Invitation Homes, a subsidiary of the Blackstone Group asset management firm and now among the largest owner of single-family rental homes in the U.S., will add another $1 billion in rental houses to its inventory this year, the company has said. Home prices are at record levels, pricing many prospective buyers out of the market....
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SPOTLIGHT: CHINA’S GOVERNMENT STEPS UP
The Politburo, China’s inner circle of leaders, met last week in a rare September session and pledged to “issue and use” bonded government debt to fuel “the driving role of government investment” to revive the country’s staggering economy.
U.S. COLLEGES AND DEMOCRAPS: OPPOSE ISRAELI GENOCIDE? NO FREE SPEECH ON CAMPUSES
The donor class in California teamed up with the state’s Democratic Party and university elites to smash protests before they begin on campuses in the fall semester—after rallies broke out last semester in opposition to Israel’s brutal genocide in Gaza.
MUSLIM GROUP SAYS HARRIS’S VP PICK WALZ DODGED MEETING
A Muslim group from Minnesota said in an interview last week that Gov. Tim Walz—Vice President Kamala Harris’s pick for running mate—refused a planned meeting after learning that part of the discussion would be to push for the state to divest from Israel.
RUSSIA LEGALIZES BITCOIN MINING
Many see it as the “game theory” built into Bitcoin playing out. Russia this past week gave legal approval to bitcoin mining.
SPOTLIGHT: BIGS GETTING BIGGER
Private equity firm Bain Capital is buying a controlling interest in PowerSchool, which provides school management software and cloud services, for $22.80 a share, which works out to a value of about $5.6 billion.
SCHUMER REMINDS AMERICANS THAT HE IS ISRAEL’S ‘SHOMER’
Sen. Chuck Schumer, who has called himself a shomer Yisroel—or a guardian of the people of Israel, proved his criticism of Israeli Prime Minister Benjamin Netanyahu earlier this year was a farce and last week joined House Speaker Mike Johnson in inviting the Israeli leader to address Congress.
WEB3 MAY CHANGE THE DATA OWNERSHIP BALANCE
Most people these days are well aware of the pernicious ways that big tech companies, major commercial and entertainment websites, and even smaller players track your digital life.
120,000 ISRAELIS TAKE TO THE STREET CALLING FOR CEASEFIRE DEAL
The largest protest in Israel since the start of the war with Gaza took place on Saturday in Tel Aviv, with demonstrators demanding that Israeli Prime Minister Benjamin Netanyahu agree to a ceasefire deal that would bring home the 125 hostages still in Hamas possession.
CONSTRUCTION OF SINGLE-FAMILY RENTAL HOUSES SETS RECORD
In 2023, U.S. developers built 93,000 single-family homes as rental units, leaping 39 percent above the number in 2022 and setting a record, according to John Burns Research and Consulting.