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American home building slumped again in November

3 years 9 months ago
Home building pulled back in November, as buyers faced spiking mortgage rates topping 7% that make homes increasingly unaffordable. Rates fell slightly through the month, but are still double what they were a year ago, continuing to put pressure on new home purchases.

Europe finally agrees to cap gas prices

3 years 9 months ago
Europe has agreed to a cap on natural gas prices, following months of debate over whether the measure will protect European households and businesses from extreme price spikes as temperatures plummet.

China bets on private sector to boost Covid-hit economy

3 years 9 months ago
Beijing has vowed to go all out next year to save its Covid-hit economy by boosting consumption and loosening control over private industry, including the struggling tech and property sectors. The new pledge marks a big shift from leader Xi Jinping's years-long effort to rein in private businesses, which were perceived as too powerful and "disorderly."

The iconic photograph that made time stand still

3 years 9 months ago
Exploding with energy but perfectly still, Harold "Doc" Edgerton's 1964 image of a .30-caliber bullet ripping through an apple showed an otherwise unseeable moment in captivating detail. The scene took on a serene, sculptural beauty as the disintegrating apple's skin burst open against a deep blue backdrop.
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