Author: kumbhorg

On July 11, Congress passed the Twenty-First Century ROAD to Housing Act, a rare display of bipartisan action aimed at addressing affordability concerns. An amendment incorporated into the bill, however, undercut that effort by blaming institutional investors, feeding Washington’s near-insatiable appetite for cheap villains and easy fixes to multifaceted challenges.   Homeownership may be the ultimate signifier of the American Dream: private property serving as both shelter and investment. But that dream may be out of reach for a growing number of young people. The central explanation, an undersupply of roughly 10 million homes, is statistically correct and yet seemingly…

Source: Financial Times

Pakistan head coach Sarfaraz Ahmed responded to reports that the Pakistan Cricket Board (PCB) had threatened to abandon the second Test against England after Day 2. Sky Sports aired an interview with the sons of former Pakistan captain and prime minister Imran Khan during the Day 1 lunch break. England hold the upper hand in the second Test at the Lord’s. The Joe Root-led team ended Day 2 (Friday, August 28) on 81/3 in their second innings. They extended their overall lead to 261 runs with seven wickets in hand. Notably, the hosts had also secured an innings-and-103-run victory in…

Enzo Maresca insisted Manchester City’s opening difficulties at Selhurst Park only made the 4-1 win more pleasing, as the City manager lavished praise on Rayan Cherki. Two goals from Cherki and a brace from Erling Haaland sealed a comfortable win on a night that started awkwardly before City found their rhythm. “Probably the first five or 10 minutes we saw how difficult it was,” he said. “It’s a difficult pitch and tough opponents. After 10 minutes we controlled the game on the ball and off the ball and deserved to win. “The intensity on the team has been good. We…

The Colorado Avalanche and Barlett Hockey announced they have signed defenseman Cale Makar to a historic eight-year, $163.2 million extension. When the new contract kicks in on July 1, 2027, Makar will have an AAV of $20.4 million. Cale Makar signs an 8 year deal $163.2 million deal. $20.4 million AAV As mentioned this morning it felt the deal would get done today. Highest paid player in the NHL. #goavsgo — Jim Biringer (@JimBiringer) August 28, 2026 Makar becomes the first $20 million man in NHL history. His $20.4 million AAV is $400k less than the allowable 20 percent, or…

The US has reached a deal with Venezuela to control more than 65 billion barrels of its proven oil reserves, according to President Donald Trump.”This Historic Transaction MORE THAN DOUBLES American Oil Reserves, greatly increases our Oil Supply, and will substantially lower Gas Prices for all Americans,” Trump posted on social media.After the US arrested Venezuela’s then-President Nicolás Maduro earlier this year, Trump vowed to tap its reserves – the world’s largest. More recently, he has been under pressure to bring gas prices down at home.Secretary of State Marco Rubio called the deal “a huge win for both the American…

Bitcoin slid Friday afternoon, cooling down after a phenomenal run following huge investment from U.S. ETF buyers.  The leading cryptocurrency was trading for $77,379 on Friday afternoon in New York after dropping more than 3% over a 24-hour period.  Bitcoin hit a high this week of $81,281 but slowed down after Federal Reserve Chair Kevin Warsh gave his first major speech as head of the central bank — saying on Friday that he had “more work to do” to fight inflation.  The Bitcoin price has in the past dropped when the Federal Reserve thinks inflation is too high because it…

‘Khalifa’ box office collection day 9 vs ‘Bethlehem Kudumba Unit’_ Prithviraj Sukumaran’s movie. Prithviraj Sukumaran’s ‘Khalifa’ recorded a decline in its domestic box office numbers on Day 9. The action movie directed by Vysakh earned less than it did on the previous day. Meanwhile, Nivin Pauly and Mamitha Baiju’s ‘Bethlehem Kudumba Unit’ continued its strong run with another day of growth.According to Sacnilk, ‘Khalifa’ collected an estimated Rs 1.05 crore net in India on its second Friday. The figure marks a 20.5% drop from the Rs 1.32 crore earned on Day 8.The latest numbers have taken the movie’s India net…

By Scott Cooper, updated August 29, 2026 From the way they dress to the beliefs they hold, there are many aspects that separate generations from one another. Unsurprisingly, this generational gap is also noticeable in the way people understand and manage money and, by extension, the way they approach new financial instruments, such as crypto.  Digital currencies represent a new asset class that, despite having grown substantially over the past years and gaining more legitimacy, continues to split the public into separate camps. People use all sorts of tools and metrics such as the Crypto Fear & Greed Index, the…

Belgium beat India (AP Photo) India’s spirited fightback ended in heartbreak as Belgium prevailed in a tense penalty shootout after the two sides played out a thrilling 3-3 draw in regulation time. India had made the brighter start and took the lead through Abhishek, whose sixth-minute field goal gave the hosts a 1-0 advantage. Belgium responded with sustained pressure, earning multiple penalty corners, but India’s defence held firm.The match changed dramatically in the second quarter. Roman Duvekot restored parity for Belgium with a close-range finish before Hugo Labouchere put them ahead with a powerful drag-flick from a penalty corner. Belgium…