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From Moby Dick to Wind Farms: East Coast Tries to Pivot Centuries-Old Ports
Business

From Moby Dick to Wind Farms: East Coast Tries to Pivot Centuries-Old Ports

Listen to article (2 minutes) NEW LONDON, Conn.—The boats tied up at Gary Yerman’s dock in this seaside city have long trawled for scallops and

White House Says Amazon, Google, Meta, Microsoft Agree to AI Safeguards
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White House Says Amazon, Google, Meta, Microsoft Agree to AI Safeguards

Big tech companies are adopting voluntary guidelines, such as watermarking artificial content. Source link

Home Sales Fall Amid High Mortgage Rates, Low Supply
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Home Sales Fall Amid High Mortgage Rates, Low Supply

Existing home sales, which make up most of the housing market, decreased 3.3% in June from the prior month to a seasonally adjusted annual rate

Homeowners Don't Want to Sell, So Home Builders Are Booming
Business

Homeowners Don't Want to Sell, So Home Builders Are Booming

High mortgage rates are dissuading sellers, leaving new construction the only game in town. ‘There was no inventory on the existing market, so everybody was

Prologis Boosts Outlook on Record Quarterly Earnings
Business

Prologis Boosts Outlook on Record Quarterly Earnings

The logistics-property giant is building and buying warehouses even as interest rates rise and logistics demand falters. Source link

Record Miami Land Sale Collapses Amid Slowdown
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Record Miami Land Sale Collapses Amid Slowdown

Even the hot Miami commercial real-estate market is being slowed by high interest rates and tight credit. Source link

Want to Live in London? Write Your Future Landlord a Love Letter
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Want to Live in London? Write Your Future Landlord a Love Letter

Renters in the hot market audition with personal statements—including boasts about 5K races—to win over owners. It’s “a dance.” Source link

H&M Now Wants to Sell You Makeup, Sofas and Crocs
Business

H&M Now Wants to Sell You Makeup, Sofas and Crocs

The retailer is moving further beyond its clothing label, doubling down on beauty products, housewares and selling other brands to draw in more shoppers. Source

The Luxury Tower Built for New York's Elite Still Sits Half Empty
Business

The Luxury Tower Built for New York's Elite Still Sits Half Empty

Related Companies has struggled to unload its most expensive units at 35 Hudson Yards. Now the developer is offering deep discounts. Source link