How the CDFI Fund Unlocks Capital that Drives Local Economic Development
In rural Vermont, investment dollars are helping to fund a mixed-use development with community facilities and restaurants that provide local jobs. Across the c...
In rural Vermont, investment dollars are helping to fund a mixed-use development with community facilities and restaurants that provide local jobs. Across the c...
Mortgage rates have been coming down, but there has yet to be a spike in homebuying activity—and one leading indicator has even declined.Recommended VideoPendin...
The goal of the Governor's Reorganization Plan is to usher in structural changes needed in California to streamline funding programs and to improve coordination...
Home prices aren’t keeping up with inflation, representing a drag on wealth in real terms, according to S&P Global. That’s as home prices have been falling ...
When you enter Ikea’s freshly opened Oxford Street store in London, two things instantly meet your eye: a display of the company’s newest furniture line and som...
Swiss watch exports to the United States soared last month as US President Donald Trump called time out on tariffs, industry figures showed on Tuesday.Recommend...
The housing market has been particularly brutal the past couple of years. While the pandemic ushered in an era of sub-3% mortgage rates, those climbed to levels...
Billionaire Mark Zuckerberg has been rankling his neighborsin Palo Alto as he works on expanding and modifying the 11 homes that he has purchased in the area. T...
If there was any thought that the Trump administration’s 90-day pullback of China tariffs might keep retail prices stable, leaders of the country’s largest reta...
Memorial Day, strictly speaking, is meant to honor American soldiers who have died in military service. But for many people, it’s the official start to summer—a...
Johnsonville is offering an 80 lb, 249-link box of sausages. The promotional item will be sent to winning entrants right before July 4 of this year. It comes wi...
Knowing if you can open your business on a public holiday should seem straightforward, but the situation is less clear-cut for bakers across France.Recommended ...
Turriner Jackson with Renaissance of Hope Community Manager, Lance Woods, who supported her through repairs to her home.A Detroiter all her life, Turriner Jacks...
The U.S. housing market’s inventory is growing, putting pressure on prices and slowing new construction, according to fresh research from the Bank of America In...
James Jannard, the billionaire founder of Oakley, has re-listed his Beverly Hills megamansion for $65 million, down from the original $68 million price listing ...
While the stars ofMade In Chelseamight find the organic quinoa a bit more difficult to locate in their new local Lidl, a shopping trip there will surely prove m...
Four days after Hurricane Katrina devastated New Orleans, Kwamé Juakali was walking with his family along the Interstate highway toward the Superdome, seeking s...
Diageo Plc will cut costs by $500 million over three years as the maker of Johnnie Walker whisky grapples with US trade tariffs.President Donald Trump’s trade t...
Heather Colley and her two children moved four times over five years as they fled high rents in eastern Tennessee, which, like much of rural America, hasn’t bee...
Burberry showed promise of recovering from the struggling luxury market. But now, Britain’s marquee trench coat maker will have to lick its wounds a little long...
Budget beauty giant e.l.f. recently announcedplans to increase the cost of its products by $1 due to tariffs. CEO Tarang Amin toldFortunecustomers have reacted ...
Kohl’shad its first earnings report since firing CEO Ashley Buchanan, and the results weren’t as bad as expected. While net sales were down and there were still...
In 1997, Cherrydale Apartments was set to be sold and was in danger of losing its affordability protections. That's when Cleo Walker sprang into action. Walker,...
Sales of previously occupied U.S. homes rose in July as homebuyers were encouraged by a modest pullback in mortgage rates, slowing home price growth and the mos...
Tim Block has run eight marathons and is training for another. But with his work as senior director in Enterprise’s Southeast market office combined with an act...
The people of Puerto Rico have endured significant losses in recent years due to climate change- induced disasters, including Hurricanes Maria and Irma. From fr...
Auto giant Stellantis, whose brands include Jeep, Peugeot and Fiat, on Wednesday named company veteran Antonio Filosa as its new chief executive officer as the ...
