Recent Posts

Johnson’s plea to Biden on Afghanistan: Don’t quit

Whenever G7 leaders gather, the optics usually say more than the anodyne communiques issued afterwards. Fortunately for Joe Biden, there will be no group photo from Tuesday’s virtual summit to talk about Afghanistan. The withdrawal debacle has left the world’s preeminent power looking like the unreliable boyfriend (to borrow a charge once levied against the Bank of England). Frustration and ...

Read More »

A rising tide lifts all boats, even M&S

A rising tide lifts all boats — even the good ship M&S. British retailer Marks & Spencer Group Plc has been a perennial disappointment to investors. But the household name said its underlying pre-tax profit would be above the upper end of its previous range of 300 million to 350 million pounds ($478 million) this year. The shares rose as ...

Read More »

All about housing boom and mortgages

Scarce supply and bidding wars have kept many entry level homebuyers out of the market for years. The government is trying to address this by ensuring a higher percentage of federal-backed mortgages go to low-income households, or for houses in communities with a large share of minorities. Expanding mortgage availability is a worthwhile goal, but in a housing market now ...

Read More »
Send this to a friend