Business

Residential buildings in Battery Park City, lower Manhattan
Why a 7.14% Mortgage Rate Is Squeezing New York’s Fall Housing Market

The 30-year mortgage rate climbing to a new one-year high is cutting buyer purchasing power and reshaping who can afford homes in the region.

Overhead view of the Frankfurt Stock Exchange trading floor with circular workstations and ticker displays
What a Stock Split Changes, and What It Leaves the Same

A stock split increases shares and drops price per share while keeping everything else the same. Understand what matters for investors watching the next announcement.

Looking up at a glass office tower at 50 Hudson Yards, with tree leaves in the foreground.
How BlackRock’s new 401(k) design brings private markets into everyday retirement plans

BlackRock unveiled a customizable target-date framework blending private equity, credit and annuities into corporate 401(k)s, built on a platform now managing $770 billion.

The Eccles Building, headquarters of the Federal Reserve, under a blue sky
Why Wall Street Now Expects a Fed Rate Hike, Not a Hold

Futures markets that recently priced in the Fed holding rates steady now price in a hike, reshaping borrowing costs for New York businesses and Wall Street trading desks.

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Ant International Expands AI Payment Protocol With Visa, Mastercard

Ant International is scaling its Agentic Mobile Protocol globally and starting work with Visa and Mastercard on a framework to verify AI shopping agents.

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Ant, Mastercard, Visa Team Up On AI Agent Verification

Ant International, Mastercard and Visa are collaborating on a Know-Your-Agent framework to help verify AI shopping agents across payment networks.

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Bitwarden Partners With Leader Cloud To Grow Australian Presence

Bitwarden has signed a distribution agreement with Leader Cloud to expand access to its password and secrets management tools across Australia.

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FTC Order Resolves Antitrust Dispute Over Zillow-Redfin Deal

The FTC and five states secured a court order unwinding a Zillow-Redfin agreement, requiring Redfin to reenter the online listing market.

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FTC Sets 2027 Fees For Do Not Call Registry Access

The FTC announced updated fees telemarketers must pay to access the National Do Not Call Registry starting in fiscal year 2027.

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FTC Finalizes Consent Order For Ascension-AmSurg Merger

The FTC finalized a consent order clearing Ascension Health Alliance’s $3.9 billion acquisition of ambulatory surgery operator AmSurg LLC.