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Jonathan Lansner: Why do 31% of Americans want a housing crash?

Business / Business News /

If profit motives in the real estate industry could contribute to housing problems, can we acknowledge that personal finances also cloud individuals’ opinions on property matters?

Consider a survey conducted for LendingTree that found, among other things, that 31% of Americans want the housing market to crash.

Contemplate how these polling ...Read more

Dreamstime/Dreamstime/TNS

CFTC offers first guidance on manipulation in prediction markets

Business / Business News /

The Commodity Futures Trading Commission issued new guidance for prediction markets, asking exchanges to engage with regulators before opening certain markets that might be vulnerable to manipulation and insider trading.

The document released on Thursday offers one of the first official responses from federal regulators to several of the ...Read more

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Palantir's CEO is buyer of $46 million Miami mansion

Business / Business News /

Palantir Technologies Inc.’s chief executive Alex Karp bought a Miami mansion in June, seven months before the firm’s surprise announcement to move its headquarters to the city, according to a person familiar with the matter.

Public records show the property, located in Miami Beach on a man-made island, was purchased for $46 million by ...Read more

Breana Noble/The Detroit News/TNS

US Steel CEO recounts talk that won Trump's support for Nippon deal

Business / Business News /

DETROIT — When U.S. Steel's CEO entered the Oval Office in February 2025, one of the first things President Donald Trump told him was that his predecessor, Joe Biden, had copied him, as he was against Japan-based Nippon Steel Corp.'s acquisition to buy the Pittsburgh metal manufacturer first.

"So that's how the meeting started," David Burritt...Read more

Richard Tsong-Taatarii/Minnesota Star Tribune/TNS

National leader calls for end to Target boycott after diversity pullback

Business / Business News /

A key organizer is calling for an end to the yearlong national boycott of Target, after the retailer’s executives agreed to fulfill a previous diversity pledge.

The Rev. Jamal Bryant, one of the faith leaders who led the movement, made the announcement Wednesday, March 11, at a news conference at the National Press Club in Washington ...Read more

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Senate passes housing bill with Trump investor ban, setting up clash in House

Business / Business News /

The U.S. Senate on Thursday passed a bipartisan bill aimed at boosting the nation’s supply of homes on an 89-10 vote, setting up a showdown in the House over a contentious provision to limit Wall Street’s footprint in the housing market.

The bill bars investors with more than 350 houses from purchasing additional single-family homes — a ...Read more

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Anduril set to acquire California space surveillance company

Business / Business News /

Southern California defense tech darling Anduril Industries has struck a deal to buy Orange County space surveillance firm ExoAnalytic Solutions.

The purchase for an undisclosed sum is meant to boost Anduril's capabilities in space domain awareness, battle management and fire control.

With the deal, Anduril will absorb ExoAnalytic's network of...Read more

Real estate Q&A: Can builders put up mini-billboards in my residential neighborhood?

Business / Business News /

Q: They’ve been building the house at the end of my block for months, and the builder put out these giant signs like mini-billboards, and they look terrible. If we’re not allowed to have billboards in our residential neighborhood, how do they get away with this? — Alison

A: Construction projects can be a common sight in many neighborhoods...Read more

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Microsoft sides with AI startup Anthropic in legal fight with Pentagon

Business / Business News /

Microsoft is asking a federal court to block the Pentagon’s designation of Anthropic’s AI technology as a national security risk, tying the two companies together in a legal battle with the Trump administration.

In a legal filing Tuesday, Microsoft challenged Defense Secretary Pete Hegseth’s move last week to label Anthropic as a supply ...Read more

David Guralnick/The Detroit News/TNS

Carvana keeps buying new Chrysler dealerships. What's the plan?

Business / Business News /

An unusual buyer has quietly scooped up a half-dozen Chrysler Dodge Jeep Ram dealerships across the country over the past year: Carvana Co., the online used car sales giant.

Its most recent purchase of a CDJR store outside Boston closed last week. The other five locations — for which Carvana paid a combined $160 million — are in the Phoenix...Read more

Rivian/Rivian/TNS

Rivian announces pricing for midsize R2 SUV, set to roll off line in Spring

Business / Business News /

Two years after Rivian announced the midsize R2 SUV would be built at its Normal, Illinois, plant, the first versions of the potentially game-changing EV are packaged, priced and getting ready to roll off the line this spring, the company announced Thursday.

