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RealPage rent-fixing lawsuit highlights use of algorithms to set rents

by Matt Levin
Apr 16, 2024
Lawsuits allege that RealPage, a company many large landlords use to price their apartments, uses confidential data in an anti-competitive way.
"The lack of transparency encourages rents to spiral upwards," said Shanti Singh of the advocacy group Tenants Together.
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Navigating the stress of emotional debt

by David Brancaccio and Natalie White
Apr 16, 2024
New York Times' best-selling author Michael Arceneaux discusses his personal journey with debt and the importance of letting go of the shame often attached to it.
"With the psyche of debt and how much debt impacted every facet of my life, some of that really did bleed into me," said author Michael Arceneaux.
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Retail sales climbed to a higher-than-expected 0.7% in March

by Samantha Fields
Apr 15, 2024
Consumers are still spending, but that looks a little different now than it has the past few years.
Spending at nonstore retailers — like Temu or Amazon — rose 2.7% last month.
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Your last-minute guide to Tax Day

by Janet Nguyen
Apr 15, 2024
While today is the deadline to pay taxes, you can still file an extension.
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Corporate dealmaking has picked up. That's good news for bankers — and the economy.

by Justin Ho
Apr 15, 2024
After a couple of years of uncertainty, there's pent-up demand for mergers, stock and bond sales and other complex transactions.
Goldman Sachs reported that investment-banking revenue increased 32% last quarter from the same time in 2023.
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Tesla cuts more than 10% of global workforce as challenges mount

by Sabri Ben-Achour
Apr 15, 2024
The electric vehicle maker faces softening demand and intense competition on prices, and earlier price cuts have not sufficiently jolted sales.
Tesla’s deliveries dropped by 8.5% in the first quarter, making it the first decline in four years.
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While the secondhand market booms, thrifting is coming apart at the seams

by Kai Ryssdal and Aleezeh Hasan
Apr 15, 2024
If you've recently dug through the racks of a Goodwill and found a lot of lower-quality fast fashion, you're not alone, says Kelsey Vlamis of Business Insider.
"Needs-based shoppers are increasingly getting priced out, and it's getting harder to find those, like, special pieces at an affordable price," says Business Insider reporter Kelsey Vlamis.
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It's getting harder to predict the economy's effect on presidential elections

by Kimberly Adams
Apr 15, 2024
It's not the economy, stupid? With political polarization increasingly motivating voters, the economy may not be the predictor it once was.
Traditionally, there are two ways to predict the outcome of an election: polling and statistical modeling. The latter tends to emphasize economic factors.
Charly Triballeau/AFP via Getty Images
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Why getting workers their schedules in advance is good for business

by Stephanie Hughes
Apr 15, 2024
Restaurants and other service sector businesses often give workers their schedules with little notice, but that's changing in some places.
Roughly two-thirds of hourly workers at large retail and food service employers get less than two weeks' notice for scheduling, according to researcher Kristen Harknett.
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Why doesn't Medicare cover drugs like Ozempic for weight loss?

by Janet Nguyen
Apr 15, 2024
Old laws and the high cost of these drugs have been obstacles for wider coverage.
Medicare Part D does not provide coverage solely for weight loss, explained one expert.
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