Cash Individual Savings Accounts (Isas) in the UK have surged in popularity, with £73.5bn invested over 18 months. Their tax-free benefits and accessibility appeal to savers seeking secure, flexible options.
The Indian stock market faced a notable downturn as BSE Sensex dropped by 150 points and Nifty50 hovered near 23,800. Global economic uncertainty, COVID-19 concerns, corporate earnings, and macroeconomic data contributed to the decline.
In May, the housing market saw a record surge in home prices, causing sales to stall. High mortgage rates, limited inventory, and economic uncertainty are major factors contributing to this trend.