Homeownership Drifts Further Out of Reach as Mortgage Rates Rise
Mortgage rates have pushed above 7 percent and home prices remain elevated, hurting the prospects of would-be buyers.
Read on The New York Times →Business
Sources: The New York Times
California’s Proposition 45 Brings the Sprawl Debate Back
Among the measures up for a vote in November is one that would amend the state’s landmark environmental law and make it easier to build large housing developments outside cities.
Read on The New York Times →
Midterms Could Shift Focus of Epstein Abuse to Banks’ Role
With an eye on retaking control of Congress, Democrats are introducing a bill that would hold banks accountable for their handling of Jeffrey Epstein’s finances.
Read on The New York Times →
Shook Research Changes Name to Veritant After Forbes Scandal
The company, known for its rankings of wealth advisers, sped up a rebranding after its founder acknowledged a secret $6 million payment to the top editor of Forbes.
Read on The New York Times →
Shook Research Changes Name to Veritant After Forbes Scandal
The company, known for its rankings of wealth advisers, sped up a rebranding after its founder acknowledged a secret $6 million payment to the top editor of Forbes.
Read on The New York Times →
The Fallout From the ‘Neocloud’ Wipeout
Investors are newly worried about the health of artificial intelligence infrastructure companies like CoreWeave. That’s weighing on the wider A.I. industry.
Read on The New York Times →
Tech Stocks Drop Further Amid Doubts Over AI Spending
Tech stocks plunged before reversing course, as concerns over soaring A.I. spending and stubborn inflation fueled a sell-off.
Read on The New York Times →
Gulf Oil Is Still Flowing Despite a Surge in Attacks on Ships
Shipping operators are braving the Strait of Hormuz, but the risks are high and transportation costs have skyrocketed.
Read on The New York Times →
Chinese Carmakers, Once a Sideshow, Take Center Stage at Paris Motor Show
At this week’s Paris Motor Show, there are no signs the influx of low-cost Chinese vehicles will slow despite European Union efforts.
Read on The New York Times →
Tesla Debuts 2026 Roadster ‘Flying’ Electric Sports Car
Elon Musk’s company and other automakers, like Jaguar and Bentley, are trying to sell very expensive electric cars to people who usually prefer gasoline-fueled luxury and performance.
Read on The New York Times →
Families of Sailors Killed in Iran War Struggle for Compensation and Closure
Attacks near the Strait of Hormuz have claimed the lives of at least 25 seafarers. Their survivors are reeling.
Read on The New York Times →
Battle Over the Pierre Ends in Defeat for the Buyer Pushed by Lutnick
Motasem Khashoggi, who hails from a prominent Saudi family, missed a Tuesday deadline to deliver a $100 million deposit to purchase the Manhattan landmark.
Read on The New York Times →
Energy Dept. Issues Emergency Order Amid Above-Average Temperatures
The order as a precaution allows grid operators to use backup generation this week. There were no widespread outages reported.
Read on The New York Times →
Netflix, Facing Slowing Growth, Cuts 6% of Its Work Force
The streamer’s share price is down more than 40 percent over the last year as the company has struggled with stalling engagement.
Read on The New York Times →
What Is Starshield, SpaceX’s Military-Grade Satellite Internet Service Ukraine Relies On?
For years, Ukraine’s armed forces have relied on satellite communication services developed by Elon Musk’s SpaceX. Recent restrictions have hampered its war effort.
Read on The New York Times →
Higher Energy Prices Pushed U.S. Inflation Up to 3.7% Ahead of Midterm Elections
September’s Consumer Price Index report will keep pressure on President Trump and the Federal Reserve to tame intensifying price pressures.
Read on The New York Times →
5 Costs That Jumped for Americans
Consumers are paying more for everyday goods and services, like food, computers and streaming.
Read on The New York Times →
5 Costs Americans Are Paying More for as Inflation Rises
Consumers are paying more for everyday goods and services, like food, computers and streaming.
Read on The New York Times →