Wells Fargo Bank filed a $1.28 billion foreclosure lawsuit against Workspace Property Trust affiliates. The lawsuit targets eight South Florida office properties totaling approximately 1.3 million square feet.
Vanguard Group has struck a roughly $4 billion deal to acquire fintech platform Altruist. Vanguard plans to keep Altruist as a stand-alone business, retaining its current leadership and brand.
U.S. hotel sales rose 28% in the first half of 2026 compared with the same period last year, driven in part by buyers willing to fund property upgrades. Some investors say major hotel brands are aggressively enforcing renovation rules, forcing cash-strapped owners to sell properties rather than pay for improvements.
Banks typically hold only 8 cents worth of T-bills per dollar of assets, while a $1 stablecoin is typically backed by almost 80 cents worth of T-bills.
At the end of 2025, traditional IRAs held about $15 trillion while Roth IRAs held about $2 trillion.
Nationally, home sellers outnumbered buyers in July by 51%. In fact, the 967,000 buyers on the market mark a record low since the survey began recording the metric in 2013.
Goldman Sachs said it had reached an agreement to buy private real-estate investment firm LCN Capital Partners in a deal worth up to $410 million. LCN, which manages roughly $3 billion in assets, is a commercial real-estate investor that specializes in sale-leaseback transactions.
52% of Gen Z investors redirected funds meant for investing into sports betting in the past year. 26% of Gen Zers see this as a long-term financial strategy.
A sample of FHA mortgages recently reviewed by the Housing and Urban Development Department found 76% contained a defect, up from 67% in late 2024.
