MORTGAGE BACKED SECURITIES
Nicki Minaj's $20 million Hidden Hills mansion nearly went to auction over a $503,318 debt before her last-minute payment
Nicki Minaj narrowly avoided a forced sale of her $20 million Hidden Hills mansion after paying a $503,318 court judgment on January 22, 2026. The payment came just before a judge was expected to decide whether the California property could be auctioned to recover the money owed to a former security guard.
These large-, mid- and small-cap stocks have upside potential of up to 31% in 1 year, according to analysts
In the last two years, the world has learnt that you can never quite predict what US President Trump will do next. Tomorrow, to pull attention one way or another, there could well be some more action against Iran, changing the mood again in a single afternoon. So, the improvement in sentiment is real, but it is also fragile.
Elon Musk gambled $445 million to boost Republicans in midterms and came up short
Nobody may have suffered bigger losses Tuesday than President Donald Trump. But few others had more on the line than Musk, who gambled big and came up holding the midterm's worst return on investment. Democrats in Congress were already queuing to get their shot at Musk, with possible subpoenas and investigations.
Elon Musk gambled $445 million to boost Republicans in midterms and came up short
Elon Musk's hefty USD 445 million investment in Republican candidates did not yield the desired electoral success, as Republicans faced significant losses, ceding control of Congress. This setback has prompted Democrats to contemplate investigating Musk's business operations. Critics have denounced his financial influence in politics, highlighting the risks of affluent individuals shaping policy. Anticipated changes in Texas's Democratic leadership suggest intensified scrutiny of Musk's ties to the state.
Democrats’ Senate win could shield Federal Reserve from Trump’s influence, but risks persist
Democrats’ midterm victory could strengthen the Federal Reserve’s independence by limiting President Donald Trump’s ability to appoint allies to its board. A Democrat controlled Senate could also intensify scrutiny of Fed Chair Kevin Warsh, with Elizabeth Warren likely to lead the Senate Banking Committee and challenge the administration’s banking reforms.
American companies brace for a pivot as US midterm elections get underway
US midterms: Corporate America is anticipating a potential shifts in Washington's power dynamics. Analysts predict that a strong Democratic showing could benefit sectors such as clean energy, housing and healthcare. Conversely, AI and defence stocks may face increased scrutiny from lawmakers.
- Go To Page 1
Voters fear the America they've known is slipping away. On that, the left and right agree
US Midterms latest: Many voters turned out for the midterm elections, driven by a heightened awareness of political issues. Individuals from various backgrounds shared their concerns regarding the direction of the country. While some were motivated to support Democrats, others maintained loyalty to Republicans. This election illustrates the stark divisions among voters, many of whom were voting for the first time. The outcome could shape the political landscape significantly in the coming years.
Michigan man finds lottery ticket in wallet after running short of cash to buy soda, you won't believe how much he won
In a surprising twist of fate, Michael Vander Lugt from Wyoming, Michigan stumbled upon a $1 million Powerball ticket he had unknowingly pocketed for two months. His routine visit to buy a soft drink took an unexpected turn when he handed over old tickets, leading the cashier to discover the jackpot winner. Vander Lugt intends to settle his mortgage and wisely invest the remainder of his newfound fortune.
'Height of insanity:' Trump ends VA mortgage rescue program; 15,000 veterans face higher payments, 700 see $1,000 hike
After the discontinuation of the Veterans Affairs Servicing Purchase program, many veterans are encountering significantly higher mortgage payments. Over 15,000 veterans have experienced payment increases of at least $150 due to loan modifications. More than 700 veterans have reported payment hikes exceeding $1,000 monthly, creating financial distress. The decision to end the program has left veterans with fewer options to manage their mortgages.
Will VA foreclosures rise further? Veterans with modified loans face higher monthly payments after VASP ended, and the new partial claim program does not help them
More than 15,000 US veterans have seen their monthly mortgage payments rise by at least $150 after the Trump administration ended a key VA relief programme in 2025. For over 700 veterans, the increase exceeded $1,000. An NPR investigation found that many were pushed into higher-interest loans, raising concerns about affordability and the risk of losing their homes.
