LOUISVILLE, Ky. — Light streamed through stained-glass windows in a former church, illuminating long white tables where weary men gathered. Johnny Henderson was glad for the rest. The 71-year-old — who has one arm, heart disease and vision problems — slept on the street the night before. Henderson is a regular at the St. John
Spain’s coalition government has approved new housing measures following protests over the country’s housing crisis, sparked by the eviction of an 87-year-old woman from her home in Madrid last week. Ministers met on Tuesday to discuss the proposals, which include a potential ban on evictions until 2030, Health Minister Mónica García said. She said the
EliseAI, the artificial intelligence company that automates back-office work for landlords and health systems, has raised $350 million at a $4 billion valuation, the company told Fortune, nearly doubling its valuation from just over a year ago. The funding round was co-led by existing investors Andreessen Horowitz (a16z) and Bessemer Venture Partners, as well as
From an investing perspective, U.S. homes have paled in comparison to the stock market in recent years, and the surge in mortgage rates will likely widen that mismatch. The housing market has been largely frozen since the COVID-era boom ended in 2022, when the Federal Reserve embarked on an aggressive rate-hiking campaign to rein in
The housing world is a bit of a generational war zone, mostly between baby boomers and millennials. Baby boomers make up more than one-third of all homeowners, and more than half don’t even have a mortgage, Eric Finnigan, vice president of demographics for John Burns Research and Consulting, previously told Fortune—a figure that is still
Beyond pay, work-life balance, and scheduling, there are other basic challenges affecting the US submarine workforce, including how workers get to the job, a Navy official overseeing workforce concerns shared. The Navy’s Submarine Industrial Base Program Office says it, along with its federal and state partners, has observed success in addressing region-specific problems, like transportation,
