More office space is being removed than added for the first time in at least 25 years
After several years of deep distress, the beleaguered U.S. office market has reached an inflection point. This year, office conversions...
Real estate
Summer rentals in the Hamptons are down 30%
Key PointsSummer rentals in the Hamptons are down 30% from the same period in previous years, according to Judi Desiderio...
April home sales dropped to the slowest pace for that month since 2009
A "Sale" sign in front of a home in Washington, DC, US, on Thursday, May 8, 2025. Nathan Howard |...
WSJ News Exclusive | PepsiCo, Grocery Giant Bicker Over Who Dumped Whom
Updated Jan. 9, 2024 12:00 am ETA breakup over grocery prices got messier Monday when PepsiCo said that it, not...
Buying Home and Auto Insurance Used to Be Routine. It’s Becoming a Nightmare.
Listen to article(2 minutes)After Allstate suffered billions of dollars in losses and failed to get the rate increases it wanted,...
Macy’s Billion-Dollar Question: What’s More Valuable, Real Estate or the Business?
Updated Dec. 12, 2023 12:22 pm ETA potential buyout of Macy’s by an investor group revives an old theory: that...
Black Friday Deals Start Early, but Shoppers Are Choosy This Year
Millions of Americans are headed to stores on Black Friday, but retailers are navigating through a holiday season in which...
Target Tries to Find Its Mark After a Year of Misfires
Updated Nov. 13, 2023 11:46 am ETAll isn’t merry and bright this holiday season at Target.The Minneapolis retailer known for...
Disney to Invest $60 Billion in Theme Parks, Cruises Over Next Decade
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A Mall Owner’s About-Face: Bet on America’s High-End Malls
Updated Sept. 12, 2023 12:16 am ETListen to article(2 minutes)The European owner of Westfield malls is pulling back from its...
OpenAI Launches Business Version of ChatGPT That Competes With Microsoft
The new product puts the startup in direct competition with Microsoft, its largest backer and partner. Source link
China Evergrande Seeks U.S. Court Approval for $19 Billion Debt Restructuring
China Evergrande Group is seeking a U.S. court’s approval to restructure more than $19 billion in the company’s offshore debts,...
EV Startup VinFast’s Market Debut Pushes Value Higher Than GM, Ford
Shares in the Vietnamese electric car company more than tripled in its first day of trading, giving it a roughly...
Dates, Coffee and Camels—Saudi Arabia’s Sovereign-Wealth Fund Bets Big at Home
After pumping tens of billions of dollars into global investments, the $700 billion Public Investment Fund is accelerating spending at...
WeWork Raises Doubt About Its Survival
WeWork on Tuesday raised doubt about its ability to stay in business as the co-working space provider faces losses and...
High Rates, Low Supply Hinder Home Buying This Summer
Existing home sales, which make up most of the housing market, decreased 3.3% in June from the prior month to...
Meta, Microsoft Team Up to Offer New AI Software for Businesses
The Meta AI model, dubbed Llama 2, will be free and available to developers building software on Microsoft’s Azure cloud-computing...
Why Economies Haven’t Slowed More Since Central Banks Hit the Brakes
Government aid and the effects of the pandemic are blunting the impact of higher interest rates, for now. Source link
Disney’s Orlando Campus Cancellation a Blow to Neighboring Projects
Adjoining commercial and residential developments were banking on the relocation of 2,000 Walt Disney employees to Florida. Source link
Slow Return to Work Pummels Office Stocks
Vacancies are climbing and rents are sinking amid a stalled return-to-office rate. Source link
