Author: Jordan

Despite the steep correction and increased volatility, gold remains one of the best-performing assets over the last 12 months.It feels like gold has tanked this year, but the yellow metal was only down about 7 percent through the first six months of 2026. The sharp price rally to kick off the year exacerbated the scope of the ensuing correction. Gold is down about 28 percent from its record highs.100 Gram Gold Bar (Brand our Choice)Price & BuyGold started the year with a bang, hitting 12 all-time highs and pushing above $5,000 an ounce in January. After a brief spike at…

If signed into law, a bill proposed last week by Ohio Republicans would make the state the first to rescind online sports betting. Ohio could dramatically alter its sports betting landscape, including barring credit cards to fund accounts. (Image: Shutterstock) House Bill 971 (HB 917), also known as the “Save Ohio Sports Act,” proposes drastic alterations to sports wagering in the Buckeye State, including making that form of wagering available only a brick-and-mortar casinos. Rep. Jonathan Newman (R-Troy) says Ohio schools — the supposed beneficiaries of online sports wagering in the state — don’t come out ahead with that form…

Buy-to-let mortgage rates have fallen from their 2023 highs, but they are still well above the levels that many landlords had fixed at when the base rate was lower, and borrowing was cheap. That leaves landlords facing a tricky decision when a deal ends: lock in now with a longer fix, take a shorter one and hope rates are lower next time, or risk a tracker that moves with the base rate. Moneyfacts data shows the average two-year fixed buy-to-let rate is 4.7%, while the average five-year fix is 5.09%. Those figures are a useful guide for landlords remortgaging this…

Private market secondaries have moved firmly into the spotlight. As private markets open to individual investors, the strategy that buys existing assets, often below their most recent net asset value, has moved from a niche corner of institutional portfolios to a central pillar of the wealth channel.With that attention comes scrutiny. And much of it has focused on one feature in particular: the discount. The common question of investors looking to determine the quality of a secondaries strategy is “What’s the discount?”It is an understandable focus. The idea that a buyer can step into a private market interest below its…

High-spending online gamblers will face financial checks in UK Financial Times Source link

Cryptocurrency prices show mixed movements with Bitcoin around $64,000 and notable gains in ZEC and DASH. Pluang Source link

According to the Zillow lender marketplace, the average 30-year fixed rate is 6.36%, down 4 basis points since yesterday. The 15-year fixed loan is currently at 5.83%, 3 basis points lower than yesterday. The 5/1 ARM is 6.31%, 21 basis points lower than on Monday. Weekly survey of mortgage lenders with the lowest rates: Rates bubble higher Today’s mortgage rates Here are the current mortgage rates, according to our latest Zillow data, for Tuesday, July 7, 2026: 30-year fixed: 6.36% 20-year fixed: 6.24% 15-year fixed: 5.83% 5/1 ARM: 6.31% 7/1 ARM: 6.24% 30-year VA: 5.76% 15-year VA: 5.49% 5/1 VA: 5.82%…

Ares Management Corp (NYSE:ARES), a leading global alternative investment manager, has attracted significant analyst attention in recent months as the firm positions itself to capitalize on evolving market conditions. The company operates across three primary business segments: credit, private equity, and real estate, managing assets for institutional and individual investors worldwide. The alternative asset management landscape has experienced notable shifts through the first half of 2026, with firms like Ares navigating challenges in certain markets while identifying substantial opportunities in others. Analysts have expressed confidence in the company’s ability to leverage its diversified platform and strategic positioning to drive long-term…

Following his first major policy speech as potential Labour leader, Andy Burnham has pledged what he describes as the biggest transfer of power away from Whitehall in decades.His proposals would give more decision-making powers to regional mayors and local authorities, with housing, planning and regeneration expected to play a central role.While these plans are still at an early stage, they raise an important question for landlords: could greater local control create new investment opportunities across the UK?What is Burnham proposing?Burnham believes stronger regional decision-making is key to boosting economic growth, arguing that local leaders are often better placed to understand…

As banks battle for deposits, U.S. Bank is leaning into a particular product suite to woo Gen Z customers.  Gen Z thinks about banking as “the place where they have their primary payment vector,” which might be a peer-to-peer payment platform or a credit card, rather than where they have a checking account, said Arijit Roy, the Minneapolis-based lender’s head of consumer and business banking products.  “They identify with banking almost with their payments vehicle as the lead-in,” he said. That’s inspired the bank to make its Bank Smartly credit card quick and easy to apply for and tie it…