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☆ Why developers are turning to shopping malls to fix the housing crisis
▼ + stars: | 2024-12-05 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +12 min

But as the country contends with a housing crisis, the fastest growing use of these spaces is apartment complexes, real estate developers said. At least a dozen more apartment projects are underway at malls across the country, including in California, Florida, Arizona and Texas. For developers, adding apartments can not only fill a need, but also bring people closer to their remaining retail stores and restaurants. The Lafayette Square Mall in Indianapolis is slated to open 1,200 apartment units, including affordable housing in a former Sears building, beginning in 2025. Take The Arcade in Providence, Rhode Island – the oldest indoor shopping mall in the country.

Persons: Jacob Knudsen, we're, There's, Oscar Parra, liv, any of the hou, 200 ap, Howe, Amy, enio, cade, bui, alon g, He estima, venu, Mal, mila, Joh, John B, hite, tur, ker, ryo, TJ, Bo, Borchardt, ake o Organizations: U.S, JCPenney, Sears, NHL, Pacific Retail Capital Partners, ust, Uni, ersity Locations: Broomfield , Colorado, U.S, California , Florida , Arizona, Texas, erie, Bor

☆ Climate Action 15: 2024's Leading Innovators for a Sustainable Future
▼ + stars: | 2024-11-11 | by ( ) www.businessinsider.com time to read: +40 min

Editor's note: Business Insider's reporters and editors nominated leaders based on insights from past Climate Action honorees, expert sources, and reader submissions. Courtesy of Jayson RicamaraSaudi Arabia, with its hot desert climate and little fresh water, is one of the most difficult farming environments. AdvertisementIyris in October also launched a sustainable-farming pilot in Saudi Arabia with chemical and plastic manufacturers as well as companies including Red Sea Global, a luxury tourism developer. A UN climate panel estimated that harnessing wave energy could supply 20% more electricity than the world produced in 2022. The US is trying to shore up its own mining and manufacturing base to curb China's power, including in battery recycling.

Persons: Derya Baran, Iyris Derya Baran, Jayson Ricamara, Baran, SecondSky, who's, Inna Braverman, Braverman, David Leb, Charles Callaway, Environmental Justice Charles Callaway ., Callaway, Clara, Gretchen Cara Daily, Stanford University Gretchen Cara Daily, Daily, NatCap, Juan Carlos Navarro, Panama Juan Carlos Navarro, Panama Navarro, José Raúl, Haiti —, Navarro, del, Reinhold Gallmetzer, Reinhold, Gallmetzer, Brazil's JBS, packer, Diane Gilpin, Smart Green Shipping Diane Gilpin, Gilpin, Drax, Roberta Tuurraq Glenn, Borade, Savok Glenn, Glenn, Cynthia Houniuhi, Houniuhi, it's, Arvind Kumar, Prasad, Rice, Kumar, Ari Matusiak, Gazur, Matusiak, —, Duncan McIntyre, McIntyre, Altenex, Ozane, Biden, It's, Delta, Liz Ricketts, Charlie Engman Ricketts, Ricketts, Ricketts didn't, Chao Yan, Princeton NuEnergy Chao Yan, Yan Organizations: Iyris, United Arab, King Abdullah University of Science, Technology, Red, Eco, UN, Eco Wave Power, Shell, Environmental Justice, Proctor Academy For Callaway, Metropolitan Transportation Authority, Green Institute, Callaway, Natural, Stanford University, Stanford, Facility, Ministry, Environment, Panama's, UNESCO, US State Department, National Association for, Nature, Center, for, Carrefour, Nestlé, Smart Green Shipping, Scottish Enterprise, International Windship Association, Maritime Organization, Union, Alaska Arctic Observatory, National Weather Service, AAOKH, University of Alaska, Pacific Islands, University of, International Court of Justice, United Nations, Prasad Seeds, Labor, Prasad, International Rice Research Institute, Rewiring, Reduction, Communities, Highland Electric, Schools, Highland, Beverly Public Schools, Fortune, Edison International, Louisiana, US Department of Energy, Ozane, White, LNG, Vessel Project, Biden, Department of Energy, Kantamanto, London . Brands, McKinsey, Princeton, New Jersey Institute of Technology, Princeton University, Princeton NuEnergy, Energy, Laboratory, EV Locations: Jayson Ricamara Saudi Arabia, Saudi Arabia, United Arab Emirates, Egypt, Spain, Ukraine, Cherkassy, Israel, Gibraltar, Port of Los Angeles, Porto, Portugal, West Harlem, New York City, Clara Hale, Costa Rica, Belize, China, NatCap, Stanford, Panama, Colombia, Venezuela, Haiti, Panama City, Brazil, Peru, Brazilian, , Norway's, Barrow, Furness, Alaska, University of Alaska Fairbanks, Utqiaġvik, Fanalei, Solomon Islands, Fiji, Vanuatu, Tonga, Asia, Saharan Africa, India, Philippines, Nepal, Bangladesh, Africa, Hyderabad, South, Southeastern Asia, Subhanpur, Rewiring America, Massachusetts —, Sulphur , Louisiana, Calcasieu, Vessel Project Louisiana, Accra, Ghana, New York, London, Kantamanto, Taiyuan, China's Shanxi, Argonne, South Carolina

