Author: Jeffery Carter

New apartment construction hit a record high last year, but all that new supply is apparently not enough to cool the competition in the market. Getting a rental is actually becoming even more difficult, according to a new report from RentCafe, an apartment search site.Last year, developers completed close to 600,000 multifamily units, according to the U.S. Census. That is the highest level since 1974 and a 34% increase from 2023. New York City, Dallas and Austin, Texas, led in the number of new rentals.Despite that, on a national level, rental competitiveness rose at the start of this year, according…

European Union, and Ukrainian flags fly in front of the Berlaymont, the EU Commission headquarters, for the 3rd anniversary of the large scale invasion of Ukraine by Russia on Feb. 24, 2025 in Brussels, Belgium.Thierry Monasse | Getty Images News | Getty ImagesPresident Donald Trump’s return to the White House has completely shifted America’s stance on support for Ukraine, prompting European nations to consider new options to bolster military support for Kyiv.Last month, the U.S. president blamed Ukraine for starting the war, called Ukrainian President Volodymyr Zelenskyy a dictator — even as Ukraine has been prevented from holding elections during…

New Zealand beat South Africa by 50 runs in Lahore to qualify for Sunday’s cricket final against India in Dubai.New Zealand beat South Africa by 50 runs in the second semifinal of the Champions Trophy to secure their place in Sunday’s final against India. Electing to bat on Wednesday, New Zealand racked up a tournament record 362-6, riding scintillating hundreds by Rachin Ravindra and Kane Williamson at the Gaddafi Stadium. David Miller smashed an unbeaten 100 off 67 balls, which was brought up off the final ball of the match, while Rassie van der Dussen and Temba Bavuma struck half-centuries…

Omar Marques | Lightrocket | Getty ImagesThere’s a new ETF in town. SPDR SSGA Apollo IG Public & Private Credit ETF (PRIV) will trade Thursday at the NYSE. This fund intends to invest at least 80% of its net assets in investment grade debt securities, including a combination of public credit and private credit. What’s surprising is that there is a significant component of private credit in the ETF wrapper. Because private credit is illiquid, it has been a problem getting this in an ETF wrapper, since ETFs need liquidity. They are trying to solve this problem by having Apollo provide credit assets and…

Department of Housing and Urban DevelopmentSource: Department of Housing and Urban DevelopmentTens of thousands of federal workers have lost their jobs in recent weeks as the Trump administration attempts to slash government spending.Employees at the Federal Housing Administration could be one of the next targets, according to Antonio Gaines, president of the American Federation of Government Employees National Council 222, a labor union that represents the largest number of employees at the Department of Housing and Urban Development.It’s unclear how many and what type of workers are at risk of losing their jobs within the FHA, an agency under HUD.”It…

Law enforcement officers make about 1 million arrests each year for people who drink and drive, according to the Centers for Disease Control and Prevention (CDC). That’s a small percentage of the 18.5 million people who actually admit to driving when they’ve had too much alcohol. The people who are caught are often charged with something like a DUI or DWI. What the charge is named usually depends on where the crime happened since the acronyms have very similar meanings and are sometimes even interchangeable. Learn more: How does car insurance work? The basics explained. DUI and DWI are two…

As they gain in popularity, AI coding assistants such as GitHub Copilot may appear to be boosting productivity. But in reality, they could be causing overall code quality to decline. That’s the top-line finding from a new report released by software engineering platform GitClear, which analyzed 211 million code lines from 2020 to 2024. According to GitClear’s analysis, there was a remarkable decline in code reuse last year — a potential cause for concern, given that code reuse is a common practice to help build redundant systems. Several recent surveys have shown that AI coding assistants tend to produce mixed…

In an aerial view, brand new Subaru cars sit in a storage lot at Auto Warehouse Co. on March 4, 2025 in Richmond, California.Justin Sullivan | Getty ImagesThe White House on Wednesday announced a one-month North American tariff exemption for automakers after President Donald Trump spoke a day earlier with heads of General Motors, Ford Motor and Stellantis.Automakers have urged Trump to waive 25% tariffs on Mexico and Canada on vehicles that comply with the United States-Mexico-Canada Agreement’s trade rules of origin.”Reciprocal tariffs will still go into effect on April 2, but at the request of the companies associated with…

Barcelona struggle to narrow win despite teenage defender Pau Cubarsi being sent off midway through first half.Raphinha scored the only goal of the game to give Barcelona a 1-0 Champions League last-16 first-leg win at Benfica, despite the Catalan giants playing most the game with 10 men. Eighteen-year-old defender Pau Cubarsi was sent off midway through the first half of the tight clash in Lisbon on Wednesday with the score goalless. Raphinha drilled home after 61 minutes to give five-time winners Barcelona a slim advantage on Bruno Lage’s side ahead of the second leg next Tuesday. Barcelona have not won…

Check out the companies making headlines after the bell : Ross Stores — The off-price retailer inched higher by about 1%. Fourth-quarter earnings surpassed estimates, coming in at $1.79 per share, versus analysts’ call for $1.66 per share, per LSEG. However, Ross sees first-quarter same-store sales ranging from down 3% to flat versus a 3% gain last year. Analysts polled by StreetAccount called for a 2.4% gain. Box — Shares plunged nearly 8% after the cloud company guided for first-quarter revenue of between $274 million and $275 million, while analysts polled by LSEG had expected $279.5 million. However, Box’s fourth-quarter…