Trump sued the newspaper and its owners including Rupert Murdoch in a Florida federal court last summer and asked for at least $10b (£7.4bn) in damages.
Trump sued the newspaper and its owners including Rupert Murdoch in a Florida federal court last summer and asked for at least $10b (£7.4bn) in damages.
MoMo Productions/DigitalVision via Getty Images U.S. existing home sales were down 3.6% M/M to 3.98M, vs. 4.08M consensus and 4.13M prior (revised from 4.090M), according to data released by the National Association of Realtors on Monday. Sales decreased 1% year-over-year. Month-over-month sales fell in all four regions. Year-over-year sales rose in the South and West and fell in the Northeast and...
MoMo Productions/DigitalVision via Getty Images U.S. existing home sales were down 3.6% M/M to 3.98M, vs. 4.08M consensus and 4.13M prior (revised from 4.090M), according to data released by the National Association of Realtors on Monday. Sales decreased 1% year-over-year. Month-over-month sales fell in all four regions. Year-over-year sales rose in the South and West and fell in the Northeast and Midwest. "March home sales remained sluggish and below last year's pace," said Chief Economist Lawrence Yun. "Lower consumer confidence and softer job growth continue to hold back buyers." Total housing inventory rose 3.0% month-over-month and 2.3% year-over-year to 1.36M units. "Inventory remains a major constraint on the market," noted Yun. "The inventory-to-sales ratio, or supply-to-demand ratio, is below historical norms." "Because inventory remains limited, the median home price rose to a new record high for the month of March," said the NAR Chief Economist. Median existing-home price for all housing types advanced 1.4% from a year ago to $408,800, the 33rd consecutive month of year-over-year price increases. The Housing Affordability Index fell to 113.7 in March from 117.5 in February, but remained above 104.2 in March 2025. "Mortgage rates have been rising, and that has led us to trim our home sales outlook for the year," said Yun. The association now expects existing home sales to rise by 4% in 2026, down from the previous projection. New home sales are now expected to remain flat, a downward revision from the prior forecast of a 5% gain. Meanwhile, the median home price forecast remains unchanged, with prices still projected to rise 4% in 2026. More on U.S. Economy America is getting older and will soon be shrinking U.S. recession odds fade as economic data keep beating War alone doesn't explain record-low consumer sentiment - Jim Bianco
Klaus Vedfelt/DigitalVision via Getty Images Shares of Atlassian Corporation ( TEAM ) have been in an absolute freefall as of late, with investors being really concerned about the disruptive impact of AI on the business. A >$300 stock a little over a year ago has now fallen to lows in the fifties, levels first and last seen in 2018. By now, sales multiples have collapsed to just over 2 times. Real...
Klaus Vedfelt/DigitalVision via Getty Images Shares of Atlassian Corporation ( TEAM ) have been in an absolute freefall as of late, with investors being really concerned about the disruptive impact of AI on the business. A >$300 stock a little over a year ago has now fallen to lows in the fifties, levels first and last seen in 2018. By now, sales multiples have collapsed to just over 2 times. Realistic break-even levels are in sight, and realistic profits are likely to be seen going forward thanks to recent cost-cutting efforts. By now, the valuation might be cheap enough to contemplate a position here, in the full understanding that this is a highly speculative position. Other, higher conviction ideas, including recent M&A efforts, can be found at Value In Corporate Events . Solid Growth—Collapsing Stock In February, Atlassian reported a 23% increase in second-quarter sales, that is, for the quarter that ended on December 31, 2025. Revenues were reported at $1.59 billion. Despite the strong growth and formidable revenue base, Atlassian still reported a GAAP operating loss of $47 million, down a little from the year before. In all fairness, GAAP earnings were depressed by a $25 million amortization charge, as otherwise there were some small, realistic losses reported. The company reports large adjusted earnings, but these are very adjusted, including nearly half a billion dollars of stock-based compensation expense. The cash flow statement revealed that some $1.2 billion was spent on M&A during the quarter, following the completion of the deal for DX as well as The Browser Company of New York. In part because of these deals, net cash holdings have come down to about half a billion here, and despite the GAAP losses reported, cash flow is not the biggest concern given the dilution (with shares issued to staff). With some 264 million shares outstanding, a $57 stock price implies that shares are valued at around $15 billion. That, of course, is a giant reduction from pe...
The American military on Monday was implementing a blockade on all ships entering and exiting Iranian ports. President Donald Trump and the Pentagon both said the blockade would be starting at 10 a.m. Eastern.
The American military on Monday was implementing a blockade on all ships entering and exiting Iranian ports. President Donald Trump and the Pentagon both said the blockade would be starting at 10 a.m. Eastern.
(RTTNews) - Shares of RedCloud Holdings plc (RCT) are gaining about 96 percent on Monday morning trading after the company signed a five-year licensing agreement up to $30 million, to deploy its RAID engine in the Kingdom of Saudi Arabia.
(RTTNews) - Shares of RedCloud Holdings plc (RCT) are gaining about 96 percent on Monday morning trading after the company signed a five-year licensing agreement up to $30 million, to deploy its RAID engine in the Kingdom of Saudi Arabia.
