The housing market is changing. More apartments are being built, but fewer people are renting them. This is pushing rent prices down. In November, the average rent for an apartment in the U. S. was $1, 367. This is a 1% drop from October. It's also down 1. 1% from November 2024. Rents have fallen 5.
New Jersey has rolled out a fresh set of rules to help businesses save money on research and development. The state's tax division released a new handbook. It's all about a special tax break for companies that invest in creating new products or technologies. This handbook breaks down how companies
A new bus route is about to start in south Minneapolis. The E-Line will take over from the old Route 6. It will run from Southdale to the University of Minnesota. Metro Transit hopes 3, 000 people will use it every day. Business owners in the area have mixed feelings. Victoria Ford owns a bookstore
The cattle industry is facing a big problem: not enough young people are joining the business. In South Dakota, the average age of a cattle producer is 63. This is a concern because older farmers will retire soon, and there won't be enough new farmers to take their place. Adam Bode, CEO of DemKota
A new tech hub has just opened in China, focusing on specialty silanes. This isn't just any hub; it's a big deal for the plastics, coatings, and adhesives industries. The place is packed with labs where experts will cook up high-performance additives. It's not just about creating new stuff, though.
Tech stocks are making waves, and not everyone is happy about it. Michael Burry, a well-known investor, thinks Tesla is way too expensive. He's not alone in criticizing the tech industry for some of its practices. Meanwhile, Nvidia is teaming up with Synopsys, and Jim Cramer thinks this could be a
Omar Bailey, a 42-year-old creative force, has made a name for himself in the sneaker world. His journey began with a simple idea: to design shoes that people would love. But it wasn't just his design skills that got him ahead. Bailey also had a knack for talking to people and making connections. E
Jane Street Group and Citadel Securities are making big waves in the trading world. They are not just keeping up with the big banks; they are actually taking a bigger slice of the pie. Their recent earnings show that they are on track to have their best year yet. Jane Street saw a big jump in their
In the fast-paced world of electronic trading, speed is often seen as the key to success. However, Hudson River Trading has decided to shake things up by taking a different approach. Instead of focusing solely on split-second trades, they are now holding onto positions for longer periods, sometimes
Starbucks is in trouble. The city of New York just made them pay a huge fine. This is because they did not treat their workers fairly. The fine is $39 million. This is the biggest fine like this in New York City's history. The problem was about work schedules. Starbucks did not give their workers s
