Morning Brew Daily The Missing Titanic Sub Latest, Homebuilding Soars, Student Loan Payments Resume
Jun 21, 2023
The search for a missing submersible near the Titanic grows intense as underwater sounds spark hope for the crew's survival. Meanwhile, homebuilding surges by 21.7%, possibly easing the housing shortage. As student loan payments resume, many face renewed financial strain. The Paris Olympic headquarters have come under scrutiny amid corruption probes, revealing troubling ties to past scandals. Finally, innovative approaches like recruiting through video games highlight the trucking industry’s creative solutions to labor shortages.
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Banging Sounds in Titanic Sub Search
- Searchers detected banging sounds every 30 minutes in the area where the Titan submersible disappeared.
- This is a possible sign of life from the five-person crew, according to explorer Chris Brown.
Previous Concerns about OceanGate
- A former OceanGate employee sued the company, citing potential safety dangers of the Titan.
- OceanGate countersued, claiming the employee leaked company secrets.
Homebuilding Boom
- New home construction increased by 21.7% in May, the largest monthly gain since 2016.
- This is a positive sign for the housing market, which faces a significant supply shortage.