Real estate

Best and Worst Spots in the U.S. Housing Market, According to Lennar

Best and Worst Spots in the U.S. Housing Market, According to Lennar

Jersey and Florida are hot. Austin and Seattle are not. On Tuesday, homebuilder Lennar Co-CEO Richard Beckwitt on an earnings call provided a tour of the US real estate markets. “So far in June, new orders, traffic, sales incentives and cancellations have worsened in many of our markets due to a rapid rise in mortgage …

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Nuclear Power Is Poised for a Comeback. The Problem Is Building the Reactors.

Nuclear Power Is Poised for a Comeback. The Problem Is Building the Reactors.

Western nations are betting big on nuclear power, decades after safety concerns caused it to fall out of favour, only they have lost their expertise in building reactors. Governments want carbon-free electricity from nuclear power to help tackle climate change and reduce dependence on Russian oil and gas. The United States, France and China are …

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More Companies Start to Rescind Job Offers

More Companies Start to Rescind Job Offers

Companies in several different industries are rescinding job offers they made just months ago, in a sign that the tightest job market in decades may be showing cracks. Companies including Twitter Inc.. real estate brokerage redfin corp. and cryptocurrency exchange Coinbase Global Inc.. have rescinded deals in recent weeks. Employers in other pockets of the …

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