☆ Satellite images show the difficult mission to save a stricken oil tanker in the Red Sea
▼ + stars: | 2024-09-18 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewSatellite imagery obtained by Business Insider captures the difficult mission to rescue an oil tanker stranded in the Red Sea nearly a month after the Iran-backed Houthi rebels first attacked the vessel. Operation Aspides stated that it would continue to monitor the situation while "private stakeholders" finish the salvage mission. Satellite images captured by Maxar Technologies this past weekend show the salvage mission underway. Related storiesRear Adm. Vasileios Gryparis, the operational commander of Aspides, told BI earlier this month that a successful salvage mission required meeting safety, technical, environmental, and weather considerations. AdvertisementThe Houthis have struck a number of vessels with missiles and drones since the Iran-backed rebels started attacking merchant shipping lanes in the Red Sea and Gulf of Aden last fall.

Persons: —, Aspides, BlackSky, Valdez, Vasileios Gryparis Organizations: Service, Business Insider, Business, Maxar Technologies, Technologies, European Locations: Iran, Red, Iraq, Greece, Gulf, Aden, Yemen

☆ My son is heading to college in the fall, and he's behaving worse than ever. I finally understand why.
▼ + stars: | 2024-07-28 | by ( Erika Elizabeth-Gold | ) www.businessinsider.com time to read: +4 min

God forbid I ask him where he's going, who he'll be with, or when he'll be home. He's 'soiling the nest'After doing some research, I learned that sudden sullenness is a common phenomenon as children prepare to move out. They are all headed to different schools across the country, and I know he's trying to figure out how to maintain those relationships. AdvertisementOur relationship is changing, not endingOf course, our son doesn't need me or his dad in the same ways as he did when he was younger. That means trying to understand and accept sometimes challenging behaviors as he prepares for this next important step.

Persons: It's, He's, I've, I'm, he's, he'll, Lay, they've, everyone's, isn't, He'll Organizations: Service, Business

☆ US Navy warships in the Red Sea are fighting off missiles new to combat that are 'way faster' than anything else, destroyer captain says
▼ + stars: | 2024-05-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

Since then, the Iran-backed rebels have fired dozens of anti-ship ballistic missiles into the Red Sea and Gulf of Aden. An anti-ship ballistic missile "is just way faster than anything else, Cmdr. Jeremy Robertson, captain of the guided-missile destroyer USS Carney, told reporters during a media event on Monday. The Houthis maintain a sizable arsenal of anti-ship ballistic missiles, according to an analysis by the the International Institute for Strategic Studies think tank. US Navy guided-missile destroyer USS Carney defeats a combination of Houthi missiles and drones in the Red Sea on October 19, 2023.

Persons: —, Jeremy Robertson, Carney, MCS2 Aaron Lau, Robertson, we've, Dwight D, Eisenhower, Petty, Bill Dodge, The Carney, Lisa Franchetti, Franchetti Organizations: Service, Navy, Business, US Navy, International Institute for Strategic Studies, Central Command, AP, Israel, Naval, Fleet Locations: American, Iran, Gulf of Aden, Suez, Yemen, Tehran, Washington, Pacific, China, Souda Bay, Greece, Mayport , Florida

☆ The 'feminization of wealth' is coming as the boomer wealth transfer boosts the economic power of women
▼ + stars: | 2024-03-16 | by ( Aruni Soni | ) www.businessinsider.com time to read: +4 min

Of all the ways the baby boomer wealth transfer is expected to reshape everything from housing to the stock market, it could have another big impact: making women a lot wealthier. According to Ellevest, which focuses on wealth management and financial planning for women, a lot of it is going to be inherited by women in a shift the firm is calling the "feminization of wealth." For one, as women live longer than men, there's a shuffling of wealth from boomer husbands to their wives. In total, about $84 trillion is expected to be passed down to younger generations in the Great Wealth Transfer by 2045. As women control more wealth, those corners of the economy will adapt to their needs.