Our tester hauled, hurdled and army-crawled his way to crowning the best carry-on luggage. Plus, Michelle Ogundehin’s shopping secrets and meal kits, tested • Don’t get the Filter delivered to your inbox? Sign up here Want to get fit, quick? Try testing the best cabin bags over a muddy assault course in Leeds. Seldom have I showered so gratefully or slept as soundly as I did after this product tes...
Our tester hauled, hurdled and army-crawled his way to crowning the best carry-on luggage. Plus, Michelle Ogundehin’s shopping secrets and meal kits, tested • Don’t get the Filter delivered to your inbox? Sign up here Want to get fit, quick? Try testing the best cabin bags over a muddy assault course in Leeds. Seldom have I showered so gratefully or slept as soundly as I did after this product test. The first and thorniest challenge was logistical. How would I get a selection of suitcases – the seven top performers in routine testing – from my house to the West Leeds Activity Centre , on the other side of the city? The best spring jackets for women: 12 favourites for every forecast The best mascaras for longer, fuller and fluttery lashes: 12 favourites worn and rated by our beauty expert How I Shop with Michelle Ogundehin: ‘We grownups have enough stuff already’ ‘A good, strong squeak’: the best supermarket halloumi, tasted and rated The best water flossers, tested for that dentist-clean feeling ‘Fresher than anything in a shop’: the best recipe boxes and meal kits for time-poor foodies, tested Continue reading...
In Artemisa, the country’s agricultural heartland, sanctions and fuel shortages have made a tough life almost impossible Abraham Rodríguez stares at the corn furrows he must plough before the end of the day. It is not even noon in Artemisa, Cuba , but the sun beats down hard and he’s already tired: working the land is a tough job. He has done it for almost half his life, since he was 13 and his mo...
In Artemisa, the country’s agricultural heartland, sanctions and fuel shortages have made a tough life almost impossible Abraham Rodríguez stares at the corn furrows he must plough before the end of the day. It is not even noon in Artemisa, Cuba , but the sun beats down hard and he’s already tired: working the land is a tough job. He has done it for almost half his life, since he was 13 and his mother got a divorce. He is turning 26 this year. Farming has always been hard, he says, but now it is almost impossible to sustain. “I make 1,200 pesos (£1.80) a day, so I have to work two days to buy a bottle of oil.” Continue reading...
Members of Sunrise Movement chapter claim university’s energy center engaging in deceptive trade practices A thinktank at Columbia University is engaging in deceptive trade practices by hiding the extent of its financial ties to the fossil fuel industry, according to a first-of-its-kind administrative complaint filed by student activists and shared with the Guardian. Columbia’s Center on Global En...
Members of Sunrise Movement chapter claim university’s energy center engaging in deceptive trade practices A thinktank at Columbia University is engaging in deceptive trade practices by hiding the extent of its financial ties to the fossil fuel industry, according to a first-of-its-kind administrative complaint filed by student activists and shared with the Guardian. Columbia’s Center on Global Energy Policy (CGEP) describes itself as an independent organization producing research on energy policy. But that representation is “misleading”, alleges the complaint to the New York City consumer protection bureau, filed Monday by Columbia’s chapter of the youth-led environmental justice organization the Sunrise Movement. Continue reading...
Welcome back to Bloomberg’s Auto Monitor , a weekly roundup of stories on the automotive industry from reporters around the world. Sign up now if you’re not already on the list. Tesla won approval from Dutch regulators for its controversial FSD driver-assistance product, but the green light comes with a caveat. We also have stories on Porsche’s slumping sales in China and surging electric-vehicle ...
Welcome back to Bloomberg’s Auto Monitor , a weekly roundup of stories on the automotive industry from reporters around the world. Sign up now if you’re not already on the list. Tesla won approval from Dutch regulators for its controversial FSD driver-assistance product, but the green light comes with a caveat. We also have stories on Porsche’s slumping sales in China and surging electric-vehicle registrations in Austria. All this and more, below. — Will Wilkes and Charlotte Hughes-Morgan Market Snapshot Tesla Inc $350.01 +0.3% General Motors Co $75.33 -1.4% BYD Co Ltd $110.30 +4.9% Volkswagen AG $89.65 -1.6% Market data as of 09:51 AM ET. Data is subject to provider delays. The big story Elon Musk has long billed the partial-automation system Tesla markets as Full Self-driving, or FSD, as a remedy for Tesla’s European sales slump. While the driver-assistance features now have the green light from a major safety authority, a revival won’t be so simple. After more than a year of testing, regulators in the Netherlands on Friday signed off on the software , opening the door to a broader European rollout. Approval comes with a caveat, though. The country’s RDW vehicle authority is making it very clear that the European version of the system has tighter constraints baked in than its US counterpart. “FSD Supervised is not self-driving,” RDW said in its approval statement , adding that drivers must remain attentive and ready to take over at all times, with warnings escalating if they don’t. “This means that the FSD Supervised version in the US is not comparable to the FSD Supervised version in the EU.” In short, the relatively laissez-faire use of the system in the US — where drivers have posted videos of themselves eating and climbing into the back seat while the car is in motion, without the system cutting out — won’t be tolerated in Europe. The RDW was explicit: Users won’t be able to read a newspaper at the wheel without being ordered to retake control. That’s a setbac...