Pelosi Nvidia stock bet paying off big
Former House Speaker Nancy Pelosi and her husband, Paul Pelosi, are on track for a hefty payday thanks to his latest bet on Nvidia stock, according to analysts that track the trades of members of Congress and their family members.
The California Democrat’s husband, Paul, who owns a San Francisco investment and consulting firm, scooped up between $1 million and $5 million worth of call options in computer chip company Nvidia on Nov. 22. Pelosi, however, held off on reporting the transaction unti ...
The U.S. Housing Shortage is Getting Worse, Report Shows
America’s chronic housing shortage, which has pushed up rents and home prices to increasingly unaffordable levels, is getting worse by the year.
That’s according to a newly published analysis by online real estate firm Zillow, which found that the U.S. had 4.5 million fewer homes than it needed in 2022, up from 4.3 million in 2021, as the population has increased much faster than the housing supply.
Economists have blamed the under-building of homes since the Great Recession for a host of econo ...
US Navy warships are stuck in a Red Sea battle they can't fight forever
The US Navy warships deployed to the Middle East have found themselves locked in a high-tempo operating environment as they work around the clock to battle unprecedented attacks from a restless enemy.
The Houthis have proven to be a wily and formidable foe. Five months after rounds of US-led coalition airstrikes to “disrupt and degrade” their capabilities, the militants continue to wreak havoc. They’re routinely forcing the US-led task force to intercept their missiles, bomb boats, and flying d ...