Office-to-apartment conversions have reached a record level, with 90,300 units in different stages of development as of the start of the year. The biggest cities lead that effort, including New York City, Washington, D.C., Chicago and Los Angeles, and have helped boost office-to-residential conversions by 28% at the beginning of 2026 compared to a year earlier.
The number of jobs held by women has increased by 421,000 since the end of 2024. The number of jobs held by men has slipped by 1,000. It is a figure that comes with caveats: More women hold multiple jobs, for example, while more men are self-employed—meaning they have work but they aren’t included in the payrolls jobs count.
Blackstone and Apollo continued to attract investor money, reporting 18% and 30% year-over-year increases, respectively, in the first quarter for their credit divisions’ assets under management. Blue Owl also reported higher overall assets under management from a year ago.
Nearly 63% of workers are now fully on-site, up from just over half in late 2021. Many other workers have to commute for at least some of the workweeks.
Total trading volume on Polymarket and Kalshihas rocketed to $24.2 billion in April, up from $1.8 billion a year earlier.
Some 55% of borrowers who received mortgage relief in 2024 fell behind again on payments within one year and the FHA is currently approaching a 60 percent redefault rate. Some 46% of borrowers in default as of last September had previously defaulted at least three times.
Both the S&P 500 and Nasdaq composite finished April with their largest monthly gains since 2020, as investors looked past the war in Iran and focused instead on strong earnings and a revived tech trade.
Many Airbnb hosts are experiencing soft demand for bookings for the World Cup, despite significant investments. In Philadelphia, 42% of short-term rentals are booked during the World Cup, with Boston being the only host city with more than half rented.