Iran helped plot attack on Israel over several weeks

Iran helped plot attack on Israel over several weeks, per WSJ. Iranian security officials reportedly played a role in orchestrating Hamas's surprise attack on Israel last Saturday, giving the green light for the assault during a meeting in Beirut last Monday, according to information provided by senior members

The Pentagon is expected to announce as early as Sunday an initial emergency military assistance package for Israel amid the war in Gaza

The Pentagon is expected to announce as early as Sunday an initial emergency military assistance package for Israel amid the war in Gaza, per Axios. In a Sunday call, President Biden assured Israeli Prime Minister Benjamin Netanyahu that extra military support is currently en route to Israel, with further assistance

More than 100 rockets reportedly fired into Israel from Gaza currently

More than 100 rockets reportedly fired into Israel from Gaza currently. Per CNN, Prime Minister Benjamin Netanyahu said Israel is "at war" after Gaza militants launched a surprise attack Saturday morning, firing thousands of rockets and entering Israel by land, sea and air using paragliders. At least 200

FTX allowed Alameda to have a negative balance of up to $65 billion, prosecutors have said

FTX allowed Alameda to have a negative balance of up to $65 billion, prosecutors have said. Bankman-Fried, who has entered a plea of not guilty to seven charges of fraud and conspiracy, maintains a unique perspective on the collapse of his business empire. Since his arrest in December of last

Google, $GOOGL, has rejected Justin Trudeau’s news proposal for Canadian website, and is threatening to block all news links in Canada

Google, $GOOGL, has rejected Justin Trudeau’s news proposal for Canadian website, and is threatening to block all news links in Canada. In an email on October 6, Google spokesperson Shay Purdy expressed ongoing serious concerns about the feasibility of resolving core issues through regulation, suggesting that legislative changes might

Tech workers are paying up to $700 a month for tiny bed 'pods' in San Francisco

Tech workers are paying up to $700 a month for tiny bed 'pods' in San Francisco, per BI. While tech workers have embraced the concept of compact sleeping "pods," city officials in San Francisco are less enthusiastic about their installation in a local building. On Tuesday,

Wall Street thinks America’s homes are overvalued

Wall Street thinks America’s homes are overvalued, per WSJ. 30 year average US mortgages are above 8%, per CNBC. On Wednesday, rates for 15-year loans saw a marginal decline by a basis point, resting at 7.53%. However, it's notable that the 15-year average is positioned just

The monthly cost of a new mortgage is now 42% of U.S. median household income, 10% higher than on the eve of the 2008 housing crash

A buyer on a $3,000 monthly budget can afford a $419,000 home with a 7.7% mortgage rate. They lost $38,000 in purchasing power since last October. They could've bought a $457,000 home with a 6.6% rate. And they could have purchased a

A buyer on a $3,000 monthly budget can afford a $419,000 home with a 7.7% mortgage rate

A buyer on a $3,000 monthly budget can afford a $419,000 home with a 7.7% mortgage rate. They lost $38,000 in purchasing power since last October. They could've bought a $457,000 home with a 6.6% rate. And they could have purchased a

About one out of every five home loans at three big Canadian banks are now negatively amortizing

About one out of every five home loans at three big Canadian banks are now negatively amortizing, per CBC. Three prominent Canadian banks have disclosed that approximately 20% of their residential mortgage borrowers, representing nearly $130 billion in loans, are experiencing a situation where their outstanding balances are increasing because

Downtowns are dead, dying or on life support

Downtowns are dead, dying or on life support, per Forbes. Recently, in July the Westfield Mall, the biggest mall in San Francisco, to give up property to lenders. It had $558 million in outstanding mortgage debt. Recently, San Francisco's downtown area has suffered another setback as a major

Young adults need to start regularly saving by age 25 to have a least $1 million to retire on

Young adults need to start regularly saving by age 25 to have a least $1 million to retire on, per the Milken Institute. 1/3 of investors say they need $3 million to retire comfortably, with another 1/3 say they need $5 million, per Bloomberg: Meanwhile, a report by

30 year average US mortgages are above 8%

30 year average US mortgages are above 8%, per CNBC. On Wednesday, rates for 15-year loans saw a marginal decline by a basis point, resting at 7.53%. However, it's notable that the 15-year average is positioned just beneath the highest peak recorded since 2001. For the second

