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Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. There’s no doubt about it: Housing market softening across the Sunbelt—the epicenter of U.S. homebuilding—has caused homebuilders to lose pricing power over the past year. Amid the additional margin compression, some giant homebuilders are adjusting their strategies. Lennar is finally easing up a little on its market share, taking volume-over-margin strategy, while KB Home—a homebuilder ranked No. 526 on the Fortune 1000—said on December 18 that it plans to lean even harder into built-to-order (more on that below). At the end of last week, KB Hom…
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This time, the giant schnauzer went the full Monty. After coming close in the last two years, Monty the giant schnauzer won the top prize at the Westminster Kennel Club dog show Tuesday night, leaving handler and co-owner Katie Bernardin almost too emotional to speak. “He always tries so hard, and we’re just proud of him,” she told the crowd at Madison Square Garden. The spirited schnauzer bested six other finalists to become the first of his breed tapped as Westminster’s best in show, the most prestigious prize in the U.S. dog show world. The dog won the huge American Kennel Club championship in December, and he’d been a Westminster twice before. A standout because o…
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Whether scrambling for a last-minute gift, looking for something belated to send after the holidays, or just thinking ahead to the next birthday on your calendar, the checkout line’s gift card rack has probably crossed your mind. Coffee shops, streaming services, big box retailers. You’ve done this dance before. Grab one, stick it in a card, call it a day. It’s easy. It’s simple. It’s also, for a growing number of Americans, starting to feel stale. Nearly one in five U.S. adults now say they’d rather receive crypto than a gift card this holiday season. That’s according to a new survey from the National Cryptocurrency Association and PayPal, and it’s not a number many …
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The holidays are the perfect time to show people that you appreciate their time, their effort, and the value they bring. But when it comes to giving gifts at work, most people are confused about what to do. Should you, or shouldn’t you, buy your boss a present? What about your coworkers or direct reports? How much should you spend for the office gift exchange? What about your office bestie? We asked the experts to weigh in, and here’s what they had to say. Is it acceptable to give holiday gifts at work? “To gift someone in the workplace is always acceptable, Alyse Dermer, founder of Mr. Considerate, a luxury gift concierge service, tells Fast Company. “Gift…
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In October 2025, the beloved Minnesota Pizza chain Gina Maria’s Pizza abruptly closed its doors. The closure of all four of the nearly 50-year-old chain’s locations was a shock to its loyal fans—and since then, many have been left wondering exactly why the chain shuttered its doors. Now we know. What was Gina Maria’s Pizza? While not widely known outside of Minnesota, Gina Maria’s Pizza was a locally cherished pizza joint in the Minneapolis area. According to an Internet Archive capture of its now-defunct website, Gina Maria’s Pizza was founded in 1975, when it opened its first location in Minnetonka, Minnesota. The chain served a small collection of…
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The Girl Scouts have been sued by consumers over the alleged presence of “heavy metals” and pesticides in its popular Thin Mints and other cookies. A proposed class action lawsuit was filed on Monday night in federal court in the New York City borough of Brooklyn against the 113-year-old nonprofit and the cookies’ licensed producers, ABC Bakers and Ferrero USA’s Little Brownie Bakers. It cited a December 2024 study commissioned by GMO Science and Moms Across America that tested samples of 25 cookies from three U.S. states. The study said Girl Scout cookies contained at least four of five heavy metals – aluminum, arsenic, cadmium, lead and mercury – that can ha…
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In mountain ranges around the world, glaciers are melting as global temperatures rise. Europe’s Alps and Pyrenees lost 40% of their glacier volume from 2000 to 2023. These and other icy regions have provided freshwater for people living downstream for centuries—almost 2 billion people rely on glaciers today. But as glaciers melt faster, they also pose potentially lethal risks. Water from the melting ice often drains into depressions once occupied by the glacier, creating large lakes. Many of these expanding lakes are held in place by precarious ice dams or rock moraines deposited by the glacier over centuries. Too much water behind these dams or a landslide into t…
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Glen Powell has done it all on screen—from battling storms in Twisters to trading banter in the rom-com Anyone but You. But his latest role? It’s a little unexpected: reinventing the American pantry. The actor is stepping into the food world as a cofounder of Smash Kitchen, a new condiment brand hitting Walmart shelves nationwide on April 2. The line includes ketchup, mustard, mayo, and BBQ sauce—all made with better-for-you ingredients like organic tomatoes and mustard seeds, cage-free organic eggs, and none of the usual suspects like high-fructose corn syrup or artificial additives. The goal? To bring all your favorite condiments under one cleaner, tastier brand. …
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Glen Powell has proven that he can hold it down as the star of blockbuster movies, from Twisters to Hit Man. But on October 3, in his hometown of Austin, he was holding down the grill at the parking lot of his local Walmart. Powell’s grill work was pulling double duty as promotion for his new TV comedy, Chad Powers, and for Smash Kitchen, his clean food brand, which launched at Walmart in April. The brand debuted with a suite of condiments including ketchup, mustard, mayonnaise, and barbecue sauce that look and taste on par with heritage brands but are made with all-organic ingredients. Priced from $1.97 to $4.97, they’re just pennies more expensive than their legacy …
