The market for rental apartment buildings is tumbling at its fastest-rate since 2009 in the wake of the Great Financial Crisis. The Washington Post obtained data from research firm CoStar Group that show a 74 percent year-over-year drop in sales in the first quarter of 2023. The report found that the decline is partly the result of higher interest rates pushing up financing costs for investors. The recent banking crisis has also been a damper on the market.
A historic wave of IPOs is about to hit Wall Street. For the average investor watching from the sidelines, the frenzy can engender fears of missing out.
Applied Aerospace & Defense CEO Trip Ferguson discusses the company's IPO, defense spending, space innovation, and the future of U.S. aerospace manufacturing.
David Fahrenthold, investigative reporter for The New York Times, examines rising costs, contracts, and transparency concerns in Trump's D.C. projects.