Persons: —, Sallie Krawcheck, Krawcheck, Tracy Bell, Bell, It's, Gen Organizations: Service, Boomers, Business, Bank of America, Contemporary, First Horizon, Bank of America Private Bank Locations: America

☆ Opinion: Who is winning? Gen. Petraeus on Ukraine war, two years in
▼ + stars: | 2024-02-23 | by ( Peter Bergen | ) edition.cnn.com time to read: +18 min

CNN —Two years into the Ukraine war, the tide has shifted, and Russian forces have some momentum, according to retired US General David Petraeus. Michal Dyjuk/AP/FILELast weekend Gen. Petraeus was at the Munich Security Conference, the leading global national security conference that was attended by pretty much every European leader and by top American officials – including Vice President Kamala Harris and Secretary of State Antony Blinken. BERGEN: At the Munich Security Conference, what was the mood like? BERGEN: Who’s winning the war in Ukraine? BERGEN: What’s going on in Ukraine looks a lot like World War I, in the sense that it’s trench warfare, minefields, machine guns.

Persons: Peter Bergen, ”, David Petraeus, Vladimir Putin’s, Putin, Lord Andrew Roberts, ” David Petraeus, Michal Dyjuk, Petraeus, Kamala Harris, Antony Blinken, Alexey Navalny’s, Volodymyr Zelensky, Gen, PETRAEUS, I’ve, Olaf Scholz, Jens Stoltenberg, Tobias Schwarz, they’ll, Who’s, I’m, Vladimir Putin, Alexey Navalny, we’re, didn’t, Thomas Peter, –, Zelensky, can’t, what’s, There’s, Sergei Supinsky, it’s, Andrew Roberts, Biden, Donald Trump’s Organizations: New, Arizona State University, Apple, Spotify, Trump Administration, CNN, Munich Security Conference, Conference, Supreme, NATO, Munich, Reuters, Republicans, Kremlin, Russian Federation, Kherson –, Tactical Missile Systems, Pentagon, Getty, Congress, Munich Security, PETRAEUS Locations: New America, Ukraine, United States, Afghanistan, Iraq, Avdiivka, BERGEN, Munich, Europe, Russia, Russian, Spain, Moscow, Kyiv, Kharkiv, Chernihiv, Sumy, Kherson, Ukrainian, Swedish, Donetsk, Sevastopol, Crimea, North Africa, Egypt, Kremlin, St, Petersburg, Moldova, Transnistria, Baltic, Soviet Union, AFP, ” BERGEN

US Homeland Security Secretary Alejandro Mayorkas testifies during a Senate Homeland Security and Government Affairs Committee hearing on Capitol Hill in Washington, DC, on October 31, 2023. WASHINGTON — Members of the House Homeland Security Committee are meeting Tuesday to discuss the Republican-led impeachment articles against Homeland Security Secretary Alejandro Mayorkas. House Republicans accuse Mayorkas and the Biden administration of disregarding federal laws on immigration and seek to make Mayorkas the second Cabinet official impeached in U.S. history. According to the first impeachment article set forth by House Republicans, Mayorkas "has willfully and systemically refused to comply with Federal immigration laws." The second impeachment article accuses him of breaching the "public trust" and "knowingly" obstructing "lawful oversight of the Department of Homeland Security."

Persons: Alejandro Mayorkas, Mayorkas, Biden, systemically, Mark Green, Donald Trump, Green, Mayorkas's, Bennie Thompson, Thompson, —, Michael McCaul, Marjorie Taylor Greene, … We're, MAGA, Dan Goldman, Goldman, Joe Biden, President Trump, Glenn Ivey, impeaching, I've, Don Bacon, Nick LaLota, He's, … He's, LaLota, — Rebecca Kaplan Organizations: Homeland, Senate Homeland Security, Government, Capitol, WASHINGTON —, House Homeland Security, Republican, Republicans, House Republicans, Department of Homeland Security, Homeland Security, Rep, Congress, United, Constitution, Mayorkas, DHS, Democrats Locations: Washington ,, U.S, Texas, D, New York, Cuba