Mortgage ratesare currently in the high 6% range, and a drop back to the pandemic-era sub-3% levels is considered unrealistic by economists. However, a modest d...
The owner of Homes.com is suing Zillow for allegedly infringing more than 46,000 copyrighted photos. The suit seeks “a substantial award of damages,” which coul...
For many Hispanics the road to homeownership is filled with obstacles, including loan officers who don’t speak Spanish or aren’t familiar with buyers who may no...
When a hurricane, wildfire or tornado hits, tens of thousands of households can become homeless in a matter of hours. Homes destroyed or substantially damaged b...
President Trump has released his request for the Fiscal Year 2026 (FY26) budget(link is external), signaling the administration’s priorities and providing a jum...
Berkeley Way and the Hope Center. Photo By Bruce DamonteIn a significant policy win with far-reaching implications for housing and climate equity, California la...
British clothes-to-food retailer Marks and Spencer on Wednesday said a cyberattack affecting its online service is set to last through to July and cost the grou...
Pastor Rod Hudson at the Ames Memorial United Methodist Church in West Baltimore“This is where it all began, right here at this church,” said Pastor Rod Hudson,...
Muskin Row Homes I, Austin, Texas (Photography: Likeness Studio | Nicole Mlakar)Single-family–only zoning — where large shares of land are zoned exclusively for...
Today’s luxury housing marketis expanding from grand, extravagant mansions toward “quiet luxury,” emphasizing understated comfort, according to Pamela Liebman, ...
Housing affordability in the U.S.has improved slightly in 2025 due to mortgage rates trending down and home price growth flattening or declining in some markets...
Karen Ladner, former executive director of the Bay Waveland Housing Authority, with Janine Lee, current executive directorWhen Karen Ladner heard that a major h...
Rendering by KEPHART architectural design and planning firm. Courtesy of South Metro Housing Options.The housing authority for the City of Littleton, Colorado, ...
In the heart of Washington, D.C., where affordable housing options remain scarce, Richard Cunningham and Jésyl Crowdy-Cunningham are leading a quiet but powerfu...
As disasters increase in frequency and severity, it is more critical than ever to ensure disaster recovery programs are effective and responsive to the needs of...
The fashion industry had a unique concern about the impact of tariffs. Continued uncertainty has pushed Urban Outfitters to move up shipments of its fall produc...
Tens of thousands of families across the Gulf Coast dealt with the tasks of rebuilding water damaged homes.On the Saturday before Hurricane Katrina made landfal...
The share of U.S. homes that have lost value in the past year is the highest since the aftermath of the Great Recession, according to Zillow.Recommended VideoIn...
Christian Dior, one of the main businesses within French conglomerate LVMH, will have a new creative chief overseeing the entire brand—Jonathan Anderson. R...
The average rate on a 30-year U.S. mortgage held steady this week at its lowest level in nearly 10 months, an encouraging sign for prospective homebuyers who ha...
One of the biggest car launches at Auto Shanghai 2025 in China from a European brand was the Mercedes-Benz Vision V. Surprisingly, this isn’t an SUV nor a luxur...
There’s recently been a little bit of breathing room in the U.S. housing market as mortgage rates have slightly declined and home price increases have started t...
Arby’s is introducing a shirt and shorts it says are made entirely of napkins. The rollout comes as the chain introduces new BBQ sandwiches.In the world of fast...
All-cash offers have cemented their place as a formidable force in the U.S. housing market, accounting for nearly one in three home purchases in the first half ...
Beverly, Massachusetts is the nation’s hottest ZIP code, according to a study by Realtor.com. Houses in the area sell in just 16 days. The Northeast boasts seve...
Housing costs have surged more than 50% since the pandemic,but the traditional price gap where new-construction homes cost significantly more than existing home...
America is taking a day to say thank you to those who have served in the military and honor those who made the ultimate sacrifice. And many businesses are doing...
France is pushing to slap fees on small packages from discount retailers including China’s Temu and Shein Group Ltd. as the flood of cheap goods risks accelerat...
