
U.S. Housing Market Faces Continued Pressure from High Mortgage Rates
High mortgage rates and limited housing supply continue to slow U.S. home sales while affordability remains a major challenge.

High mortgage rates and limited housing supply continue to slow U.S. home sales while affordability remains a major challenge.

Oil markets remain volatile as geopolitical tensions raise concerns over energy supplies, inflation, and the global economic outlook.

SpaceX has lost $1 trillion in market value due to significant net losses and a drop in share price below its IPO level, raising questions about its financial sustainability.

A mock 2027 NHL expansion draft explores potential rosters and markets, with Houston and Quebec City emerging as top candidates for the 33rd franchise.

Mark Zuckerberg became the world's fifth-richest person after stock market movements reduced Michael Dell's estimated net worth.

Canadian Trade Minister Mark Carney proposed a plan that could include doubling oil exports to the United States in exchange for broader economic concessions, Dutch-born Canadian opposition figure Pieter Hoekstra said. Hoekstra framed the offer as part of negotiations aimed at easing trade tensions between the two countries, though details and timing of any potential agreement were not specified.

CPC suspended crude oil loadings after a reported drone attack on the tanker Nelsa, renewing concerns about the security of Black Sea energy exports and global supply chains.

A Kurdish dissident group says Iran used white phosphorus incendiary munitions during a drone strike on one of its bases in Iraq’s Kurdistan Region, citing eyewitness observations, medical exams, and the widespread fires caused at the site.

Lockheed Martin has introduced a lower-cost Patriot interceptor designed to expand production, improve affordability, and strengthen long-term air defense capacity.

The European Commission fined AliExpress €550 million under the Digital Services Act, saying it failed to properly assess and mitigate risks from illegal, unsafe and counterfeit products on its platform.

Battery-electric vehicles have become Germany’s top-selling powertrain for the first time, beating both gasoline and diesel registrations in June, as new-car demand shifts toward electrification.

A new analysis says the earnings gap between UK FTSE 100 chief executives and average full-time workers has reached its widest point in eight years, with CEOs paid a median 130 times more than typical workers.

Indonesia continues improving logistics and maritime infrastructure to strengthen trade connections and economic activity.

SpaceX is preparing another Starship launch attempt after an automated abort, as engineers complete inspections and modifications before the next scheduled test flight.

Indonesia’s tourism industry continues recovering and expanding as destinations attract visitors and businesses invest in hospitality services.

Indonesia’s e-commerce sector continues growing as consumers and businesses increasingly adopt online shopping platforms.

Indonesia continues developing its energy sector through renewable projects and efforts to strengthen long-term energy security.

Indonesia’s manufacturing sector continues adapting through investment, technology adoption, and changing global supply chain conditions.

Indonesia’s inflation rate changes as economic conditions, consumer demand, and global factors influence domestic prices.

Indonesia faces pressure from changing global trade conditions as export performance becomes a key focus for economic observers.

U.S. investors are closely watching corporate earnings as companies face high expectations amid changing economic conditions.

New economic data highlights changes in the U.S. labor market as businesses adjust hiring and investment decisions.

Authorities continue investigating the deadly explosion at Qatar's Ras Laffan gas processing facility after confirming 13 fatalities and 66 injuries.

Qantas is preparing to introduce its Airbus A350-1000ULR for Project Sunrise, while many travelers continue to value the spacious comfort of the Airbus A380.