Last year marked a pivotal moment in the world of real estate, with the construction of nearly 600,000 multifamily rental units—the most significant leap in the last four decades. At first glance, this influx of new apartments might inspire optimism. One would think that with such unprecedented development, the dire rental market would finally find
Business
As the big-box retailer Target prepares to unveil its fiscal fourth-quarter earnings this Tuesday, investors are eager to assess whether the company has successfully navigated the complex landscape of consumer spending. The focus will be on the retailer’s ability to generate full-price sales of discretionary goods—traditionally its strongest revenue driver. Consensus estimates from LSEG project
Serena Williams, a name synonymous with tennis excellence, is making headlines again by investing in women’s sports. Recently announced, she has acquired an ownership stake in the Toronto Tempo, the first expansion team of the Women’s National Basketball Association (WNBA) in Canada. The Tempo is set to begin play in the 2026 season, a move
In the ever-evolving world of fast food, especially within the pizza industry, innovation is crucial for maintaining consumer interest and market share. As rivals like Pizza Hut, Papa John’s, and Little Caesars introduce various toppings and unique crust styles, it becomes increasingly apparent that a pizza chain must offer something extra to stand out. Domino’s
In an era where staying connected is paramount, American Airlines is making significant headway by testing complimentary inflight Wi-Fi. Set to launch next week, this initiative responds to increasing customer demand for free Wi-Fi on flights, a trend that has rapidly gained traction among airlines globally. Currently, American Airlines will implement this trial on select
Air travel has transformed dramatically in recent years, especially in the realm of luxury. With airlines vying for the loyalty of high-paying customers, the demand for advanced amenities in first- and business-class cabins has skyrocketed. However, this ongoing pursuit of providing a luxurious flying experience is currently facing significant hurdles. Delays in the delivery of
The Consumer Financial Protection Bureau (CFPB), established in the wake of the 2008 financial crisis to enforce consumer protections, is facing unprecedented upheaval under its new leadership appointed during the Trump administration. Recent revelations surrounding plans for mass layoffs and the potential dissolution of the agency unveil a tumultuous moment not only for its employees
In a surprising turn of events, Paramount Global recently announced its decision to effectively dismantle several of its diversity, equity, and inclusion (DEI) initiatives. This development raises questions about the future landscape of corporate practices in relation to DEI efforts. The media giant’s announcement was detailed in a memo to employees, acquired by CNBC. In
General Motors (GM) is making significant financial maneuvers to bolster its standing amid a challenging automotive market. In a notable announcement, the company revealed a 25% increase in its quarterly dividend, elevating it to 15 cents per share. This decision is not only a move to reward shareholders but also a strategic response to the
Eli Lilly has recently taken significant steps to address the challenges faced by patients seeking access to its weight loss drug, Zepbound. With growing demand, particularly from individuals who lack adequate insurance coverage, including many Medicare beneficiaries, Eli Lilly aims to provide more affordable options. This initiative not only expands the availability of this effective