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Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. After announcing another 25-basis-point cut to the Federal Reserve’s short-term rate, Fed Chair Jerome Powell—whose term ends on May 15, 2026—was asked about the U.S. housing market. Powell acknowledged that recent rate cuts won’t restore affordability to the U.S. housing market. He suggested that the country needs to build more housing units—and noted that central bankers “don’t really have the tools to address” it. Fed Chair Jerome Powell told reporters on December 10, 2025: “So the housing market faces some really significant challenges, …

Airbnb may finally pay the price of long-simmering tensions about overtourism in Spain. The Spanish government announced on Monday that it has fined the online rentals giant 64 million euros ($75 million) for advertising unlicensed rental listings in the country. This decision is the latest in several months of back-and-forths, as the government previously ordered Airbnb to remove more than 120,000 listings it identified as unlicensed. While Spain’s Consumer Affairs Ministry said the fine was a final decision and couldn’t be appealed, San Francisco-based Airbnb is reportedly planning to challenge it in court. The company didn’t immediately respond to a request fo…

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…

It’s official: 2025 was the year of slop. Merriam-Webster just announced in a post that its “human editors” have chosen “slop” as the 2025 Word of the Year. The dictionary’s official definition of the word is “digital content of low quality that is produced usually in quantity by means of artificial intelligence,” a far cry from its original meaning. When the term was first coined in the 1700s, slop meant “soft mud,” before slowly morphing into a synonym for “rubbish.” Today, it’s the perfect four-letter word for the state of the internet. “In 2025, amid all the talk about AI threats, slop set a tone that’s less fearful, more mocking,” the dictionary’s post re…

“There are boy aquariums all over the United States,” a TikTok creator explains in a recent post. The video then shows a clip of someone carrying a bucket filled with hockey pucks. “Come feed the fish at the boy aquarium with me,” the closed captions read. The person tosses the pucks onto the rink as players skate past. On TikTok, ice hockey arenas have been rebranded as “boy aquariums.” Videos show women tapping against the battered Plexiglas, filming the players warming up and encouraging others to go on a girls’ night to the rink. The players themselves are in on the joke. Earlier this year, the official TikTok of the Canadian junior ice hockey team Monc…

The value of cryptocurrency XRP continues to slide, dipping as low as $1.92 as of Monday morning. XRP—the native crypto token of the XRP Ledger, created by Ripple Labs—has seen its value hover around the $2 mark for roughly a month, and has been on a downward trend since late July, when values peaked at more than $3.50. Values remained elevated through most of the summer months, catalyzed by U.S. regulators dropping legal actions against Ripple Labs, which had stretched on for several years. Additionally and subsequently, XRP ETFs have hit exchanges, theoretically broadening XRP’s appeal and reach within the crypto space. That, it seems, should have increased demand …

As the rest of the world rushes to harness the power of artificial intelligence, militant groups also are experimenting with the technology, even if they aren’t sure exactly what to do with it. For extremist organizations, AI could be a powerful tool for recruiting new members, churning out realistic deepfake images and refining their cyberattacks, national security experts and spy agencies have warned. Someone posting on a pro-Islamic State group website last month urged other IS supporters to make AI part of their operations. “One of the best things about AI is how easy it is to use,” the user wrote in English. “Some intelligence agencies worry that AI will contribut…

Since the tragic news broke that director Rob Reiner and his wife, Michele Singer Reiner, have died, tributes have been pouring in. And amid the stories of kindness, compassion, and political action, one story stands out: How the couple’s chance first meeting altered the ending of the 1989 classic When Harry Met Sally—possibly the most beloved romantic comedy of all time. Had the couple not met during filming, the movie’s memorable New Year’s Eve ending might’ve not been a part of the film at all. During production of the iconic rom-com in New York City, photographer Michele Singer Reiner (then Michele Singer) stopped by the set. According to a 1989 New York…

A leading candidate to be President Donald The President’s choice for Federal Reserve chair said that he would present the president’s views to Fed officials for their consideration but they could reject them if they chose when making decisions on interest rates. Kevin Hassett, in an interview Sunday on CBS News’ “Face the Nation,” said he would continue to speak with The President if he becomes the Fed chair. But when asked if The President’s opinions on interest rates would have “equal weighting” with members of the Fed’s interest-rate setting committee, Hassett replied, “No, he would have no weight.” “His opinion matters if it’s good, if it’s based on data,” Hassett …

