Americans now need to earn a higher income than ever before in order to afford a median-priced home, according to a recent analysis conducted by Redfin. The report states that homebuyers in the US must now make 15% more than they did last year to purchase a typical property. This translates to an annual income…
John Paulson, the renowned hedge fund manager with an estimated net worth of $3.5 billion, has filed a lawsuit against his former business partner, Fahad Ghaffar, in Puerto Rico. Paulson alleges that Ghaffar, along with several family members, deceived him and embezzled millions of dollars to support their extravagant lifestyles, including luxury shopping sprees and…
Tata Motors, one of the leading players in the automotive industry, announced its plans to continuously update its range of sports utility vehicles (SUVs). The company believes that the SUV segment will remain highly competitive due to its robust growth and the presence of other major players. According to the latest data from the Society…
Title: SEC Chair Warns of Impending Financial Crisis Triggered by AI, Calls for Regulation In a recent interview with the Financial Times, Gary Gensler, the chairman of the Securities and Exchange Commission (SEC), raised concerns about the potential risks posed by artificial intelligence (AI) in the financial industry. Gensler highlighted the urgency for regulations to…
Wholesale inflation in India remained in negative territory for the sixth consecutive month in September, according to official data released on Monday. This negative trend began in April of this year and was also observed during the onset of the Covid pandemic in July 2020 when the Wholesale Price Index (WPI) recorded negative figures. In…
