DIRS.INFO The most relevant business & tech news

☆ Opinion | Ruben Gallego and the Fight for Arizona
▼ + stars: | 2024-05-20 | by ( Tom Zoellner | ) www.nytimes.com time to read: +1 min

Arizona has become an epicenter of political discord and conflict over issues that have roiled the national discourse. In the fall, the outrage over an abortion ban from 1864 and a potential ballot initiative on the issue are likely to motivate Democrats, and the outrage over chaos at the border is likely to motivate Republicans. The margins in recent elections have been razor-thin: Purple Arizona is very much up for grabs in this election and beyond. Democrats might be thinking about building on their success in recent elections to secure the state as a future Sun Belt bulwark. Democrats are hoping that future may be embodied by Representative Ruben Gallego, who is running for a Senate seat to replace Kyrsten Sinema.

Persons: Representative Ruben Gallego, Kari Lake Organizations: Sun, Representative, Kyrsten, Republican Locations: Arizona, Texas, Florida

☆ Detroit's population has grown for the first time in 66 years
▼ + stars: | 2024-05-19 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Read previewFor decades, Detroit was an international symbol of urban decay: abandoned neighborhoods, decrepit former factories, and a population exodus. From July 2022 to July 2023, the US Census Bureau says Detroit's population grew by close to 2,000 residents, bumping the city's population to 633,218. AdvertisementWith Detroit's latest population numbers, the city also jumped from the 29th-largest to the 26th-largest city in the United States, overtaking Memphis, Louisville, and Portland. Detroit's numbers are still far from 1950, when the city's population peaked at about 1.85 million. Back then, it was the fifth-largest city in the United States, behind only New York, Chicago, Philadelphia, and Los Angeles.

Persons: —, There's, it's, Mike Duggan, Duggan Organizations: Service, Detroit, Business, Bureau, Memphis, Sun Belt, Associated Press Locations: Detroit, United States, Louisville, Portland, New York, Chicago, Philadelphia, Los Angeles . Detroit, Michigan's

☆ This US region is seeing the biggest rent declines as owners struggle to fill vacancies, Redfin says
▼ + stars: | 2024-05-17 | by ( Filip De Mott | ) www.businessinsider.com time to read: +1 min

Metros in the Sun Belt are notching the steepest rent declines in the country, Redfin reported. The pandemic-era demand that led to accelerated construction has since subsided, leading to more vacancies. These declines are happening as rent rises nationwide. AdvertisementThe country's steepest rent declines are happening in metro areas across the Sun Belt as pandemic-era demand spikes subside, Redfin reported Friday. "But the boom is over, and now property owners are struggling to fill vacancies, which is causing rents to fall."

Persons: —, Redfin, Sheharyar Bokhari Organizations: Service, Business Locations: Austin , Texas, Nashville , Tennessee, Jacksonville, Miami, San Diego

☆ Young workers are flocking to these fast-growing job markets—they're not on the coasts
▼ + stars: | 2024-05-14 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +2 min

New York, Washington, D.C. and other major metros may be some of the most sought-after job markets for young professionals, but for ample opportunities and high-paying roles, they may have better luck in the Sun Belt. The metro areas around Tucson, Arizona; Tallahassee, Florida; and Gainesville, Florida; are the fastest-growing job markets for entry-level roles, according to new data from LinkedIn. The top industries hiring entry-level workers are secure fields like manufacturing, government, education and health care. 1 priority is finding a job with stability. The professional services sector has seen more layoffs in recent years, Kantenga says, but common jobs in consulting and legal services also pay "extremely well," which may be a worthwhile tradeoff for young people.

Persons: Kory Kantenga, Kantenga, grads Organizations: LinkedIn, Sun Locations: York, Washington, Tucson , Arizona, Tallahassee , Florida, Gainesville , Florida, Tallahassee, Florida, Chattanooga , Tennessee, Savannah, Georgia, Des Moines , Iowa, Birmingham , Alabama, Harrisburg , Pennsylvania, Huntsville , Alabama, Hartford , Connecticut, South, Americas, Tucson

☆ Home Sellers' Tough Summer: Get Ready for Lower Prices, Fewer Offers
▼ + stars: | 2024-05-08 | by ( James Rodriguez | ) www.businessinsider.com time to read: +11 min

Rich baby boomers jumped in with all-cash offers, and sellers scored huge windfalls as weary buyers pushed prices to new heights. After all, people have to move for a wide variety of life reasons; mortgage rates be damned. "The further and further we get from the peak of the market," Peterson told me, "the harder it is to deny what's happened." Mortgage rates haven't fallen — in fact, they've gone up about 0.6 percentage points since the start of the year. "It can always be tricky telling somebody that they were just lucky because it makes you sound envious," Peterson told me.

