Generational Crisis! Nearly A Third Of US Adults Under 35 Are Still Living With Their Parents
Authored by Michael Snyder via The Economic Collapse blog,
· Tyler Durden
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Newest first · UTC+11:00US hearing warns Chinese economic espionage now targets AI
Witnesses say decades of technology theft have strengthened Beijing, while others caution against broad anti-China measures
· Mark Magnier
US hearing warns Chinese economic espionage now targets AI
Witnesses say decades of technology theft have strengthened Beijing, while others caution against broad anti-China measures
· Mark Magnier
Ex-Facebook policy chief sues Meta to overturn order barring her from speaking about explosive memoir
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· Taylor Herzlich
Toshiba's lost crown jewels: Kioxia, US nuclear power soar in AI era
Toshiba sold its memory business, now known as Kioxia, while U.S. nuclear unit Westinghouse Electric filed for bankruptcy. (Source photos by Reuters, Nikkei)
· Staff Writer
The most liveable, affordable suburbs in the property downturn
Home buyers across Australia’s biggest east coast cities have more affordable and liveable options than they did six months ago as sluggish market conditions open a rare window to amenity-rich pockets within 20 kilometres of the city.
· Sarah Webb
Karl Stefanovic to leave Nine ‘immediately’ after network axes multimillion-dollar contract
Karl Stefanovic will leave Nine “immediately” after the network struck terms for a deal to axe his lucrative contract amid the fallout from a disastrous podcast interview with far-right British activist Tommy Robinson.
· Bevan Shields
Xbox to raise console prices worldwide by up to $150 — citing global crisis
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· Reuters
IMF says prices have eased since US-Iran agreement but Gulf trade remains disrupted
The International Monetary Fund says energy and commodity prices have fallen since the United States and Iran agreed to halt hostilities and reopen the Strait of Hormuz, but warned that Gulf trade flows will take time to return to normal.
· Middleeasteye
Two teams emerging as Jaylen Brown trade rumors swirl
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· Malik Smith
Explosion In Data-Centers And Memory Costs Fueling Third Inflation Wave
We're finally starting to see hints of relief when it comes to inflation. Prices at the pump are starting to come down, monthly core CPI momentum has slowed, used cars were down around 2% YoY, and food inflation is starting to moderate. On the other hand, there's America's massive explosion in artificial-intelligenc…
· Tyler Durden
China to roll out nursing care insurance nationwide as population ages
China's population of older adults is growing rapidly, and more than 10% require long-term nursing care. (Photo by Kohei Fujimura)
· Staff Writer
David Wenham and John Farnham to the rescue as theatre company warns of hard times ahead
David Wenham’s twice-extended run as a time-cursed storyteller and a John Farnham musical tribute have helped lift the box office fortunes of one of Australia’s leading theatre companies amid warnings Australia’s live performance sector is operating in an increasingly precarious economic environment.
· Linda Morris
Coles and Woolies are being banned from price-gouging. No one knows what exactly that means
Amid a cost-of-living crisis and a period of widespread dissatisfaction with Coles and Woolworths late last year, Treasurer Jim Chalmers declared the government would take a big stick to the big supermarkets.
· Jessica Yun
How Wall Street Launders Dogsh*t Into Retirement Funds
Submitted by QTR's Fringe Finance
· Tyler Durden
Apple raises prices for MacBooks and iPads, as costs soar over AI
SAN FRANCISCO — Apple said Thursday it was raising prices for its MacBook computers, iPad tablets and other products, citing spiraling memory and storage costs sparked by the rise of artificial intelligence.
· Agence France-Presse
ASX set to edge up, Wall Street drifts higher; Apple dives after hiking prices
The stock market is drifting in mixed trading after several artificial-intelligence stocks veered back up their roller-coaster ride, while Apple dropped after hiking prices on many of its products.
· Stan Choe
Cargo ship hit by unidentified projectile in Strait of Hormuz
The United Kingdom Maritime Trade Operations (UKMTO) says a cargo ship has been hit by an unidentified projectile in the Strait of Hormuz, damaging the vessel but causing no injuries.
· Middleeasteye
Chicago Fed President Goolsbee says inflation is too high, calls Warsh 'a serious guy'
Chicago Federal Reserve President Austan Goolsbee said Thursday that inflation is still trending the wrong way though there has been a few bright spots.
· Jeff Cox
‘The CBD is back’: Sizzling auction sees two bidders push Wazi Dumpling House to $6m
Chinatown was buzzing on Thursday with a crowd of 200 people turning out for an auction where two bidders pushed the sale price of Chun Wazi Dumpling House up to $6.11 million.
· Nicole Lindsay
Karl’s unfinished castle gives him one big reason to flog podcast ads
June 26, 2026 — 5:00am
· Kishor Napier-Raman
China's YMTC Global NAND Market Share Surges To 13%, Now Tied With Sandisk
Yangtze Memory Technologies Corporation (YMTC), China's largest maker of NAND flash memory which is breathing down Sandisk's neck in global sales, and which is widely expected to IPO soon after China's DDR giant CXMT goes public in the coming weeks, has increased its global NAND flash memory market share from 8% in …
· Tyler Durden
Timberwolves talked Jaylen Brown with Celtics before LaMelo Ball bombshell trade
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· Ryan Giancola
Xbox to raise console prices worldwide from August
Microsoft's Xbox is raising prices of its gaming consoles by up to $150 worldwide, citing a deepening global components crisis that has sent storage and memory costs soaring across the consumer electronics industry.