If you grew up pre-Y2K, chances are you’re familiar with the concept of a lava lamp. It’s much less likely that you’ve ever encountered a lamp made out of literal lava. That’s the basic description of a series of three lamps made by the luxury Italian lighting company Foscarini. The company’s new Alicudi, Filicudi, and Panarea lamps, designed by Italian father-and-son design team Alberto and Francesco Meda, are formed from actual lava rock sourced from Mount Vesuvius. To own a piece of Italy’s iconic volcano, you’ll have to fork over $866 for any one of the lamp models. The real lava lamp may be pricier than its ‘70s predecessor, but that’s thanks to the labor…

The Ah Louis Store in San Luis Obispo, California, turns into a winter wonderland every holiday season. Green garlands, giant nutcrackers, baubles and bows go up in early November on the historic downtown building that houses the gift shop. Inside, customers can choose from over 500 different types of ornaments and a variety of holiday gift baskets. “We really just make it a magical spot,” co-owner Emily Butler said. “Whether you come in or not, we want to make sure that we’re spreading that holiday joy.” But Butler says she and her twin sister-business partner had to work harder this year to turn browsers into buyers and to make a profit. Many of the decorations and s…

Rob Reiner, the son of a comedy giant who became one himself as one of the preeminent filmmakers of his generation with movies such as “The Princess Bride,” “When Harry Met Sally …” and “This Is Spinal Tap,” has died. He was 78. Reiner and his wife, Michele Singer, were found dead Sunday at their home in the Brentwood neighborhood of Los Angeles. A law enforcement official briefed on the investigation confirmed their identities but could not publicly discuss details of the investigation and spoke to The Associated Press on condition of anonymity. Authorities were investigating an “apparent homicide,” said Capt. Mike Bland with the Los Angeles Police Department. The Los …

Platforms from Amazon to YouTube—and, of course, the headline-dominating Spotify Wrapped—have spent much of December rolling out year-end recaps that show users how they engaged with the platforms’ services throughout 2025. Today, one of the last anticipated recaps of the year makes its debut: Snapchat Recap 2025. Here’s what you need to know. What is Snapchat Recap 2025? Snapchat Recap is Snapchat’s annual year-in-review feature for users of the Snapchat app. Users are able to see a special year-end Story that showcases how they spent their time Snapchating throughout 2025. Snapchat owner Snap Inc. says the 2025 recap features insights and highlights on …

Shares of iRobot Corporation (Nasdaq: IRBT), maker of the Roomba autonomous vacuum cleaner, are crashing today after the company announced that it will seek Chapter 11 bankruptcy protection. As of this writing, IRBT shares are down more than 78%—and the news is only expected to get worse for common shareholders. Consumers, on the other hand, may be wondering if their Roombas will stop working. Here’s what you need to know. What’s happened? On Sunday, iRobot Corporation said it has filed for bankruptcy. The Massachusetts-based company is seeking Chapter 11 protection in the District of Delaware. As part of the process, iRobot has entered into a Restructuri…

Public trust in the media and in data has been undercut by information overload, relentless social media cycles, and targeted influence campaigns. Whether driven by politics, social movements, or commercial interests, the credibility of what we see and hear is under threat. By thinking through the ways that we’ve lost our trust, we might find more ways to reverse the trend and bring people back together. Last month, Gallup released the latest results of a survey on trust in the media that began in 1972. It showed that current confidence in the mass media is at a new historic low. A majority trusting public in 1972 has now flipped to being a majority distrustful public…

For the first time in eight years, pay TV is rising. According to the latest Cord-Cutting Monitor report from analyst firm MoffettNathanson, the number of subscriptions to linear video packages actually rose during the third quarter of 2025. The estimates, which include subscriptions to virtual multichannel video programming distributors (vMVPDs) like YouTube TV, show that the pay-TV industry had 303,000 subscriber additions in the third quarter, marking the first quarterly gain since 2017. However, the research notes that the increase was “reasonably small” and seasonal given that it happened during the quarter when the NFL season began, meaning it could pote…

