Author: Jordan

For much of modern economic history, the value of a business was measured in tangible terms. Factories, machinery, inventory, and physical infrastructure formed the backbone of corporate balance sheets. The more assets a company owned, the stronger its perceived value.Today, that equation has fundamentally changed. The most valuable companies in the world are no longer defined by what they own physically, but by what they control intellectually. Data, brand equity, intellectual property, software, customer relationships, and organisational know-how have become the primary drivers of value.This transformation—often described as the “value shift”—is not incremental. It represents a structural redefinition of how…

In his recent note to shareholders, Jamie Dimon includes a startling number: $500 billion more mortgage credit a year would flow if the rules recognized that many lower-income borrowers aren’t also high-risk borrowers. JPMorgan Chase & Co. cares about this in part because it wants to make these mortgages, but we should care about it because we should want JPMorgan and other regulated lenders to provide the urgently-needed loans essential for reversing U.S. economic inequality. It’s not often we find a win-win policy — more credit without more risk — but the few, easy changes that would sharply increase mortgage…

AS REPORTED extensively across the national media, the UK’s dedicated Fire and Rescue Services are in the midst of responding to a sustained and escalating wildfire risk. The current run of incidents arises against the backdrop of a fifth heatwave this summer, prolonged drought and dry ground conditions that allow fires to take hold and spread rapidly.In those instances where wildfires reach the urban fringe, the risk shifts from land and wildlife to homes, with firefighters facing extremely challenging incidents in which people have lost property and possessions as the flames reach residential areas. According to the National Fire Chiefs…

Paragon Bank has reintroduced a feature allowing existing buy-to-let customers to move from a Bank Base Rate tracker mortgage to one of its fixed-rate switch products without incurring an early repayment charge. The Track to Fix option applies across Paragon’s tracker switch range for single self-contained properties, houses in multiple occupation and multi-unit blocks. Landlords can apply to switch to any available Paragon product switch fixed rate during the tracker term, subject to the eligibility requirements in place at the time. For single self-contained properties, two-year trackers are available at up to 75% loan-to-value. Rates start at 5.10%, equivalent to…

Cards Against Humanity is gearing up to build “something that will annoy Elon Musk,” and it’s crowdfunding the project with its usual flavor of vulgarity. The company behind the card game announced plans to build “a grand monument” to Musk on the parcel of land it owns near Starbase, Texas, with the aim to “make him wonder, for a brief moment, ‘Wait, am I a sad little bitch with no friends?’”Cards Against Humanity is known for these kinds of stunts, having purchased the land in question back in 2017 specifically to disrupt President Donald Trump’s plans to build a US/Mexico…

First Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group) and a pioneering force in Sri Lanka’s capital markets landscape, navigated a challenging first quarter of financial year 2026/27 amid heightened global economic uncertainty, geopolitical tensions and significant movements in interest rates. While market conditions placed pressure on fixed income trading activities, the Group’s diversified business portfolio continued to deliver positive contributions across its Corporate Finance Advisory, Corporate Dealing Securities, Wealth Management and Stock Brokering businesses.First Capital Holdings PLC (the Group) recorded a Loss after Tax of Rs. 726Mn for the quarter ended 30 June 2026, compared to a Profit…

ModaMortgages has reduced rates by up to 0.10% across its limited edition five-year fixed rate buy-to-let range. The reduction means the specialist lender’s limited edition five-year fixed rate products, which feature no application or valuation fees, now start from 5.04% for single dwelling properties and from 5.14% for HMO and MUFB properties with up to six bedrooms or units. Products are available to individual and limited company landlords up to 80% LTV, with a choice of fee options. Becki Fraser-Tucker, head of sales at ModaMortgages, said: “We’re delighted to announce this reduction which makes our limited edition range…

Published Sat, Aug 15, 2026 · 12:09 PM[NEW YORK] Three weeks ago, Wall Street’s casino crowd took a beating. AI stocks buckled, semiconductor shares tumbled and leveraged trades unravelled.Now many of those speculative trades are snapping back just as quickly.Fresh money is flowing into leveraged exchange-traded funds, the same products that only weeks ago sat at the center of concerns that retail speculation had gone too far. Call buying has surged and many of tech trades punished only recently are once again among the market’s biggest winners.Strong corporate earnings and a resilient economy have helped the bull market absorb the…

The US dollar remains the most sought-after foreign currency among Indian travellers, but demand is spreading to a wider range of destination currencies as Indians explore more international travel corridors.The Thai baht, UAE dirham, Singapore dollar, Malaysian ringgit and Vietnamese dong are gaining traction alongside the dollar, according to Thomas Cook India’s India Forex Report 2026.The report is based on the company’s forex transaction data between April 2025 and March 2026.The US dollar accounted for 49% of forex demand in the period. Europe-linked currencies made up another 23%, followed by Asia at 11% and the Middle East at 9%. Australia…

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