Persons: Rich, Sellers, Eric Peterson, Peterson, Austin, Freddie, they've, Selma Hepp, Freddie Mac, Mike Simonsen, Redfin, towners, Libby Levinson, Katz, Price, Levinson, John Burns, they'll, Realtor.com, you'd Organizations: Freddie Mac, Reserve, Federal Housing Finance Agency, Altos Research, Sun, John, John Burns Research, Consulting Locations: Austin, Boise , Idaho, Denver

☆ Campaign Updates: At the R.N.C. donor retreat, Trump calls the Biden administration the ‘Gestapo.’
▼ + stars: | 2024-05-05 | by ( Maggie Haberman | Shane Goldmacher | ) www.nytimes.com time to read: +8 min

“You have to respect the office of the presidency,” Mr. Trump said. “When you are Democrat, you start off essentially at 40 percent because you have civil service, you have the unions and you have welfare,” Mr. Trump said on Saturday. director whom Mr. Trump fired amid an investigation into Mr. Trump and his campaign, was connected to the Blagojevich investigation. Mr. Trump also mocked the physical appearance of Jack Smith, the special counsel who has indicted him twice. At another point, Mr. Trump said that if anyone wanted to donate $1 million to the R.N.C.

Persons: Donald J, Trump, Biden’s, ” Mr, Trump baselessly, Biden, “, Mr, ”, William P, Barr, Michael Whatley, Mitt Romney, Hope Hicks, Rod Blagojevich, Blagojevich’s, James B, Blagojevich, Jack Smith, Smith, Mike Johnson, Roe, Wade, Trump’s, — Susie Wiles, Chris LaCivita, Tony Fabrizio — Organizations: Republican National Committee, The New York Times, Trump, Democratic, Mr, Sun Locations: New York, Florida, Palm Beach, Fla, Manhattan, Illinois, Minnesota, Virginia, Nevada , Arizona, Georgia, North Carolina, Pennsylvania, Michigan, Wisconsin

Our Electoral College maps below lay out the best scenarios for him and Mr. Trump. In a Wall Street Journal battleground poll taken in March, Mr. Biden had only 37 percent job approval in the state. … orand The second and harder path for Mr. Trump would be if he carried only one Southern swing state – most likely North Carolina. By carrying these states, Mr. Biden has several paths to 270, but the first three scenarios are his most viable. Scenario 4 They involve Mr. Biden winning Georgia and Arizona … They involve Mr. Biden winningand Scenario 5 … or Michigan and Georgia.

Persons: Biden, Akshita Chandra, Yuji Sakai, Joe Biden, Donald Trump, Trump, Biden’s, Court’s, … orand, Hamas’s, Mr, …, —, Bill Clinton’s, Doug Sosnik, Bill Clinton Organizations: Presidency, Trump, New York Times, Electoral, Wisconsin –, Sun, Siena, Black, The Arizona, Michigan, Mr, North Carolina, Republicans, Georgia, Democrats, Congressional District, Michigan …, Wisconsin, Democratic, House Locations: Arizona, – Michigan, Pennsylvania, Wisconsin, Georgia, Nevada, North Carolina, Mich, Pa, Nev, N.C, Ariz . Ga, Wis, Ariz ., Michigan, Arizona , Michigan, Arizona , Nevada, Israel, Gaza, Nebraska, Minnesota, United States, Michigan , Pennsylvania

☆ In these 22 states, you need a six-figure income to afford a typical home, analysis finds
▼ + stars: | 2024-03-31 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +5 min

New York CNN —Buying an affordable home in the United States has gotten a lot harder for many people since 2020. A new analysis from Bankrate.com finds that in 22 states and Washington, DC, buyers need a six-figure household income to comfortably afford a typical median-priced home. That’s a lot more than in January 2020, when Bankrate found buyers needed a six-figure income in just six states and the District of Columbia. For instance, Bankrate found that the income needed to buy a median-priced home rose the least in North Dakota (up 9.2%); Illinois (up 27.2%); and Kansas (up 29.3%). The complete Bankrate analysis can be found here.