Starting prices range from $45,000 to $58,000 — substantially lower than its full-...Read more

Ronaldo BolaÒos/Los Angeles Times/TNS

Why hundreds of people in LA are strapping cameras on their bodies to do chores

Business / Business News /

The hottest new gig-economy job in Los Angeles is performing at home to help artificial intelligence understand how humans move.

Hundreds of people from Santa Monica to Los Feliz are strapping cameras on their heads and hands as they do chores at home so bots can watch how they make coffee, scrub toilets, water plants and wash dishes.

At a ...Read more

Ronaldo Bolanos/Los Angeles Times/TNS

What soaring gas prices mean for California's EV market

Business / Business News /

It has been a bumpy road for the electric vehicle market as declining federal support and plateauing public interest have eaten away at sales.

But EV sellers could soon receive a boost from an unexpected source: The war in Iran is pushing up gas prices.

As Americans look to save money at the pump, more will consider switching to an electric or...Read more

Brian Cahn/ZUMA Wire/TNS

Former Starbucks CEO Howard Schultz leaves Seattle for Miami

Business / Business News /

Former Starbucks CEO Howard Schultz, whose vision shaped the coffee giant’s growth into a global brand, has departed his longtime home of Seattle for sunny Miami.

Schultz, who served as CEO three separate times at the Seattle-based company, announced the tandem decision with his wife, Sheri, on LinkedIn on Tuesday evening.

“For those of ...Read more

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Panera debuts new energy refresher drinks, less caffeine than its 'charged lemonade'

Business / Business News /

Nearly two years after Panera Bread got rid of its “charged lemonade,” the cafe chain is introducing two new caffeinated energy refresher drinks.

In 2023, a pair of wrongful-death lawsuits were filed against Panera in relation to its caffeinated lemonade. Sarah Katz’s family claimed that Katz, a 21-year-old University of Pennsylvania ...Read more

Brad Horrigan/Hartford Courant/TNS

Aetna agreed to pay $117.7 million in Medicare Advantage false claims settlement

Business / Business News /

Aetna, the second-biggest Medicare Advantage company in the Philadelphia area, has agreed to pay $117.7 million to settle claims of false billing, the U.S. Attorney’s Office in Philadelphia announced Wednesday.

Government investigators found that Aetna added diagnosis codes to patient records to generate larger monthly payments for people in ...Read more

Tyger Williams/The Philadelphia Inquirer/TNS

Protesters target Citizens Bank for funding US ICE detention contractors CoreCivic, Geo Group

Business / Business News /

PHILADELPHIA — Citizens Bank, based in Providence, Rhode Island, has built one of the largest U.S. commercial-banking networks by courting middle-sized U.S. companies, leaving the biggest corporations and their foreign-trade complications to the larger New York banks.

But Citizens also has found success financing two profitable, U.S.-focused ...Read more

Dreamstime/Dreamstime/TNS

Iran-linked group claims responsibility for Stryker cyberattack

Business / Business News /

An Iranian-linked group claimed responsibility Wednesday for a cyberattack against Michigan-based medical giant Stryker Corp., an incident that cybersecurity experts said could be one of unprecedented in size and scope.

A global outage afflicted the company in the early hours of Wednesday, with employees and contractors saying that the logo of ...Read more

Nick Wagner/The Seattle Times/TNS

US budget deficit narrows at slower pace after tariff rate decrease

Business / Business News /

The budget deficit narrowed in February at a slower pace than the previous month as U.S. tariff revenue started to slow from the peak rate hit late last year.

For the five months through February, the government had a deficit of $1 trillion, down $148 billion from the same period the year before, after accounting for calendar-year differences, ...Read more

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Yamaha is leaving California after nearly 50 years

Business / Business News /

Yamaha Motor Corp. is relocating part of its operations to Georgia and selling its California assets after 47 years.

The company is the latest among a slew of businesses to relocate operations outside the Golden State to cut costs and improve profitability. Many cite high taxes and strict regulations as obstacles to doing business in the state....Read more