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Corporate news, markets, and the economy

UK Housing Paradox: Why Rising Rates Made Homes More Affordable
Business

UK Housing Paradox: Why Rising Rates Made Homes More Affordable

The Bank of England's March decision to hold interest rates at 3.75% defied expectations, yet paradoxically improved housing affordability. Despite rising mortgage costs, first-time buyers in the UK now face their best conditions in a decade.

Polymarket's 'Situation Room' opens in DC amid regulatory grey zone
Business

Polymarket's 'Situation Room' opens in DC amid regulatory grey zone

Polymarket, a crypto-powered prediction market platform, has opened a bar in Washington DC featuring live news feeds and trading odds. The move comes as prediction markets face mounting legal challenges from states arguing they resemble unlicensed gambling.

Sandilands takes $100m contract dispute to Federal Court
Business

Sandilands takes $100m contract dispute to Federal Court

Kyle Sandilands has filed legal action against ARN Media in the Federal Court, alleging the network unlawfully terminated his $100 million contract following an on-air disagreement with co-host Jackie O Henderson.

Fuel Crisis Pushes Transport Operators Toward Shutdown
Business

Fuel Crisis Pushes Transport Operators Toward Shutdown

Australia's transport sector faces potential collapse as soaring diesel costs squeeze operators with razor-thin margins, with trucking associations warning of parked fleets and empty supermarket shelves by mid-April.

Apple's Failed Halide Deal Unravels in Messy Lawsuit
Business

Apple's Failed Halide Deal Unravels in Messy Lawsuit

A lawsuit between Halide camera app co-founders reveals Apple was close to acquiring the company to boost iPhone 18 Pro capabilities. The deal collapsed in September 2025, then one founder joined Apple anyway.