Author: Jordan

Gold fell 1% to $4,289.87 per ounce on Monday, June 8, 2026, sliding to a two-month low and trading below its 200-day moving average for the first time since October 2023, after Friday’s hotter-than-expected US jobs report revived bets on a Federal Reserve rate hike. Friday’s session alone stripped more than 3% off the price, the steepest single-day drop in recent weeks. The metal now sits roughly 23% below the $5,595 record set on January 29. So why is gold going down, and how far can this correction run?Friday’s drop erased gold’s entire 2026 advance, leaving it down 0.3% year…

Investcorp, a leading global alternative investment firm, today announces the launch of its AI Investment Framework. Detailed in a report that sets out a cross-platform approach to analyzing and capturing the opportunities presented by artificial intelligence (“AI”), the framework will be used across the firm’s investment activities in Private Equity, Real Assets and Credit. The framework outlines how Investcorp is integrating AI across its investment processes, portfolio construction and value creation strategies. It reflects the firm’s view that AI represents one of the most significant structural shifts in the global economy, with the potential to drive long-term productivity and growth…

L&G’s Mortgage Club has launched a specialist academy designed to help advisers build the confidence and technical skills needed to support clients with increasingly complex borrowing needs. The free-to-access programme combines a recognised industry qualification, specialist lender expertise, and practical learning tools within a single platform. 250 Mortgage Club members will take part in the pilot year, including advisers new to specialist lending and those looking to strengthen existing knowledge. Participants will work towards the Certified Practitioner in Specialist Property Finance (CPSP) qualification from the LIBF, part of Walbrook Institute London. The academy covers all CPSP modules, including…

SINGAPORE – Households here are better off than a year ago, with net worth rising 6.7 per cent, but are also taking on debt at a faster pace.Household liabilities grew by 8.2 per cent year on year in the first quarter of 2026, according to the latest household balance sheet released by the Department of Statistics (SingStat).This marked the 10th straight quarter in which household borrowing has picked up pace.Meanwhile, the financial and residential property assets held by households increased year on year by 6.8 per cent in the first quarter of 2026, although at a slower pace than the…

Key PointsBittensor, with a market cap of $2.5 billion, is the best-in-class AI crypto.Thanks to its use of subnets, Bittensor provides far more diversification than other AI cryptos.Two AI IPOs on deck for later this year could lead to a buying frenzy for AI cryptos such as Bittensor.The top names in crypto have been taking a beating in 2026. Bitcoin (CRYPTO: BTC) is down 27% as I write this. XRP (CRYPTO: XRP) is down 35%. Ethereum (CRYPTO: ETH) is down 40%. And Solana (CRYPTO: SOL) is down 45%.So, if you’re looking to put $1,000 to work in the crypto market…

Top Takeaways California will require all students to take a personal finance course in order to graduate high school, starting with the class of 2031. In Fresno Unified, a pioneer in developing the courses, students at most high schools are learning how to budget and build credit. A Fresno educator helping with the state’s rollout says the courses have become popular electives and draw high student engagement. On a recent Friday morning, Fresno Unified high school students learned about the rise and fall of major companies in the stock market — from Walmart’s longevity to Apple’s surge past oil companies…

Introduction The case of Ramasami Pattar v. Chinnan Asari adjudicated by the Madras High Court on April 3, 1901, addresses pivotal issues surrounding the equity of redemption and the right of preemption within the framework of mortgage agreements. The dispute arose when the defendants, representatives of the mortgagee, sought to enforce a covenant that potentially restricted the mortgagor’s right to redeem the property. This commentary delves into the intricacies of the judgment, exploring the legal principles established and their implications for future jurisprudence. Summary of the Judgment The court examined whether the covenant in the mortgage agreement was a valid…

Quick Answer (Featured Snippet): XAUUSD is the ticker for gold priced in U.S. dollars — the spot exchange rate for one troy ounce of gold. As of early June 2026, XAUUSD trades around $4,292, down about 0.85% on the day and roughly 9% over the past month, yet still up nearly 30% year-over-year. It remains the world’s most-watched safe-haven benchmark. What Is XAUUSD? When traders type XAUUSD into a chart, they are asking one simple question: how many U.S. dollars does it take to buy one ounce of gold right now? “XAU” is the ISO code for a troy ounce of gold; “USD” is the…

Could carbon become a property value issue for developers? Trending Now Infrastructure Source link

Leek Building Society has expanded its intermediary range with the launch of a new five-year fixed rate buy-to-let product at 5.30%. Available up to 75% LTV with a £995 product fee, the mortgage is aimed at landlords with up to two other rental properties. Nikki Warren-Dean, head of intermediaries at Leek Building Society, said: “Landlords continue to face a changing market environment and many are looking for greater certainty over their mortgage costs. This new product gives brokers another competitive option for clients seeking longer-term stability, while benefiting from the personal service and flexible lending approach that Leek…