Author: Jordan

KPMG Australia analysis of ABS data on home loans, personal loans and credit cards interest payments over the past 40 years reveals households are now facing one of the heaviest interest burdens on record.Over the past two years, households have tougher conditions than they did when the RBA cash rate reached 17.5 percent in 1989. The KPMG analysis looked at interest payment to income as an average across all households, not just those with home loans. The ratio reflects, interest payments and not principal repayments. After hitting a historical low of 2.6 percent in the March quarter 2022, interest payments on debt…

Financial data and analytics provider FactSet has entered into a strategic partnership with Google Cloud to expand the use of agentic AI across financial services, according to a recent press release. The companies said the collaboration combines FactSet’s financial intelligence platform with Google Cloud’s AI models and infrastructure to deliver workflow-specific AI solutions supported by trusted, fully sourced data suitable for regulated environments. Under the agreement, FactSet will embed Google’s Gemini models and enterprise search capabilities into its Workstation, deepen integration with Gemini Enterprise to improve interoperability between the two platforms, and jointly develop AI agents for investment research, portfolio…

RBC Enhanced North American Value Fund – ETF Series, RBC Enhanced Quant Canadian Dividend Leaders Fund – ETF Series and RBC Enhanced Quant U.S. Dividend Leaders Fund – ETF Series provide investors with access to alternative investment strategies managed by RBC Global Asset Management Inc. TORONTO, June 9, 2026 /CNW/ – The RBC iShares alliance today announced the launch of three new ETF Series of RBC Funds (“ETF Series”), expanding its suite of alternative investment solutions for Canadian investors and advisors. The new ETF Series are managed by RBC Global Asset Management Inc. (“RBC GAM Inc.”) and are expected to begin…

The specialist buy-to-let lender’s new special edition range offers a 0.15% reduction on the core range, with rates starting at 3.34%. Keystone Property Finance has launched a number of special edition house in multiple occupation (HMO) and multi-unit freehold block (MUFB) products as part of a streamlining of its buy-to-let (BTL) range. The specialist buy-to-let lender’s new special edition range offers a 0.15% reduction on the core range, with rates starting at 3.34%. Keystone has also simplified its fee structure as part of a major streamlining of its range, and now offers 2.5%, 5% and 7% fee options across its…

Emergency services were called to Broomcroft Road around 12.40am on Saturday (July 4).17:30, 04 Jul 2026Updated 17:37, 04 Jul 2026Police car and tape cordonPolice are investigating a ‘wilful’ fire attack after a car was set alight outside a home in Newton Mearns.Scottish Fire and Rescue Service put out the blaze after 999 calls around 12.40am on Saturday (July 4), reports STV News.There were no reported injuries at the property on Broomcroft Road.A Police Scotland spokesperson said: “The fire is being treated as wilful and enquiries are ongoing.”Anyone with information can call reference 0164 of 4 July.”It follows several separate incidents…

While regularly contributing to your 401(k) account is a smart move, understanding exactly what that money is going into is essential for a strong retirement plan. According to Vanguard’s 2026 How America Saves report, 61% of 401(k) plan participants had money in a single target-date fund last year. This isn’t surprising considering that these funds are the default option in many 401(k) accounts.However, relying solely on target-date funds can be a financial mistake that hinders you from reaching your savings goal. Understanding their limits and alternatives can help you make a more informed investment decision.Find Out: I can’t believe this…

Ten years after the release of Chance the Rapper’ mixtape Coloring Book, the project has landed an RIAA Platinum certification. According to the official website for the Recording Industry Association of America, as of June 26, the mixtape, which included singles “No Problem” and “Angels,” has moved one million units. The mixtape debuted at No. 8 on the Billboard 200 upon its May 13, 2016 release and won Best Rap Album at the 59th Annual Grammy Awards, becoming the first streaming-only project to earn a golden gramophone.The Chicago native, who will embark on The Coloring Book Ten Year Anniversary Tour…

Savita Subramanian, Bank of America Securities’ head of US equity and quantitative strategy, took to CNBC this week with a simple message. Corporate earnings are “gangbusters”, and the trade you actually want is the one no one is memeing about. Her pitch is that cyclicals are cheap, capex is accelerating, and the boring stuff has room to run for years, not quarters. Her framing: “Corporate earnings are actually gangbusters this year. I mean, we started the year above consensus at 15%. We’re now tracking something like 20% earnings growth, which is basically a multiple on the average earnings growth.” The…

Credit To Personal Loans Grew By 15.4% Credit to services sector registered a growth rate of 20.4 per cent y-o-y FinTech BizNews ServiceMumbai, July 3, 2026:  Data on sectoral deployment of bank credit for the month of May 2026, collected from 41 select scheduled commercial banks (SCBs) which together account for about 95 per cent of the total non-food credit by all SCBs1, are set out in Statements I and II.On a year-on-year (y-o-y) basis, non-food bank credit2 grew by 17.4 per cent as on the fortnight ended May 31, 2026, compared to 8.8 per cent during the corresponding…

Ethanol-based SAF gains traction in South Korea as aviation sector eyes 2030 mandates S&P Global Source link