Mortgage Proposals and Rate Swings: A Housing Market in Search of Real Solutions
As mortgage rates fluctuate and ambitious policy ideas emerge, economists warn that financing tweaks cannot solve the core issue: a chronic shortage of homes.
Urban Planning
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World
A Nation Preparing for the Inevitable: Zimbabwe's Funeral Insurance Boom Overshadows Healthcare Crisis
In Zimbabwe, where formal employment is scarce and medical costs are prohibitive, a stark financial choice is being made: affordable funeral policies are vastly outpacing health insurance, reflecting a cultural prioritization of dignified burials over accessible healthcare.
Navigating Medicare's Maze: Three Costly Misconceptions Retirees Must Unlearn
Millions rely on Medicare, yet common misunderstandings about its coverage rules and costs can lead to significant financial shocks in retirement. We clarify three critical areas where assumptions often prove wrong.
Business
Global Public Sector Gets Its Own Climate Disclosure Rulebook
IPSASB unveils the world's first dedicated climate reporting standard for governments and public bodies, mandating disclosures from 2028 to illuminate financial risks and opportunities.
Business
Tesla's Trillion-Dollar Bet: Can Robotaxis Drive the Next Era of Growth?
While Tesla's stock remains resilient, the promise of a self-driving future presents both staggering potential and significant hurdles for investors to consider.
Business
Citi Trends Stock Soars 77% in a Year, Outpacing Market Amid Turnaround Hopes
While passive index funds mirror the broader market, selecting individual winners can dramatically boost returns. Citi Trends (NASDAQ: CTRN) shares have surged 77% over the past year, far exceeding the market's 14% gain, as investors bet on a potential revival despite ongoing profitability challenges.
Business
The AI Interview: How McKinsey and BCG Are Rewriting the Rules of the Case Study
Consulting giants McKinsey and BCG are integrating proprietary AI chatbots like Lilli and Casey into their famed interview processes, testing candidates on problem-solving with ambiguous, AI-generated data and shifting the skills required for the next generation of consultants.
Business
TSMC Founder Morris Chang Breaks Year-Long Public Silence at Taipei Dinner with Nvidia's Jensen Huang
Morris Chang, the 94-year-old founder of Taiwan Semiconductor Manufacturing Co., made his first public appearance in over a year at a private dinner in Taipei with Nvidia CEO Jensen Huang. The meeting, which ended months of speculation about Chang's health and public role, also served as a platform to reaffirm TSMC's central position in the global chip supply chain.
Business
Beyond the Numbers: A Tale of Two Markets in Apparel Retail's Q3 Earnings
The third-quarter earnings season for apparel retailers revealed a stark divergence. While some brands like Abercrombie & Fitch soared on strong results, others, including Tilly's and Torrid, faced investor skepticism despite meeting top-line expectations. We analyze the performance, the shifting retail landscape, and what it signals for the sector's future.
Business
Memory Chip Prices Set to Nearly Double in Q1, TrendForce Warns
A sharp supply crunch is driving contract prices for mainstream DRAM memory chips up by as much as 95% quarter-on-quarter in early 2025, according to a revised forecast from market analyst TrendForce.
Unretiring: Four Accessible Side Hustles for Retirees Seeking Purpose and Income in 2026
As financial pressures and a search for engagement redefine retirement, a new wave of seniors is turning to flexible, low-barrier side gigs. From online tutoring to pet care, these roles leverage lifelong skills without requiring prior formal experience.
Business
Italtile's Five-Year Slump: Shareholders Face 16% Loss Despite Recent Gains
While Italtile's stock saw an 11% bump last month, a look at the past five years reveals a sobering picture for long-term investors, with total shareholder returns deep in negative territory even as company earnings grew.
Business
The Vanishing Numbers: How America's Fraying Economic Data Infrastructure Threatens Jobs and Stability
A quiet crisis is eroding the foundation of U.S. economic decision-making. As key federal data agencies face budget cuts, political pressure, and operational challenges, the resulting information gap could leave policymakers and businesses 'flying blind,' increasing the risks of policy missteps, deeper recessions, and prolonged unemployment.
Business
L3Harris Secures Key Navy Contract for Marine Corps' 'Red Wolf' Precision Strike System
Defense contractor L3Harris Technologies wins a significant U.S. Navy award to develop the Red Wolf long-range precision strike vehicle for the Marine Corps, underscoring the Pentagon's focus on advanced targeting capabilities and bolstering the company's portfolio in next-generation weapons.
Business
Waymo's $110 Billion Funding Quest Shifts Spotlight to Alphabet's Long-Term Bet
Alphabet's self-driving subsidiary Waymo is reportedly seeking a new funding round that would value the company at approximately $110 billion, drawing fresh attention to the tech giant's ambitious bets beyond its core advertising business and the evolving landscape of autonomous vehicle investment.
Business
Millennials' Retirement Readiness: The $67,300 401(k) Benchmark and What It Really Means
Fidelity data reveals the average millennial 401(k) balance stands at $67,300. While the figure may seem modest, financial experts argue it represents a solid foundation for a generation that entered the workforce during economic turmoil.
World
Shutdown Showdown: Speaker Johnson Navigates ICE Debate and Funding Impasse
With a partial government shutdown underway, House Speaker Mike Johnson confronts a dual crisis: securing passage of a federal funding package and mediating an intensifying political battle over the scope and tactics of Immigration and Customs Enforcement operations.
Business
Harmony CFO's Complete Stock Sale Raises Eyebrows Amid Upbeat Revenue Forecasts
Harmony Biosciences CFO Sandip Kapadia has liquidated his entire direct stake in the company, a move that contrasts sharply with the firm's robust financial performance and bullish $1 billion revenue target for its flagship drug WAKIX by 2026. While the sales were pre-planned, the timing fuels debate on insider confidence versus corporate optimism.
Business
Western Housing Shift: Eight Major Metros See Home Prices Dip, Offering Buyers New Leverage
After years of relentless growth, a cooling trend is taking hold in several Western U.S. housing markets. We examine the metros where prices are falling, what's driving the change, and how prospective buyers can navigate this shifting landscape.
World
Germany Grinds to a Halt: Nationwide Transport Strike Paralyzes Cities Amid Deep Freeze
A massive strike by public transport workers has brought buses and trams to a standstill across Germany, leaving commuters stranded in sub-zero temperatures as a bitter dispute over pay and conditions escalates.