Rep. Jim Jordan of Ohio was removed as GOP nominee for speaker in a secret ballot after he lost his third bid. Rep. Kevin McCarthy, the previous speaker, was ousted three weeks ago. Mike Johnson of Louisiana was chosen as House Republicans’ latest nominee for speaker in a conference vote late Tuesday, hours after the party elected and then derailed a different member in its search for the elusive candidate who can actually win the gavel. At the end of a marathon day of internal debate and votes, Johnson, the vice chairman of the House Republican conference, bested Byron Donalds of Florida, a Trump ally popular with many of the House’s most conservative lawmakers. In a shift, lawmakers left the Capitol on Tuesday night optimistic that Johnson could unite them after a series of failed attempts to find a successor to former House Speaker Kevin McCarthy (R., Calif.), who was ousted three weeks ago.

Persons: Jim Jordan of, Kevin McCarthy, Valerie Plesch, Mike Johnson of, Republicans ’, Johnson, Byron Donalds of Organizations: Bloomberg WASHINGTON —, Republicans, House Republican, Trump, Capitol Locations: Jim Jordan of Ohio, Mike Johnson of Louisiana, Byron Donalds of Florida, Calif

☆ They viewed 16 apartments in 3 days, and finally bought their dream home for $371,000. It wasn't even on their initial list.
▼ + stars: | 2023-10-15 | by ( Amanda Goh | ) www.businessinsider.com time to read: +8 min

Soh Jun Hao and Grace Lim bought their public housing apartment in Singapore right before the pandemic. They viewed 16 apartments in 3 days and came across their forever home by chance. HaosofGraceIt took them 16 apartment viewings to find their dream home, which wasn't even on their initial list. A screengrab from Google Maps Street View showing the couple's apartment block. Amanda Goh/InsiderThe couple's apartment faces a park, and the view from their living room is hard to beat.

Persons: Soh Jun Hao, Grace Lim, —, Jun Hao, they've, Lim, Amanda Goh, " Lim, Soh, Lim's grandmother's, it's Organizations: Service, Housing Development Board, Google Locations: Singapore, Tampines

☆ Insuring your home in Colorado can cost $40,000 as the climate crisis wreaks havoc on the market, one insurance CEO said
▼ + stars: | 2023-10-05 | by ( Dan Latu | ) www.businessinsider.com time to read: +4 min

AdvertisementAdvertisementThis as-told-to essay is based on a conversation with Oscar Seikaly, CEO at NSI Insurance Group, which is based in Florida but underwrites policies nationally, about skyrocketing insurance premiums and how unpredictable disasters around the country raise prices for everyone. Over the past 10 years, insurance premiums have changed dramatically. AdvertisementAdvertisementTake the average house in Aspen: You have $5 million for the house, $3 million for the contents, another $2 million for loss of rents. All these insurance companies have to buy from reinsurance companies and there's only three or four main ones in the world. When you buy a $5 million house or a $10 million house, paying $30,000 or $20,000 a year is not going to make a difference.

Persons: Oscar Seikaly, Seikaly, —, that's Organizations: Service, NSI Insurance Locations: Aspen, Florida, California, Colorado, Northern California

☆ In Phoenix, a Classics Teacher Goes on a Home-Buying Odyssey. Which One Did She Choose?
▼ + stars: | 2023-09-21 | by ( Jack Healy | ) www.nytimes.com time to read: +2 min

Sing, o Muse, of the home-buying odyssey of Sarah Bolmarcich, a classics teacher looking to buy her first home with no mortgage in the sun-baked valleys around Phoenix. She started looking for a house in January after the rent on her suburban Phoenix apartment soared 30 percent, to $1,800 a month. “I was really interested in a historic house,” she said. The median year of a house built in Phoenix is 1983. “I’d kept saying to Sarah, ‘Don’t let me look at any historic houses,’” Dr. Bolmarcich said.

Persons: Sarah Bolmarcich, Homer, Bolmarcich, “, ”, Dr, Sarah Jean Richetto, Max Fine, Gilbert, “ I’d, Sarah, ‘ Don’t, ’, Bolmacich, Richetto Organizations: Arizona State University, Arizona State, Max Fine Properties, Ahwatukee Foothills Locations: Phoenix, Athens, Philadelphia, Peloponnese, Tempe, Arizona, Chandler

TALAT N'YAAQOUB, Morocco, Sept 11 (Reuters) - About to return to school, seven-year-old Suleiman Aytnasr had been carried to his bedroom to ensure a good night's rest after he had fallen asleep in the living room. But Brahim was unable to reach Suleiman. "We thank God that our other sons are still alive." "There is a lot of suffering but we thank God for everything," he said. On Monday, the Moroccan army briefly visited Brahim's hamlet, surveying the damage as helicopters flew over.

