News - November 5, 2024
Homebuyer Median Age: The median age of new homebuyers in the U.S. has risen to 38 years, with repeat buyers averaging 56, indicating shifts in affordability and the demographics entering the housing market.
New York Times Tech Staff Strike: Technical staff at The New York Times are on strike, likely over contract disputes, potentially impacting operations or services during the action.
TGI Fridays Bankruptcy: The popular restaurant chain TGI Fridays has filed for bankruptcy, likely due to financial struggles exacerbated by changes in dining habits and competition.
Meta ($META): Meta reported 275 million monthly users, up 83% since April, showing significant growth in user engagement across its platforms.
Berkshire Hathaway Cash Reserves: Warren Buffett’s Berkshire Hathaway