Author: Money Mechanics

NEW DELHI, INDIA – JULY 9: People are seen crossing a waterlogged road after the heavy rainfall at Gazipur Sabzi Mandi on July 9, 2026 in New Delhi, India. (Photo by Raj K Raj/Hindustan Times via Getty Images)Hindustan Times | Hindustan Times | Getty ImagesIndia’s consumer price inflation rose to 4.38% in June, up from 3.93% in May as the U.S.-Iran war ‌and a weak monsoon raised food and fuel prices, adding to cost pressures.The headline inflation number was above economists’ expectations for a 4.30% rise, according to a Reuters poll.The year-on-year inflation rate based on the All India Consumer…

Joe Raedle/Getty ImagesFollow ZDNET: Add us as a preferred source on Google.ZDNET’s key takeawaysStarlink’s 100,000 satellites will dwarf existing constellations.When deployed, SpaceX promises the network will deliver gigabit speeds.When it comes to satellite internet, Starlink has no real competition.Do you like Starlink internet? If so, you’ll love that its parent company, SpaceX, has applied to the Federal Communications Commission (FCC) for permission to launch 100,000 third-generation (Gen3) Starlink satellites. The upshot for users? SpaceX promises to deliver “ultra-low-latency” multi-gigabit symmetrical broadband. Now, I’ll believe that when I see it. Today’s advertised peak is “up to” around 300 to 400+ Mbps…

To help you understand what is going on in the economy and beyond, our highly experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You’ll get all the latest news first by subscribing, but we publish many (but not all) of our forecasts a few days afterward online. Here’s the latest…Car sales will generally hold up this year. But affordability is a growing buyer concern. Here’s what to know if you’re in the market.Dealerships will remain relatively busy, with about 16 million cars and light…

Real estate agents are ethically obligated to leave personal interest at the door when helping their client buy or sell property, but what happens when the perfect house hits the market, and an agent involved in the transaction is eyeing it for themselves? This dilemma took center stage in Austin, TX, when the city’s top luxury real estate agent, Kumara Wilcoxon, was accused by a buyer’s agent of withholding multimillion-dollar offers on a luxury Mediterranean-style villa, allegedly because listing agent Wilcoxon wanted the high-priced home for herself. The buyer’s agent, top producer Amy Deane of Moreland Properties, earlier this year filed a…

Spectrum, which is owned by Charter Communications, has decided to make another significant workforce change as it continues to battle mounting customer losses in its cable TV and internet business. Charter revealed in its latest earnings report that Spectrum lost 120,000 internet customers and 60,000 cable TV customers in the first quarter of this year. Amid these losses, the company’s revenue dipped by 1% year over year. The decline in customers comes after Spectrum increased the monthly prices of its TV Select packages by $5 and several older internet plans by $2 in July last year. On social media platform…

Lawmakers hope the bipartisan momentum brought by a new landmark housing package will bolster the odds of Congress passing more laws aimed at improving housing affordability.After a roller-coaster ride that included six months of congressional negotiation and brinksmanship by President Donald Trump, the bipartisan, bicameral 21st Century Road to Housing Act is now law.The bill is one of the most significant housing measures in decades, with over 40 provisions aimed at cutting home construction costs and incentivizing new housing supply. Congressional leaders hailed the bill as a chance to demonstrate that both parties can work together to solve problems everyday…

Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, how AI is playing a part. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! I am back from vacation. What did I miss? Turns out, quite a lot — including the end of the Uber-Waymo partnership in Phoenix. Uber and Waymo still have robotaxi service partnerships in Atlanta and Austin. The question is not if, but when will these agreements end? But that isn’t the most intriguing question, in my opinion. I am far more…

(BOE Report) – A recent escalation of hostilities between the U.S. and Iran could upend the International Energy Agency’s forecast of a significant oil market surplus next year, it said on Friday, as global supply jumped in June when the Strait of Hormuz reopened but still lagged pre-war levels. Global oil markets received some respite last month as a peace agreement between the U.S. and Iran facilitated the opening of the Strait, the effective closure of which had taken out as much as 14 million barrels per day of crude flows during the peak of the largest oil supply crisis…

Moving is never easy, but lately, more people are trying to keep the process quick, small, and breezy.In the first four months of 2026, bookings for help with a partial move were up 37% from the same period last year, while short-distance relocations jumped 29%, according to data shared by Taskrabbit. As well, same-day bookings for moving help jumped 19%.These stats indicate that more people are moving smaller loads faster across fewer miles. In other words, micro-moves are on the rise.”We’re definitely seeing a shift toward smaller, more frequent moves—people are moving for more immediate opportunities like a new job,…

Amateur retail traders consistently misplay geopolitical inflection points because they treat peace announcements as absolute, permanent realities. When the US-Iran interim memorandum of understanding was signed on June 17, 2026, the herd immediately panic-sold their long positions. They watched drop toward $73 per barrel and slide, assuming the war premium had entirely vanished. Smart money operators understand that an interim agreement is not a final treaty; it is a volatile headline loop. The recent collapse of that very memorandum following fresh shipping attacks in the Strait of Hormuz on July 8 proved how quickly a “peace trade” can invert, catching…