Author: josh
The only phone notifications Jamie Dimon gets are from his kids—everyone else should call the office | Fortune
Everyone—from the White House to Fortune 500 CEOs—wants to get hold of Jamie Dimon. But the JPMorgan Chase CEO is clear: If he’s in meetings or out for appointments he won’t be checking his phone for emails or texts. There are a handful of exceptions to that rule, in the form of Dimon’s immediate family, who are the only people for whom he will have notifications turned on. Speaking to CNN in an interview released last night, the billionaire banker confirmed that during his workday, he rarely carries his mobile phone with him. “I don’t have it in front of…
Insurance Premiums Up Big Across the Country—What’s Driving the Insurance Crisis?
In This Article This article is presented by Steadily. If you opened your insurance renewal notice lately and had to read the number twice, you’re not alone. Landlord insurance premiums jumped nearly 8% in the first quarter of 2025 alone. You read that right; that’s not annual growth spread across 12 months; that’s just one quarter. For real estate investors already navigating tight margins, rising mortgage rates, and competitive rental markets, insurance costs are becoming the silent profit killer. A property that penciled out beautifully two years ago might barely break even today, and insurance is a huge part of…
A New Power Dynamic Has Taken Hold in Real Estate
In This Article Employment is down, and rental demand is up. That’s the narrative sweeping the country, and landlords are learning how to make lemonade from the lemons of low housing affordability. As home sales collapse and inventory expands, a slow buyer’s market has turned into a hot rental one. Although an abundance of available rentals in the U.S. is “tipping [the market] in favor of tenants,” according to CREDaily, astute landlords can leverage demand in their favor. Advantage: Renters A surge in new apartments and slower rent growth (national average rents dropped 0.3% in September—the sharpest decline for that…
‘Big Short’ investor Michael Burry has a $1.1 billion bet against AI stocks and markets are plunging | Fortune
Nasdaq 100 futures were pointing downward again this morning after the index lost 2% yesterday in a massive, global selloff of tech stocks that shows no sign of letting up. The selling continued this morning in Asia and Europe. The STOXX Europe 600 was down 0.46% in early trading. Japan’s Nikkei 225 was down 2.5%. And South Korea’s KOSPI was down 2.85%. Bitcoin dipped below $100K but then rallied a little to $101K. Yesterday, the Nasdaq Composite was down 2.04%, Palantir lost nearly 8%, Reddit lost 8.4%, Nvidia was down 4%, and Softbank lost 10% at one point. The markets…
From Vegas to venture capital: Navigating the uncertain path of the proptech founder
Proptech founders have an uncertain path to profitability and worse, there is no definitive course to get them there. Inman columnist Craig C. Rowe interviewed entrepreneurs at different stages of company growth to better understand how they manage scaling a business, the pursuit of funding and their own personal lives.
Why Mortgage Rates are Rising as the Fed Keeps Cutting
Dave:Mortgage rates recently hit their lowest point in a year. Things were trending in a good direction and then the fed cart rates and mortgage rates actually just went up. It may seem confusing, but if you look at the economic data, what’s happening does make sense. And on today’s episode, I’m going to explain what is going on at the Fed, why mortgage rates have reacted the way they have, and share what I think we can all expect going forward. Hey everyone. Welcome to On the Market. I’m Dave Meyer. Thank you all so much for being here…
Starbucks sells 60% of China unit to Boyu at $4 billion value | Fortune
Starbucks Corp. agreed to sell a majority stake in its China business to private equity firm Boyu Capital at a $4 billion enterprise value in a bid to improve the coffee chain’s flagging fortunes in the country. Boyu Capital will hold up to a 60% interest in Starbucks’ retail operations in China through a new joint venture with the coffee seller, the companies said in a statement. Starbucks will hold the remaining 40% and continue to license the brand and intellectual property to the joint venture. The agreement marks the end of a search for a partner to help chart…
How Investors Are Using Fixed Notes to Hedge Against Vacancy Risk
In This Article This article is presented by Connect Invest. Real estate investing is a great way to get passive income. But what happens when your passive investment requires active attention: your tenant ghosts, your short-term rental occupancy dips, or your rehabilitation takes three months longer than expected? Unfortunately, vacancy risk is something to consider when it comes to real estate investing. According to U.S. census data, vacancy rates for rental housing stood at 7% for the second quarter of 2025, while rental data from Zillow shows the average rental price is on the decline. And while short-term rentals might…
Loans for Flipping Houses: How to Finance a Fix-and-Flip Project
If you’re planning to flip a house – buy a property, renovate it, and sell it for a profit – understanding your financing options is essential. In this Redfin article, we’ll break down the most common types of loans for flipping houses, how to qualify, and what to watch out for when borrowing. Whether you’re renovating a home in Detroit, MI, or transforming a fixer-upper in San Antonio, TX, this article covers the key costs, loan types, and strategies to help you flip successfully. Why financing for house flipping is different Flipping houses is not the same as buying a…
Can You Buy a Foreclosure With a VA Loan?
Buying a home with a VA loan can be one of the most affordable paths to homeownership for eligible service members, veterans, and surviving spouses. But what if you’re eyeing a foreclosed property? Can you use your VA benefits for that? In this Redfin article, we’ll break down everything you need to know about using a VA loan to buy a foreclosure, including how it works, what to watch for, and key steps to make the process smoother. Whether you’re purchasing a house in San Antonio, TX, or exploring a home in Norfolk, VA, understanding how VA financing applies to…