Iran attack: Flights canceled and diverted across the Middle East amid U.S. and Israel military operation

The U.S. and Israel’s attack on Iran led to commercial flights disruption on Saturday across the Middle East and beyond as regional airspaces began closing and tens of thousands of travelers around the globe were stranded. Israel, Qatar, Syria, Iran, Iraq, Kuwait, and Bahrain closed their airspace, while Oman’s Muscat International Airport shut down and…

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Zillow revises its home price forecast across over 400 housing markets—see the map

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Zillow economists just published their updated 12-month forecast, projecting that U.S. home prices—as measured by the Zillow Home Value Index—will rise +0.9% between January 2026 and January 2027.  That’s a mild downward revision from its 12-month forecast published last month (+2.1%). At its…

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JPMorgan warns a ‘parallel banking system’ is emerging—and it could put trillions in deposits at risk

Stablecoins that offer interest-bearing rewards may increasingly resemble bank deposits. But unlike traditional deposits, they lack the regulatory safeguards that undergird the banking system. That gap, according to JPMorgan CFO Jeremy Barnum, risks creating what he calls a “parallel banking system.” The issue is already on lawmakers’ agenda. During JPMorgan’s fourth-quarter 2025 earnings call, Evercore…

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