About 990,000 older adults were living with unrelated housemates or roommates in 2023, which is up 8.8% since 2021, and more than double the number two decades ago.
About 990,000 older adults were living with unrelated housemates or roommates in 2023, which is up 8.8% since 2021, and more than double the number two decades ago.
Nationally, nearly three-quarters of apartment owners reported an average 40% increase in rental-application and -payment fraud last year compared with 2023.
While some policymakers urge caution due to inflation remaining above the Fed’s 2% target, markets are pricing in 50 bps of cuts by year-end.
New York property owner RXR completed its purchase of 590 Madison Avenue, the former IBM building, for $1.1 billion. That was the first New York office sale to exceed $1 billion in nearly three years.
Walmart is forming a partnership with OpenAI to let shoppers buy its products directly within ChatGPT, the artificial-intelligence chatbot. It is a signal by the biggest U.S. retailer that online shopping is going to become a different experience from the retail websites we are used to.
New York City’s office market leased 23.2 million square feet in the first nine months of 2025, the largest amount in 19 years.
JPMorgan Chase will invest $10 billion directly into companies vital for U.S. national security, such as defense and AI firms.
The Institute of Supply Management’s PMI, which measures US manufacturing capacity, was 48.7 in August. Anything below 50 indicates a contraction. That marked the sixth straight month of contraction, which is a worrisome trend given how significant manufacturing is to economic activity.
Most-actively-traded gold futures on Tuesday surpassed $4,000 a troy ounce for the first time. A 52% gain in futures this year is on track to outpace similar surges during the first year of the Covid-19 pandemic and the 2007-09 recession, trailing only the inflationary shock in 1979.