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LVMH says its wine business took a 12% hit because people are too sad to buy champagne

LVMH CFO anticipates sales volumes will be “less bad” in the second half of the year.

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King Charles stands to get a $58 million profit bump after the sovereign’s public estate more than doubled

The Crown Estate profits doubled to nearly $1.2 billion this year, and that’s just one part of the British royal family’s $28 billion empire.

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The 6 top VP picks for Kamala Harris, ranked from most to least business-friendly

The shortlist of strong contenders for Kamala Harris' vice presidential pick range from a former astronaut to a billionaire.

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Renters finally get some good news as power begins to swing away from landlords

Rent on average is still more expensive than it was before the pandemic, though.

18.07.2024 4

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U.S. real estate is so expensive it’s even keeping out wealthy foreign homebuyers

Foreign buyers haven’t purchased so few homes since 2009—15 years ago.

18.07.2024 2

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Bernie Sanders says Amazon’s warehouse workers get injured at an ‘outrageous level’ during Prime Day season

“Amazon should be the safest place to work in America, not one of the most dangerous,” Sanders spokesperson says.

16.07.2024 6

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Shrinkflation is hitting homes: Expect ‘the death of the hallway’ and other Tetris-like designs to cut construction costs

Architects and builders are avoiding “wasted” space in smaller home designs.

15.07.2024 8

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Builders are pumping the brakes on new apartment construction—but landlords will keep ‘jacking up’ rental prices

Even though we’re “in a big hole” when it comes to housing supply, builders are backing off.

10.07.2024 10

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‘Longlegs’ star Nicolas Cage is terrified about AI’s influence on Hollywood: ‘They’re just going to steal my body and do whatever they want with it’

“Longlegs” star fears AI’s long-term effects on the entertainment industry: “I mean what are you going to do with my body and my face when...

09.07.2024 8

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Pup prenups: An overwhelming number of people say they support proactively deciding the fate of their pets should they divorce

More than 25% of pet parents have an official pet care agreement, such as a prenup.

06.07.2024 10

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‘Barbie’ star Margot Robbie says selling her own alcohol brand was easier than selling her $1.4 billion movie idea

“Movies are a crazy business,” Robbie said. “You have no idea how much it’s going to make.”

28.06.2024 4

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Bosses are lying to burned-out employees by posting fake jobs to give false hope that help is on the way

Posting fake jobs can cause "irreparable damage" for employers, one interviewing platform executive says.

26.06.2024 10

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AI could kill creative jobs that ‘shouldn’t have been there in the first place,’ OpenAI’s CTO says

“I'm not an economist, but I certainly anticipate that a lot of jobs will change,” Mira Murati says.

24.06.2024 6

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Pets make for the best financial advisers and motivators. They force you to be more mindful about your spending, study shows 

Pets inspire good money habits such as long-term investments and emergency savings.

23.06.2024 10

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Walmart is replacing its price labels with digital screens—but the company swears it won’t use it for surge pricing

Digital shelf labels will lessen the burden of updating prices on 120,000 items at Walmart stores.

21.06.2024 7

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Selling a home is expensive, too. Homeowners spend $55,000 on average to sell their properties

The NAR settlement could change seller costs, but it might burden buyers.

20.06.2024 4

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Lowe's CEO went from earning $4.35 an hour at Target to being one of only 8 Black Fortune 500 CEOs with this strategy

“I had to find a way to differentiate myself,” Marvin Ellison said.

19.06.2024 9

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Daniel Radcliffe made $110 million as a child star—and now he's defying the negative stereotypes at 34

Radcliffe declares he has the “kind of autonomy and freedom that any actor would kill for."

17.06.2024 10

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Brides and grooms are cracking down on wedding guests and publicly shaming those who don't comply with their gift registries and dress codes

This attitude is “in sharp contrast to the reason for a wedding celebration: love, community, [and] commitment,” etiquette expert says.

15.06.2024 10

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Commercial real estate bargain hunters are snagging offices for ‘extreme’ discounts up to 70%

“Office is clearly in the worst shape versus the other property types,” one executive says.

13.06.2024 10

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Building more housing is a top priority in these 10 YIMBY cities, Pacaso says

Residents of these cities are saying “yes, in my backyard” to new housing development.

12.06.2024 10

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Homeowners are shelling out nearly $20,000 in hidden fees annually—'the same level as buying a used car every year'

Insurance, maintenance, homeowners’ association fees, and utility bills are making homeownership even more unaffordable.

10.06.2024 5

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Baby boomers’ favorite credit card Amex is now the ‘lifestyle’ card of choice for Gen Zers

Gen Z can’t resist a good deal—even if it’ll cost them.

09.06.2024 4

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Elon Musk could bring home $56 billion in historic pay package. His compensation completely dwarfs the biggest paydays in corporate America history

Other Fortune 500 CEOs don’t even make 1% of Musk’s proposed pay package.

07.06.2024 5

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Boomers are setting up a showdown with millennials, aging in place and plunking down hundreds of thousands on renovating those homes

Millennials need homes, but because of high home prices and mortgage rates, baby boomers have little reason to sell.

