Business

Business

Elon Musk wants to avoid another ‘rock tornado’ next time Starship launches. SpaceX just tested a way to prevent it 

SpaceX fired up the engines on its latest Starship booster Sunday afternoon in Texas, while simultaneously testing a new water deluge system on the...

Business

Trump pleads not guilty trying to overturn the 2020 election

 Donald Trump pleaded not guilty Thursday to trying to overturn the results of his 2020 election loss, answering for the first time to federal...

Business

AEI makes a bold housing market call that U.S. home prices will jump 6% in 2023 and another 7% in 2024

The AEI Housing Center recently announced a significant upward revision to its housing market outlook, as it expects U.S. home price growth to...

Business

Ivy Plus college degrees translate into more elite jobs

Until recently, economists believed Ivy League colleges weren’t necessarily worth the price tag, in terms of the additional income their graduates earn. A...

Business

Bronny James’ cardiac arrest reignites COVID-19 vaccine debate

On Monday, NBA star LeBron James’ son, Bronny James, was hospitalized after experiencing cardiac arrest during basketball practice at the University of Southern...

Business

Commercial real estate expert calls vacant office space ‘staggering’

A slow-motion crisis is unfolding in the commercial real estate market, thanks to the double-whammy of higher interest rates and lower demand for office space...

Business

FTC says some private equity roll-ups may be illegal

A popular acquisition strategy used by private equity investors to gain major market share in individual industries is under the microscope of federal...

Business

A fight erupts in U.S. housing market as deteriorated affordability clashes with the ‘lock-in effect’

In a clash of opposing forces, the U.S. housing market finds itself embroiled in a fierce battle. On one side, deteriorated affordability resulting...

Business

Morningstar: These 15 housing markets have the highest level of correction risk—these 15 have the least risk

While the lack of homes for sale is a clear tailwind for U.S. home prices, deteriorated housing affordability—the result of mortgage rates spiking from 3% to...

Business

Jeremy Siegel says we are in a ‘goldilocks economy’

Not too hot, not too cold: That’s how Wharton professor Jeremy Siegel sees the economy after June’s cooler-than-expected inflation data.  “It’s a Goldilocks...