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How small wealthy suburbs contribute to regional housing problems

Jul 11, 2023 06:46 am UTC| Real Estate Economy

The odd headlines about little towns in the San Francisco Bay Area just keep coming. First Woodside, a tiny suburb where several Silicon Valley CEOs have lived, tried to declare itself a mountain lion habitat to evade a...

How the UK's mortgage rescue deal could help or hurt you – in part depending on where you live

Jul 04, 2023 07:41 am UTC| Economy Real Estate

Millions of UK mortgage borrowers could experience significant payment shocks this year. This is happening due to a steep rise in the Bank of Englands base rate over the past year to the highest level since 2008. This rate...

Australia's hidden housing crisis: survivors of modern slavery have few safe places to turn

Jun 28, 2023 15:34 pm UTC| Insights & Views Economy Politics Real Estate

Australia is not immune to the rapidly growing global problem of modern slavery. In fact, new research has found the number of people living in modern slavery has more than doubled in the past four years, rising to an...

All-electric homes are better for your hip pocket and the planet. Here's how governments can help us get off gas

Jun 19, 2023 06:19 am UTC| Real Estate Life

If every Australian household that uses gas went all-electric today, we would save more than 30 million tonnes of carbon dioxide emissions over the next ten years. Thats because there are more than 5 million households on...

To deliver enough affordable housing and end homelessness, what must a national strategy do?

Jun 15, 2023 05:27 am UTC| Economy Real Estate

The Albanese government came to office promising action on housing. Its A$10 billion Housing Australia Future Fund is now stuck in the Senate, with the Greens demanding more ambitious funding and reforms. The government is...

National’s housing u-turn promotes urban sprawl – cities and ratepayers will pick up the bill

Jun 03, 2023 03:24 am UTC| Real Estate Economy

By withdrawing its support for the Medium Density Residential Standards (MDRS) it helped introduce in the first place, the National Party has essentially only made a soft policy even softer. Lauded by many as progress...

Our cemeteries face a housing crisis too. 4 changes can make burial sustainable

May 29, 2023 04:22 am UTC| Life Real Estate

Australias housing crisis is no secret. What many people dont realise is that theres another, less visible housing crisis. Australias urban cemeteries are running out of space to house the dead. In Sydney, for example,...

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Economy

S&P 500, Nasdaq Hit Record Highs as AI Stocks Rally and Strong Jobs Data Boost Confidence

The SP 500 and Nasdaq closed at fresh record highs on Friday as investors poured into AI-related stocks and welcomed stronger-than-expected U.S. jobs data, reinforcing confidence in the resilience of the American economy....

Dollar Slips as Strong U.S. Jobs Data Reduces Fed Rate Cut Expectations

The U.S. dollar weakened on Friday after stronger-than-expected April jobs data reduced speculation about potential Federal Reserve interest rate cuts. Investor sentiment also improved after President Donald Trump stated...

European Stocks Fall as US-Iran Conflict Rekindles Energy Supply Fears

European stock markets closed lower on Friday as renewed military tensions between the United States and Iran rattled investor confidence and intensified concerns about global energy supplies. The escalating conflict...

Gold Prices Rise as Weaker Dollar and Iran Ceasefire Hopes Boost Safe-Haven Demand

Gold prices climbed on Friday and were set for a strong weekly gain as the U.S. dollar weakened following the latest U.S. jobs report. Investors also turned to safe-haven assets amid ongoing tensions in the Middle East and...

Oil Prices Rise Amid Strait of Hormuz Tensions and U.S.-Iran Ceasefire Uncertainty

Global oil prices climbed Friday as escalating tensions in the Strait of Hormuz continued to disrupt energy markets, despite U.S. President Donald Trump insisting that the ceasefire between Washington and Tehran remains...

Politics

Trump Reportedly Approves Plan to Remove FDA Commissioner Marty Makary Amid Growing Controversies

President Donald Trump has reportedly approved a plan to remove U.S. Food and Drug Administration (FDA) Commissioner Marty Makary, according to sources familiar with discussions inside the White House. While officials say...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

US Revises UN Resolution on Iran Strait of Hormuz Attacks Amid Russia-China Opposition

The United States has revised its proposed United Nations Security Council resolution calling on Iran to stop attacks and mining activities in the Strait of Hormuz, but diplomats say the changes are unlikely to prevent...

Judge Delays SEC Settlement With Elon Musk Over Twitter Stock Disclosure Case

A federal judge has declined to immediately approve a proposed $1.5 million settlement between Elon Musk and the U.S. Securities and Exchange Commission (SEC) tied to Musks 2022 Twitter stock purchase disclosures. The...

U.S., South Korea Launch Shipbuilding Partnership Initiative

The United States Department of Commerce and South Koreas Ministry of Trade, Industry and Energy (MOTIE) have signed a new Memorandum of Understanding (MOU) to strengthen bilateral cooperation in the global shipbuilding...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

AI-Driven Inflation Raises U.S. Consumer Prices, Goldman Sachs Says

Artificial intelligence is starting to increase U.S. consumer prices through rising costs in electronics, software, and electricity, according to a new Goldman Sachs report. The investment bank said AI-related inflation...

Broadcom Eyes $35 Billion AI Chip Financing Deal With Apollo and Blackstone

Broadcom Inc. is reportedly in discussions with Apollo Global Management and Blackstone Inc. to secure around $35 billion in financing for its expanding artificial intelligence chip business, according to a Bloomberg...

Dell Stock Hits Record High After Trump Endorsement, AI Server Demand Fuels Rally

Dell Technologies Inc. (NYSE: DELL) surged to an all-time high on Friday after receiving a public endorsement from President Donald Trump during a White House event. The president encouraged Americans to go out and buy...

TikTok Nears $400 Million Settlement With Trump Administration Over Child Privacy Lawsuit

TikTok and the Trump administration are reportedly close to reaching a $400 million settlement tied to allegations that the popular video-sharing platform violated U.S. child privacy laws. According to ABC News, the...

Trump Invites Top CEOs Including Nvidia, Apple, Boeing to China Summit With Xi Jinping

The Trump administration has reportedly invited executives from some of Americas largest corporations to join President Donald Trump on his upcoming trip to China next week, according to a Semafor report. The visit is...
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