Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. As federal policymakers push for restrictions on institutional ownership of single-family homes, many firms operating in the single-family rental (SFR) and build-to-rent (BTR) spaces are pulling back on future acquisitions and developing rental communities. One industry insider explained it this way to ResiClub: “The unknown is the hardest part. If you don’t know the rules of the game, what do you do?” To better understand how institutional groups are responding, ResiClub surveyed 14 institutional SFR owner/operators, developers, and investors between April 28 and…
Author: Staff Writer
UK Defence Secretary John Healey suddenly resigned because the government cannot find the money to fund military commitments. In his resignation letter, he openly accused Prime Minister Keir Starmer and the Treasury of refusing to commit the resources needed to defend the country at a time of rising geopolitical tensions. When a defence minister quits claiming the government cannot adequately fund national security, that is a warning sign far beyond politics. It is a signal that the financial reality has finally collided with political promises. Britain’s economic condition is far worse than many appreciate. Government debt has climbed above £3…
Imagine your inbox empty, your calendar clear, your to-dos checked. With undivided attention, you and your senior team head into the conference room, ready to address the big issues over a daylong meeting. Big issues like determining how you’ll respond to AI, setting your three-to-five-year strategy or nailing down how you’ll attract and develop future talent. Keep imagining. Because that day isn’t coming. The reality looks more like this: you’ve got 60 minutes to plan strategy, in a meeting that took six weeks to schedule. Right before it started, you learned about the crisis of the day. Tonight you have…
The Producer Price Index for May came in far hotter than expected, rising 1.1% for the month and 6.5% year-over-year, the largest annual increase since late 2022. What is important here is that nearly 80% of that increase came from goods, and energy was the driving force behind the move. Gasoline prices at the wholesale level surged more than 23% in a single month. Diesel fuel, jet fuel, natural gas, industrial chemicals, plastics, and transportation costs all moved sharply higher. This is exactly why I have repeatedly stated that energy is the lifeblood of the economy. Everything must be manufactured,…
U.S. President Donald Trump said Thursday he has called off new military strikes on Iran, hours after threatening to escalate the war by seizing control of the country’s oil industry. Trump said in a social media post that he made the move “based on the fact that discussions with the Islamic Republic of Iran have been brought to the highest level of Iranian leadership and approved.” The announcement came after two days of back-and-forth attacks between the U.S. and Iran had pushed the Middle East closer to the resumption of a full-scale war. Just hours after Trump posted on social media…
The Ocean Observatories Initiative (OOI), a network that provides access to real-time ocean data that is relied on by scientists, researchers, and students, is being restructured with major cuts eliminating most of the project’s ocean monitoring efforts. According to a recent statement from Jim Edson, Principal Investigator, NSF Ocean Observatories Initiative, the Trump administration’s recent slashing of the National Science Foundation (NSF) funds will nearly wipe out most of OOI’s areas of focus. Edson gave a timeline for bringing the network’s initiatives to a close through what he called the NSF’s “descoping plan.” The OOI leader said that in-water infrastructure…
The 2026 FIFA World Cup kicks off Thursday, June 11, to much fanfare, but one thing companies may not have considered is just how much it will cost them in lost productivity. And that number is staggering. An estimated 5 billion people globally (averaging over 128 million viewers a day) are likely to watch the games on-screen or in the stadium—and employees are already planning absences or “sick days” to attend watch parties, according to a new survey from UKG (Ultimate Kronos Group), a workforce management software company. The question is, are employers ready? The study of 8,000 employees—across the U.S., U.K.,…
“Innovation” is starting to become a buzzword. From keynote speeches to strategic plans, we hear the word thrown around so often that it now risks losing its meaning. If you were to ask 10 executives to define innovation, you’ll get 10 different answers, most of them vague and unhelpful. That vagueness isn’t an accident. Innovation is hard to do, and it’s easier to celebrate in retrospect than to execute in real time. In my experience, most conversations about innovation skip past the truths that actually determine which companies and leaders succeed. Let’s explore the top three secrets of innovation. 1.…
From Wall Street to Main Street, Elon Musk’s hotly anticipated initial public offering (IPO) for SpaceX tomorrow has hit a fever pitch with anyone and everyone, with headlines buzzing about it in superlatives: Blockbuster. Record-breaking. As the rocket company heads into the final countdown to its stock market debut on Friday, June 12 (here’s a clock from Yahoo Finance), here’s what to know. (There is no set time for trading to begin, but companies often wait a bit after the market opens.) What’s happening? SpaceX set its final IPO price at $135 a share, and will sell 555.5 million shares of its…
Anthropic on Tuesday launched Claude Fable 5, its most capable public model. But within two days, users began reporting that its safety system was blocking benign or legitimate prompts. Fable 5 is the first public model derived from Anthropic’s Mythos family, whose original iteration showed unusual skill during training at finding software bugs and exploiting them to disrupt or take control of systems. That raised enough concern inside Anthropic that the company grouped cybersecurity with other high-risk domains, including biology and chemistry, when setting limits on Mythos-derived public models. For Fable 5, that means prompts flagged as sensitive in those…