Persons: Bankrate, ”, Jeff Ostrowski, –, Redfin –, homebuyers, ” Ostrowski Organizations: New, New York CNN, District of Columbia, “, United States –, of Columbia, Washington State Locations: New York, United States, Washington, DC, West, California, Hawaii, Massachusetts, Arizona, Colorado, Connecticut, Florida, Idaho, Maine, Maryland, Montana, Nevada, New Hampshire, New Jersey, Oregon, Rhode, Texas, Utah, Vermont, Virginia, South, Midwest, Mississippi, Ohio, Arkansas, Indiana, Kentucky, Tennessee, South Carolina, North Dakota, Illinois, Kansas

☆ Stocks making the biggest moves premarket: Walgreens Boots Alliance, Estee Lauder, RH and more
▼ + stars: | 2024-03-28 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Walgreens Boots Alliance — Shares dipped 1.6% after the company's fiscal second quarter report was released. Walgreens generated $37.05 billion in revenue for the quarter, topping the LSEG forecast of $35.86 billon. Estee Lauder — Shares rose more than 3% after a Bank of America upgrade to buy from neutral. Management is guiding for full-year revenue growth to fall between 8% to 10%, while analysts polled by FactSet had forecasted 6.4%. Vornado Realty Trust — Shares gained 1.2% after Morgan Stanley upgraded the office building REIT to equal weight from underweight.

Persons: Estee Lauder, Vikram Gandhi, RH, FactSet, Morgan Stanley, Vornado, —, Jesse Pound, Sarah Min, Michelle Fox Organizations: Walgreens, Bank of America, Allstate, HSBC, Management, Apollo Global Management, Securities and Exchange Commission, U.S, Attorney's, Vornado Realty Locations: New York, West Coast

☆ Climate crisis: You don’t have to admit there’s one to be fighting climate change
▼ + stars: | 2024-03-23 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +16 min

The climate crisis ends up touching on all of those issues, as CNN’s chief climate correspondent Bill Weir told me. Removing politics from climate changeWOLF: It’s interesting to hear you say that about Texas, because the governor and the Republican-dominated legislature there would seemingly be opposed to doing anything specifically because of climate change. Joe Biden has tried to make the argument that addressing climate change should be an economic boom. It seems clear that we’re going to burst through the 2-degree tipping point that had been previously suggested as the tipping point for climate change. What that means for marine ecosystems and coral reefs, which are the cradles of life in the oceans, and what it means for the power of storms as we head into hurricane season has scientists really, really worried.

Persons: Bill Weir, ”, Weir, You’re, WEIR, don’t, Syd Kitson, It’s, Hurricane Ian, CNN WEIR, Hurricane Maria, they’ve, it’s, It’ll, Joe Biden, Donald Trump, Matt Yglesias, WOLF, I’ve, we’ve, We’ve, Kena Betancur, they’re, There’s Organizations: CNN, NFL, Hurricane, Babcock, Buffalo, UN, Republican, Act, Citi Bikes, Getty, Greyhound Locations: Hope, Massachusetts, Salisbury , Massachusetts, New Hampshire, Florida, America, , Florida, Puerto Rico, Buffalo, Puerto Rican, Niagara Falls, Texas, Alaska, United States, Portland , Maine, Portland , Oregon, Central America, Charleston, South Carolina, New York City, Dallas, Chicago, New York, AFP

NEW YORK (AP) — James Madison announced itself by beating a Big Ten team to start this season. Terrence Edwards Jr. scored 14 points and James Madison pulled off the first 12-5 upset of March Madness by beating Wisconsin 72-61 on Friday night. “Told the team, I’m proud of them, but not surprised,” James Madison coach Mark Byington said. James Madison opened the season with victory at Michigan State in November that moved the Dukes in the AP Top 25 for the first time in school history. “And we knew we belonged.”Only defending national champion and top-seeded UConn has won as many games this season as James Madison.

