businessWednesday, August 12, 2026
The housing market is showing two sides today: July sales posted their strongest gain of the year, but Zillow warns that rising rates could stall the momentum. Meanwhile, big money is moving in Canada, with OMERS boosting domestic stocks and Air Canada selling a stake in Aeroplan.
The housing market is sending mixed signals: sales are up, but rates are creeping higher.
Zillow's data shows a 7% annual gain in July sales, but the oil-driven rate spike could push payments above year-ago levels in August. The window of affordability may be closing.
A separate report confirms the slowdown: record prices and the highest rates in a year are keeping buyers out. The two pieces together paint a clear picture of a market at a turning point.
Big money is shifting in Canada, with pension funds and airlines making strategic plays.
OMERS' 4.8% H1 return and $1B domestic stock purchase signal a shift toward home-country investing. Public equities led at 12.2%, but the move is more about strategy than performance.
Air Canada's $2.5B sale of a quarter of Aeroplan to Blackstone and Canadian pensions values the loyalty program at $10B. It's a cash infusion, but also a bet that loyalty programs stay valuable.
Acast's $20M buy of Backyard Ventures looks small, but it's a strategic entry into the US podcast market. The piece argues the deal's significance outweighs the price tag.
Business development companies are paying more to borrow. But why?www.ft.com
Upgraded AI Platform mitoco Buddy Enhances Business Efficiency with New Featuresthird-news.com
LT Group profit jumps to P9.54 billion in Q2zurl.co
Helping New York City Restaurants Run Smoothlyrestaurantbusinessonline.comVSP: Fatal Motor Vehicle Crash in Mt Taborvermontbiz.com
VSP: Fatal Motor Vehicle Crash in Mt Tabor tim Wed, 08/12/2026 - 03:47 STATE OF VERMONT DEPARTMENT OF PUBLIC SAFETY VERMONT STATE POLICE FATAL MOTOR VEHICLE CRASH CASE#: 26B4006151 RANK/TROOPER FULL NAME: Craig Roland STATION: Rutland CONTACT#: 802-773-9101 DATE/TIME: 08/10/2026
Blue Moon Metals expands U.S. mining footprint with 33 tungsten, antimony projectsmugglehead.com
This is the first time Blue Moon has pursued antimony The post Blue Moon Metals expands U.S. mining footprint with 33 tungsten, antimony projects appeared first on Mugglehead Investment Magazine .
The Brussels Timeswww.brusselstimes.com
EU approves €84m Danish plan to boost critical clean tech capacity #EuropeanUnion
Vietnam Railways Corporation becomes Vietnam National Railway Groupen.vietnamplus.vn
The group inherits all rights, obligations and responsibilities of the Vietnam Railways Corporation in accordance with the laws on railways, enterprises, and management and investment of state capital in enterprises, and other relevant legal provisions, as well as existing agreem
I Paid for a Window Seat, but the Middle Seat Passenger Closed the Shade—Who Actually Gets to Control It?www.travelandleisure.com
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Goldman Sachs just answered the biggest question about AIwww.thestreet.com
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How Small, Independent Newspapers Are Still Finding Readers (Gift Article)www.nytimes.com
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Jeff Bezos Harshly Criticized for $200 Million Pledge to Protect the World’s Most Endangered Specieswww.yahoo.com
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CBN Invites Applications For Virtual Assets, Data Finance Sandboxleadership.ng
The Central Bank of Nigeria (CBN) has invited applications for the second cohort of its Regulatory Sandbox Programme, with dedicated tracks for Virtual Asset Service Providers (VASPs) and data-enabled financial services. The application window opens today, August 12, 2026, and cl
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