Charlie Munger, vice chairman of Berkshire Hathaway, told the Financial Times that the U.S. commercial property market is in trouble. “It’s not nearly as bad as it was in 2008,” he said. “But trouble happens to banking just like trouble happens everywhere else.”
Sports betting has spread rapidly across U.S. states in the past five years. But the odds for further expansion may be fading as state legislatures prepare to return to work in 2024.