Big dividends, bigger losses? The hidden risk in Wall Street's highest-yielding stocks
Several US stocks offer dividend yields exceeding 10%, led by mortgage REITs Annaly Capital Management and AGNC Investment above 16%. However, significant share-price declines highlight risks surrounding dividend sustainability, payout ratios, debt and overall investment returns.
UK Budget: What is the ‘Your First Home’ scheme announced by Chancellor John Healey? Check eligibility, property price limits, and other details
UK Chancellor John Healey announced a new scheme named Your First Home to support first-time homebuyers. This initiative allows eligible buyers to purchase homes with a minimum deposit of 2.5% and provides a 20% government-backed equity loan. Income limits apply, with caps based on local property prices to ensure assistance reaches those in need. Developers will contribute towards the scheme, which will have a capped annual funding.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analysts
At this juncture, what companies say about their Q2 results, and their outlook for Q3 and Q4, matters a great deal – but only to a certain extent. A company can plan only for what is in its control. No management can predict what the US President will decide, or which way the trouble in the Gulf will turn next.
AI narrative needs to change for India: K Balasubramanian, CEO, Citibank India
Long-term capital-gains tax is a big factor on the equity side. On direct investment, the trade agreements are going to be a big positive. Trade agreements create potentially important UK-India and EU-India corridors. We have been doing a lot of work identifying companies that could benefit and engage with clients. For Citi, that opportunity can flow through services and markets and potentially through investment-banking transactions as multinational companies raise capital in India, says K Balasubramanian, CEO, Citibank India.
Govt to bankroll half the cost of deepwater wells, but wants its money back from winners
The Indian government is initiating the Samudra Manthan scheme to encourage deepwater exploration for hydrocarbons. This scheme will provide financial assistance up to 50 percent of the costs for exploratory wells. Eligible wells will have a cost cap, and only state-run firms can apply for funding. The government expects repayment only if successful oil or gas is discovered during the exploration.
Divided over Israel, Detroit Democrats unite on rising costs for midterm elections
As Detroit voters prepare for the November midterm elections, many emphasize the importance of affordability and economic concerns. Various groups, including Jewish, Muslim, and Black voters, express worries about rising costs impacting their daily lives. Abdul El-Sayed's Senate campaign faces challenges as he seeks support amidst reservations regarding his stance on certain issues. While some voters lean towards economic issues and community safety, they remain hesitant about their voting choices.
These large-, mid- and small-cap stocks can give more than 20% return in 1 year, according to analysts
There is really no doubt about what will happen in the short term. It is going to be tough. Trying to guess the exact day when things will improve is a waste of effort. But a frightened market is exactly when it helps to look the other way. Because markets go too far in both directions, not only the one that is hurting today.
Daymond John kicked off FUBU with just $40 worth of fabric; this ABC 'Shark Tank' investor has a net worth of $350 million today
From rags to riches - Daymond John started with just $40 for fabric. He launched his remarkable entrepreneurial path by selling stylish hats. With his mother's backing, he founded FUBU, which grew into a billion-dollar brand through clever guerrilla marketing and celebrity partnerships. He expanded his horizons by becoming a sought-after investor on 'Shark Tank', earning substantial financial gains, most notably from his investment in the booming Bombas socks company.
Former NHB chairman Raj Vikash Verma passes away at 72; pioneered mortgage guarantee in India
Raj Vikash Verma, a leading figure in the financial sector, passed away at the age of 72. He played a crucial role in advancing housing finance and mortgage markets in India. Verma served as the chairman of the National Housing Bank and oversaw many key initiatives in the sector. His work laid the foundation for mortgage-backed securitization and affordable housing programs.
