CDBG to shoulder supply crisis in housing bill overhaul
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Stripe is in talks to buy OpenRouter, an artificial intelligence (AI) startup that could sell for roughly $10 billion, according to The Wall Street Journal. The move would mark a significant step outside payments for a company that processes transactions for much of the internet. It also lands while Stripe pursues a far larger target:…
John Healey has been appointed as the new Chancellor of the Exchequer in Prime Minister Andy Burnham’s cabinet, replacing Rachel Reeves. Healey, the Labour MP for Rawmarsh and Conisbrough, previously served as Secretary of State for Defence under Keir Starmer before resigning over funding disputes. His appointment comes as the property industry urges the new…
Developers in Buckeye, AZ, are eyeing a plan to build hundreds of affordable housing units in the city, but they say there’s just one problem: longtime local Councilman Tony Youngker. Youngker’s family homestead is sitting on a plot of land smack in the middle of the proposed 375-unit project, and its developer, Dominium, says Youngker…
News Updated: Wednesday, August 5, 2026, 11:04 [IST] The Reserve Bank of India (RBI) on Wednesday, August 5, kept the benchmark repo rate unchanged at 5.25%, while retaining its neutral policy stance as policymakers weighed persistent geopolitical tensions in West Asia, elevated energy prices and continued uncertainty in the global economic environment. The decision was…
More than half of aspiring homeowners doubt that they will ever get onto the housing ladder, new research has found. The latest annual survey by HomeOwners Alliance (HOA) reveals that the proportion of non-homeowners who aspire to get on the housing ladder has risen from 64% in 2025 to 73% this year. However, it found…
Darrell Walker has been appointed managing director of mortgages at LendInvest to lead the division through a phase of growth. He joins from challenger buy-to-let (BTL) lender Chetwood Bank, where he worked for around three years, most recently as group sales director for its brands ModaMortgages and CHL Mortgages. Walker’s appointment comes shortly after LendInvest announced record lending of…