NEW - China releases a study that claims U.S. Bunker Buster bombs have a vulnerability because of thinner steel sides, which could be penetrated by anti-aircraft shells
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JUST IN - Taiwan Semiconductor Manufacturing Co (TSMC) set to build 4 new factories, Fab 25, in the Central Taiwan Science Park later this year, to produce super-advanced 1.4 nanometer semiconductor wafers, aiming to make 50,000 wafers monthly and launch 2-nanometer wafers by late 2028
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US housing market weakness is growing:
In June, HALF of the top 50 metro areas saw year-over-year home price declines.
Austin, Texas, and Tampa, Florida, experienced the steepest drops of over -5%.
By comparison, in May and April, 22 and 20 of the 50 major metros saw declining home prices.
In November, just 7 of the 50 largest US metros recorded year-over-year price drops.
Cracks in the housing market are beginning to show.
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In June, HALF of the top 50 metro areas saw year-over-year home price declines.
Austin, Texas, and Tampa, Florida, experienced the steepest drops of over -5%.
By comparison, in May and April, 22 and 20 of the 50 major metros saw declining home prices.
In November, just 7 of the 50 largest US metros recorded year-over-year price drops.
Cracks in the housing market are beginning to show.
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