🔴Tamil Nadu News LIVE: TN Cabinet Expansion LIVE: CM விஜயின் அமைச்சரவை விரிவாக்கம் | புதிய அமைச்சர்கள் யார்? | CM Vijay | Tamil News LIVE | Tamil Nadu Congress | CNBC TV18
முதலமைச்சர் விஜயின் அமைச்சரவை விரிவாக்கம் | புதிய அமைச்சர்கள் யார்? | CM Vijay Cabinet Expansion
விஜயின் அமைச்சரவை விரிவாக்கம் தொடர்பான முக்கிய LIVE Updates இங்கே!
புதிய அமைச்சர்களின் பட்டியல், முக்கிய அரசியல் மாற்றங்கள், தமிழக அரசியலில் ஏற்படும் தாக்கம், மற்றும் முழு பகுப்பாய்வு அனைத்தையும் நேரலையாக பார்க்குங்கள்.
🔥 புதிய அமைச்சர்கள் யார்?
🔥 எந்த தொகுதிக்கு முக்கியத்துவம்?
🔥 விஜயின் அடுத்த அரசியல் திட்டம் என்ன?
🔥 தமிழக அரசியலில் புதிய திருப்பம்!
Tamil Nadu Chief Minister C Joseph Vijay will expand his cabinet today. Rajesh Kumar, leader of Congress legislature party and P. Viswanathan, Melur MLA, will be inducted into the cabinet. This is the first time after 1967 that Congress members will join the State Cabinet.
Twenty-one ministers are set to be sworn in tomorrow at 10 am at Lok Bhavan, including 19 from TVK and 2 from the Congress. A decision on ministerial berths for the VCK and IUML is expected either tomorrow morning or later. TVK leadership now appears to have concluded that accommodating the rebels would cost more than the numerical stability they might provide. Tamil Nadu minister Aadhav Arjuna, one of Vijay’s key political negotiators, publicly signalled the new direction on Wednesday. Congress general secretary K C Venugopal confirmed that party president Mallikarjun Kharge had approved the induction of Congress legislators S Rajesh Kumar and P Vishwanathan into the ministry. “This is a historic occasion for us, as the Congress joins the Tamil Nadu cabinet after a long gap of 59 years,” Venugopal said.
On Tuesday, CPI(M) state secretary P Shanmugam had openly warned that the party would reconsider its support if the AIADMK rebels were inducted into the Cabinet. The Left argued that their support to TVK was intended to prevent “backdoor BJP rule” and ensure governance by the single largest party elected by the people, not to facilitate the entry of legislators associated with a BJP-aligned opposition formation.
#tvkvijay #cmvijay #tamilnadugovernment #tamilnadunews #cnbctv18 #livenews
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Marie Wilson Allocated Finance Ministry In CM Vijay-Led Tamil Nadu Govt | TVK Govt
A Top-10 Mortgage Lender Has Launched an Athleisure Clothing Line
This might be one of the strangest things I’ve ever heard come out of the mortgage industry.
And the mortgage industry is no stranger to strange things.
Chicago-based Rate (formerly known as Guaranteed Rate) has launched RateFit, a so-called “lifestyle brand.”
They were the 7th largest mortgage lender in the country last year, but apparently want to do more than just get you into a home. They want to dress you too!
Perhaps it’s just a really bizarre play on cross-selling a future home buyer customer by capturing them where they shop.
RateFit Is About “True Wellness” Beyond Just Homeownership
The new, rather strange clothing line called RateFit from mortgage lender Rate is about “true wellness,” in which “your financial, physical and mental health are in harmony.”
In the release, the company noted that they’ve already helped more than two million Americans get into their homes, and now they’re “helping them thrive inside their homes.”
So they appear to be painting the mortgage financing business as a mission, and to further their mission, Rate says it’s “building the world’s largest wellness community.”
Apparently that involves getting you into some yoga pants (or bike shorts) in some nice, earth tone colors.
The initial “drop” includes “a 14-piece debut collection of everyday performance wear for men and women.”
I checked out their stuff and it basically looks like clothes you’d find at lululemon or Vuori.
For example, you might be interested in their “Motion Top” or their “Power Short.”
