustable-rate mortgage demand has surged this year, making up 12.9% of all originations ...

Stocks Show Little Geopolitical Worry After $16 Trillion Rally

webadmin 2025-09-20

And the Federal Reserve’s interest-rate cut this week has all but cemented confidence on further gains into the year end. (Bloomberg) — It’s long been a somewhat unseemly fact about ...

Mandelson ally facing High Court battle over debts

webadmin 2025-09-20

Anthony Watson stepped away from The Bank of London in Sept 2024 – Wikimedia Commons A leading Labour Party donor is battling to stave off the threat of bankruptcy in a court case over ...

Reid Hoffman says he does the ‘max subscription’ across AI agents. That would cost at least $650 a month.

webadmin 2025-09-20

Reid Hoffman says he pays for max subscriptions across all AI tools. The LinkedIn cofounder says he often takes an initial prompt and then feeds it to multiple agents. Hoffman’s AI hac...

Steak prices exceed £30 as restaurants battle soaring beef prices

webadmin 2025-09-20

Britain’s steakhouses are poised to start charging at least £30 for a piece of steak as restaurants grapple with soaring beef prices. Diners have been warned to expect significant price increases ...