Last week, lawmakers introduced bipartisan legislation that would make the New Markets Tax Credit a permanent part of the tax code, solidifying a program that h...
Spanish VersionIn Toledo, Ohio, the city established a $37 million loan pool to provide financing for housing rehabilitation, real property acquisition, and eco...
It pays less and less to buy and flip a home these days. From April through June, the typical home flipped by an investor resulted in a 25.1% return on investme...
Budget beauty giant e.l.f. has finalized a $1 billion deal to acquire Rhode, social media influencer Hailey Bieber’s skincare brand. Rhode generated $212 millio...
Since the pandemic, U.S. mortgage rateshave risen dramatically. This surge, combined with historically high home prices, has tanked housing affordability, with ...
The House Appropriations Committee approved the HUD fiscal year 2026 (FY26) spending bill(link is external) on July 17, rejecting many of the drastic cuts and p...
LVMH U.S. CEO Anish Melwani expressed relief over the decline of the “quiet luxury” trend,arguing that while understated elegance has long existed within LVMH b...
Cape Cod, one of the priciest housing markets in the U.S., is considering a 2% real-estate transfer fee on luxury homes above $2 million to fund affordable hous...
California Gov. Gavin Newsom released a revised budget proposal(link is external) last week, kicking off final negotiations with the Legislature. The May Revisi...
When President Donald Trump compared “Big Homebuilders” to OPEC in a Sunday evening Truth Social post, he gave voice to a common populist trope: Greedy develope...
Halloween is just about a week away, but spooky season started early for the U.S. housing market. Recommended VideoIn September, more than 53,000 home-purc...
A board member at Kohl’sresigned because she said there were governing issues and a lack of transparency at the beleaguered retailer. The company denies Day’s s...
Consumers are now using large language modelslike ChatGPT to shop, requiring changes in traditional marketing practices. In the era of generative AI, companies ...
More Americans are experiencing the impacts of the nation’s worsening housing affordability crisis. Families are struggling to remain housed in an environment w...
Luxury homeownersare increasingly struggling to sell at desired prices, prompting a rise in creative tactics like sleepover trials and steep price cuts. New tax...
After months of tough negotiations, California’s FY 2025–26 state budget(link is external) restored funding for several critical affordable housing and homeless...
Despite Paris Hilton’s high net worth,she and her husband reportedly took out a $43.75 million mortgage for their $63 million Beverly Hills mansion, a move more...
Real estate giant Greystar and 25 other property management companies have agreed to collectively pay more than $141 million to settle a class action lawsuit ac...
The AI boom is bringing a wave of startups to San Francisco, and employees are receiving generous benefits in one of the country’s priciest housing markets.&nbs...
A capacity-building grant from Enterprise allowed HDA to hire a flood construction specialist to help communities recover faster.In July of 2022, a thousand-yea...
Housing affordability in the U.S.remains at crisis levels due to a combination of stubbornly high mortgage rates and home prices. Even if mortgage rates dropped...
“Community development financial institutions are one of the most effective, durable economic development tools we have,” said Elise Balboni, executive vice pre...
Remy Cointreau SA appointed former Chanel executive Franck Marilly to replace outgoing Chief Executive Officer Eric Vallat.Recommended VideoMarilly, who will st...
A $74,000 salaryis above the national median and enough to comfortably cover rent in most U.S. cities, but it still falls short of affording a median-priced hom...
In contrast to the political gridlock that led to this fall’s government shutdown, there’s growing bipartisan momentum around one of the nation’s most pressing ...
Baby boomers now own a majority of U.S. homes and have the financial means to stay where they are, keeping the housing market stuck for the foreseeable future, ...
For many families, seniors, and workers who live in rural areas across the country, affordable housing makes it possible for them to remain in the communities t...
It’s been around six months since Jaguar, the 89-year-old British premium car brand, decided to arguably torpedo its legacy in search of a new, younger audience...
