San Francisco airport took first place in The Wall Street Journal’s first ranking of the country’s busiest airports since 2019. Atlanta and Minneapolis filled out the top three.
Americans took out $66 billion in home-equity lines of credit in the second quarter, a 40% increase from a year ago and the largest amount in almost three years.
The population of the planet is set to hit 8 billion Tuesday, according to projections from the United Nations that forecast the number will grow to 8.5 billion by 2030 as life expectancy rises.
Miami Beach voters in a series of referendums last week derailed three major real-estate projects from top U.S. developers, reflecting a budding backlash against certain new development plans for the city.
For the U.S. lender’s KBW Bank Index, the combined balance-sheet value of held-to-maturity bonds was $2.21 trillion as of Sept. 30. The market value was $1.91 trillion, or 14% less.
Nationwide, the median sales price of an existing single-family home last quarter was up 8.6% from a year earlier to $398,500, according to NAR, a slowdown from the second quarter’s 14.2% pace.
Derivatives markets show that traders believe the consumer-price index will rise by about 3.3% over the next 12 months. At the end of September, expectations were for 2.3% inflation.
The cleaning fees that customers of Airbnb Inc. have long complained about will soon become more apparent early in searches for lodging. Starting in December, the company will allow guests to filter their search results by the total cost of the stay before taxes.
Year-to-date, rising interest rates, historic inflation and geopolitical volatility have so far had limited negative impact on the U.S. lodging industry’s performance, evidenced by YTD RevPAR surpassing 2019 levels by 6.4%.