CNBC says: Something is breaking in the financial markets

CNBC says: Something is breaking in the financial markets Meanwhile, Hedge funds using computers to trade equities are expecting to start selling to the tune of $20 billion to $30 billion in the next two weeks given retreating stock markets, per UBS. Algorithmic hedge funds, which employ computer-based trading strategies

Canada's population on track to double by 2048

Canada's population on track to double by 2048, per Statistics Canada. Canada’s population growth from immigration is causing rents to surge in its biggest cities, per Bloomberg. They showed this figure: Prime Minister Justin Trudeau’s government plans to welcome 465,000 new permanent residents this year,

Housing affordability is the worst on record

Housing affordability is the worst on record, per the National Association of Realtors. It would take some combination of up to a 28% decline in home prices, a more than 4% reduction in 30-year mortgage rates, or up to a 60% growth in median household incomes to bring home affordability

Popeyes have overtaken KFC as the number 2 chicken chain in the US

Popeyes have overtaken KFC as the number 2 chicken chain in the US, per CNBC. Popeyes has now surpassed KFC to become the second-largest chicken chain in the U.S., marking a significant shift a decade after Chick-fil-A initially dethroned KFC from the top position. The competition among chicken chains

Dollar Tree has said that their customers are spending less on discretionary, non-essential purchases

Dollar Tree has said that their customers are spending less on discretionary, non-essential purchases, like electronics and toys, and were spending more on essential items for the household, including food. In a recent discussion with investors on earnings, Dollar General disclosed a decline in sales over the summer compared to

Britain's government has proposed banning younger generations from ever buying cigarettes

Britain's government has proposed banning younger generations from ever buying cigarettes. If enacted into law, the legal age for purchasing tobacco would incrementally increase each year, potentially leading to a phased-out prevalence of smoking among the youth by as early as 2040, as outlined in a briefing paper.

Apple, $AAPL, held talks with DuckDuckGo to replace Google as the default search engine for the private mode on Apple’s Safari browser

Apple, $AAPL, held talks with DuckDuckGo to replace Google as the default search engine for the private mode on Apple’s Safari browser. The particulars of discussions between Apple and DuckDuckGo, as well as Apple's considerations regarding the acquisition of Microsoft Corp.'s Bing search engine in

Wealthy parents are spending $750,000 on ultra-luxury college counseling to get their kids into Ivy League schools

Wealthy parents are spending $750,000 on ultra-luxury college counseling to get their kids into Ivy League schools, per Bloomberg. Meanwhile,  A majority of Americans now think getting a college degree isn't worth it, a new WSJ poll has said. 56% of Americans think earning a four-year degree

Taylor Swift wanted to cut a multimillion-dollar deal with SBF's FTX, but Sam 'dragged his feet' on the collaboration

Taylor Swift wanted to cut a multimillion-dollar deal with SBF's FTX, but Sam 'dragged his feet' on the collaboration, per BI. In a revealing excerpt from Michael Lewis's upcoming biography, "Going Infinite: The Rise and Fall of a New Tycoon," it'

Mark Zuckerberg, CEO of $META, has said it could be possible to use the Metaverse to bring back the dead virtually

Mark Zuckerberg, CEO of $META, has said it could be possible to use the Metaverse to bring back the dead virtually, per BI. In a recent conversation with podcaster Lex Fridman, Mark Zuckerberg, the CEO of Meta, delved into the future potentials of Virtual Reality (VR) and the Metaverse. The

Elon Musk has said: Government overspending, which is the fundamental cause of inflation, has wrecked countless countries

Elon Musk has said:  Government overspending, which is the fundamental cause of inflation, has wrecked countless countries. Meanwhile, The US economy is in for rollercoaster inflation and could be headed for an ultra-rare 'full employment recession,' BlackRock, $BLK, has said. BlackRock issued a warning that the US economy

"Everyone is locked in 3% mortgage except millennials," Bank of America, $BAC, has said

"Everyone is locked in 3% mortgage except millennials," Bank of America, $BAC, has said. 82.4% of homeowners in the US have a mortgage rate under 5%, per Redfin. Indeed, as per Redfin, a significant 82.4% of homeowners currently maintain a mortgage rate below 5%, with 62%