It’s not bad looking stuff, but I’m still kind of confused as to why a mortgage lender has launched a clothing line to begin with.
Sure, they told us why. They want to touch every part of your life, but in terms of practicality, it’s a little bizarre. And even more than that.
Just like you can’t/wouldn’t get a home loan from lululemon. But I digress.
Is This Rate’s Play to Compete with Rocket/Redfin and Other Recent Industry Tie-Ups?
Given it’s not April 1st or anywhere near it, this is apparently real.
The one thing I could semi-liken this to is the recent trend of mortgage lenders scooping up ancillary companies like Rocket’s acquisition of real estate brokerage Redfin.
Or Lower’s acquisition of real estate portal Movoto.
Or perhaps the ongoing battle to acquire Two Harbors and its apparently lucrative mortgage servicing rights, currently between CrossCountry Mortgage and United Wholesale Mortgage.
The idea with all of those ventures is to extend their reach to capture more customers since mortgage is often a game of who is first. Or simply who is in front of you when the time is right.
I know, it’s a stretch, but it allows Rate to go beyond just doling out boring old mortgages.
And it could be the first of many different product lines aimed at getting their name out there via unconventional means, especially with young people who might one day become homeowners.
Or maybe just maybe it’s a marketing ploy and I’m foolishly writing about it and now you’ve heard of the mortgage lender Rate. If so, well played.
But who knows? Maybe it’s just a passion project being fulfilled by Rate founder Victor Ciardelli.
Mach Industries Clinches $1.8 Billion Valuation as the Pentagon Focuses on ‘Drone Dominance’
Mach Industries CEO Ethan Thornton has big visions on how to scale his defense tech company. He’s just getting started.
What to Know About This Fund’s $5 Million Exit From Champion Homes
On June 1, 2026, Integrated Investment Consultants reported a full exit from Champion Homes (SKY 2.69%), selling 61,461 shares in a transaction estimated at $5.29 million based on quarterly average pricing.
What happened
According to the SEC filing dated June 1, 2026, Integrated Investment Consultants sold its entire stake of 61,461 shares in Champion Homes during the quarter. The estimated transaction value was $5.29 million, calculated using the quarter’s average share price. The fund reported a net position value change of $5.19 million, which includes both the sale and market movements in the underlying stock.
What else to know
- Top holdings after the filing:
- NYSEMKT: IWF: $30.62 million (6.5% of AUM)
- NYSEMKT: NEAR: $22.59 million (4.8% of AUM)
- NYSEMKT: IWP: $22.45 million (4.8% of AUM)
- NYSE: UWMC: $19.45 million (4.1% of AUM)
- NYSEMKT: IWD: $19.22 million (4.1% of AUM)
- As of May 29, 2026, shares of Champion Homes were priced at $73.63, up 12.3% over the past year, underperforming the S&P 500 by about 16 percentage points.
Company overview
| Metric | Value |
|---|---|
| Price (as of market close May 29, 2026) | $73.63 |
| Market capitalization | $3.92 billion |
| Revenue (TTM) | $2.66 billion |
| Net income (TTM) | $206.90 million |
Company snapshot
- Champion Homes produces and sells factory-built housing, including manufactured and modular homes, park model RVs, accessory dwelling units, and modular buildings for the multi-family and hospitality sectors
- The firm operates a vertically integrated business model, generating revenue through home manufacturing, direct retail sales via company-owned centers, construction services, and transportation of homes and RVs
- It serves homebuyers, real estate developers, hospitality clients, and institutional buyers across North America, with a strong presence in both the United States and Canada
Champion Homes is a leading North American producer of factory-built housing, operating under multiple well-established brands. The company leverages scale and integration to offer a diversified product suite and capture value across manufacturing, retail, and services. Its broad distribution network and multi-segment approach provide resilience and competitive advantage in the residential construction sector.
What this transaction means for investors
Integrated Investment Consultants’ largest holdings are primarily ETFs and asset allocation vehicles, suggesting the firm may be managing exposure with this sale rather than making a high-conviction call on Champion, which continues to execute reasonably well despite a difficult housing backdrop.