Persons: — James Madison, Dukes, “, ” Xavier Brown, Terrence Edwards Jr, James Madison, ” James Madison, Mark Byington, LIU, Max Klesmit, FanDuel, ” Byington, Klesmit, Noah Freidel, JMU, ” Friedel, ” Edwards, Greg Gard, Chucky Hepburn, ” Gard, Bickerstaff, Julien Wooden, ” Bickerstaff Organizations: Big, NCAA, Wisconsin, Badgers, Barclays Center, Atlantic Union Bank Center, Michigan State, Dukes, ”, UConn, Duke Locations: South Region, Brooklyn, Harrisonburg , Virginia, Atlanta, New York, ” Wisconsin, unfazed

☆ The top 10 richest cities in America
▼ + stars: | 2024-03-21 | by ( Robert Frank | ) www.cnbc.com time to read: +2 min

A new report found that New York City is the No. With nearly 350,000 millionaires and 60 billionaires, the Big Apple is the richest city in America, according to the USA Wealth Report from Henley & Partners and New World Wealth. Despite all the headlines about the rich leaving the city, its millionaire population has grown 48% over the past decade. The San Francisco Bay Area ranks as the second richest city in America, despite topping New York for billionaires, with more than 305,000 millionaires and 68 billionaires. The Bay Area's growth rate over the past 10 years has been even more impressive, with its millionaire population soaring 82%.

Persons: Robert Frank, Andrew Amoils Organizations: U.S, Apple, USA, Henley & Partners, San Francisco Bay Area, New, New York City Locations: New York City, . New York, America, San Francisco, New York, Austin , Texas, Miami, U.S, Texas, Florida, Bay

☆ Biden seeks to reinvigorate diverse coalition in critical 2024 campaign swing out West
▼ + stars: | 2024-03-19 | by ( Betsy Klein | Arlette Saenz | ) edition.cnn.com time to read: +7 min

He’ll also use the trip to highlight early organizing efforts in these two states that the campaign believes will be “core” to electoral victory. Biden will launch the campaign’s “Latinos con Biden-Harris” organizing initiative when he visits South Phoenix, Arizona, Tuesday evening, campaign officials said. And the vast majority of Arizonans support abortion access, as well,” Dan Kanninen, the Biden campaign’s battleground states director, said. Biden’s western swingAt a first stop in the Reno, Nevada, area, Biden will meet with local leaders and campaign volunteers in Washoe County. To that end, Biden has proposed $258 billion in housing investments in the budget he submitted to Congress earlier this month.

Persons: Joe Biden, Donald Trump, He’ll, Biden, Harris ”, “, Dan Kanninen, Trump’s, ” Kanninen, Kanninen, MAGA, ” Julie Chavez Rodriguez, Kamala Harris, Chavez, ” Biden, White, ”, Gene Sperling, Harris Organizations: Las Vegas CNN, Democratic, Biden, Fox, Trump, Republican Party, Republicans, GOP, Union, Democrats ’, Las Vegas, Income Housing Coalition Locations: Nevada, Arizona, South Phoenix , Arizona, Georgia , Michigan, Pennsylvania, Wisconsin, New Hampshire, North Carolina, Reno , Nevada, Washoe County, Las, president’s State, Phoenix, Mexican, America, Dallas, Houston , Texas

In an AP-NORC poll conducted in February, 38% of U.S. adults approved of how Biden was handling his job. Black adults are more likely than white and Hispanic adults to approve of Biden, but that approval has dropped in the three years since Biden took office. This is stuff that requires work,” Quentin Fulks, principal deputy campaign manager for the Biden campaign, said in an interview. Still, the Biden campaign and the broader Democratic Party are confronting their own struggles, despite their cash and organizational advantages. And in Nevada, Biden will continue promoting a new housing proposal that would offer a mortgage relief credit for first-time homebuyers and a seller's tax credit to encourage homeowners to offload their starter homes.

Persons: Joe Biden, Harris, Biden, Donald Trump, They're, Trump, Jill Biden, ” Quentin Fulks, “, ”, Maria Cardona, White, Lael Brainard, Sen, Catherine Cortez Masto, —, ” Cortez Masto, Linley Sanders, biden Organizations: WASHINGTON, Democratic, Biden, Asian American, Bilingual, GOP, Republican National, Trump, RNC, Trump's, Democratic Party, AP VoteCast, ”, White, National Economic Council, Republican, Associated Press Locations: Nevada , Arizona, Texas, Reno , Nevada, Washoe County, Las Vegas, Phoenix, U.S, Arizona, Maryvale, Nevada and Arizona, Biden's State, Biden’s, Nevada , Pennsylvania, North Carolina, Wisconsin, In Arizona, Nevada, Dallas, Houston