Persons: TALAT N'YAAQOUB, Suleiman Aytnasr, Brahim, Talat N’Yaaqoub, Suleiman, He’s, Aytnasr, Mouath, Talat N'Yaaqoub, Hannah, haven’t, Alexander Cornwell Jihed Abidellaoui, Tom Perry, Alex Richardson Organizations: REUTERS, Thomson Locations: Morocco, Talat, Marrakech, Moroccan, Brahim's

“We felt a huge shake like it was doomsday,” Moulay Brahim resident Ayoub Toudite said. “Ten seconds and everything was gone.”Flags were lowered across Morocco, as King Mohammed VI ordered three days of national mourning starting Sunday. People in Moulay Brahim, a poor rural community of less than 3,000 people, live in homes made of clay brick and cinder block. I was saved by my neighbors who cleared the rubble with their bare hands," said Fatna Bechar in Moulay Brahim. “This is the first time I experienced an earthquake," British tourist Grahame Stuart said in Moulay Brahim.

Persons: “, Ayoub Toudite, King Mohammed VI, —, Al Haouz, Fatna, ” Hamid Idsalah, Grahame Stuart, Mohamed Messi, Al Hoceima, Angela Charlton, Ahmed Hatem, Brian Melley Organizations: —, ”, Aid, Moroccan, UNESCO, Police, Geological Survey, Portuguese Institute for, Civil Defense, Associated Press Locations: MARRAKECH, Morocco, — Morocco, Marrakech, Mountain, Ighil, Al Haouz Province, Al, Moulay Brahim, Turkey, Moulay, ”, U.S, Moroccan, Agadir, Portugal, Algeria, Paris, Cairo, London

“It looks like somebody took a bunch of dynamite and threw it up on top of the trees,” he said. The hurricane made landfall on Wednesday in a sparsely populated area of Florida known as the Big Bend, which includes Levy County. Mr. Bobbitt, 47, knew that Cedar Key’s mayor had begged people to leave on Tuesday. “I felt like I had some resources here to be able to help folks,” Mr. Bobbitt said. “Our little downtown shopping district, with our restaurants and our shops — 100 percent of those buildings are ruined,” Mr. Bobbitt said.

Persons: Donald Cowan, Idalia, ”, Michael Presley Bobbitt, I’ve, Bobbitt, “, Mr, ” Mr, Kenny Young, Young, that’s Organizations: Cedar Locations: Levy County, Fla, Inglis, Florida, Bend, Levy, Gulf of Mexico

☆ Photo Essay: A Historic Dallas Neighborhood Grapples With Gentrification
▼ + stars: | 2023-08-24 | by ( Azul Sordo | ) www.usnews.com time to read: +19 min

Raul Gutiérrez Alvarado (left) and his nephew, William Domínguez Gutierrez, pose for a portrait outside of their Oak Cliff home. At the time, the local media narrative was one of positive change for the neighborhood, Valderas says. (Azul Sordo for USN&WR)Before the BarrioOak Cliff was once a majority-white, working class neighborhood, annexed by Dallas in 1903. South Oak Cliff, which is largely Black and Hispanic, has a long record of neglect, well documented by Texas Monthly . This is the only photo she has of herself, which adorns the living room of her South Oak Cliff home.

