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Greg Ip explains how targeted price jumps in eggs, beef, housing, and more outstrip income gains, leaving first-time homebuyers and renters strained—half now spend over 30% of income on housing alone. Quick policy ideas like tariffs, rent controls, or rate cuts carry risks of recession or renewed inflation, he warns. Leaders like President Trump and NYC Mayor-elect Zohran Mamdani highlight the issue, while many call for bold changes from market shifts to reforms ending the Fed or curbing investor home buys.

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Families feel the pinch from higher housing, groceries, and everyday bills, even as wages slowly rise and inflation eases. A top economist asks if real relief is possible without bigger problems down the road.

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In a letter to Treasury Secretary Scott Bessent and Attorney General Pam Bondi dated Tuesday, Democratic Senators Elizabeth Warren and Jack Reed requested an investigation by December 1 into World Liberty Financial's compliance with anti-money laundering rules, sanctions, and governance. The demand stems from a September report by Accountable.US alleging the project sold $WLFI governance tokens to wallets linked to North Korea's Lazarus Group, a Russian sanctions-evasion stablecoin, Iran's NoBitex exchange, and the sanctioned mixer Tornado Cash. DT Marks DEFI LLC, controlled by Donald Trump and his family, holds 22.5 billion tokens and receives 75% of sales revenue, while the project lists Trump family members in prominent roles; World Liberty Financial maintains it has robust compliance measures with no evidence of wrongdoing.

Key Takeaway

Senators Elizabeth Warren and Jack Reed have fired off a letter urging a federal probe into World Liberty Financial, the Trump family's crypto project, over alleged sales to North Korean hackers and sanctioned entities.

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Ronald Araujo, a defender for FC Barcelona, has arrived in Nazareth, Israel, on a religious and cultural trip aimed at achieving a spiritual reset to regain strength and recover. Photos show him smiling and posing with locals in indoor settings featuring wooden walls and trophy shelves, as well as outdoors near wooden structures. The visit follows his recent challenges, including a red card in a match against Chelsea.

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At the launch of Shahrukhz by Danube, a 55-storey commercial tower on Sheikh Zayed Road, Khan called the AED 2.1 billion project a pinnacle of his journey. The event sold out instantly, with fans cheering his performance of hits like "Jhoome Jo Pathaan" alongside Farah Khan. Recent honors include his National Film Award for "Jawan" in September and a spot on The New York Times' 2025 list of 67 Most Stylish People for his Met Gala look. Dubai, a longtime hub for his business and family, now features this skyline symbol of his global reach.

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Shah Rukh Khan stood before thousands in Dubai, voice thick with emotion as he reflected on a bronze DDLJ statue in London, a National Award, and now a towering building bearing his name. For the Bollywood star whose parents passed early in his career, it felt like a moment they could watch proudly from above.

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Zo Computer debuted this week on Product Hunt, offering users a unified cloud workspace to store files, connect apps like Gmail and Notion, and use natural language prompts for AI tasks from research to automations. Founded by Ben, who shared how his biologist mother now relies on it as a personal assistant for scheduling, document organization, and code analysis, the platform emphasizes data ownership with open formats, SSH access, and swappable AI models like GPT-5 and Gemini 2.5. Amid praise from early adopters for its personalization potential, some raised privacy questions about third-party LLMs and noted alternatives like local setups, as minor launch glitches highlighted its ambitious goal to make personal cloud computing as intuitive as a smartphone.

Key Takeaway

Imagine texting your cloud server to juggle schedules, organize files, and build custom apps—all while keeping full control of your data. Zo Computer, founded by former Stripe and Venmo engineer Ben, brings this vision to life with an always-on intelligent machine for everyone.

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The event last Thursday drew Muslim, Jewish, and Christian students to discuss religious commonalities, but Mady—after praising sharia law's punishments and societal reforms—abruptly condemned Bratman, director of CUNY Hillel, prompting nearly 100 Muslim participants to walk out, leaving about 20 attendees. Moderator Joshua Medina expressed shock and apologized, while Bratman called the incident '100 percent antisemitic.' New York Governor Kathy Hochul condemned it as antisemitism and demanded accountability from CUNY, which launched an investigation amid online backlash and concerns over campus safety and Israel-Gaza tensions.

Key Takeaway

At a City College of New York interfaith workshop meant to bridge religious divides, self-proclaimed imam Abdullah Mady suddenly spotted Jewish representative Ilya Bratman and branded him a Zionist responsible for Gaza deaths, urging Muslim students to leave in protest.

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On Tuesday evening outside Adiala Jail in Rawalpindi, Aleema Khanum rallied PTI supporters to demand access to her imprisoned brother, former Prime Minister Imran Khan, amid denied visits and health rumors since his detention in August 2023. Despite a ban on gatherings and heightened security, the determined crowd surrounded her vehicle, marching earlier on foot to press their case. Authorities eventually allowed Aleema and sister Uzma to meet Imran, who Uzma described as physically fine but under mental pressure; PTI hailed it as a victory from public resolve, highlighting the party's lasting grassroots spirit amid ongoing legal battles.

Key Takeaway

Aleema Khanum raised her fist from the car window, smiling defiantly as supporters in traditional dress chanted back in unity under the night lights.

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Opening for Sui Northern Gas Pipelines Limited, Masood smashed the quickest double century by a Pakistani in first-class cricket, beating Inzamam-ul-Haq's 1992 record and Virender Sehwag's mark on home soil. He shared a massive 390-run stand with Ali Zaryab Asif, who made 192, as SNGPL reached 460-2 against Sahir Associates in Karachi. While other Round 1 matches saw low scores and bowling dominance, Masood's explosive knock—his second double ton of 2025—has set the tone for Pakistan's top domestic tournament.

Key Takeaway

Pakistan Test captain Shan Masood raced to an unbeaten 212 off just 177 balls, turning Day 1 into a batting masterclass that left bowlers chasing shadows.

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On Tuesday evening outside Adiala Jail in Rawalpindi, Aleema Khanum rallied PTI supporters to demand access to her imprisoned brother, former Prime Minister Imran Khan, amid denied visits and health rumors since his detention in August 2023. Despite a ban on gatherings and heightened security, the determined crowd surrounded her vehicle, marching earlier on foot to press their case. Authorities eventually allowed Aleema and sister Uzma to meet Imran, who Uzma described as physically fine but under mental pressure; PTI hailed it as a victory from public resolve, highlighting the party's lasting grassroots spirit amid ongoing legal battles.

Key Takeaway

Aleema Khanum raised her fist from the car window, smiling defiantly as supporters in traditional dress chanted back in unity under the night lights.

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