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Fear over credit quality in U.S. regional banks rippled through markets on Friday, dragging global financial stocks lower and reviving memories of the crisis of confidence that shook sentiment just over two years ago. The selloff hit Wall Street, with main equities indexes seeing a mixed open, as investors stayed on edge with banking sector worries adding to anxiety already heightened by escalating U.S.-China trade tensions and renewed worries about the global economic outlook. The banking sector’s exposure to two recent U.S. auto bankruptcies has rekindled concerns about lending standards more than two years after Silicon Valley Bank’s failure, when high interest…
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Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter explores inclusive approaches to leadership drawn from conversations with executives and entrepreneurs, and from the pages of Inc. and Fast Company. If you received this newsletter from a friend, you can sign up to get it yourself every Monday morning. Last week’s Modern CEO made the case that boards and recruiters should stop focusing on CEO candidates’ résumés and start evaluating their potential for agility. That said, one aspect of work history can serve as a good proxy for the ability to manage uncertainty and change: internationa…
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European and Asian shares mostly gained on Tuesday after U.S. stocks rallied on hopes the Federal Reserve will cut interest rates soon. The futures for the S&P 500 and the Dow Jones Industrial Average slipped 0.1%. Germany’s DAX edged 0.1% lower to 23,216.76 and the CAC 40 in Paris added 0.1% to 7,965.77. Britain’s FTSE 100 likewise gained 0.1%, to 9,542.55. In Asian trading, Tokyo’s Nikkei 225 picked up 0.1% to 48,659.52 as a plunge in technology giant SoftBank’s shares weighed on the market. It fell 10.3% on concerns that returns from its heavy investments in OpenAI may be threatened by the next generation Gemini artificial intelligence model that Google launched…
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Shares in Europe and Asia advanced on Wednesday after benchmarks on Wall Street surged on hopes the Federal Reserve will soon opt to cut interest rates. The future for the S&P 500 gained 0.3%, while that for the Dow Jones Industrial Average was up 0.2%. In early European trading, Germany’s DAX gained 0.2% to 23,500.98, while the CAC 40 in Paris also rose 0.2%, to 9,623.22. Britain’s FTSE 100 edged 0.1% higher. In Asia, Tokyo’s Nikkei 225 rose 1.9% to 49,559.07 in a broad rally that encompassed major exporters and technology shares. However, shares in Kioxia dropped 14.9% on reports that Bain Capital plans to sell $2.3 billion of the computer memory maker’s shares. …
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Global sustainability models are failing. They’ve been designed to showcase ethical trade and environmental responsibility, but they fundamentally misunderstand how global supply chains operate—especially the critical, unseen work at the beginning of essential value chains such as critical minerals. For decades, these models have burdened African merchants, miners, and farmers—the backbone of global industries from cocoa to lithium—while corporations further along the chain claim the benefits. The systems celebrate end products, like sleek electric vehicles (EVs) or iPhones, while ignoring the heavy lifting at the start of the work, where it’s most difficult. Th…
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Most of the markets are down today after President The President’s address to the nation last night failed to alleviate fears about America’s war with Iran dragging on. But one relatively small tech company is bucking the downward trend in premarket trading this morning: Globalstar. The satellite communications company is reportedly an acquisition target for Amazon, yet its relationship with Apple could complicate any potential deal. Here’s what you need to know. What’s happened? Shares in the relatively small satellite communications company Globalstar, Inc. (Nasdaq: GSAT) are rising today after a Financial Times report yesterday said the ecommerce giant A…
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Yesterday, astronauts Reid Wiseman, Victor Glover, Christina Koch, and Jeremy Hansen became the first humans in over 50 years to see the far side of the moon. Artemis II launched at 6:35 p.m. ET on Wednesday, April 1. The 10-day mission is a slingshot around the moon, paving the way for a moon landing with Artemis IV in 2027. (Artemis III, scheduled for 2026, will test out systems to land humans on the surface of the moon in orbit next year.) While there are satellites around the moon, and rovers and landers on the lunar surface, unaided human eyes have not seen the moon’s surface details since Apollo 17 in 1972. That changed on Monday, April 6. The …
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Soon you’ll have fewer opportunities to buy Glossier products from a physical storefront. The beauty brand is closing nine of its 12 stores over the next two and a half years as part of a new strategic overhaul. Only three stores will remain—the flagship locations in New York, Los Angeles, and London. This downsizing is being implemented by Colin Walsh, Glossier’s new chief executive, who joined the beauty company in October 2025. The announcement of this plan occurs after he has already laid off around one-third of Glossier’s total workforce and canceled previously planned product launches. Walsh is looking to restore the brand to its glory days, starti…
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Novo Nordisk, the Danish drug company that makes Ozempic and Wegovy, is now offering the drugs at lower prices for self-pay patients. On Monday, the company announced it would offer both medications, Ozempic (the weight loss version of the drug) and Wegovy (the version that addressed diabetes), at a discounted rate of $199 per month for a limited time. The introductory offer goes from now until March 31, 2026. The announcement noted that the pricing is only good for the first two months of treatment, and at the lowest doses of the medications. After the initial months of treatment, the payrate will move to the new monthly self-pay rate of $349 per month, down from $4…
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