LVMH’s deputy chief executive officer said Chinese customers have been pulling back on travel and consumer spending, indicating that a slump in demand for luxur...
One of 20 new single-family homes built on the Lac du Flambeau Indian Reservation through a $15 million Low-Income Housing Tax Credit investment, completed unde...
Hormel Foods maintained its full-year 2025net sales guidance at $12.2 billion despite economic uncertainty and tariff-related pressures, noting that consumers a...
Emelda Paul was 23 when she moved to a new apartment just a few blocks and “over the tracks” from her childhood home. She had three young daughters, and Lafitte...
It’s a buyer’s market, and that means house hunters are walking away from contracts more frequently, according to data from Redfin. Sellers outnumber buyers in ...
Owning a home is considered one of the best and most financially savvy a person can make—if you can afford it. After all, it’s the largest asset class in the la...
The Senate Appropriations Committee approved(link is external) its HUD fiscal year 2026 (FY26) spending bill proposal(link is external) on July 24, rejecting ma...
The wealthy in New York City are on the move, spurred by what some are calling the “Mamdani effect”—a sudden surge of outward migration in anticipation of Zohra...
Clara Vista Townhomes in Portland, Oregon, one of the first developments to meet Green Communities certification in 2006It’s been 20 years since Enterprise crea...
In the heart of Philadelphia’s South Kensington-Fishtown neighborhood, a century-old lamp factory is once again lighting the way — this time, as a symbol of com...
The U.S. housing market has delivered plenty of surprises in recent years, but few as puzzling as the data released for August. According to new government figu...
Costcois testinga featurethat would allow customers to scan items in its warehouses and pay for them on their phones, following the lead of Walmart-owned rival ...
It’s hard to find someone — even outside Washington, D.C. — who hasn’t heard about the One Big Beautiful Bill Act (OBBBA, H.R. 1(link is external)), which Presi...
Zillow’s September 2025 housing market report reveals an unexpected surge of activity during what is typically real estate’s slow season. A dip in mortgage rate...
Sitting in their Zurich headquarters, On’s sanguine co-CEO, Martin Hoffmann, and his colleague and On co-founder Caspar Coppetti, have reason to be relaxed. Ano...
This piece is part of our series, Policy Actions for Racial Equity (PARE). The series explores the many ways housing policies contribute to racial disparities i...
T.J. Maxx and Marshalls parent company TJX has an advantageover its discount retail rivals, analysts said. TJX is an off-price retailer that sources much of its...
Younger generations are looking to the Midwest for homeownershipbecause of the region’s significantly lower housing costs compared to major coastal cities. Many...
Enterprise and Detroit CDOs at the nation’s capital.Community development doesn’t happen from the top down — it’s built from the block up, by the people and org...
President Trump started his second term with a barrage of Executive Orders and a meeting with House and Senate Republican leadership(link is external) to devise...
Ryanair fares are set for a sharp rise as the airline attempts to rebound from a double-digit hit to profits in a year where Ryanair shipped a record number of ...
The housing market in Florida is in the midst of a major change: Inventory is down for the first time in 110 weeks, according to Compass chief economist Mike Si...
The EU on Monday slapped German food delivery company Delivery Hero and its Spanish subsidiary Glovo with a fine worth 329 million euros ($376 million) after th...
Snack food maker Mondelez International is suing the Aldi supermarket chain, alleging the packaging for Aldi’s store-brand cookies and crackers “...
A growing sense of economic pessimism is taking hold in the U.S., as new Fannie Mae survey data reveals nearly 70% of Americans believe the economy is headed in...
McDonald’s is shutting down all of its CosMc’s locations. The doors will begin closing at the end of June. Some of the most popular drinks at the Starbucks comp...
Americans are sacrificing a lot just to be able to afford a roof over their head. Recommended VideoAccording to a recent Redfin survey, more than 44% of U....
After just a few months on the job, Janine Lind put together a five-year plan for Enterprise’s Community Development division. “I was feeling good about this pl...