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. The authors of the most powerful memoirs, self-help books, and leadership bibles combine deep research and self-reflection—in the same way today’s executives need to blend data insights with emotional intelligence. As we look ahead to 2026, I asked eight authors of recent business and busin…

When you’re trying to snazz up your emails with a signature at the bottom, it’s all too easy to overthink it. Gmail’s signature tool offers extensive formatting options. (Want to sign off in Comic Sans? Go for it.) And typical signature-builder sites can get even more complex, with seemingly endless fonts, buttons, and shiny doodads to choose from. The truth is, you don’t need all that to sign your emails in a presentable way. Just an image and a handful of descriptive lines should do the trick, and this free tool will give you just that without tempting you to go overboard. This tip originally appeared in the free Cool Tools newsletter from The Intelligence. …

In 2021, two people you’ve probably never heard of—FaZe Rug and Adin Ross—faced off in a one-on-one basketball game at a Los Angeles gym. Winner gets $25,000. Sam Gilbert led a two-person team that streamed it live on YouTube from a single iPhone. The players weren’t professional athletes, and it was, Gilbert says, “a very below average basketball game.” Still, nearly 80,000 people tuned in live, most of them under 34 years old. “That was the biggest eye opener to me,” says Gilbert, director of content for Bleacher Report’s House of Highlights. “That’s when I knew there was something here.” Gilbert saw that something fundamental had shifted in sports consumption. …

Burnout and boredom are the two dreaded b-words of the modern workplace. We fear one, dismiss the other, and often fail to see how easily they trade places. Too often, boredom masquerades as burnout. To the untrained eye, exhaustion and disengagement can look identical. Boredom is typically a form of cognitive under-stimulation, while burnout is emotional and physical overextension. Both can leave people feeling unmotivated and fatigued. But here’s the twist: in cultures that tend to glamorize busyness, many employees feel safer saying they’re burned out than bored. Burnout signals you worked “too hard.” Bored, on the other hand, signals the opposite. Recent repor…

I was taught to use a so-called “feedback sandwich” to give constructive feedback: lead with a positive, share the negative, finish with a positive. The idea was . . . well, I don’t know what the idea was. I guess to soften the “room for improvement” blow? All I know is that the feedback sandwich rarely worked. Especially on me. Take the time a boss told me, “I really appreciate how you always come prepared to the supervisor meetings. But you sometimes run over people with all your facts, and figures, and productivity results. Even so, you’re a valuable member of the team.” The meat of the sandwich, the “you sometimes run over people with your facts and fi…

If you’re planning on buying a PC, laptop, or cell phone in the coming months, a word of advice for you before Christmas: Buy now, not later. Prices are likely set to spike in the new year—due to a shortage of memory chips. Memory and storage for DRAM and NAND, two major types of computer memory, have seen costs rise between 30 and 40%, year-on-year—in some cases, they’re even doubling. This impacts the bill of materials (BOMs), or the cost of individual items to make, PCs, and especially low-end smartphones, where margins are thin and the proportional cost increase is more severe. The sudden spike in memory prices is part of a decades-long pattern of semiconducto…

The conversation about AI in the workplace has been dominated by the simplistic narrative that machines will inevitably replace humans. But the organizations achieving real results with AI have moved past this framing entirely. They understand that the most valuable AI implementations are not about replacement but collaboration. The relationship between workers and AI systems is evolving through distinct stages, each with its own characteristics, opportunities, and risks. Understanding where your organization sits on this spectrum—and where it’s headed—is essential for capturing AI’s potential while avoiding its pitfalls. Stage 1: Tools and Automation This is w…

What can a pair of pants tell you about leadership? Much more than you think. How do you feel when you pull a pair of non-stretch jeans straight from the dryer? They’re stiff. Way too tight. The waistband digs into your belly. Now picture trying to work an eight-hour day in them. That discomfort—and sense of restriction—is exactly what it feels like to work for a micromanager. On the other end of your closet are those oversized sweatpants—they’re comfy, but there’s no shape (or direction) to them at all . . . kind of like a workplace where everyone might like the manager, but no one has any idea what’s actually expected or where they’re headed. Between those t…

Some studies show that the interview process can take up to six weeks. But there are ways that might help speed up the process and get those final hiring managers to land on you as the one they offer the job to. View the full article