“Falling mortgage rates, rising inventory, and strong buyer demand suggest the U.S. housing market is gradually stabilizing, with steady recovery momentum heading into 2026.”
Browsing: Finance
Blackstone will invest $705 million for a 9.9% stake in India’s Federal Bank, becoming its largest shareholder, pending regulatory and shareholder approvals.
Uniphore secures $260 million in Series F funding from Nvidia, AMD, and others to expand its AI-driven automation platform and strengthen global enterprise communication solutions.
UAE-based AI platform Cercli secures $12 million Series A funding to expand its global workforce management solutions, leveraging AI to disrupt legacy ERP giants like SAP and Oracle.
Volkswagen faces potential production disruptions amid a dispute with chipmaker Nexperia, highlighting Europe’s dependence on semiconductors and the impact of geopolitical tensions on global supply chains.
Walmart pauses job offers for H-1B candidates as Trump’s new $100,000 visa fee reshapes corporate hiring strategies and intensifies challenges for U.S. employers relying on global talent.
A massive Amazon Web Services outage disrupted major online platforms worldwide, costing companies millions per hour and exposing the global economy’s heavy reliance on a single cloud provider.
Billionaire philanthropist MacKenzie Scott donates $63 million to Morgan State University and $40 million to preserve Black historical landmarks, reinforcing her commitment to equity and education.
The Social Security Administration begins its new paperless policy this October, shifting all payments to direct deposit or Direct Express cards to reduce fraud and costs.
Rep. Ami Bera enters the final quarter with $2 million cash-on-hand, showcasing his electoral strength, bipartisan leadership, and continued focus on healthcare and foreign policy.
As the U.S. government shutdown extends beyond 20 days, ICE continues operations without pay, arresting individuals convicted of serious crimes, including two Indian nationals.
JPMorgan CEO Jamie Dimon warns that recent bankruptcies in the auto industry may signal deeper risks in corporate lending after years of lax credit standards.
The U.S. market boom of 2024–2025 has magnified wealth inequality, as record stock and crypto gains overwhelmingly enrich the already affluent while leaving most Americans behind.
Oracle projects cloud infrastructure revenue to hit $166 billion by 2030, driven by diversified enterprise demand beyond its high-profile partnership with OpenAI.
Meta is finalizing a record $30 billion financing deal with Blue Owl Capital to build its massive Hyperion AI data center in rural Louisiana by 2029.
TSMC raises its full-year revenue forecast and posts record profits, driven by surging global demand for AI chips and strong partnerships across the semiconductor industry.
AI-driven document intelligence startup Reducto raises $75 million in Series B funding led by Andreessen Horowitz to advance its vision-language model-powered document processing platform.
As U.S. consumers grow wary of the economy ahead of the holiday season, spending cuts—especially among Gen Z and millennials—signal fading financial resilience.
PayPay, Japan’s leading mobile payment app backed by SoftBank, prepares for a U.S. IPO, showcasing its growth, cashless innovation, and expanding financial services ecosystem.
Goldman Sachs to acquire Industry Ventures for $965M, gaining one of the largest U.S. venture capital portfolios and expertise in secondary and hybrid fund investing.
General Motors faces a $1.6 billion loss as it scales back EV production amid dwindling government support, slower adoption, and changing U.S. policy on electric vehicles.
NASA’s Jet Propulsion Laboratory has laid off 550 employees, about 10% of its workforce, as part of a broad realignment to secure its future operations.
Alphabet, Google’s parent company, will invest $15 billion to build a massive AI data center in Visakhapatnam, marking its largest global AI hub outside the U.S.
JPMorgan Chase has announced a decade-long initiative to finance and invest directly in companies deemed vital to U.S. interests
U.S. negotiators are urging India to relax e-commerce rules that bar foreign-owned platforms like Amazon and Flipkart from holding inventory, sparking policy and trade debates.