Blackstone’s Big New Idea Leaves It Bruised
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Real Estate/Construction
ChatGPT Spotlights Microsoft’s Early Efforts to Monetize AI
The company has pledged billions of dollars more for OpenAI, the company behind the chatbot. Source link
Elon Musk’s Twitter Auctions Off Kegerators, Office Supplies, Neon Bird Sign From San Francisco Headquarters
The company listed more than 600 items. Source link
Twitter Sued Over Rent Payment in San Francisco
One of Twitter’s landlords accuses the social-media company of failing to pay for space in the building. Source link
U.S. Home Sales Post Record 10th Straight Month of Declines
EconomyU.S. EconomyNovember existing-home sales fell 7.7% as Fed keeps raising interest rates Source link
U.S. Home Sales Fell for Ninth Straight Month in October
Sales of previously owned homes declined to a seasonally adjusted annual rate of 4.43 million, the weakest rate since May...
Meta, Lyft, Salesforce and Other Tech Firms Dump Office Space as They Downsize
Real EstateRetreat is a blow to office market and to many cities, which have relied on sector’s real estate appetite...
China Dials Back Property Restrictions in Bid to Reverse Economic Slide
WorldAsiaChinaPartial easing of housing-sector rules comes as Beijing also seeks to lessen economic toll of strict Covid controls Source link
WSJ News Exclusive | Exxon Considers Leasing, Selling Unused Office Space at Houston Campus
WSJ News ExclusiveBusinessMajor oil company uses less than half of available space at campus poised to become global headquarters next...
Economy Week Ahead: Federal Reserve and Other Central Banks in Focus
Federal Reserve Chairman Jerome Powell’s remarks are always of interest to investors. Photo: BRENDAN MCDERMID/REUTERS Sept. 18, 2022 3:00 pm...
White House Explores Rail-Freight Alternatives as Possible Strike Looms
The White House is assessing how other transportation providers could fill potential gaps in the nation’s freight network as labor...
U.K. Home Builder Vistry to Buy Rival Countryside for $1.4 Billion
U.K. home builder Vistry VTY -0.07% Group PLC agreed to acquire rival Countryside Partnerships CSP 5.26% PLC for about $1.44...
Everyone’s a Landlord—Small-Time Investors Snap Up Out-of-State Properties
Jack Cronin found San Francisco-area homes too expensive or too far from the city center to buy when he lived...
Intel, Brookfield Sign $30 Billion Deal to Finance Chip Factories
Intel Corp. INTC 0.33% has struck an unusual $30 billion funding partnership with Brookfield Asset Management Inc. BAM 0.14% to...
For Rent: 327 Square Foot Apartment With 5 Rooms—Thanks to Robot Furniture
Our homes are, as comedian George Carlin put it, just a place for our stuff. But what if, asks a...
China’s Stumbling Manufacturing, Property Sectors Show Long Road to Recovery
China’s major economic pillars wobbled in July with weakness in manufacturing and the all-important property sector, showing the pressure on...
U.S. Home Prices Hit New Record of $416,000 in June as Sales Continued to Slide
The median existing home price hit another record in June, rising to $416,000, and sales declined for the fifth straight...
Manufacturers Brace for Nord Stream Repairs, Fearing Pipeline Won’t Reopen
PARIS—European manufacturers are preparing for possible natural-gas rationing that would force them to shut production amid fears that Russia is...
If the U.S. Is in a Recession, It’s a Very Strange One
Economic output is down—but the job market is strong, unlike in previous recessions. It’s the latest twist in the odd...
Bidding Wars Overheated the Home-Buyer Market, Now They’re Coming for Renters
When Donna Jones and her husband looked to rent a home in Northern Virginia in February, they often received the...