☆ See how badly your home could be hit by heat, wind, and bad air over the next 30 years
▼ + stars: | 2024-03-13 | by ( Dan Latu | Catherine Boudreau | ) www.businessinsider.com time to read: +5 min

Realtor.com has unveiled a set of climate risk tools that homeowners and homebuyers alike can use to learn the specific climate risks of a property. The tools, called Heat Factor, Wind Factor, and Air Factor, are available starting Wednesday and can map out a neighborhood's risks of above-normal days on the heat index, chances of experiencing wind gusts over 50 mph, and days of poor air quality. More than 40% of US homes, valued at a combined $20 trillion, are vulnerable to extreme heat, wind, and poor air quality, according to a Realtor.com analysis. Understanding your home's climate riskPrior to releasing the heat, wind, and air quality tools, Realtor.com already provided fire and flood risks for properties based on data from First Street. First Street, a climate-risk firm, is also behind the data on extreme heat, wind, and air quality now added to listings.

Persons: Realtor.com, Oscar Seikaly, Bob Stephens, homebuyers, Danielle Hale, Hale, Z, Redfin, we've Organizations: Service, Factor, Air Factor, Business, San, Sun Locations: Florida , California, Texas, Miami, San Francisco, California, Florida

☆ Why it will be tough for Biden to defeat Trump
▼ + stars: | 2024-03-09 | by ( Harry Enten | ) edition.cnn.com time to read: +6 min

Joe Biden and Donald Trump are set to face off in the first presidential rematch since 1956. It’s that a lead of any margin for Trump was unheard of during the 2020 campaign – not a single poll that met CNN’s standards for publication showed Trump leading Biden nationally. It’s possible that if consumer sentiment continues to improve or border crossings decline, Biden could pick up steam against Trump. This means that it isn’t enough for Biden merely to win voters who dislike both men. For more people to turn against Trump, Biden’s best hope may lie with the four criminal indictments against the former president.

Persons: Joe Biden, Donald Trump, It’s, Biden, Trump, KFF, –, I’ve, isn’t, it’s, I’m, George H.W, George H.W . Bush Organizations: CNN, Trump, The New York Times, Siena College, CBS, Fox News, Street, Biden, Electoral College (, Democratic, Electoral College, New, New York Times Locations: Electoral College ( Arizona, Georgia, Wisconsin, Arizona , Georgia, Nevada, Michigan, George H.W ., New York

☆ McDonald’s and other restaurant chains look to the Sun Belt for growth as population soars
▼ + stars: | 2024-03-09 | by ( Amelia Lucas | ) www.cnbc.com time to read: +7 min

The chain's sales are "way stronger" in Texas, Arizona and Florida than in midwestern states such as Indiana and Wisconsin, according to Osanloo. For more mature companies such as McDonald's , it means accelerating new restaurant growth in areas where it's now underrepresented. It isn't just restaurants looking to the Sun Belt for sales growth. In addition to well-known chains, Greider has also seen restaurants with chef-driven name recognition traveling south from New York and Chicago. The chain's sales are growing again, according to Brix Holdings CEO Sherif Mityas, making it an opportune time to expand Friendly's footprint.

Persons: Portillo's, Michael Osanloo, you've, Justin Greider, Macy's, Phillips, Manu Steijaert, Greider, they've, that's, Carbone, Friendly's, Sherif Mityas, Mityas, we're, Christine Barone Organizations: Beef, CNBC, Northeast, Sun, Airlines, Dallas, Phillips Edison & Company, JPMorgan, Grill, Major Food Group, Brix Holdings, Brix, Bros Locations: Kissimmee , Florida, Chicago, Texas, Texas , Arizona, Florida, Indiana, Wisconsin, U.S, Midwest, Charlotte, Phoenix, Houston, Dallas, Fort Worth, Atlanta, Florida , Texas , Arizona, Georgia, North Carolina, New York, Miami, Massachusetts, Mississippi, Minneapolis, Southern California, California, Virginia

☆ 'Love is Blind' fans are bashing the cookie-cutter Charlotte suburbs featured on the show. Here's how experts say they can be improved.
▼ + stars: | 2024-03-07 | by ( Juliana Kaplan | Eliza Relman | ) www.businessinsider.com time to read: +9 min

"Why aren't we talking about the most terrifying part of Love is Blind: this Charlotte housing development," one viewer posted on X alongside an aerial image of the newly-built cookie-cutter rowhouses. I think my favorite part of this season of Love is Blind is how horrible it makes Charlotte look as a city. But you're still doing the wrong thing," Toderian said of Blu South. "Some folks estimate that before this went into effect, about 84% of the residential land in Charlotte was restricted to only single-family housing," Lallinger said. Editor's note: March 7, 2024 — This article was updated after publication to include a comment from Blu South.