The company’s fiscal 2026 sales rose 7.3% to $2.7 billion, while adjusted EBITDA increased 8.1% to $308.2 million. The company also finished the year with $638 million in cash and repurchased $200 million of stock, while authorizing another $150 million for future buybacks. Management struck a confident tone. CEO Tim Larson said Champion continued to outperform the broader industry despite a “volatile and challenging macro environment” and pointed to affordability-driven housing demand, an expanding retail footprint, and the recent Homes Direct acquisition as reasons for optimism.
That said, investors should note that fourth-quarter net income fell 18% and backlog declined 8% year over year, reminders that housing demand remains sensitive to interest rates and consumer confidence.
Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
The London New York Joins Marriott Luxury Collection
The London New York Joins Marriott Luxury Collection
Marriott has officially unveiled The London, a Luxury Collection Hotel, New York City, marking the return of the iconic London name to the Midtown Manhattan property at 151 West 54th Street.
The hotel was previously known as Conrad New York Midtown under Hilton and before that operated as The London NYC. The property left Hilton in 2024 and joined Marriott’s Luxury Collection portfolio, initially under the generic name “The Luxury Collection Hotel Manhattan Midtown” before now officially returning to The London branding.
The property features 562 suites, making it one of the larger all-suite luxury hotels in Midtown Manhattan. Many rooms offer separate living areas and significantly more space than typical New York hotel rooms.
For points travelers, one of the most interesting developments is that award nights are now showing starting from 85,000 Marriott Bonvoy points per night. That pricing is especially notable because it means the hotel can potentially be booked using Marriott’s 85K Free Night Awards, earned from cards such as the Marriott Bonvoy Brilliant. With Marriott allowing points top-offs on certificates, this could become a useful redemption option in New York City.
Located near Central Park, Carnegie Hall, MoMA, Broadway theaters, and Fifth Avenue shopping, the hotel remains one of the more desirable Midtown Manhattan redemption options for Marriott Bonvoy members.
2025 was the costliest wildfire year in history—despite burning less land than usual
The global 2025 wildfire season can be summed up with one of two extreme datapoints. It can be strange to think of the good news of wildfires, but for the optimists, last year’s blazes set aflame the second smallest number of square miles since 2002, behind only 2018, when around 330 million hectares burned. For the realists in the rooms—perhaps joined by economists and accountants—2025’s wildfire season was anything but good news.
Last year’s fires took the costliest financial toll in recorded wildfire history, accounting for 38% of all insured losses related to natural hazards, according to a study published Sunday in the journal Nature Reviews Earth & Environment. That’s despite the fact the area burned by fires around the world was 16% below the long-term average of around 400 million hectares.
While low by recent standards, wildfires still burned around 335 million hectares of land last year, or 1.3 million square miles—about twice the size of Alaska. Fires also caused 90 fatalities globally, and forced around 300,000 evacuations, according to the study.
In some parts of the world, wildfires, or lack thereof, was an unmitigated success story. In Africa, for instance, the rate of wildfire occurrence has declined dramatically in recent decades, as expanding agricultural activity encroached across natural savannahs and fragmented wild landscapes into plots of land less prone to burning. Similar trends have played out in Central Asian steppes and South American plains.
But in other parts of the world, fires are springing up with less warning and more ferocity—in many cases, directly threatening areas densely populated by humans. This has raised the risk of fires incurring heavy financial costs, and that of flare-ups engulfing people’s livelihoods.
“2025 shows that a ‘quiet’ fire year globally can still be devastating. We are seeing a growing disconnect between total area burned and real-world impacts, with risk increasingly determined by fire location, intensity, and exposure,” Matthew Jones, a physical geographer at the U.K.’s University of East Anglia and lead author of the study, said in a statement.
Fewer, but more ‘devastating’ blazes
That the world suffered fewer acres torched by wildfires in 2025 likely comes as little relief to the countries and cities that battled the infernos last year.
Fires are migrating to higher latitudes as climate change prolongs heatwaves and drought conditions in more parts of the world. Higher temperatures combined with dense volumes of dry and flammable vegetation has raised the risk of even the smallest conflagrations quickly bellowing into unstoppable mega-fires. In the western U.S., climate change has been linked to a doubling in the number of large fires and extent of burned area over the past 40 years, according to a 2016 study published in the journal PNAS.
