Inside a 28-story testing tower erected in the middle of the suburban town of Bristol, Connecticut, Otis engineers run elevator parts through dust chambers, humidity cells and saltwater fog machines. “[Elevators] are supposed to work in the extreme conditions of the world. Whether it’s the desert or the Arctic,” said Haran Vela, senior vice president…
Tom Werner | Digitalvision | Getty Images As borrowers come up against new federal limits on student debt, they may encounter financing options from an unexpected source: their state. But don’t assume these government-backed loans are a close substitute for federal student loans. Consumer advocates say state student loans are more akin to private student…
One of the many signs that the Covid pandemic is slipping further into the past is that companies are paying closer attention to the quality of life in locations where they are considering setting up shop. “Where are people moving? Where have they gone post-Covid?” said veteran site selection consultant Tom Stringer of Stringer Site…
The Commodity Futures Trading Commission headquarters in Washington, Dec. 23, 2022. Ting Shen | Bloomberg | Getty Images As prediction markets’ volumes grow at a ruthless pace, their businesses are being challenged by states across the country. The federal government is fighting a multifront battle to stop the state actions and assert its regulatory authority. …
The Commodity Futures Trading Commission headquarters in Washington, DC, US, on Friday, Dec. 23, 2022. Ting Shen | Bloomberg | Getty Images A federal commission on Thursday announced lawsuits against three states over its ability to exclusively regulate prediction markets. The Commodity Futures Trading Commission said it was taking Arizona, Connecticut and Illinois to court…
A realtor gives neighbors a tour during an open house at a home in Palm Beach Gardens, Florida, on Jan. 11, 2026. Zak Bennett | Bloomberg | Getty Images Spring is traditionally the busiest season for home sales, and while this year’s market dynamics have shifted strongly in favor of buyers, broader forces in the…