Persons: —, Netflix's, what's, Charlotte, who've, there's, Stefan Lallinger, Yongqiang Chu, Chu, it's, Brent Toderian, Toderian, Charlotte's, UDO, Lallinger, quadruplexes, Stephanie Watkins, Cruz, Watkins, townhomes Organizations: Service, Business, University of North, Blu, North, North Carolina Housing Coalition Locations: Charlotte , North Carolina, Pineville, exurbs, Charlotte, University of North Carolina, they're, North Carolina

☆ Americans are moving a lot less — and boomers may be to blame
▼ + stars: | 2024-02-28 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +5 min

Fewer Americans are moving within the US, and boomer homeowners in more expensive states may explain why. Over the last few decades, US internal migration has fallen substantially. Census data shows internal migration has slowed since the 1970s amid deindustrialization and a weaker economy. "This suggests that declining internal migration is due to changes in structural aspects of migration choice, which affect individuals and families of many different backgrounds," the authors wrote. Net migration has been strongest out of California, Illinois, Massachusetts, New Jersey, and New York, which have relatively high wages and housing prices.

Persons: William Olney, Owen Thompson Organizations: Williams College, Business, Sun Belt Locations: California, New York, Northeast, Midwest, Northwest, Southwest, California , Illinois , Massachusetts , New Jersey, Georgia, North Carolina , Tennessee, Texas, California , New York, New Jersey, Florida , Nevada, Arizona

☆ The fastest-growing city in Texas is a tiny place no one's ever heard of
▼ + stars: | 2024-02-18 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +7 min

Texas' fastest-growing city is a small spot outside Dallas called Josephine, census data shows. “It's a stressor being in that type of environment,” Moore told Business Insider. AdvertisementAccording to census data, Josephine is the fastest-growing city in Texas. AdvertisementAn aerial view of Josephine, Texas. “The majority of the homes in the city of Josephine are overwhelmingly priced at $300,000.

Persons: Josephine, —, Cassidy Moore, Moore —, McKinney , Texas —, “, ” Moore, Moore, she’d, Redfin, Dallas ’, Antonio —, ’, Let's, ’ ”, homebuilder, Horton, Robbie Hale, Burnet, Bonnie Hunt, Lisa Palomba “ Josephine, ” Hunt, “ It's, Lisa Palomba, ” Palomba, Josephine —, We're, Sherman Organizations: Texas, Service, Fort Worth metroplex, Google, US, Waverly Estates, Estates, Texan, Real Estate, McKinney Locations: Dallas, Fort Worth, McKinney , Texas, Josephine, Texas, Florida, San Antonio, New Braunfels, Austin, DFW, Josephine , Texas, D.R, Meadow, Horton, Sun, Florida , Georgia, Arizona, McKinney, Plano, “

☆ Young homebuyers are about to regain serious leverage over their parents' generation, according to the 'Oracle of Wall Street' who called the financial crisis
▼ + stars: | 2024-02-13 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

“People have not accessed the equity in their homes,” Whitney said. Advertisement“The issue that it leads to is more sellers, fewer buyers,” Whitney said. “I think you’re going to see a bifurcated housing market where you see continued strength in some areas, and then disproportionate weakness in others,” Whitney said. AdvertisementThe obvious question that follows is which real estate markets will be best for buyers and which will favor sellers. In October, Whitney cited Connecticut, Illinois, New Jersey, and Pennsylvania as examples of states where property prices could plummet , especially in rural areas.

