Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Greg Abel—who became president and CEO of Berkshire Hathaway on January 1, 2026, succeeding Warren Buffett, who remains chairman of the board—made one of his first major splashes Sunday: announcing an agreement to acquire America’s No. 6 largest homebuilder Taylor Morrison for $8.5 billion in an all-cash deal. The offer values Taylor Morrison at $72.50 per share, a 24% premium to the company’s closing price of $58.50 on May 29, 2026. The transaction implies an equity value of approximately $6.8 billion and a…
Author: Staff Writer
Everyone can build software now. The tools are extraordinary and getting better every quarter. A team of three people with the right AI tooling can ship in weeks what used to take a team of 30 a year to deliver. This is real, and it is happening across every industry I work in, from retail to healthcare to financial services. The gap between the best digital products and the worst is getting wider. The barriers to building have collapsed, and the standard for what people will actually use and stay loyal to has gone up. When there are 20,000 versions…
The Trump administration is pushing to unleash the power of artificial intelligence for the U.S. military while facing calls to put up guardrails around the rapidly developing technology from some companies — and even notes of caution from top leaders in uniform.Adm. Frank Bradley, head of U.S. Special Operations Command, told attendees of a recent annual special forces conference in Tampa, Florida, that troops “have to be very careful about how we come to (AI’s) employment and its inspiration into the delivery of lethality.”Bradley said he can see a future where AI determines what targets to hit but that “we,…
Enterprise AI promised executives something close to operational certainty: fewer outages, less human error, and systems capable of catching problems before customers ever noticed. But a new report from the software company Splunk on AI-related downtime suggests those promises are colliding with a messier reality. For businesses, downtime—unexpected interruptions to the software systems and applications that keep operations running—can trigger everything from lost sales to frozen logistics networks and customer backlash. For years, companies treated the problem as fundamentally solvable: Automate enough of the right processes, and human error could largely be engineered out. Acting on that logic, companies spent…
Kevin Morby arrived in Austin in mid-March to participate in a music showcase as part of South by Southwest, the city’s annual cacophony of industry obligations and branded “activations.” The Kansas City-based indie musician was due to perform a six-song solo set promoting his forthcoming album, Little Wide Open. Shortly after South by Southwest, Morby would embark on a months-long international tour in support of the record. He had every reason to make the Austin trip a quick one. But Morby lingered for one more day, heading about a half hour southeast of the city, past ranchland and new housing…
Imagine you’re a manager in a meeting where the SVP shares bad news: The company is laying off 8,000 employees over the next two months. Your team will be affected. That’s all they can tell you. They’ll be back with an update in a few weeks. The room shifts. People tense up, fidget, ask hostile questions, tear up, go quiet. Everything feels volatile. You know there are a lot of difficult conversations ahead, and morale will suck. But you’re okay. You notice your breath is tight and your stomach is jumpy, and you recognize that as stress—which makes sense here.…
Below, Oliver Sweet shares five key insights from his new book, The Rules That Make Us: How Culture Shapes the Way We Act, Think, Believe, and Buy. Oliver is a business anthropologist and head of ethnography at Ipsos, one of the largest research agencies in the world. There, he looks at cultures all around the world and advises companies and governments on how they can become more culturally relevant. What’s the big idea? Culture is our shared way of living. We interact with one another based on cultural rules. If we want to understand ourselves better, we need to understand the…
China is now reportedly requiring leading AI experts at private firms to obtain government approval before traveling internationally. Beijing fears that top researchers could leak sensitive information, defect, or become targets for foreign intelligence agencies as the AI race intensifies. This policy is now expanding beyond government-linked entities directly into the private sector itself. That tells you everything about how seriously Beijing views artificial intelligence strategically. People still think AI is just about chatbots, search engines, or replacing office jobs. Nonsense. AI is becoming military infrastructure, financial infrastructure, surveillance infrastructure, cyberwarfare infrastructure, and economic infrastructure simultaneously. Whoever dominates AI gains…
When people talk about the “enshittification” trend—in which companies make their free offerings so awful that you’re almost forced to pay for the premium versions—Google-owned YouTube is often cited as its poster child. Ads. Ads galore. So many ads. Un-skippable ads. Yes, YouTube has every right to make money. But my God—the ads. There are so many ads. For years, the only official way out of this hellscape was coughing up for YouTube Premium. But Google has been widening the rollout of a cheaper sibling: YouTube Premium Lite. At first glance, the pitch is simple: Pay less money, get fewer…
Statistics Canada reported that Canadian GDP contracted by 0.1% in the first quarter of 2026 after a revised 1.0% contraction in the fourth quarter of 2025. That marks two consecutive quarters of decline and places Canada in what economists call a technical recession. More importantly, the economy performed dramatically worse than forecasts that had expected growth of roughly 1.5%. The numbers beneath the surface are even more troubling. Business capital investment fell 0.7% during the quarter. That was not an isolated event. It was the fifth consecutive quarterly decline. When businesses stop investing, they stop hiring. When hiring slows, wage…