That means wildfires can rapidly escalate into generational events. The Palisades and Eaton fires that ripped through Los Angeles last year came in as one of the most destructive fire catastrophes in California’s history, forcing around 200,000 evacuations, razing down more than 18,000 structures, and causing up to 440 direct and indirect deaths, when factoring in health complications related to smoke inhalation.
The LA fires also came in as the fifth most costly natural disaster in history for insured losses, according to the most recent study. Total losses from the fires were worth $140 billion, of which $40 billion were insured.
Large fires in South Korea—where a record-smashing wildfire outbreak last spring charred around 250,000 acres—and in Europe–where fires collectively torched some 2.5 million acres—also caused dozens of deaths and forced mass evacuations. In Canada, last year ended as the second worst fire year in the country’s history, as a total of 6,000 fires torched around 22 million acres.
Fires are quickly emerging as one of the global economy’s biggest recurring pain points. Between 2014 and 2023, blazes caused around $106 billion in economic losses globally, including $74 billion in insured losses, according to a UN report on disaster risk published last year. Over the decade prior, insured losses from wildfires were under $10 billion.
The bulk of those financial costs are being absorbed by the U.S., home to nine of the 10 most expensive wildfire events since 1970, according to the UN report, calculated before California’s January 2025 wildfires could be accounted for. Other parts of the world, including several African countries, might be dealing with smaller total costs due to wildfires, but larger shares of uninsured losses that deal a heavier toll on local livelihoods.
“2025 illustrated the complex and uneven nature of climate-change impacts on wildfires. Although the year’s most damaging events did not always coincide with exceptional total area burned, they produced acute societally disastrous outcomes,” the recent study’s authors wrote.
“Wildfires in 2025 continue to demonstrate that devastating consequences are not governed by area burned alone.”
A 20% housing drop still leaves Canadians locked out of market
Canada’s housing market has plunged into one of its sharpest-ever corrections. Canadians say it hasn’t gone far enough.
Best High-Yield Savings Rates for June 1, 2026: Up to 5%
High-yield savings account rates have held steady, with some banks even increasing their rates, to start June.
As of June 1, 2026, some online banks are still offering interest rates up to 5.00% APY, but these top APYs are usually limited by deposit size. This is still much better than the average of 0.38% APY, according to the FDIC.
Banks and credit unions are constantly adjusting their annual percentage yields (APYs) as markets react to Federal Reserve policy and inflation data, so staying up to date can make a real difference. Here’s where the best savings rates stand today — and what you should know before moving your money.
💰 Today’s Best Savings Rates At a Glance
Here are the best bank and credit union savings accounts rates today:
|
Bank or Credit Union |
Top APY |
Balance Requirement |
|---|---|---|
|
Varo |
5.00% |
On the first $5,000 |
|
Consumers Credit Union |
5.00% |
On the first $10,000 |
|
Pibank |
4.40% |
$0
|
|
Everbank |
4.10% |
$0.01 |
|
CIT Bank |
4.10% |
$2,500 |
1. Varo – Varo is a bank that offers up to 5.00% APY on the first $5,000 with qualifying direct deposits. Read our full Varo review.
2. Consumers Credit Union – CCU offers up to 5.00% APY on your checking account for the first $10,000. The requirements to earn are tiered. Read our full Consumers Credit Union Review.
3. PiBank – PiBank is the online brand of Intercredit Bank, N.A and offers 4.40% APY with no monthly maintenance fees and no minimum balance requirements. However, lots of consumers complain about only being allow to withdraw via wire transfer. Read our full Pibank review.
4. Everbank – Everbank offers a boosted rate of 4.10% guaranteed for 90 days in partnership with Raisin. Plus, they’re currently offering a cash bonus of up to $1,200 for new deposits. Read our full Everbank review.
5. CIT Bank – CIT Platinum Savings a two-tiered savings account.
Open an account with promo code CITBoost and you’ll earn 4.10% APY* on balances of $5,000 or more for the first six months* — that’s 10x the national average savings rate.
After 6 months, you’ll return to the regular rate of 3.75% APY* with a $5,000 minimum balance. Otherwise you’ll earn 0.25% APY. See website for full details. Read our full CIT Bank review.
You can find a full list of the best high yield savings accounts here >>
How High Yield Savings Accounts Work And Why Rates Matter?
