What's on Your Mind?

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Heading into the fall last year, the average 30-year fixed mortgage rate slipped to a low of 6.07% by September 17, 2024, as the market reacted to weaker-than-expected labor market data. At that point, there was a noticeable upswing in refinances as some 2022–2024 borrowers took the opportunity to get payment relief. However, it was short-lived and quickly fizzled out once labor market data tightened a bit and mortgage rates popped back up. Fast-forward to September 2025, and we’re once again seeing a mini “refi boomlet.” Similar to early las…

While dozens of companies have suddenly retreated from DEI efforts this year, leaders in inclusivity say there’s reason to be hopeful that this work is continuing—albeit more quietly than before. Even as companies like Target, IBM, and Goldman Sachs have ditched their diversity, equity, and inclusion programs, other leaders still firmly believe that diverse teams offer a competitive advantage. There has been progress in the past decade-plus, but it has looked like three steps forward and two steps back—which underscores that such work has never been more important, according to Jana Rich, founder of Rich Talent Group. “What you’re seeing, I think, are some re…

According to a recent study conducted by the global consulting firm, EY, 97% of respondents reported that it is important for companies to act with integrity. Many companies tout integrity as a core principle of their organizations in an attempt to reassure customers, employees, and the wider public that their organization “plays by the rules.” By some estimates, integrity is ranked as one of the most cited corporate core values, with over 80% of companies listing integrity as a core value. But simply including integrity on your list of core values and mounting that list on a plaque on a wall (as many companies do) won’t positively influence your culture unless your c…

I was one of the millions of people who lost someone to the COVID-19 pandemic. Despite the nonstop news about the “new normal,” my grief felt invisible. I took shallow solace in my phone and turned to social media to numb me from the reality that I now lived in: a world without my dad. One day, while mindlessly scrolling, I came across the r/Squishmallow subreddit, where a girl had posted her collection of more than 100 round plush toys. They were called Squishmallows—round stuffed animals invented in 2017 that have become one of the most popular toy lines in the world, with more than 100 million sold each year. I was hypnotized. I expected that my dive into the S…

For years, Mercedes-Benz has relied on touchscreens as the command center of its vehicles. Is it too hot? Tap the screen to set the AC temperature. Want to listen to the news? Tap. Defrost the rear window? Tap, tap, tap. While the automaker has retained some physical controls in its cars, its modern user experience is effectively built around the screen. But that’s about to change. Magnus Östberg, chief software officer for Mercedes-Benz, recently announced that the company would be centering future car design around physical controls instead of screens. “The data shows us physical buttons are better,” Östberg told Autocar at the Munich motor show. He says Mercede…

A federal judge on Thursday approved a $1.5 billion settlement between artificial intelligence company Anthropic and authors who allege nearly half a million books had been illegally pirated to train chatbots. U.S. District Judge William Alsup issued the preliminary approval in San Francisco federal court Thursday after the two sides worked to address his concerns about the settlement, which will pay authors and publishers about $3,000 for each of the books covered by the agreement. It does not apply to future works. “This is a fair settlement,” Alsup said, though he added that distributing it to all parties will be “complicated.” About 465,000 books are on the list of …

Comcast said on Monday it will appoint President Michael Cavanagh as co-CEO, adopting a dual chief executive model as the company prepares to spin off several NBCUniversal cable networks as part of a restructuring. Cavanagh will take up the new role in January and also join the company’s board, serving alongside Brian Roberts, who will continue as chairman and co-CEO. Several high-profile firms such as Oracle and Netflix have adopted a co-CEO model to better manage their operations as they become more complex and globally diversified. Comcast plans to spin off its NBCUniversal cable channels, including USA Network and CNBC, into a new company called Versant la…

Remember CDs? There’s a new company betting that, if you don’t already, you’re about to. Jewel is a Norwegian company specializing in manufacturing high-end display cases for CDs. The brand recently soft-launched online in Europe and is planning to expand to the U.S. in the coming months. It offers products that range from an $130 freestanding case that fits four CDs to a $300, 16-slot case designed to be mounted directly onto the wall. Launching a CD-based brand more than 20 years after CDs hit their peak feels like a counterintuitive prospect. After all, how many people even own a CD player these days? But Marius Brandl, Jewel’s founder, says the brand’s thesis …

We know that having friends at work is good for your performance and happiness. But could ChatGPT replace your happy hour bestie? According to a new study from KPMG that surveyed more than 1,000 professionals, almost all (99%) would be open to the idea of an AI chatbot assuming the role of close friend or trusted companion at work. That same study teases out a separate, also compelling thread: 45% of workers reported feelings of loneliness at work. That’s a huge jump, up nearly double from last year. On top of that, the survey found that friendship seems to be a big priority for most workers—even over money. More than half (57%) of those surveyed said they wo…

