Tag: news

Rekha Jhunjhunwala exits Nikhil Kamath, Madhusudan Kela-backed smallcap stock with 111% returns in 3 years

Stocks
Star investor Rekha Jhunjhunwala, after inheriting her husband Rakesh Jhunjhunwala’s 10.82% stake in Nazara Technologies, has now completely exited her position in the company, a prominent player in India’s gaming and sports media sector. The...

Volvo India’s gear shift: Changes EV-only plan; ICE models to stay amid slow uptake | India Business News

Business
Volvo Cars India has revised its earlier strategy of transitioning to an all-electric portfolio, opting instead to continue selling both electric and internal combustion engine (ICE) vehicles in the country. Electric vehicles currently...

Housing Starts Jump in June

Realestate
The U.S. government is reporting that privately‐owned housing starts in June, 2025 were at a seasonally adjusted annual rate of 1,321,000, which is...

Construction Employment Up in 33 States Year-Over-year

Realestate
Recent analysis from the Associated General Contractors said construction employment increased year-over-year in 33 states and the District of Columbia in May.  In...

Unemployment Rate Drops Slightly in June ’25

Realestate
According to the U.S. Department of Labor’s Bureau of Labor Statistics, total nonfarm payroll employment increased by 147k in June, 2025 with the...

U.S. Construction Spending Dips in May

Realestate
The U.S. government is reporting that total construction spending in May, 2025 was at a seasonally adjusted annual rate of $2,138.2 billion, down...

S&P CoreLogic Case-Shiller Sees 2.7% Annual Gain in April

Realestate
The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index has reported a 2.7% annual increase for April, 2025.  Their 10-City Composite...

FHFA Directs Enterprises to Consider Crypto Currency as an Asset for Loans

Realestate
FHFA Director William J. Pulte recently issued an order directing Fannie Mae and Freddie Mac to consider crypto currency as an asset for...

New Home Sales Down 13.7% in May

Realestate
The U.S. Government is reporting that sales of new single-family houses in May, 2025 were at a seasonally adjusted annual rate of 623k,...

Pending Home Sales Up 1.8% in May

Realestate
The National Association of Realtors is reporting that pending home sales dropped 1.8% in in May, 2025. The NAR’s Pending Home Sales Index...

Existing Home Sales Up 0.8% in May

Realestate
The National Association of Realtors is reporting that existing home sales were up 0.8% in May to a seasonally-adjusted annual rate of 4.03...

Is New York City’s Housing Crisis so Bad that a Socialist Might Become Mayor?

Realestate
The Wall Street Journal had an interesting piece (reposted on Realtor.com) about New York City’s Mayoral primary that subsequently took place on June,...

Housing Starts & Building Permits Drop in May

Realestate
The U.S. government is reporting that privately‐owned housing starts in May, 2025 were at a seasonally adjusted annual rate of 1,256,000, which is...

Home Builder Sentiment at 3rd Lowest Reading Since 2012

Realestate
According to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), builder confidence in the market for newly built...
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