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Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. July 30, 2026 Federal Reserve Board issues enforcement action with Iuka Bancshares, Inc. and The Iuka State Bank For release at 11:00 a.m. EDT The Federal Reserve Board…
Raymond James recently added a trio of advisors in Newport Beach, Calif., to the firm’s employee advisor channel. The team, operating as Capital Reserve Group of Raymond James, joins from Comerica, a regional commercial bank, where they managed $5.4 billion in client assets. Advisors Cory Matsumoto, Rey Carandang and Genae Affrunti join Raymond James &…
Earnings call transcript: Cullen/Frost beats Q2 2026 estimates as shares slip
Data from a period in which both China and India pursued deliberate industrial policies show that neither country’s development route is accessible to other countries. At best, their experience can alert policymakers to structural limitations and coordination problems that will require their own homegrown solutions.
A frog does not know it is being boiled until it is too late. Lawmakers in London feel the same about artificial general intelligence—the next chapter of the 21st century technology revolution, which could be as little as three years away. A campaign for government recognition that such nonhuman “superintelligence” should be formally considered a threat to national and global security is backed by more than 125 U.K. lawmakers. The philosopher,…
Consumer prices rose 3.5% over the past 12 months, as of June 2026. And while some inflation is normal for a growing economy, many Americans are feeling the squeeze. More than 4 in 5 Americans (83%) say the rising cost of living has contributed to them tracking their spending more closely in 2026, according to…
Amazon is now the world’s biggest company, but its founder once doubted the business would survive. “Amazon is not too big to fail,” then-CEO Jeff Bezos reportedly told employees in a 2018 all-hands meeting. “In fact, I predict one day Amazon will fail. Amazon will go bankrupt. If you look at large companies, their lifespans…
The Western fascination with Japanese gardens is nothing new — just take a look at Monet’s famed Water Lilies, or the charming Kyoto Garden in London’s Holland Park. For years now we’ve lusted after and admired the calming atmosphere and refined approach found in traditional Japanese garden designs, constantly searching for ways to incorporate elements…
We’re not seeing much movement from mortgage rates today. The average interest rate on a 30-year, fixed-rate mortgage remained at 6.61% APR, according to rates provided to NerdWallet by Zillow. This is unchanged from yesterday and 14 basis points lower than a week ago. (See our chart below for more specifics.) A basis point is…