High-yield savings accounts function just like traditional savings accounts, but they pay a much higher annual percentage yield (APY) — often 10 to 15 times more. You can see how these rates compare to the savings rates at the 10 largest banks in America – and these rates put them to shame.
“We’re seeing banks become increasingly competitive on both APY and bonus offers to start June.” – Robert Farrington
The banks and credit unions on this list typically always have above-average rates, so even if the Federal Reserve lowers rates and these accounts lower their rates, you’ll still be head.
For example, a $10,000 balance earning 4.00% APY will generate about $400 in interest per year, compared with less than $20 at a big-bank rate of 0.20%. That gap makes it worth tracking rate changes regularly and switching institutions if your current bank stops staying competitive.
However, we expect more rates to dip below that 4.00% level in the coming weeks.
What To Know Before Opening An Account
Before opening a new account, review the key details that determine how much you’ll earn — and how easily you can access your funds.
- Watch For Intro Or Promo Rates: APYs can rise or fall at any time. But a strong introductory rate doesn’t guarantee long-term performance. None of the rates listed here are introductory, but some referral codes may only be temporary rates.
- Transfer Limits: Federal rules no longer cap savings withdrawals at six per month, but many banks still impose limits.
- Safety: Confirm that the institution is FDIC- or NCUA-insured, which protects up to $250,000 per depositor, per bank or credit union.
- Access: Many top-yield accounts are online-only. Make sure you can deposit via mobile app and link external accounts for easy transfers.
These details help you separate truly high-performing savings options from accounts that look appealing but may include hidden limitations or slower rate adjustments.
How We Track And Verify Rates
At The College Investor, our goal is to help you make smart, confident decisions about your money. To create this list, our editorial team reviews savings account rates daily across more than 50 banks, credit unions, and fintechs. We verify data using each institution’s official website, rate disclosures, and regulatory filings.
Only accounts available to U.S. consumers and insured by the FDIC or NCUA are included.
Our coverage is independent and editorially driven – we never rank accounts based on compensation. While we may earn a referral fee when you open an account through certain links, this does not influence our recommendations or reviews. Our opinions are our own, based on a consistent evaluation of usability, fees, yields, and customer experience.
FAQs
How often do savings account rates change?
Banks can adjust rates daily or weekly based on market conditions.
Are online banks safe?
Yes — as long as they’re FDIC-insured. Verify coverage on the FDIC’s BankFind site.
Is interest on savings accounts taxable?
Yes. You’ll receive a 1099-INT if you earn $10 or more in interest.
Should I move my money if rates drop?
It depends on the difference in APY and your transfer limits, and frequent rate chasing can reduce returns if transfers take time.
CIT Bank
For complete list of account details and fees, see our Personal Account disclosures.
* Platinum Savings is a tiered interest rate account. Interest is paid on the entire account balance based on the interest rate and APY in effect that day for the balance tier associated with the end-of-day account balance. APYs — Annual Percentage Yields are accurate as of January 9, 2026: 0.25% APY on balances of $0.01 to $4,999.99; 3.75% APY on balances of $5,000.00 or more. Interest Rates for the Platinum Savings account are variable and may change at any time without notice. The minimum to open a Platinum Savings account is $100.
* Platinum Savings APY Boost Promotion Terms and Conditions
This is a limited time offer available to New and Existing customers who meet the Platinum Savings APY Boost promotion criteria.
Accounts enrolled in the Platinum Savings Annual Percentage Yield (APY) Boost promotion will receive a 0.35% APY boost on the Platinum Savings current standard APY tiers for 6 months following the opening of a new account or when an existing Platinum Savings account is enrolled in the promotion. The Platinum Savings APY boost will be applied on account balances up to $9,999,999.00. Account balances above $9,999,999.00 will earn the standard APY. If the standard-published APY should change during the promotion period, the APY boost will move with it, offering an account APY above the standard rate.
The Promotion begins on February 13, 2026, and ends June 30, 2026. Customers enrolled in the promotion prior to the end date will receive the APY boost for the 6-month period outlined in the terms and conditions.
The promotion can end at any time without notice.
Editor: Colin Graves
Reviewed by: Richelle Hawley
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