Hints and tips:
...So that’s probably for me, it’s having that room within my budget as a limited company director....
...Yann LeCun said some big tech companies had a “superiority complex” that only they could be trusted to develop AI safely, which he called “incredibly arrogant”....
...Use an online mortgage calculator to get a sense of how your monthly payments could increase, advises Merriman-Johnson, and speak to a mortgage broker early in the process....
...Jordan, who is the longest-serving governor of any major central bank, will step down in September....
...Henry Jordan, home commercial director at Nationwide, the UK’s second largest mortgage provider, said customers starting new mortgages faced an average increase of £235 a month....
...Economic data: US retail sales are expected to have moderated while homebuilder confidence is expected to fall as high mortgage rates slow sales....
...Overnight, three American soldiers have been killed in Jordan by an Iranian drone, the latest sign that the Israel-Hamas war threatens to boil over into a larger conflict....
...The bank plans to securitise and sell loans from its Chase retail business, including mortgages, auto lending and credit card loans, these people said....
...“The market needs arbitrageurs,” says Philippe Jordan, president of Capital Fund Management, a hedge fund with $10bn in assets....
...Henry Jordan, Nationwide’s director of mortgages, said: “The changes made to our new business range are reflective of the current interest rate environment, which has seen mortgage rates increase across...
...Much Covid-era buying has favoured the villages surrounding Beaconsfield, including Penn, Seer Green and Jordans, as the shift to homeworking increased the appeal of quietness, space and a sense of community...
...Many companies will fail. It is likely that millions of jobs will be lost. Mortgage repossessions and tenant evictions will increase....
...(the story of how FT colleagues brought down Wirecard, the German payments company)....
...Laurence Fink, a talented First Boston mortgage bond trader, would also leave to start a little money manager called BlackRock....
...So they have all of this cash from these companies. They got this influx of money. Those companies are highly interest-rate sensitive....
...had forecast that after hundreds of millions of people emerged from lockdowns enforced in March, April and May, the pent-up demand, coupled with the state’s stimulus and easing measures, would spark a “V-shape...
...As ever, get in touch with Imani (imani.moise@ft.com) or me (sid.v@ft.com) with thoughts for new articles. Happy reading!...
...As always, reach out to Imani (imani.moise@ft.com) or me (sid.v@ft.com) with thoughts for other companies to cover, trends to follow or general tips....
...As always, reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to share your feedback on today’s newsletter. Happy reading!...
...On Tuesday, US homebuilder Lennar surpassed consensus estimates despite rising mortgage rates....
...Share your ideas with us at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...As always, reach out to us at imani.moise@ft.com and sid.v@ft.com with thoughts and topics....
...How did the company get started? Scott and Jordan founded a business together previously called Unbill, which built connectivity to help roommates split financing like rent....
...As ever, drop Imani (Imani.Moise@ft.com) or myself (Sid.V@ft.com) your emails with thoughts and suggested topics for coverage. Have a great week!...
...This exhibition at the V&A invites us into the opulent world of master goldsmith Carl Fabergé and his London clientele....
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