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US HOUSING CRISIS
AI bubble or boom? Why Warren Buffett called Big Short fame Michael Burry ‘Cassandra’Legendary investor Warren Buffett once dubbed Michael Burry, famous for predicting the 2008 housing crisis, as 'Cassandra' for his accurate...
LDF walks out of Kerala Assembly, accuses CM Satheesan of 'misleading' House on fund cutsKerala Assembly saw a heated debate as the opposition LDF walked out, accusing Chief Minister V D Satheesan of misleading the House regardi...
Bollywood's hidden crisis: Why hundreds behind the camera are fighting to surviveBollywood may be enjoying strong box office numbers in recent times, driven by films like Dhurandhar, Saiyaara and Chhaava. But many people...
Oil Price Today (July 1): Crude oil above $73 as Iran rejects direct peace talks with US. Where are prices headed?Brent crude futures were up 50 cents, or 0.69%, at $73.45 a barrel at 1208 GMT. U.S. West Texas Intermediate (WTI) crude rose 63 cents, or ...
Oil ticks higher as Iran's refusal to meet US envoys dims ceasefire hopesOil prices saw an uptick as Iran's refusal to meet U.S. envoys heightened tensions, impacting the fragile ceasefire. Despite recent decline...
Banks NPA at multi-decadal low of 1.8%, Indian financial system remains resilient: RBI reportIndia's financial system remains robust, with bank NPAs hitting a multi-decade low of 1.8%. Despite global uncertainties and rising oil pri...
Microsoft shares head for worst month since 2000 as AI concerns wipe out $570 billionMicrosoft shares are heading for their worst month since 2000, falling 17% in June as concerns over heavy AI spending and delayed returns e...
Happy birthday, America? At 250, nation may be too divided to celebrate as oneAmerica's 250th birthday is proving divisive, mirroring the nation's deep political schisms. While some, like Betsy Halsey, refuse to celeb...
Trump's tariffs aren't saving jobs at Whirlpool's Iowa refrigerator plantWhirlpool's drastic decision to cut over half its Iowa plant's workforce throws a wrench in President Trump's tariff strategy designed to b...
Venezuela quake death toll nears 1,500 as rescue work goes onRescue teams are desperately searching for survivors in Venezuela following devastating earthquakes that have claimed nearly 1,500 lives. F...
Venezuela earthquakes kill nearly 1,000, tens of thousands missingThe death toll from twin earthquakes in Venezuela rose Friday to 920, with tens of thousands reported missing as international rescue teams...
What is behind South Africa's anti-immigrant protests?South Africa faces escalating anti-immigrant sentiment, with protesters demanding undocumented foreigners leave. Despite claims of being ov...
Hormuz oil shock echoes 1973 embargo lessonsThe recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...
Morgan Stanley was among first global banks to back MFS before boom and bustMorgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...
US new single-family home sales post second straight monthly declineUS new home sales unexpectedly fell in May for the second straight month, hitting a seasonally adjusted annualised rate of 580,000 units, t...
'Pragmatists' vs 'hardliners': Is Iran split over US deal?Despite internal divisions and opposition, analysts believe Iran's factional splits won't derail ongoing talks with the US. While hardliner...
Best Proverb of the Day: 'You are permitted in time of great danger to walk with the devil until...'-A life lesson hidden in an ancient proverb that changes how we see difficult choicesLife often presents difficult choices where ideal solutions are absent. A timeless proverb suggests that in times of great danger, temporar...
Former US Fed chairman Alan Greenspan passes away at 100Alan Greenspan, former US Federal Reserve chief, has passed away at 100. He steered the American economy through significant events like th...
His span was much wider than FedAlan Greenspan, the influential former Fed chair, guided US monetary policy for nearly two decades, overseeing an era of low inflation and ...
India poised to drive next wave of global steel demand, says Lakshmi MittalIndia is set to lead global steel demand in the coming decades. Large-scale infrastructure projects, urban growth, and energy transition in...