BUSINESS NEWS
- The ‘haunted’ housing market’s real problem may be too few people, not too few homes, says J.P. Morgan’s David Kelly
by Nick Lichtenberg on November 2, 2026 at 8:03 amKelly estimates the U.S. now needs just 320,000 new homes a year, down from about 1 million, as immigration enforcement slows population growth.
- Billionaire Sergey Brin is building political infrastructure that will last beyond his $102 million fight against Prop 40
by Joshua Hong on November 2, 2026 at 7:00 amBuilding a Better California is spending on more than just the wealth tax.
- The anti-Skydance: How a Nike billionaire’s backing lets Laika spend a reported $100 million on ‘Wildwood’
by Andrew McGowan on November 2, 2026 at 2:02 amThe studio behind ‘Coraline’ is run by the Nike co-founder’s son, and its films rarely make money at the box office.
- Gen Z is ditching the family SUV for the humble sedan U.S. carmakers gave up on. Now, Ford and GM are reconsidering
by Bilin Lin on November 2, 2026 at 1:43 amEight of Gen Z’s 10 most commonly driven models are sedans, new data shows. Affordability is a big reason, and Ford and GM, which abandoned the segment, are reconsidering.
- Fed Chair Kevin Warsh is actually managing U.S. debt costs not inflation, economist says, as interest rates threaten to top GDP growth soon
by Jason Ma on November 1, 2026 at 11:07 pm"We’re not in hawkish or dovish land. What’s happening is yield curve management, which itself is a function of how precarious the U.S. debt picture is."
- 2026 was meant to be the Philippines’ year—yet the country remains stuck in an ‘recurring cycle of underachievement’
by Sam Beltran on November 1, 2026 at 10:00 pmWhat was meant to be a breakout year, highlighted by the Philippines’ turn as ASEAN chair, has instead become a case study in how it keeps falling short.
- As Trump eyes new attack, Iran vows to retaliate beyond the Mideast and target financial assets, while oil markets brace for generational damage
by Jason Ma on November 1, 2026 at 8:11 pmOn Saturday, Ayatollah Mojtaba Khamenei warned Iran’s response would be "without any geographical limitations."
- Soaring health insurance costs are quietly preventing wages from rising higher, while workers also shoulder a larger share of premiums, economist says
by Jason Ma on November 1, 2026 at 5:34 pmIf employer contributions had instead grown at 3%, which was the pace a few years ago, wage growth would be about 0.2-0.3 percentage points faster today.
- How Southeast Asia can realize its commercial promise amid geopolitical rivalry
by Lynn Kuok on October 31, 2026 at 5:00 amCountries have a shared interest in defending international law—even when doing so may create friction with the country violating it.
- A one-person quorum: no discussion, no dissent, no disclosure at the SEC
by Andrew Behar on October 26, 2026 at 2:00 pmA quiet rule change lets a single commissioner act for the entire SEC, just as the agency strips away what investors are allowed to know.