Shares of Beyond Meat slumped to a record low on Monday after the maker of plant-based meat launched an exchange offer for convertible bonds to cut more than $800 million in debt. The stock was last down 32.1% at $1.93, after falling as low as $1.23. The company last month posted a revenue drop and a wider-than-expected loss, citing weak U.S. consumer demand. It said it was still facing “an elevated level of uncertainty” and will not provide any full-year estimates. Consumer spending has been affected by economic uncertainty and consumer tastes have been shifting in the plant-based meat market. The company will exchange its $1.15 billion 0% convertible not…

The stat that women receive less than 2% of VC funding is often cited—but that figure tells only part of the story. Angel investors, non-dilutive grants, and other funding methods are shifting the landscape for women and other underrepresented founders—especially at a time when DEI initiatives are in peril. This panel explores how investors are closing the funding gap and what you should know to get the capital you need. View the full article

A decade ago, I spearheaded my organization’s strategic expansion into a new Eurasian market. Almost immediately, it became evident that our conventional playbook was inadequate. Success in this complex landscape required not just an understanding of business metrics, but a profound appreciation for cultural nuances and regional dynamics. We made a pivotal decision: We set aside our polished PowerPoint presentations and embraced a more human-centric approach. Instead of relying on formalities, we engaged in candid, face-to-face negotiations—often over a steaming cup of tea. This deliberate shift in strategy was about building genuine relationships, and it worked. …

Washington is bracing for what could be a prolonged federal shutdown after lawmakers deadlocked and missed the deadline for funding the government. Republicans supported a short-term measure to fund the government generally at current levels through November. 21, but Democrats blocked it, insisting the measure address their concerns on health care. They want to reverse the Medicaid cuts in President Donald The President’s mega-bill passed this summer and extend tax credits that make health insurance premiums more affordable for millions of people who purchase through the marketplaces established by the Affordable Care Act. Republicans called the Democratic proposal a no…

The U.S. government has shut down. Last night, Congress failed to pass a new funding bill that would have kept the federal government operating normally. However, at 12:01 a.m. today, the existing funding bill ceased to be in effect, and with no new one in place, large parts of the government are now shut down. Fast Company has previously explored how the government shutdown will affect everyone, from Social Security recipients to travelers to federal workers. But the shutdown will also no doubt have an effect on the markets. And not just the stock markets. The U.S. government shutdown appears to already be having an impact on cryptocurrency markets. Her…

If you’ve ever flipped over a Walmart snack or frozen pizza to check the ingredients list, the company’s about to make that label a whole lot cleaner. The retail giant just announced it’s giving its U.S. private food brands a major makeover, cutting out synthetic dyes and dozens of other additives you probably can’t pronounce. Altogether, the retailer is removing synthetic dyes and 30 ingredients from store brands including Bettergoods, Freshness Guaranteed, Great Value, and Marketside. Artificial sweeteners, certain preservatives, and fat substitutes are among the ingredients being phased out. The full list of every synthetic dye and ingredient being removed is …

Tesla has raised lease prices for all its vehicles in the U.S. after a $7,500 federal tax credit that helped boost electric vehicle sales expired, according to the company’s website on Wednesday. The change follows the end of tax incentives under sweeping legislation passed by Congress, which eliminated the $7,500 credit for new EV leases and purchases, as well as a $4,000 credit for used EVs, effective September 30. Tesla and its rivals had been passing these credits on to customers through competitive lease offers. The monthly lease of the electric vehicle manufacturer’s best-selling Model Y increased to a range between $529 and $599, from a range of $479 to…

Whenever there’s economic uncertainty, it’s easy to worry that your position is at risk. But what if the worst has happened: Your company has done a big layoff—and you and your team weren’t on the list? Of course, you and your direct reports may both fear that more cuts are on the horizon. And yet, there’s work to be done. How do you support your team, keep them productive and also find the opportunities in the middle of such a big disruption, especially when you may face the need to ‘do more with less’? We work with executive clients—Alisa Cohn as an executive coach and Dorie Clark as a keynote speaker and consultant—and have seen this increasingly as layoffs st…

Mita Mallick shares five key insights from her new book, The Devil Emails at Midnight: What Good Leaders Can Learn From Bad Bosses. Mallick is a corporate changemaker who, with an extensive career as a marketing and human resources executive, has advised Fortune 500 companies and startups alike. She is a LinkedIn Top Voice and was named to the 2025 Thinkers50 Radar list. She is a contributor to Harvard Business Review, Fast Company, Adweek, and Entrepreneur. What’s the big idea? The silver lining that comes from working for several bad bosses? You can learn what not to do as a leader. From every bad boss comes a valuable lesson about how to manage teams and con…

Whatever happens next at Starbucks will be studied for decades to come. The world’s largest coffee chain has faced six quarters of declining same-store sales. But for the last year, its new chairman and CEO, Brian Niccol—the surest bet in the restaurant industry—has been architecting a turnaround. Hot off turnarounds at Yum Brands with Pizza Hut and Taco Bell, which he followed up by modernizing burrito building at Chipotle, Niccol has proven himself to be both a master marketer and operations expert. Which is why, when he announced that his strategy for Starbucks was to revive the third place, even some of Niccol’s fans were skeptical he could pull it off. E…