Builder sentiment weakened further in July as affordability challenges and ongoing economic uncertainty continued to weigh on the market for new single-family homes. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) slipped two points to 34, marking the 15th consecutive month the index has remained below 40–the longest such stretch since…
Archer Aviation’s new technology campus in Morgan Hill Air taxi developer Archer Aviation leased a 501K SF technology campus in Morgan Hill, California, south of San Jose. Santa Clara-based Archer Aviation leased the newly built five-building Cochrane Technology Center at 18105-18265 De Paul Drive, The Mercury News reported. The company is working to connect Miami, West…
The Bermuda bank agrees to buy a 91.7% stake in CIBC Caribbean Bank for $1.8 billion, creating a regional giant. This article appears in the July/August issue of Global Finance Magazine. Butterfield Group has agreed to acquire a 91.7% stake in CIBC Caribbean Bank Limited for $1.8 billion — $1.09 billion in cash and the…
Business Published: Saturday, July 18, 2026, 9:25 [IST] In the US stock market yesterday, Apple briefly overtook Nvidia on Friday, July 17, as the semiconductor sector sold off. Apple ended Friday’s trading session as the world’s most valuable publicly traded company, crossing past Nvidia for the first time since April 2025, because a sharp selloff…
Roblox wants you to make your next video game from your phone. On Thursday, the gaming platform company introduced Build, its AI-powered tool that can turn a written prompt into a basic playable game. The tool is housed inside the Roblox mobile app. The update pushes vibe coding — the practice of describing software in…
If you have retired but have not yet withdrawn your Employees’ Provident Fund (EPF) balance, your savings may still be earning interest. However, the period for which interest is credited depends on the age at which you retire. Under the EPF Scheme, 2026, the rules differ for members who retire before 55 and those who…
Several market observers have labeled the meme coin a scam, warning investors to stay away from it. Earlier in July, the cat-themed meme coin defied the ongoing bear market by posting a whopping 2,000% weekly increase. Its ascent was primarily driven by the token’s affiliation with the official Robinhood platform, which recently introduced its…
On Thursday, Moonshot AI, a Beijing-based AI startup, unveiled the latest version of its Kimi large language model, which promises performance close to Anthropic’s Fable 5—perhaps the most powerful publicly available model today—at a fraction of the cost. Kimi K3, the largest open-weight model ever released, performed “competitively” with Fable 5, and “substantially outperformed” Anthropic’s…
The Employees’ Provident Fund Organisation (EPFO) is preparing a framework to extend provident fund benefits to self-employed individuals, gig workers, workers in the unorganised sector and employees of exempted establishments, according to a report byThe Times of India (TOI). The proposal aims to create a universal provident fund (PF) scheme that would allow individuals currently…
Corn farmers are heading into another difficult year—one that could well tip the industry into unsustainable territory thanks to a dangerous combination of soaring land costs and plummeting crop prices. The global benchmark price for corn fell from about $349 per metric ton in April 2022 to $196 in June 2026—a decline of roughly 44%….