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Brian Niccol’s nascent Starbucks turnaround starts with treating workers better
Also: All the news and watercooler chat from Fortune.
Office demand rebounds to highest level since Covid pandemic began
In the first quarter of this year, new in-person and virtual office tours reached their highest level since the pandemic began, per the VTS Office Demand Index.
Mortgage rates surge to nearly four-week high as Iran headlines impact markets
Negative headlines on the Iran war pushed bond yields higher, and mortgage rates followed.
Here's why surging oil prices may not derail the consumer trade
Wall Street is already looking beyond Big Tech quarterly results.
Fed holds interest rates steady: Here's what that means for credit cards, mortgages, car loans and savings rates
From mortgage rates to auto loans and credit cards, here’s a look at how the Fed's April interest rate decision may affect your wallet.
Mortgage rates are rising again, but homebuyers are trickling back
Mortgage rates rose last week after several weeks of declines. That took a toll on refinance demand, but homebuyers seem more resilient.
This bank CEO let his AI clone handle an earnings call — now he's signing an OpenAI deal
It's part of Customers Bank CEO Sam Sidhu's effort to get ahead in the industry's race to transform itself using AI agents as a new digital workforce
Fed is likely to hold rates steady — here's how that impacts consumer costs
The Federal Reserve's April meeting, potentially Jerome Powell's last as chair, may impact many consumer borrowing and savings rates.
Mortgage rates sink again, and homebuyers jump back in
Mortgage demand continues to rebound as rates move slightly lower.
Sen. Warren rips Federal Reserve chair pick Kevin Warsh: 'You have learned nothing from your failures'
Kevin Warsh's nomination as chair of the Federal Reserve has been in limbo because of a criminal investigation of Chair Jerome Powell.
Analysis: What might trip up Kevin Warsh and his agenda as Fed chair
Kevin Warsh would enter the Fed as its chair with an agenda to enact that goes beyond cutting interest rates.
35% of Gen Z homebuyers are single women, research shows. Here’s why they need an estate plan
Despite purchasing what might now be their biggest asset, women are less likely than men to have any estate planning documents in place.
Mortgage applications rise as rates fall to one-month low
Mortgage rates fell to the lowest level in a month, boosting refinance activity and offsetting weak demand from homebuyers.
The U.S. housing markets where million-dollar listings are standard
Nearly all of active listings in Nantucket, Massachusetts, cost at least $1 million.
Homebuyer mortgage demand drops annually for the first time in over a year, as war fuels uncertainty
Weakening consumer sentiment in the overall economy is weighing heavily on mortgage demand from both homeowners and homebuyers.
Weekly mortgage refinance demand is down more than 40% in the past month
Mortgage demand from both homeowners and potential homebuyers is dropping due to higher mortgage rates and concern over the war with Iran.
Opendoor acquires Doma's closing and escrow business in bid to lower mortgage refinance costs
Doma's technology has been used in a Fannie Mae pilot program designed to reduce title insurance costs on eligible refinance transactions.
Meta boosts investment in West Texas AI data center by over sixfold to $10 billion
Meta is increasing investment at a data center in El Paso, Texas, to $10 billion from $1.5 billion, as the company ramps up spending on AI infrastructure.
Single women see homeownership as 'a wealth-building tool,' economist says, but buying remains a challenge
For years, single men who were first-time homebuyers had higher annual income than their female counterparts, according to the National Association of Realtors.
How the Iran war could crush the U.S. housing recovery, and it's not just about mortgage rates
A combination of higher mortgage rates and economic uncertainty are reversing what was expected to be a recovery year in the housing market.
Mortgage demand drops more than 10% as rates hit the highest level since October
Mortgage demand continued to tumble last week, as mortgage rates surged higher and affordability weakened further.
Britain responds to Iran war energy shock by requiring solar panels and heat pumps in all new homes
The move comes as part of Britain's response to the Iran war, with the conflict triggering the largest supply disruption in the history of the oil market.
Swalwell drops lawsuit against FHFA's Pulte as California governor race heats up
Eric Swalwell drops suit alleging FHFA's Pulte used private information to hurt President Donald Trump’s critics, leaking details about Swalwell's family home.
The spring housing market is on, but mortgage rates just shot higher. Here's what to know.
This spring's housing market is on, but economic headwinds are pushing back most of the advantage that buyers have gained over the past year in affordability.
January new home sales plunge to the lowest pace since 2022
New home sales fell to the lowest level in four years, despite lower interest rates and builder incentives.
Fed holds interest rates steady — here’s what that means for consumers
From mortgage rates to auto loans and credit cards, here’s a look at how the Fed's March interest rate decision may affect your finances.
Mortgage refinance demand plunges 19% after interest rates shoot higher
Mortgage rates shot higher last week, as the war with Iran stoked fears over inflation. That caused a major drop in refinance demand, but buyer demand improved.