06.06.2024 10

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Millennials' midlife crisis looks different from their parents' sports cars and mistresses—It’s a ‘crisis of purpose and engagement’

81% of millennials say they can’t afford a midlife crisis, psych study shows.

31.05.2024 50

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These are the 9 most rent-burdened cities in the U.S. where tenants spend more than one-third of their income on housing, Moody’s says

New Yorkers spend nearly 60% of their income per month on housing, the report shows.

29.05.2024 50

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Entering the ‘amenities arms race’ at luxury apartments: IV drips and Botox without having to leave your home

“Yesterday's pool is today's pet spa—and tomorrow's pool is the Botox [and] rehydration lounge,” UrbanDigs co-founder John Walkup tells Fortune.

26.05.2024 20

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There’s a way to land a sub-4% mortgage rate for buyers locked out of the housing market. But they’ve been hard to get—until now

Roam launches new product making it easier to take over sellers’ current mortgages.

25.05.2024 20

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Flights take off for the new Bark airline, where you can pay $6,000 to travel with your dog

“We built our service to be 100% focused on the dog,” Dave Stangle, vice president of marketing for Bark, tells Fortune.

24.05.2024 20

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Second homes are out of reach for most people so this $1.5 billion startup invented a clever workaround—here’s how it works

Pacaso offers an easier way to co-own a vacation home in luxury markets.

20.05.2024 30

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NYC’s rat problem is so bad it’s holding a summit of vermin experts to ‘know our enemy’

"Preeminent rat researchers" are invited to attend.

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Texas and Florida are now buyers’ markets. Here’s why it could be time to move to the South

High inventory and price cuts have pushed Texas and Florida into a buyers’ market.

17.05.2024 60

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Tinder, Bumble, and Hinge have turned into a ‘wasteland’ for Gen Z and millennials—and now many are breaking up with dating apps for good

Bumble's turnaround ad campaign massively backfired, fueling a general trend of choosing celibacy or in-person interactions over app dating.

16.05.2024 40

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An heiress and reality TV producer are suing Los Angeles for the right to demolish the home where Marilyn Monroe died

Los Angeles City Council intervened in September 2023, but the property isn’t an historical landmark—yet.

09.05.2024 40

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Billionaire heiress and reality TV producer are suing Los Angeles for the right to demolish the home where Marilyn Monroe died

Los Angeles City Council intervened in September 2023, but the property isn’t an historical landmark—yet.

08.05.2024 20

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Renters care more about having a pet-friendly apartment than having a washing machine, Zillow and Bark study shows

ZIllow data shows that 59% of renters have at least one pet, with 40% having a dog in 2023.

03.05.2024 80

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'Almost impossible': Janet Yellen despairs at housing market's one-two punch for first-time buyers

Home prices are up in every major U.S. city, plus mortgage rates are nearing their 2023 peak.

02.05.2024 40

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Study finding South Florida homes are 35% overvalued sparks bubble worries

The combination of rising housing premiums and mortgage rates is “a potential worrying sign for the housing market,” the researchers said.

02.05.2024 40

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Pennsylvania vs. Perrier: Your beloved mineral water is actually a soda, court rules

The battle started over a $0.24 sales tax tacked onto a Sheetz purchase.

30.04.2024 20

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Millennials have it better than everyone thinks, accumulating wealth faster than anyone else since the pandemic, new data shows

"This historic growth is without parallel in recent decades," according to an analysis from the Center for American Progress.

29.04.2024 20

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The economy is moving us back into the 19th century as fertility rates plunge

The U.S. birth rate from 2023 was down 2% from 2022, according to the Centers for Disease Control and Prevention.

26.04.2024 7

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Now might be the time to move to Florida as inventory levels surge and sellers slash prices

It may only be worth it, though, if you’re willing to pay higher insurance rates.

25.04.2024 8

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Luxury home prices have gotten so unwieldy that Ye, formerly Kanye West, had to slash the price of his Malibu mansion by around $14 million

Some of Ye’s Malibu neighbors reportedly said the property was "left to rot."

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Former HGTV star slapped with $10 million fine and jail time for real estate fraud

An investor found a property “to be a burnt down shell with no work done on it.”

19.04.2024 7

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Meet the CEO who makes your dog-food delivery feel like visiting a Disney resort

Chewy CEO Sumit Singh gives customers “the best personalized service you should expect at the best local neighborhood pet store.”

18.04.2024 20

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High mortgage rates are finally hitting new home construction as builders are pulling back on projects

“It makes little economic sense to ramp up construction on homes that won't be sold in the near future,” one engineer said.

17.04.2024 40

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Junior analysts, beware: Your coveted and cushy entry-level Wall Street jobs may soon be eliminated by AI

A major transition is coming for the highly coveted junior analyst position at big Wall Street banks, experts agree.

16.04.2024 30

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Bill Gates unloaded one of his properties in less than two weeks on the market—and it only cost $5 million

Gates still owns another mega mansion in a Seattle suburb worth about $130 million.

15.04.2024 30

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Nearly 30% of recent home buyers have zero clue how much their realtor is paid—and a lot of people don’t know where that money came from

“Many Americans make the biggest purchase of their life” without knowing how much their realtor gets paid, Redfin chief economist says.

11.04.2024 10

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