Dr Doom, who predicted global financial crisis, has a forecast for India
Economist Nouriel Roubini, known as “Dr Doom” for predicting the 2008 Global Financial Crisis, sees India emerging as a major growth story over the coming decades. He believes easing US tariffs, deeper trade ties, friendshoring and continued reforms could strengthen India's economic prospects. However, India must accelerate growth towards 9% to create enough jobs for its young workforce as artificial intelligence reshapes employment and global manufacturers diversify beyond China.
Sean Diddy Combs sold his $55 million mansion this year. It has 10 bedrooms, pool, private dock, spa and basketball court and views of the Miami skyline
Sean Diddy Combs’ reported prison altercation has brought renewed attention to his $55 million Miami mansion, which features 10 bedrooms, 12 bathrooms, a swimming pool, a private dock and a basketball court. The music mogul used the Star Island property as collateral in his unsuccessful $50 million bail bid before selling it in July 2026.
Tatkal NPS now available on BHIM app: How to open NPS account in 3 steps
The Tatkal National Pension Scheme (NPS) is now available through the BHIM Payments App for eligible bank customers. This feature simplifies account creation without the need for a physical bank visit.
Wall Street banks' bond trading revenue hit by market volatility, equities shine
Amidst a backdrop of volatility in interest rates and a bond market selloff, Wall Street banks experienced a downturn in fixed-income trading revenues, as Treasury yields surged to multi-decade highs. This substantial decline resulted in reduced client activity within the fixed-income sector. Conversely, firms like Goldman Sachs and Morgan Stanley thrived, reporting notable growth in equities trading revenue, showcasing the stark contrast in performance amid fluctuating market dynamics.
Mortgage hedging adds selling pressure to US Treasury market as yields surge
Rising US Treasury yields and mortgage rates have triggered increased mortgage-related hedging, adding selling pressure to the bond market. However, analysts expect the impact to remain limited compared with previous selloffs, as refinancing incentives decline and the mortgage market shrinks. Oil prices, inflation expectations, and Federal Reserve policy remain key drivers of yields.
Mortgage rates for 30 years rise 3 year high due to long-term US Treasury yields. How does it impact homeowners' monthly principal, interest payments and what to expect in near future?
US Bonds Market: The rise in yields has pushed 30-year mortgage rates to a nearly three-year high of 7.4 per cent, keeping many homeowners locked into existing loans rather than refinancing as they often do when rates decline.
Tenant to pay Rs 24 lakh for unauthorised stay after failing to prove landlords sought eviction without returning Rs 10 lakh security amount: Delhi HC order
Tenant ordered to pay Rs 24 lakh for unauthorised stay after failing to prove landlords wanted to evict without giving back Rs 10 lakh security amount; Delhi HC order explained.
US Market: Four warning signs that bond selling could intensify
US Treasury yields have hit two-decade highs, driven by Middle East conflict risks and fiscal concerns. Key indicators including rising options hedging, record AI-sector corporate borrowing, mortgage convexity hedging, and a steepening yield curve suggest that the bond market selloff could intensify further before attracting fresh long-term buyers.
Why is the US stock market down today? Dow Jones, Nasdaq and S&P 500 in deep red — rising Treasury yields, oil prices and Fed uncertainty weigh on stocks
Why is the US stock market down today? The Dow Jones crashes today, falling 565 points, or 1.10%. The S&P 500 slipped 0.68% to 7,765.65, while the Nasdaq fell 0.83% to 27,370.15. Rising Treasury yields are driving much of the pressure. The 10-year yield climbed above 5.36%, its highest level since April 2002. Oil also rose, with Brent above $101, adding fresh inflation concerns ahead of the Federal Reserve minutes.
Nifty’s ailing warhorse HDFC Bank gets an all-rounder CEO. Can Anup Bagchi make the elephant dance?
Anup Bagchi takes charge as HDFC Bank’s new CEO at a critical juncture, with the lender seeking to revive deposit and loan growth, improve margins and unlock HDFC Ltd merger synergies. With the stock 29% below its peak, investors will closely watch whether Bagchi can restore growth and confidence.
Load More
