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Posts published in “Business”

How Elevated Mortgage Rates Are Affecting Housing Starts

New-home construction dropped by 11.3% in August, falling short of expectations as builders shifted their focus from new starts to project completions due to elevated mortgage rates surpassing 7%. The annual pace of housing starts fell to 1.28 million, with single-family home construction posting a 4.3% decline and apartment construction plummeting by 26.3%, according to

Is ‘Starfield’ Going To Have Skyrim’s Lifespan? Right Now, It Seems Unlikely

There is a very, very wide range of opinions on Starfield, Bethesda’s new mega-release and the reason Elder Scrolls VI will arrive probably 15 years after Skyrim, at minimum. But a reason for that is also Skyrim itself, the massively successful open world game that has been released and re-released and modded to hell and

Amazon And Target Hiring Combined 350,000 Employees For The Holidays

Updated Sep 19, 2023, 01:40pm EDT Topline Amazon and Target will add on a combined 350,000 employees for the upcoming holiday shopping season, according to announcements by both companies on Tuesday, while Amazon said it will invest more than $1 billion to increase average hourly wages. Key Facts Amazon will hire 250,000 people for full-time

Microsoft Board Supported Buying Nintendo Or Valve In 2020, Internal Emails Show

This post was updated with new information at 1:15 p.m. after publication at 9 a.m. New, accidentally released documents in the FTC v. Microsoft case reveal that Microsoft was pursuing an acquisition that would have been even more ambitious than the company’s current $69 billion purchase of Activision Blizzard, expressing a desire to buy Nintendo.