Mortgage Rates Top 7%; Fed Hedge Bets Rise | Practice Deals
US mortgage rates hit a two-year high above 7%, traders hedge Fed bets, and earnings upgrades stall. Plus: top healthcare practice business news.
News and Trends
Market moves and healthcare deal news, with what they mean for practice owners.
Oil Near $98 & US Debt Risk; Ayble Health Raises $16M
Oil slides toward $98 as Saudi pipeline reopens; US debt concerns mount. Plus, Ayble Health closes a $16M Series A for virtual digestive care.
US-China Talks Lift Commodities; Motor City DSO Hits 58 Sites
Motor City Dental Partners grows to 58 locations. Plus: US-China trade signals move markets, oil slides, and Fed warns on inflation path.
BOJ Hikes to 1.25%; Buffett Steps Down as Berkshire Chair
Bank of Japan raises rates to 1.25%; Warren Buffett exits Berkshire chairmanship; plus DSO growth and biotech IPO news.
Fed Hikes Rates First Time Since 2023; AI & Health Deals
The Fed raises rates unanimously for the first time since 2023, oil retreats, and Turkish funds default—plus healthcare startup funding moves.
H1 Acquires Defacto Health; Fed Rate Hikes, Oil at $102
H1 buys Defacto Health for network intelligence; markets brace for PPI, Oracle earnings, Fed rate signals, and Brent crude topping $102.
Oil Nears $100, UK Gilt Yields Spike & UHS Closes Talkspace Deal
Brent crude approaches $100 on Saudi attacks, UK gilts hit 1998 highs, and UHS closes its Talkspace acquisition in this week’s report.
Oil Surge & Iran War Rattle Markets; Cureety Buys Reimagine Care
Cureety acquires Reimagine Care in oncology AI deal; US-Iran conflict drives oil and bond yields higher as central banks eye rate hikes.
Bond Selloff Deepens; Sanford–North Memorial $600M Deal
Global bonds hit multi-decade highs on Iran-driven oil fears; Sanford Health’s $600M North Memorial deal moves forward under MN AG oversight.
42 North Dental Returns to M&A; Oil Surges on Iran Strikes
42 North Dental resumes acquisitions, oil jumps as US-Iran tensions flare, and Japan’s bond market rattles after Warsh’s Jackson Hole address.