Author: Arabian Media staff
The number of U.S. metro areas where starter homes cost at least $1 million has nearly tripled since 2020, from 85 to 233. Zillow’s March 2025 study on the housing market revealed this stunning jump in the cost of entry-level homes. While the average national price for a starter home is $192,514, the increasing number of $1 million+ starter homes is a lingering result of pandemic-era price growth. For its purposes, Zillow defined starter houses as homes among those in the lowest third of home values in a given region. Key Takeaways In 2020, only 85 U.S. cities had starter…
The cruise line’s parent company will announce second-quarter earnings Tuesday morning, just days after Carnival announced controversial changes to its loyalty program. Source link
The Social Security Administration has stopped publishing key customer-service metrics, which will make it more difficult to track whether performance is improving or eroding over time. Source link
The memory-chip maker’s stock is among the S&P 500’s top performers in June, as investors stay bullish on better DRAM pricing and demand for HBM chips. Source link
Tanker operators in the Strait of Hormuz are facing higher shipping and insurance costs, despite a drop in oil prices, as investors wait to see what happens to the world’s most important crude chokepoint after the U.S. bombing of Iran’s nuclear sites. Source link
Online brokerage accounts make trading a seamless process, but there are certain rules investors need to follow. One of the most common pitfalls has to do with trade settlement. Shares purchased or sold with funds that have not been adequately settled will result in violations. Although violations can occur in both cash and margin accounts, they are far more prevalent in the former. Below, we outline key issues investors need to be aware of when trading in cash accounts. Key Takeaways Only available funds can be used to make purchases in cash accounts.Margin accounts allow borrowing additional money from your…
Image courtesy: WAM/ For illustrative purposes The UAE has condemned “in the strongest terms” the targeting of Al Udeid Air Base in Qatar by Iran’s Islamic Revolutionary Guard Corps (IRGC), state news agency WAM reported. The UAE described the strike as a clear violation of the UN Charter and expressed its firm rejection of any act that jeopardises the security and safety of Qatar, a fellow Gulf Cooperation Council (GCC) member. Al Udeid Air Base, located southwest of Doha, hosts US and coalition forces and plays a central role in regional security operations. UAE expresses solidarity with Qatar According to…
The average analyst’s stock-price target implies Palantir’s stock is well overpriced, even though the company stands to benefit from defense and intelligence offerings. Source link
There may have been more to Iran’s telegraphed attack on a U.S. base in Qatar than meets the eye, strategists say. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Andy Baldwin, the British consulting executive who lost the race to become global boss of EY, has joined IBM in another example of the US technology group recruiting a senior figure from the Big Four.Baldwin, an architect of EY’s unsuccessful attempt to spin off its advisory arm, will become general managing partner at IBM Consulting, the company announced on Monday.The role puts him in charge of growth and service offerings at a big EY competitor, a year and a half after he…