Boomers Bought Up the Big Homes. Now They're Not Budging.
Many empty-nesters are staying put rather than downsizing, keeping housing inventory tight in a market where higher interest rates and steep prices are making homeownership less affordable for the average family. #press
Startup Head Count Shrank for the First Time in Years, Carta Says
Layoffs and job departures outstripped new hires in 2023 at startup companies, according to data from Carta’s platform. #press
New Zealand Food Price Inflation Lowest Since May 2021
New Zealand food prices in February rose at their lowest annual pace since May 2021, adding to evidence that inflation pressures continue to cool. #press
Australia Shares Shaping for Opening Rise
Australia’s S&P/ASX 200 looks set to rise at the open after U.S. stocks gained despite U.S. inflation coming in hotter than economists had expected. #press
I Live in Ohio---And Work in New York City
WSJ reporter Chip Cutter commutes from Columbus, Ohio, to New York City weekly for work. #press
https://www.wsj.com/articles/i-live-in-ohioand-work-in-new-york-city-13ce6f57?utm_source=press.coop
Can Wegovy and Ozempic Help America's Obesity Problem?
Students discuss being healthy and weight-loss drugs. #press
A Joint-Employer Legal Smackdown
Biden’s NLRB loses its attempt to redefine the term ‘employer’ to help Big Labor organize more companies. #press
Biden Shrinks the U.S. Military
The President’s Pentagon budget reveals the armed forces in a state of managed decline. #press
Robert Hur and the Hacks
The transcript of the special counsel’s interview with President Biden confirms the prosecutor’s account. #press
Hold the Inflation Champagne
Prices reaccelerate, giving the Federal Reserve no cause to ease policy. #press
Trump and Ukraine
Ignore the press. They don’t know what he’d do because they forget how politics works. #press
Activist Investor Land & Buildings Urges Office Owner to Liquidate
The hedge fund wants Equity Commonwealth to return cash to investors. #press
Online Harms Act: Crime and Punishment, Not in That Order
Canada considers legislation to allow house arrest for prospective offenses. #press
Firm Retention Summary: NanoString Technologies
This is a summary of a request from NanoString Technologies to hire Weil Gotshal & Manges as special patent counsel, filed Feb. 26 with the U.S. Bankruptcy Court in Delaware. #press
Mansour Abbas Is an Arab and a Proud Israeli
The Knesset member’s conciliatory attitude has earned him admirers—and enemies on both sides. #press
The SAT's Comeback Is Good News for Minority Students
Standardized admissions tests have proved especially good at predicting performance of black college applicants. #press
'Deeper Well' by Kacey Musgraves Review: A Quiet Conversation
The country singer-songwriter delivers a reflective new album that often feels too hushed and spare to leave an impression. #press
'Manhunt' Review: Pursuing John Wilkes Booth on Apple TV+
Tobias Menzies stars in a series about the effort to find President Abraham Lincoln’s assassin. #press
Special Counsel's Testimony on Biden Report Angers Both Sides
Robert Hur contends that partisan politics had no role in his assessment of President Biden as an elderly man with a poor memory. #press
U.S. Bank Regulators Weigh New Operational Resilience Requirements
Acting Comptroller of the Currency Michael Hsu said liquidity problems aren’t the only issues banks face. #press