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…
8. Bank of England Annual Report and Accounts (Afua Kyei, James Bell, Jane Cathrall, Matt Cartledge, Aarti Sharma, Chris Peacock, Javier Faiz and Rhys Taylor, EY Auditors) The Finance team provided an overview of the final accounts and supporting review processes for the 2025/26 Financial Year. Afua Kyei said that Court is asked to approve…
Should policymakers look beyond the payroll tax to cover this share of the deficit?
I recently wrote about Florida’s decision to remove introductory sociology from the general education core, in both April and June. Neither piece drew much response. That surprised me because the story was never about Florida itself. Boards of governors do not like stepping into curricular debates, and they shouldn’t without real concerns. Faculty are supposed to decide what gets taught, and charges of political…
RBC Wealth Management has drawn a seven-person team from UBS to oversee approximately $1.5 billion in client assets. Focus Wealth Management, based in Palm Beach Gardens, Fla., has moved to RBC after its most senior member had been with the bank advisory for about 14 years, according to BrokerCheck. The team includes managing directors and…
X-FAB Q2 2026 slides: recovery signals emerge despite revenue decline
The iShares Expanded Tech-Software ETF (IGV +0.70%) is an exchange-traded fund (ETF) that holds over 100 different software stocks, including industry leaders like Palantir Technologies, Microsoft, and Salesforce. The ETF has suffered a decline of 11% this year amid concerns that artificial intelligence (AI) could disrupt the legacy software-as-a-service (SaaS) business model. The potential risks…
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…
Kelsey Moran and Gail Rosenbaum are co-primary authors on this work. This research was supported by the NBER Roybal Center for Behavior Change in Health (NIA P30 AG034532). We thank Dr. John Pellegrino who suggested the lottery incentive idea. We also thank Katy Milkman, Richard Thaler, and seminar participants at MIT Sloan, Harvard Kennedy School,…
Microsoft is spending heavily on AI but is also taking a “responsible” approach to its financials, an analyst said.
