Author: josh
As corporate earnings soar and the U.S. GDP balloons, the American workforce isn’t feeling the same boom. American workers are taking home less of the country’s overall wealth, data from the Bureau of Labor Statistics show, and employment in the U.S. is set to continue to slow. Labor share, or the portion of the U.S.’s economic output that workers receive through salary and wages, decreased to 53.8% in the third quarter of 2025, its lowest level since the BLS started recording this data in 1947, according to its labor productivity and costs report published last week. In the previous quarter,…
In This Article I’m not going to sugarcoat this. Things have changed in the short-term rental world. The BiggerPockets Pulse survey just dropped, where we spoke to over 600 BP members about their investing strategies and thoughts about 2026. More than half the investors we spoke to now believe long-term rentals are the best strategy heading into 2026. Short-term rental sentiment? Notably lower. At the same time, the majority of investors still plan to grow their portfolios over the next 12 months. If you’re reading those tea leaves, it looks like people are tired. Rates are still elevated. Home prices…
Saving for retirement is pointless thanks to the impending “supersonic tsunami” of AI and robotics, which will bring about a world of zero scarcity, according to Elon Musk. While the Tesla and SpaceX CEO admitted he’s “more optimistic” than most, he insisted people shouldn’t stress over building a nest egg for the distant future, contrary to the staid advice of nearly all other financial professionals. “Don’t worry about squirreling money away for retirement in 10 or 20 years,” said the world’s richest man on the Moonshots with Peter Diamandis podcast last week. “It won’t matter.” Part of Musk’s controversial take…
In This Article BiggerPockets members have spoken. Their verdict: cautious optimism. In the brand new BiggerPockets Pulse survey, BP members were asked to fill out their expectations for 2026. Despite a year of sluggish frustration in many markets, those surveyed feel generally good about doing deals in 2026, with hopes for lower interest rates and affordability in stabilizing markets, signaling a gentle changing of the winds in favor of investors looking to build their portfolios. The Only Way Is Up Make no mistake, this is not the frenzied euphoria of 2020-2022, but more of a “the only way is up”…
Federal Reserve Chair Jerome Powell issued a rare warning in a video statement on Sunday that the Fed’s independence was under threat of political intimidation, as evidenced by grand jury subpoenas served to the bank on Friday by the DOJ under what Powell characterized as a false pretext.
Allegiant Travel Co. will acquire Sun Country Airlines Holdings Inc. in a cash-and-stock deal valued at $1.5 billion including Sun Country’s debt, the two carriers said in a joint statement on Sunday. Sun Country’s shareholders will receive 0.1557 shares of Allegiant common stock and $4.10 in cash per Sun Country share, the companies said. The offer represents a premium of 19.8% over Sun Country’s closing share price on Friday, according to the statement. The combined entity will provide more than 650 routes, including 18 international destinations in Mexico, Canada, the Caribbean and Central America, the companies said. “Together, our…
Stranger Things aren’t just happening on screen. They’re unfolding across social feeds, where audiences increasingly shape narratives in real time. From fandom-driven belief systems and breaking news cycles to platform shifts and AI-led discovery, participation is no longer passive. As control moves away from institutions and toward interpretation, clarity, restraint and trust have become the most valuable currencies online.
A rare copy of the comic book that introduced the world to Superman and also was once stolen from the home of actor Nicolas Cage has been sold for a record $15 million. The private deal for “Action Comics No. 1” was announced Friday. It eclipses the previous record price for a comic book, set last November when a copy of “Superman No. 1″ was at sold at auction for $9.12 million. The Action Comics sale was negotiated by Manhattan-based Metropolis Collectibles/Comic Connect, which said the comic book’s owner and the buyer wished to remain anonymous. The comic — which sold for…
Melinda French Gates has transformed her relatively young Pivotal Philanthropies Foundation into one of America’s largest private foundations almost overnight, in part due to her split with ex-husband Bill Gates. As part of the pair’s high-profile divorce announced in 2021, Gates agreed to make a $7.88 billion donation—one of the largest ever—to French Gates’ private foundation, according to a tax filing, as previously reported by the New York Times’ DealBook. Gates’ donation skyrocketed Pivotal Philanthropies Foundation’s assets by more than 1,000% to about $7.4 billion in 2024, according to a tax filing. That’s up from $604 million at the end…
Key takeaways Buying a home at auction may give you a lower price, but you could risk overpaying. Auctions are held online or in person, but you’ll need to show proof of funds in advance. Research the property in advance to identify red flags, such as liens or major repairs. The homebuying process involves a lot of steps; however, there are non-traditional ways you can buy a home. One of these options is buying a home at auction. Buying at auction can move faster than a traditional sale, but it also offers fewer protections for buyers. If you’ve never heard…