Persons: —, Meredith Whitney, Whitney, ” Whitney, Meredith, “ It’s, they’ve, haven’t, “, Whitney isn’t, it’s Organizations: Service, Wall Street, Business, Wall, Advisory Group, Sun Belt Locations: Texas, Florida, Connecticut, Illinois , New Jersey, Pennsylvania, New York, Ohio, States, Tennessee, Utah, Arizona, West Coast

GAINESVILLE, Fla. (AP) — Coming off back-to-back losing seasons, Florida coach Billy Napier needed to make changes. Napier hired a “head coach of the defense,” an “expert in the special teams space” and a new strength and conditioning coordinator during the past two months. Napier and the Gators are counting on all the new faces making a huge difference this fall. Napier could give up play-calling duties for the first time in seven seasons as a head coach. His offense was inconsistent, his defense was historically woeful and his special teams units provided more head-scratching moments than game-changing momentum.

Persons: Billy Napier, Napier, ”, ” Napier, He’s, signee Jaden Rashada, Rashada, There’s, “, Ron Roberts, Roberts, mentee Austin Armstrong, Joe Houston, Craig Fitzgerald, Mark Hocke, Russ Callaway, we’ve, Russ, Jameer Grimsley, Asa Turner, Grayson Howard, “ We’ve Organizations: Gators, Sun Belt Conference, NCAA, Arizona State, Auburn, New England Patriots, Houston, New York Giants, Alabama, AP Locations: GAINESVILLE, Fla, Florida, Gainesville, Louisiana, Lafayette, Miami, Washington, South Carolina

☆ Renters on a budget should look in these 27 cities where apartment prices are plunging
▼ + stars: | 2024-01-28 | by ( James Faris | ) www.businessinsider.com time to read: +2 min

One-bedroom rent rose by less than 1% for the fifth-straight month after rising for 12 consecutive months starting in October 2021. Rent growth in the US is far from its pandemic peak, according to the January rent report from @Zumper. pic.twitter.com/3QhWPCyaUp — James Faris (@JamesFaris_) January 25, 2024Apartment prices have been driven down by surging supply, Zumper noted. Many renters are now enjoying perks that would've been unheard of during the pandemic, including waived security deposits and a free month of rent, Zumper found. Below are 27 metropolitan areas where the going rental rate for a one-bedroom apartment is at least 5% lower than it was last January, according to Zumper.

Persons: 3QhWPCyaUp — James Faris, @JamesFaris_, Zumper, Anthemos Georgiades Organizations: Business Locations: @Zumper

☆ Edward E. Crutchfield, 82, Banker Whose Deals Reshaped the Industry, Dies
▼ + stars: | 2024-01-25 | by ( Stacy Cowley | ) www.nytimes.com time to read: +1 min

His death was confirmed by his son, Elliott Crutchfield, who said his father had dementia. When Mr. Crutchfield graduated from business school in 1965, he took a job as a credit analyst at First Union bank in Charlotte, N.C. It was the lowest-paying job he was offered but he thought he could move up faster at a smaller bank. He sensed opportunity, he told his family and colleagues, at the bank and in the region. The decision empowered Mr. Crutchfield, by then his bank’s chairman and chief executive, to gobble up rival banks and failed thrifts, transforming First Union into a super-regional bank with thousands of branches throughout the Southeast.

Persons: Edward E, Crutchfield, Eddie ”, Elliott Crutchfield, hunches, ” Organizations: Charlotte, First Union, Union, New York Times Locations: North Carolina, Vero Beach, Fla, Charlotte, N.C, “

AUBURN, Ala. (AP) — Johni Broome had a preseason prediction for anyone sleeping on Auburn’s team. The reality is tougher games await and Auburn has only played two ranked teams, handling then-No. "You look at the last 11 games, they're running through people. They're playing hard on defense. Despite the mishmash of returnees and newcomers, center Dylan Cardwell says this Auburn team has developed a chemistry and closeness.

Persons: — Johni Broome, “ They’re, The Tigers haven't, Bruce Pearl, “, Pearl, Ole Miss, Bud, Pearl's, He's, Nate Oats, we've, Jaylin Williams, Aden Holloway, Tre Donaldson, Chad Baker, Denver Jones, Chaney Johnson, Dylan Cardwell, I’ve, ” Cardwell, we’re Organizations: Tigers, Alabama, Baylor, Appalachian State, Sun Belt Conference, The Tigers, Auburn, Razorbacks, Bud Walton Arena, Crimson Tide, Tennessee, AP Locations: AUBURN, Ala, Auburn, Appalachian, Mississippi, Arkansas, Kentucky, Broome, Mazara

Search resuls for: "Sun Belt"

25 mentions found