United and JetBlue are partnering, expanding JetBlue’s reach and allowing United to resume JFK flights.

Honeywell International is adding an executive from activist investor Elliott Investment Management to its board ahead of the industrial conglomerate’s split into three companies.

RealPage is facing dozens of price-fixing lawsuits and class actions from state regulators and private plaintiffs. The Justice Department is also suing the company and several major landlords that use its software alleging its pricing software enables illegal landlord collusion, causing rent spikes.

Sales of previously owned homes in April fell 0.5% from March to a seasonally adjusted, annualized rate of 4 million units- the slowest April pace since 2009. There were 1.45 million homes for sale at the end of April, which at the current sales pace represents a 4.4-month supply- the highest level in five years.

Private-equity funds have been holding on to past investments longer, drying up cash flow back to investors in those funds. This hinders the deployment of funds for new deals.

There were more $30 million-plus home sales below 34th Street in the past five years than in the previous decade. Since 2023, the area has seen more than $1 billion worth of home sales above $20 million.

Publicly held federal debt stands at about $29 trillion, nearly double the level when Trump signed his original tax cut in 2017.

Among metropolitan areas especially reliant on higher education, three-quarters of them suffered weaker economic growth between 2011 and 2023 than the U.S. as a whole. In the prior decade, most of these same metro areas grew faster than the nation did.

An estimated $957 billion of the $4.8 trillion in outstanding commercial mortgages held by lenders and investors is expected to mature in 2025 — a 3% increase from the $929 billion that matured in 2024.

Moody’s CMBS Conduit/Fusion Delinquency Tracker ticked up to 8.17% in April, surpassing the previous pandemic peak of 7.95% in July 2020. In April, $2.31 billion in loans entered delinquency, 52.6% of which was secured by office loans, 17.2% secured by retail loans and 8.8% secured by hotel loans.