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Those who bought homes since 2022 now collectively pay an estimated $65 billion annually in avoidable mortgage costs. People with higher incomes and who are older are often the ones paying the steepest price.

Capital spending by five hyperscalers will be an estimated $741 billion this year, up nearly 75% from last year, fueling demand for resources. Economists expect the AI build-out to add to inflation over the next year.

The dominance of the U.S. dollar, currently used in roughly 80% of international trade finance, has historically given Washington a big advantage in policing global business. Most international transactions denominated in U.S. dollars must be settled by American banks, giving Washington the ability to monitor them—and cut off users’ dollars if necessary, crippling their operations. But when U.S. adversaries use yuan to run their businesses, the transactions don’t enter the U.S.-led banking system, neutering Washington’s powers.

The Trump administration’s Energy Department plans to offer $17.5 billion in low-interest loans for utilities to finance Westinghouse AP1000 nuclear reactors. The loans aim to speed up construction of 10 reactors in the U.S. by up to three years, with new AP1000s potentially online by 2035.

Condos are for sale at the site of Florida’s Surfside tragedy but not one has sold. The Dubai developer is still trying after more than a year to sell its first unit where a condo building collapse.

The typical profit margin for a flipped home rose to 25.4% in the first quarter, up from 24.7% in the fourth quarter of 2025. Margins had been declining since peaking at more than 34% in the second quarter of 2024.

For 2026, the combined free cash flow at the five hyperscalers is expected to drop 91% to about $16 billion, while net income is projected to rise 25% to $506 billion. Current forecasts have free cash flow rebounding sharply to $185 billion in 2028 and then soaring to $387 billion in 2029. The consensus view for now is that capex growth will taper off after next year while revenue keeps surging, allowing free cash flow to rebound in a V-shaped recovery.

An average of 26% of paid, full days were worked from home in May, down from the 27% registered two years earlier. It was about 30% in 2022, when companies were transitioning away from the pandemic. But in 2019, before the pandemic struck, about 7% of days were worked from home.

Marriott has said that fee revenue from its co-branded credit cards is expected to jump 35% this year to nearly $1 billion. Owners say that they previously believed the program was only breaking even and that the hotel giant is ripping them off.

AHS Properties bought the Dubai’s Shangri-La Hotel for $300 million. The luxury real estate developer bought the 43-floor hotel from Mismak Asset Management.