Brokers and banks overwhelmed as Australians rush for a mortgage

The nation’s banks are struggling to process an unprecedented number of new mortgages as over-excited buyers snap up high-priced homes at Saturday auctions before they have locked in the funding to close the deal. ANZ chief executive Shayne Elliott revealed his bank had wound back home loan marketing because demand was so strong while mortgage brokers said they were flat […]

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Coca-Cola pauses aggressive diversity plan after chief lawyer resigns

More On: coca-cola Companies, celebs sign statement blasting state voting restrictions Republicans take aim at ‘woke’ corporations amid Georgia boycotts Trump calls for boycott of MLB, Coke, Delta after they opposed Georgia voting law Activists push Coca-Cola to take stand against Georgia election law Woke Coke has gone flat. Coca-Cola has paused its controversial diversity plan — that included penalties […]

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Tesla and Elon Musk are on thin ice with China

Elon Musk has done a better job at selling and making cars in China in just two years than he has in the US over the past decade. As a foreign business, he’s also had a smooth ride with the authorities – until recently. Last month, a Tesla owner at the Shanghai Auto Show protested the company by jumping onto […]

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The New York City Recovery Index: April 27

Editor’s note: Below you’ll find the week 38 release of the NYC Recovery Index, originally published April 27, 2021. Visit the NYC Recovery index homepage for the latest data. New York City’s economic recovery remained relatively flat week-over-week as of April 17, falling slightly to a score of 57 out of 100 — one of the highest scores of 2021. Although there […]

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Chicken shortage in US being blamed on pandemic, fried sandwich craze

More On: restaurants NJ brothers start cross-country trek to support restaurant workers Alleged Peter Luger shooter wanted for armed robbery in North Carolina State ban on temporary liquor licenses unfairly targets NYC Gov. Cuomo expands NYC indoor dining to 75 percent capacity Chicken-lovers are going to have to wing it through the Great Poultry Crisis of 2021. America’s biggest fast-food […]

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MoMA replaces Leon Black, calls him ‘outstanding’

More On: moma Leon Black named ‘independent’ directors to Apollo despite deep ties Jeffrey Epstein-plagued Leon Black to step down as MoMA chairman MoMA in talks with chairman Leon Black over his Jeffrey Epstein ties MoMA supporting chairman Leon Black despite ties to Epstein The Museum of Modern Art on Tuesday praised its outgoing billionaire chair Leon Black, who recently […]

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This Is the State Where the Population Dropped Fastest, Census Shows

The U.S. population grew at the slowest rate since the 1930s over the period from 2010 to 2020. The decennial census, used for a number of things, including the apportioning of congressional districts, showed that over the 10 years that ended April 1, 2020, the number of Americans rose 7.4% to 331,449,281. Officials said the birthrate fell, as did immigration. […]

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Kim Kardashian’s Skims shapewear valued at $1.6 billion

More On: kim kardashian Wild West: Check out Kanye’s 4,524-acre Wyoming ranch amid divorce Drake’s ‘Scary Hours 2’ has fans wondering about Kim Kardashian rumors Here’s the mansion Kim K will reportedly get in the Kanye divorce An ode to Kim Kardashian and Kanye West’s bizarre $60M Hidden Hills home Kim Kardashian’s newest startup just joined her in the billion-dollar club. […]

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Tesla stock surges after posting record deliveries in first quarter

More On: tesla Tesla more than doubles Q1 sales, delivers 185,000 vehicles You can now pay your Visa bill with cryptocurrency Elon Musk posts tweet that Tesla could soon be bigger than Apple — then deletes it Labor officials order Elon Musk to delete anti-union tweet Tesla’s stock price surged to its highest level in weeks early Monday as investors […]

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