$100K Salary Now Lower-Middle Class in 12 States
A $100,000 salary qualifies as lower-middle class in 12 states due to high living costs, with Massachusetts topping the list at $116,476. Economic anxiety fuels low Trump approval ratings.
Category : Economy
Labour MPs 'out of step' with public on cost of living
A new survey reveals 82% of Labour MPs think the government is handling the cost of living well, while 80% of the public disagrees, highlighting a major disconnect.
Nissan Expects Return to Profit After Reducing Annual Loss
Nissan reports a reduced annual loss of 533 billion yen, with signs of a turnaround. The company faces US tariffs and competition but projects a return to profitability by 2027.
Gilts Steady as Starmer Holds On; FTSE 100 Rises
UK gilts cool to 5.07% as PM Starmer clings to power amid Streeting challenge. FTSE 100 gains 0.6% led by miners. Political uncertainty weighs on markets.
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Flat Owners to Get New Rights for Faster Broadband
Flat owners in England and Wales will soon have legal rights to request faster broadband connections under new leasehold reforms, ending unreasonable delays by freeholders.
Historic Mansion Destroyed in Three-Alarm Fire on Main Line
A multimillion-dollar historic mansion on Philadelphia's Main Line was destroyed in a massive three-alarm fire. The fire broke out in the attic of the 1925 Villanova home, drawing about 100 firefighters from three counties. No injuries were reported.
Rob Key on Crawley Axe and Robinson Recall
England selector Rob Key discusses Zak Crawley's omission and Ollie Robinson's Test recall, as a reshaped squad for New Zealand series signals a new era.
Vistry warns of lower profits amid Iran war uncertainty
UK housebuilder Vistry warns of significantly lower profits due to Iran war, forced to cut prices as buyers become cautious. Shares plunge 10.5%.
World Cup 2026 Housing Crisis: Residents Fear Rent Hikes
As the World Cup nears, US host cities face housing affordability fears. Short-term rentals surge, advocates warn of rent hikes and unhoused sweeps.
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Budget Tax Reforms: Fairness vs Reality for Young Australians
Analysis of Australia's 2026 budget tax reforms shows fairness gains, but young homebuyers face continued struggles despite negative gearing changes.
Labor Tax Reforms May End Rent-Vesting for Young Australians
Labor's tax changes on negative gearing and capital gains from July 2027 may kill rent-vesting, a strategy young Australians use to enter the housing market by buying cheaper investment properties.
Dad Sparks Debate After Snatching Rodeo T-Shirt for Daughter
A father in California has divided the internet after he snatched a t-shirt from a woman at a rodeo to give to his young daughter, sparking a debate over parenting and entitlement.
UK Obesity Rates Plateau, Weight Loss Jabs May Help
UK obesity rates are plateauing at high levels, with weight loss jabs like Wegovy potentially driving future reductions, but experts urge focus on healthy food access.
Restart Naming British Trains: Brighton Belle and Royal Scot
Simon Calder argues for reviving the tradition of naming trains, a low-cost way to restore romance and enhance public image as Great British Railways takes over.
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Australia Warned of NZ Housing Disaster from Tax Changes
Experts warn Australia risks repeating New Zealand's failed tax experiment on negative gearing, which led to soaring rents and reduced housing supply.
CBA shares plunge 10.4% on bad loan fears, budget changes
Commonwealth Bank's share price fell 10.4% after raising bad loan buffers by $200m to $6.5bn, amid economic downturn fears from Middle East conflict and Australian budget changes.
Netflix Confirms Sequel to 10/10 Series La Palma
Netflix has announced a sequel to the hit series La Palma, titled Florida, set to release in 2027. The original boasted a 100% rating and 70.3 million views.
Americans Average 5.2 Subscriptions, Spending $70 Monthly
Americans manage 5.2 subscriptions averaging $69 monthly ($830/year). 36% prefer more ads for lower fees. Costs rose 19% since 2020; 37% canceled recently.
Edgar Davids' friend loses bid to withdraw fraud plea
Nabila Habiby, who stole Dutch football star Edgar Davids' £188,000 art collection, faces jail after a judge rejected her attempt to withdraw her guilty plea for fraud.
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UK Heatwave: Expert Warns on Patio Makeover Mistakes
As the UK prepares for a four-day dry spell with temperatures up to 24°C, a design expert warns that DIY patio makeovers can backfire, offering advice on what your paving says about you.
UK Households Stockpile Cash and Supplies for Emergencies
New research reveals that over one in seven UK households keep emergency cash, while many store torches, tinned goods, and power banks for potential crises like cyber attacks or natural disasters.
UK Bond Yields Stable but Leadership Challenge Looms
UK government borrowing costs stabilize amid political turmoil, but a leadership challenge could spike yields, impacting mortgages and public finances.
UK CEO Pay Soars 15% as Worker Wages Stagnate
FTSE 100 bosses saw 15% pay rise to £5.2m average, while workers got 4.85%. Harbour Energy CEO Linda Cook earned nearly £11m, sparking criticism.
UK Staycations Could Boost Economy by £3.3bn
Redirecting 10% of overseas holiday spending to UK staycations could inject £3.3bn into the economy, rising to £6.25bn if travel disruption continues, according to Go.Compare analysis.
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Vertu Warns Iran War Could Push Car Prices Higher
Vertu Motors warns prolonged Iran war may drive vehicle prices higher, as profits hit by EV targets and JLR cyberattack. Motor oil stockpiled amid supply concerns.
Modi Urges Indians to Stop Buying Gold for a Year
India's PM Narendra Modi asks citizens to refrain from buying gold for a year to protect foreign exchange reserves amid the US-Israel war on Iran and energy crisis.
Coasting Trend: Brits Choose Mid-Strength Drinks for Healthier Summer
A new 'coasting' trend sees UK adults opting for mid-strength alcoholic drinks, with sales up 151% year-on-year as people seek healthier choices without sacrificing taste.
Trump Furious Over Intel Report on Iran Missile Capability
Donald Trump erupted in fury after leaked US intelligence reports revealed Iran retained most of its missile capability despite months of strikes, contradicting White House boasts.
Arsenal Fans Face £130,000 Box for Title-Clinching Match
Arsenal fans hoping to see their team potentially win the Premier League title at home against Burnley face costs of up to £130,000 for a corporate box, as general tickets are sold out.
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Messi's Inter Miami Salary Doubles to $25m
Lionel Messi's new Inter Miami contract doubles his base salary to $25m, with $28m guaranteed. He outearns all MLS teams' payrolls except one.
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