Author: Jordan

The Renters’ Rights Act is set to trigger a fundamental shift in how lenders assess risk in the buy-to-let sector, as changes to tenancy structures and rent controls impact income predictability. Lenders are expected to face increased uncertainty around landlord cashflows, particularly as the move to open-ended tenancies and restrictions on rent increases reduce visibility over future rental income. The changes come at a time when affordability modelling remains relatively static across much of the market, with many firms reviewing cost and void assumptions only once a year. This approach risks falling behind the pace of regulatory change and growing volatility within…

BlackRock (BLK 2.09%) and Blue Owl Capital (OWL 3.83%) have both imposed limits on redemptions from their privately traded credit funds. That has Wall Street on edge about the entire alternative asset space, with shares of Brookfield Corporation (BN 1.00%) having gone sideways so far in 2026 despite management’s still bullish business outlook. The company isn’t sitting around and waiting for investors to catch on to the opportunity. Brookfield Corporation has a strong core As an asset manager, Brookfield Corporation charges fees to invest on behalf of other people and businesses. In the first quarter of 2026, the company’s fee-related…

The SpaceX initial public offering (IPO) is set to take place on June 12, with the company raising $75 billion at a valuation of $1.77 trillion. The sheer size of SpaceX has ripple effects through the investing world, from the major indexes to exchange-traded funds (ETFs). Although SpaceX was initially expected to be fast-tracked for entry into the S&P 500 (SNPINDEX: ^GSPC), S&P Dow Jones Indices released a press release on June 4 rejecting its earlier proposal. Now, SpaceX and other megacap companies like Anthropic and OpenAI will have to wait at least 12 months after their IPOs to join…

If you are like me and many other baby boomers, you probably own a house that has increased significantly in value over the past decade.But tapping that nest egg – tempting as it may be to consider doing it through a sale of your house – is no simple decision and requires a lot of planning and thought.Sign Up for Best AheadRetire smarter with weekly news from Tim Smart!By clicking “Sign Up”, you will receive the latest updates, including emails, from U.S. News & World Report and our trusted partners and sponsors, and you agree to our Terms and Conditions…

Olympian Cathy Freeman and her husband James Murch, from whom she is separated, are selling their Brighton mansion. Champion Olympic sprinter Cathy Freeman and husband James Murch, who are separated, have listed their Brighton mansion with $6m-$6.6m price hopes. Freeman won gold in the women’s 400m sprint at the 2000 Sydney Olympics, after lighting the Olympic flame at the opening ceremony. She also took home a silver medal in the 400m at the 1996 Olympics, plus a swag of World Championship and Commonwealth Games medals before retiring from athletics in 2003. RELATED: Olympic champion Mack Horton sells South Melbourne apartment…

The bank “courier” was supposed to collect a woman’s debit cards. Instead, an Uber driver pulled up, heard one question, and recognized the hand-off before it happened.The woman, who is in her 90s, lives in the Village of Oak Creek southeast of Sedona. Arizona’s Family reported that she received a call from someone pretending to be with Wells Fargo, according to the Yavapai County Sheriff’s Office.Deputies said the caller ID showed what looked like a legitimate Wells Fargo phone number. The caller told the woman that her debit cards and personal information had been hacked, then gave her an instruction…

Newcastle-based commercial property consultancy Knight Frank has strengthened its northern business rates team with the appointment of Paul Davinson and Ross Haywood as partners. Joining from JLL, Paul and Ross will play a key role in developing the firm’s rating services across its Newcastle, Leeds, Sheffield and Manchester offices. The pair bring extensive expertise in business rates and property consultancy, further enhancing Knight Frank’s specialist offering to clients across the North. Paul said: “This is a tremendous opportunity for me, as Knight Frank – already the best in town – look to expand their rates team. “Demand for specialist advice…

There was a 15% year-on-year decline in mortgage searches conducted on Twenty7tec, indicating caution among borrowers. The firm’s Mortgage Market Snapshot showed there were 1,590,911 searches on the platform in May, a 7% reduction on the month before.  Residential searches totalled 1,341,508, a 7% drop on April and a 16% decrease on the year before. Within this, purchase searches declined by 5% to 626,029, while first-time buyer searches contracted by 4% to 152,355.  The most severe decline was seen in remortgage activity, falling 9% month-on-month to 563,124. This was also 21% lower than a year ago.  Buy-to-let (BTL) remortgage searches also…

Prime Capital Financial announced the acquisition of Access Capital and the addition of financial advisor Sean Spencer, strengthening the firm’s presence in Kansas and expanding its services for business owners, families, and individuals seeking comprehensive wealth management and financial planning solutions. Based in Wichita, Spencer brings more than a decade of experience advising clients on complex financial matters, including business succession planning, estate and tax strategies, and charitable giving. After beginning his career in corporate finance, he transitioned into financial advisory services to help clients develop personalized financial plans aligned with their long-term goals. As part of the transaction, Spencer…

Indonesia just pulled off one of the most aggressive commodity policy moves in recent memory. Starting June 1, a new state-owned entity called PT Danantara Sumberdaya Indonesia (DSI) will serve as the sole export intermediary for the country’s most valuable strategic commodities: coal, crude palm oil, and ferroalloys. For context, those three categories alone generated roughly $65 billion in export revenue last year. That makes this not just an Indonesian story, but a global one. What DSI actually does President Prabowo Subianto unveiled the policy on May 20, framing it as a crackdown on mispricing and under-invoicing, two practices that…