· Reuters
Ant-backed DSC lists on Nasdaq in China's first cross-border IPO of 2026
The China Securities Regulatory Commission greenlit DSC's initial public offering in New York this April, more than two years after the company's application to the CSRC. (Nasdaq)
· PAK YIU
LaMelo Ball trade comes months after having first child with model girlfriend
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· Spencer Brod
Mets plan to call up pitching prospect Zach Thornton after David Peterson trade
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· Andrew Crane
Toyota car subscription arm Kinto shifts into high gear as profit doubles
Toyota's Yaris and Yaris Cross are among the popular models for Kinto's subscription service. (Toyota Motor)
· Staff Writer
Japan banks hesitate to buy JGBs as BOJ steps back
The Bank of Japan will continue tapering its Japanese government bond purchases through April 2027. (Photo by Nanami Sato)
· Staff Writer
UN-backed plan to free ships trapped in strait of Hormuz rejected by Iran
Blocking of proposal backed by Oman signals new threat to free passage through strait vital to world economy
· Patrickwintour, William Christou
EU member vows to oppose Ukraine arms loan
Slovak Prime Minister Robert Fico has vowed to do “everything” possible to ensure his country does not take part in the latest NATO-backed initiative to finance arms for Ukraine.
· RT
Gulf stock markets fall as oil prices return to pre-war levels
Most stock markets in the Gulf closed lower on Thursday, as oil prices fell back towards levels last seen before the start of the US-Israeli war on Iran.
· Middleeasteye
Title-hunting Timberwolves reportedly add LaMelo Ball in trade with Hornets
Charlotte get Naz Reid, seven draft picks
· Agencies
Panthers acquire gritty winger Garnet Hathaway in a trade with the Flyers
The Florida Panthers ensured they would not lose any of their grit with A.J. Greer expected to depart in free agency by acquiring Garnet Hathaway from the Philadelphia Flyers in a trade Thursday.
· Stephen Whyno
Budget balance swings to P198.5B deficit in May
THE government’s budget balance swung to a deficit in May, Bureau of the Treasury (BTr) data showed on Thursday.
· Niña Myka Pauline Arceo
Shocking LaMelo Ball trade boosts Timberwolves’ NBA championship odds
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· msmith1nyp
MSCI, Vietnam, Indonesia + Korea and us
MSCI (formerly Morgan Stanley Capital International but divested in 2007 and now independent) and S&P are the leading equity indices and they have become very critical to market weightings for global equities and the intellectual capital and property of both are much deeper and more complex that most realize given t…
· Stephen CuUnjieng
Average 30-year U.S. mortgage rate rises to 6.49%, little changed from its range the past 6 weeks
A “For Sale” sign is seen on Tuesday, Jan. 6, 2026, in Portland, Ore. (AP Photo/Jenny Kane, File)
· Alex Veiga
SB Finance strengthens healthcare financing with exclusive offers for doctors
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· The Manila Times
Japan firms keen on expanding in PH
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· Chynna Grace Ong
Auto sales up from ‘lean April’, still down year to date
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· The Manila Times Staff
PH gross savings hit P8.4T in 2025
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· Niña Myka Pauline Arceo
Fitch flags rising risks for Philippine banks
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· The Manila Times
Doug Petno and Troy Rohrbaugh rise as potential successors to Jamie Dimon
Jamie Dimon, CEO of JPMorgan Chase, speaks at the America Business Forum, Nov. 6, 2025, in Miami. (AP Photo/Rebecca Blackwell, File)
· Ken Sweet
Anthropic accuses Alibaba of campaign to ‘brazenly’ and ‘illicitly’ rip off its AI capabilities
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· Marc Vartabedian
Japan to smooth nuclear plant approvals with earlier counterterrorism reviews
The Japanese government aims to replace as many as 14 reactors by the 2050s. (Photo by Nikkei)
· Staff Writer
US supreme court blocks thousands of lawsuits over Roundup maker’s pesticide warning labels
The case, Monsanto v Durnell, specifically dealt with claims that the company failed to warn users of product risks
· Carey Gillam, Dharna Noor
Cubs acquire LHP David Peterson in a trade with the Mets, AP source says
New York Mets relief pitcher David Peterson delivers during the second inning of a baseball game against the Philadelphia Phillies, Sunday, June 21, 2026, in Philadelphia. (AP Photo/Chris Szagola)
· Mike Fitzpatrick
EU keeps Airbus-Boeing trade truce alive
BRUSSELS — EU countries voted on Thursday to keep on ice the bloc’s retaliatory tariffs against the United States in the long-running Airbus-Boeing dispute, two EU diplomats told POLITICO.
· Camille Gijs, Tommaso Lecca