In an unprecedented twist, the rental market finds itself grappling with a paradox: even as new apartment construction numbers soared to levels unseen since the Nixon administration, the struggle for renters to secure housing continues unabated. Last year marked a staggering feat for developers, who completed nearly 600,000 multifamily units—a remarkable 34% increase from 2023
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Today, the sprawling structure of America’s housing market relies heavily on materials sourced from abroad. From the beams that support our roofs to the drywall that fills our rooms, the complex supply chain inherently attracts increasing costs due to the economic philosophies of protectionism. The Trump administration’s tariffs on imports from countries like China, Canada,
Tennis legend Serena Williams is stepping into a new arena—quite literally—by acquiring an ownership stake in the Toronto Tempo, the first expansion team of the Women’s National Basketball Association (WNBA) in Canada. Announced on Monday, this venture signifies not just a personal investment for Williams but also a broader commitment to elevating women’s sports. The
In recent years, the aviation industry has seen a pronounced shift towards enhancing passenger comfort, particularly in first and business-class cabins. This trend comes with notable features such as heated and cooled seats, ultra-high-definition screens, and adjustable cabins that include luxurious convertible beds and all-aisle access. However, the quest for creating these high-end experiences has
The airline industry is witnessing a significant transformation in consumer expectations, particularly regarding inflight amenities like Wi-Fi. In the latest development, American Airlines announced its plans to initiate tests for complimentary inflight Wi-Fi services next week on select routes. This move arises as airlines face escalating competition to provide free connectivity options, setting a new
The Consumer Financial Protection Bureau (CFPB) finds itself at a pivotal junction as Jonathan McKernan, nominated by President Donald Trump for the agency’s leadership, faces tough inquiries during his confirmation hearings. Senators, particularly from the Democratic party, are keen to assess his stance on the agency’s critical role in safeguarding consumer rights amidst what appears
In a bold move that has sparked intense debate within media circles, Jeff Bezos, the founder of Amazon and current owner of The Washington Post, announced that the newspaper’s opinion pages will now focus solely on championing “personal liberties and free markets.” This directive not only marks a significant shift in editorial policy but also
In a groundbreaking move, Eli Lilly has made significant strides in the accessibility of its weight loss drug, Zepbound. On a recent Tuesday, the pharmaceutical giant announced the release of higher doses of Zepbound in single-dose vials at markedly reduced prices, aiming to alleviate the financial burden faced by individuals without insurance coverage for this
In a recent interview, Jamie Dimon, CEO of JPMorgan Chase, spotlighted significant concerns regarding the operational efficiency of the U.S. government. His comments came amid ongoing efforts by the Trump administration to reduce the size of the federal workforce and dismantle certain agencies, such as the Consumer Financial Protection Bureau. Dimon took a measured approach
In a surprising move that resonates with modern attitudes towards personal expression, the New York Yankees have officially lifted their long-standing ban on facial hair, opening the door for “well-groomed beards.” This shift, announced by owner Hal Steinbrenner, marks a significant departure from a policy that has been in place for nearly 50 years. Steinbrenner’s