Supply-chain backlogs, permitting fights and availability of power supplies are among the issues that have caused the construction of data centers to fall behind targeted timelines, with the gap growing wider in recent months. More than 60% of data-center capacity planned for completion in 2027 isn’t yet under construction, and another 7% is delayed.

The slowest housing market in decades is stretching into its fourth year, causing many real-estate agents to leave the industry or find second jobs. The National Association of Realtors had 1.412 million members as of April, down from a peak of 1.6 million in October 2022.

The median age of a U.S. home is a record 44 years, leading to vast and rapidly increasing maintenance and modernization costs. Financial advisers now suggest setting aside 2% to 3% of a home’s value annually for upkeep, up from the traditional 1%.

Fertitta Entertainment, owned by billionaire Tilman Fertitta, agreed to buy Caesars Entertainment for about $5.7 billion. The acquisition will add Caesars’ more than 50 resorts to Fertitta’s portfolio, which includes Golden Nugget casinos.

Hotel owners in New York City signed the industry’s most expensive union contract, raising hourly wages by about 50% over eight years. Rising labor and other mounting expenses will push up hotel owners’ annual property operation costs by an estimated 15%.

Downtown Denver faces a crisis with nearly 40% office vacancy, the highest among the country’s top 50 cities.

Google and Blackstone plan to launch an artificial-intelligence cloud company with $5 billion in equity capital from Blackstone. The new venture aims to bring 500 megawatts of capacity online in 2027, using Google’s specialized chips and software. Blackstone will be the majority owner and has over $150 billion in existing data-center assets.

Apartment owners AvalonBay Communities and Equity Residential have agreed to a merger, creating a multifamily real-estate giant worth more than $50 billion. The merger between the two REITs would bring together more than 180,000 rental apartments across the country.

The Trump administration is awarding $2 billion in grants to nine quantum-computing companies, including U.S. government equity stakes. IBM will receive $1 billion of the package. The funding comes from the 2022 Chips and Science Act, with the government taking minority equity stakes in each company.

In 2025, 26% of Americans ages 18 to 44 used family money to help fund their first home purchase down payment.