Persons: Cliff, Seattle –, Ferguson, Raul Gutiérrez Alvarado, William Domínguez Gutierrez, Oak Cliff, Gutierrez, Manuel Sordo, Giovanni Valderas, Valderas, “, Ezekiel Garcia, Brianna Hinguanzo, Jose Melendez, Diana Melendez, ”, . Sandoval, Sandoval, Strausz, ” Sandoval, Tereso Ortiz, they’ve, They’ve, ” Ortiz, Claudia Rangel, Damien Olguin, Rangel, Pearlina Bates, she’s, Bates, ” Bates, ‘ Let's, Todd Williams, Sam Moss, Moss, Cliff Valderas, –, ” Valderas, Chad West, Gloria McCoy, Joann, McCoy, SaCarol Ford, Shaun Montgomery, She’s, Charles Strain, Noah Penn, ” Montgomery, Robert L, Thornton, ” Kathryn Holliday, that's, Tomorrow Bates, it’s, ‘, ” Pearlina Bates Organizations: DALLAS, U.S ., U.S . As Texas, USN, Dallas Morning News, National Community Reinvestment Coalition, Dallas, San, Texas Woman’s University, Oak Cliff, cleats, Bishop Arts, Institute, Ku Klux Klan, D Magazine, “, Penn State University, Bishop Arts District, Casa, Blacks, New York City, Texas Woman's University, Dallas County, City Council, Chad, Greater El Bethel Missionary Baptist Church, Tenth, Historic, Tenth Street Residential Association, Greater El Bethel Church, Ninth Ward School, Ku Klux, Dallas Observer, American Institute of Architects, University of Illinois, Tenth Street, Greater El Bethel Baptist Missionary Church, Sunday, Texas Monthly, Cliff Locations: Dallas, U.S, U.S . As, Seattle, Lawndale, Chicago, Missouri, Dover , New Jersey, Michocán, Mexico, Oak, San Francisco, Denver, Boston, North Oak, Jefferson, “ Texas, Black, “ Barrio America, American City, South Dallas, Oak Cliff, ”, Casa Guanajuato, Dallas from Louisiana, –, Kiest Park, Texas, Melba, Greater El Bethel, Van Buren

☆ Two Lifelong Floridians Bolted for Los Angeles, but What Could They Afford?
▼ + stars: | 2023-06-15 | by ( Livia Albeck-Ripka | ) www.nytimes.com time to read: +3 min

But their daughter lived in Los Angeles, and they loved visiting her. They connected with Brita Kleingartner, a Los Angeles real estate agent who had helped them buy the East Hollywood home where their daughter lives. In September, they drove out to Los Angeles with their dog Boosie and a budget of around $1 million. But when Ms. Vickers and Mr. Davis arrived in Los Angeles, they found its sprawl and size daunting. “So when we started seeing these views, we were kind of like, ‘Wow, this is so different from Florida.’”But the Los Angeles market was low on inventory.

Persons: Alice Vickers, John Davis, —, Vickers, Davis, Brita Kleingartner, “, Ms, Kleingartner, Davis weren’t, Mr, ’ Organizations: East Hollywood Locations: Gainesville, Tallahassee . Florida, Tallahassee, West, Seattle, Boulder, Colo, Los Angeles, San Francisco, Dallas, West Coast, Florida

☆ 4 Florida restaurants with the same owner had to give over $250,000 of back pay to staff after the Department of Labor said they only paid servers tips
▼ + stars: | 2023-02-23 | by ( Grace Dean | ) www.businessinsider.com time to read: +2 min

Four Florida restaurants were ordered to pay $253,044 to 93 workers following an investigation. The DOL said the restaurants didn't pay wages to servers or pay other workers overtime. According to court filings viewed by Insider, the restaurants were asked to pay back wages for a period of around three years and 10 months. Tipped workers, like servers, have to take home at least $7.98 an hour in pay from the restaurant, with the rest made up in tips. The four Florida restaurants paid staff straight time for all hours worked, the DOL said.

[1/2] U.S. President Joe Biden and Ukraine's President Volodymyr Zelenskiy walk down the Colonnade to the Oval Office at the White House in Washington, U.S., December 21, 2022. The planning for Zelenskiy's speech began in October, according to a Pelosi aide, when she met with Ruslan Stefanchuk, chairman of Ukraine's parliament, the Verkhovna Rada. Zelenskiy, Fried said, "didn’t go to Berlin, Brussels, London or Paris" for his first trip abroad since the start of the war. The optics of Zelenskiy receiving a hero's welcome as a defender of democracy carries a message far deeper than military aid. In a Senate speech he described Zelenskiy as "a leader who is fighting for his life, fighting for his country's survival and fighting to preserve the very idea of democracy."

☆ 2008-level home-price declines are coming for some areas, one of Wall Street's top housing advisors now says
▼ + stars: | 2022-10-27 | by ( James Rodriguez | ) www.businessinsider.com time to read: +5 min

John Burns Real Estate Consulting expects price drops of 20% or more for certain housing markets. Higher mortgage rates have wrecked demand for homes, but the firm says prices are still too high. Devyn Bachman, the senior vice president of research for John Burns, told Insider she had begun to expect "GFC-like pricing declines in certain markets." A survey conducted by John Burns last month found roughly 18% of homebuilders were already reporting year-over-year net home-price declines. "It's going to be a challenging one to two years for anyone involved in housing," Bachman said.

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