Finance
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Builders slow new apartment construction, but landlords will keep ‘jacking up’ rental prices
The U.S. housing market is short 4.5 million homes, according to recent Zillow estimates, which is worsening the affordability crisis…
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AI has created a ‘fake it till you make it’ bubble that could end in disaster, market watcher warns
There’s no avoiding the hype surrounding AI these days. Promises of new developments like personal robot assistants and miracle cancer…
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Record number of Americans are retiring abroad because the U.S. is too expensive
When Allan Fawcett decided to retire from his career in computer science in 2011, he knew he wanted to spend…
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Amsterdam plans to ban cruises to keep ‘nuisance’ tourists away
Amsterdam is fed up with its tourist deluge. The Dutch city attracts all types of visitors—whether they’re coming to party…
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Boston Celtics to be sold with team’s value at $5 billion
The reigning NBA champion Boston Celtics are going on the market. The team’s ownership group, Boston Basketball Partners LLC, has…
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Europeans suffer from ‘vacation deprivation’ even with generous time off
In the eyes of many, Europe is viewed as a vacation dreamland, with its liberal holiday allowances and a culture…
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Oracle warns investors of ‘sizable’ revenue hit from TikTok ban
Oracle Corp. warned investors that a new law potentially banning TikTok in the US threatens to hurt its financial results.…
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Stock market outlook: S&P 500 could soar to 15,000 by end of decade
Fundstrat Global Advisors cofounder Tom Lee was among the few voices on Wall Street last year who predicted a stock…
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Milk Bar founder Christina Tosi on her secrets to success
Christina Tosi, the chef and founder of “modern American” bakery Milk Bar, has never shied away from a challenge. Tosi,…
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This mortgage rate statistic shows why sellers are hopelessly locked in
A lot of would-be sellers aren’t selling their homes, and it’s because of the lock-in effect. Throughout the pandemic and…
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