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Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. In the past few years, the housing market has experienced a “lock-in effect,” in which many homeowners with lower monthly payments and mortgage rates (some even below 3%) are unwilling to sell and purchase another home with a significantly higher monthly payment and mortgage rate. Last year, researchers from the Federal Housing Finance Agency estimated that the lock-in effect had resulted in more than a million “lost” home sales. But what mortgage rate would it take for homeowners to consider moving? ResiClub aimed to find out with the ResiClub Housi…

Feeling burned out? It could be costing your company millions of dollars each year in lost productivity and employee turnover. A new study in the American Journal of Preventive Medicine estimates that employee burnout in the U.S. costs somewhere between $4,000 and $21,000 per worker per year. Do the numbers, and that adds up to about $5 million per year for a company with 1,000 employees. (Another way to look at it: Employee disengagement, or burnout, can cost 0.2 to 2.9 times the average cost of health insurance, and 3.3 to 17.1 times the cost of training per employee.) The research is based on a computational simulation model developed by the Public Health Infor…

Green tears were flowing when Lencia Kebede made history this week on Broadway, becoming the first Black actor to assume the role of Elphaba full time in the Broadway company of “Wicked.” “It’s hard to even pinpoint a single emotion because I feel that it changes like every five minutes,” she told The Associated Press, still buzzing a day after her debut. “I woke up and I still sort of felt in the world of Oz.” Kebede, a first-generation Ethiopian American from Los Angeles, spent five years touring with “Hamilton,” most recently in the role of Angelica Schuyler. Stepping into “Wicked” on Tuesday marked her Broadway debut. “Defying Gravity” Kebede had alread…

The Fast Company Impact Council is a private membership community of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. Members pay annual membership dues for access to peer learning and thought leadership opportunities, events and more. In most of the world, women are the majority of tourism’s workforce. Hotels, for example, employ a large number of local people, offering economic access and opportunity for communities and often underrepresented groups, particularly women. These jobs and incomes directly affect the communities where the properties are based. There are ripple effects on broader social issues suc…

I have spent my career watching companies make bold declarations about gender equality, only to see those promises fade when tested. Women are often spotlighted in recruitment campaigns but left behind in promotions, appointments, and development opportunities. Policies designed to level the playing field disappear without explanation, replaced with vague references to “merit,” “culture fit,” and the elusive “gravitas.” The 2025 U.N. International Women’s Day theme—For ALL women and girls: Rights. Equality. Empowerment—is urgent. However, progress in gender equity is not accelerating; it is stalling. In recent months, executive orders have gutted diversity program…

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. While homebuyers and home sellers still see headlines about the housing market being a seller’s market and national home prices reaching all-time highs, a deeper look reveals that several regional housing markets have shifted, giving homebuyers some power. During the pandemic housing boom, from summer 2020 to spring 2022, the number of active homes for sale in most housing markets plummeted as homebuyer demand quickly absorbed almost everything that came up for sale. Fast-forward to the current housing market, and the places where active inventory h…

We need to talk about AI. Have you noticed it often just isn’t—well, very intelligent? Already, we’ve lived through years of AI hype. We’ve watched companies pitch AI as a great tool for writing boring corporate emails. We’ve seen it shoehorned into all kinds of places it doesn’t belong. And it’s often just been bad. We’re all exhausted. So let’s cut through the fluff: The AI we’re about to go over is actually impressive. I’ve never felt that AI truly delivered—until now. I’m genuinely impressed—and I didn’t expect to be. If you’re intrigued, great! If you’re thinking, “We’ll see about that,” that’s also OK—don’t take my word for it. You truly need to try it y…

The 2001 Tilda Swinton film The Deep End features a scene that has stuck with me for nearly 25 years, even though I’ve forgotten almost everything else about the movie. Swinton’s character is being blackmailed for $50,000 and is given 24 hours to come up with the cash. Although her character is shown to live a comfortable, upper-middle-class life, she spends a stressful day on the phone trying to find the money—and she misses the deadline. As a budding money nerd, I wondered what I would do in her situation. I had some go-to sources of cash for smaller financial emergencies, but there was a limit to how much I could gather quickly. The thing is, everyone has a lim…

