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14:24
The supply of new homes for sale in the United States in May decreased by 1.4% year-on-year to 496,000 units.
Despite this, based on the current sales pace, this is equivalent to 10.3 months of supply, marking the highest level since 2009. In order to reduce the surplus inventory of new homes on the market (including so-called "speculative housing," which is constructed without a signed contract), contractors have slowed down the construction progress.
14:19
Tarek Mansour: Kalshi will not IPO in 2026, the window is expected to be between 2027 and 2028.
According to CNBC, Kalshi CEO Tarek Mansour stated that the company will not conduct an IPO in 2026, and the anticipated listing window is between 2027 and 2028. Tarek Mansour said that Kalshi has strengthened its compliance system, including enhancing KYC processes, verifying trader employer information, and initiating legal action against suspected violations.
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