David Ellison Debuts New Name For Merged Paramount, Warner Bros. Studios

Goldman Flags Troubling Mortgage Delinquency Rise Across This U.S. Region Mortgage delinquencies fell slightly in March, with the first-lien delinquency rate declining to 3.35%, down 37 basis points from February, as seasonal factors and tax refunds supported borrowers. The real estate and mortgage industry outlet HousingWire cited Intercontinental Exchange’s May 2026 Mortgage Monitor report, which showed that while the overall mortgage delinquency rate fell in March, there was still concern over serious delinquencies and foreclosures, which are up by 154,000 borrowers from one year ago. The increase was driven mostly by FHA...

Amazon Jumps On Solid AWS Growth And Profit, Even As Outlook Disappoints And Free Cash Flow Turns Negative As Bloomberg notes, "Microsoft’s solid earnings breathed new life into the tech sector Thursday, but Amazon’s report after the bell this evening could deflate the optimism again." To be sure, there’s a lot riding on Amazon results. The longevity of the AI spending boom is in doubt as shareholders punish ambitious capex plans, which has taken away some of the support away from the chipmaker stocks.  Before Microsoft’s earnings, the Philadelphia Semiconductor Index...

Historic Buffalo Church Torches Twice In Four Days Following Sale To Islamic Group Authored by Steve Watson via Modernity News, A 140-year-old Catholic church in Buffalo has been deliberately set on fire for the second time in four days, the third blaze to hit the site this year. Investigators confirmed arson. The property was sold years earlier by the Diocese of Buffalo to a company affiliated with the Downtown Islamic Center, which planned to turn the historic complex into a mosque. Christian heritage keeps vanishing while officials scramble over "securing" the site...