When international architecture firm Snøhetta found its New York City lease was coming up last year, a search kicked off for a new workspace. The firm, which had been located in Manhattan for 21 years, scoured neighborhoods near and far, such as the Brooklyn Navy Yards. But in the end, the choice was one many such firms had been making recently, according to partner and managing director Elaine Molinar. They wanted a building with character that was conducive to creative work, and found it within a 25,000 square feet space at 55 Washington Street in Brooklyn’s Dumbo neighborhood, where about 70 workers will move in later this year. “The space is on the ninth flo…

This week, Apple updated half of its iPad lineup. After updating the iPad Pro and iPad mini in 2024, the company has just unveiled a third-generation iPad Air and an eleventh-generation iPad. Many fans of Apple’s tablets have been eagerly awaiting these updates, especially since before this week, the company’s entry-level iPad had not had a refresh since October of 2022. But if you’ve been waiting until this week’s reveals, hoping for a clear picture of Apple’s iPad offerings in order to select the one best for your needs, well, I’ve got bad news: the iPad lineup remains as confusing as ever. Here’s why. Not all models support Apple Intelligence Apple make…

Microplastics—the tiny particles of plastic shed when litter breaks down—are everywhere, from the deep sea to Mount Everest, and many researchers worry that they could harm human health. I am a machine learning researcher. With a team of scientists, I have developed a tool to make identification of microplastics using their unique chemical fingerprint more reliable. We hope that this work will help us learn about the types of microplastics floating through the air in our study area, Michigan. Microplastics—a global problem The term plastic refers to a wide variety of artificially created polymers. Polyethylene, or PET, is used for making bottles; polypropylene,…

Pretty much everyone will sometimes struggle with anger at work. People fear the wrath of abusive supervisors, suppress anger to maintain a facade of professionalism, or vent anger toward coworkers who are, fairly or not, targets. Reactions to anger in the workplace can be strong, but they’re not always effective. As scholars who also fall prey to the pitfalls of anger ourselves, we are fascinated by anger. We have studied the causes, underlying processes, and consequences of anger from the perspectives of management, psychology, marketing, and negotiations. We recently reviewed more than 400 research articles across psychology, business, and related fields on top…

Julian Baggini is a philosopher with a long and deep interest in food and where it comes from. His books include internationally bestselling How the World Thinks; How to Think Like a Philosopher; The Virtues of the Table; and The Pig That Wants to be Eaten. He is the Academic Director of the Royal Institute of Philosophy and a member of the Food Ethics Council. He is a regular columnist for The Guardian, Prospect magazine, Financial Times, and The Wall Street Journal. What’s the big idea? Food is such a big topic that few really grasp the whole of it. Using his philosophical skillset, Julian sketches a picture of how all the elements of food consumption and product…

YouTube is taking steps to crack down on gambling content. On Tuesday, the platform announced a new policy that bans creators from directing viewers to “unapproved” gambling websites through links, images, text, logos, or verbal mentions. According to YouTube, “unapproved” is defined as any site that doesn’t meet local legal requirements or hasn’t undergone review by YouTube or parent company Google. The new rules, which go into effect on March 19th, also include a new age restriction. Online gambling content will no longer be viewable by users who are signed out or signed in under the age of 18. YouTube has made two exceptions to the rule: content focused on onl…

Love ’em or hate ’em, the cicadas are coming. 2025 will bring back Brood XIV, the largest of all 17-year periodical cicada broods. Cicada enthusiasts surely don’t mind the noisy creatures. But if you’re someone who finds the constant nighttime buzz bothersome and live in one of the following 13 states, maybe consider investing in a good pair of noise-canceling earbuds. Brood XIV are expected this spring in Georgia, Kentucky, Maryland, Massachusetts, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia, and West Virginia. Gene Kritsky, founder of Cicada Safari, a group that crowdsources and reviews data on cicadas, told US…