Inflation in U.K. Slows to 3.2%, Lowest in More Than 2 Years
As the economy cools, pressure is building on the Bank of England to cut interest rates.
By Gregory Schmidt
Gregory Schmidt covers breaking news and real estate for the Business desk at The New York Times and is the editor of the Square Feet column.
Before coming to The Times in 2007, he worked as an editor on the Business desk at The Miami Herald for seven years. He has a bachelor’s degree in writing from the University of Tampa and a master’s degree in mass communications from the University of Florida.
As the economy cools, pressure is building on the Bank of England to cut interest rates.
By Gregory Schmidt
The oldest members of Generation X are several years from stopping work, but some are already seeking homes that will suit their later years.
By Gregory Schmidt
As owners remain reluctant to put their properties on the market, developers are rushing to build new homes to meet demand.
By Gregory Schmidt
The weekly wrestling program will move to Netflix in 2025 as part of a 10-year agreement, a big leap into live events for the streaming platform.
By Nicole Sperling and Gregory Schmidt
The business of offering offices on flexible, short leases will survive the company’s troubles, but commercial real estate experts say it will probably remain a niche.
By Peter Eavis
Economists say loan rates are affected by a complicated combination of factors, but there are tactics consumers can use to land a lower rate.
By Gregory Schmidt
The average 30-year fixed-rate mortgage has climbed above 7 percent, making it harder for buyers to afford homes, which are already in short supply.
By Gregory Schmidt
Once ridiculed as a symbol of homogeneity and ennui, the work space is popular again as employees seek privacy and quiet in the office. How have you decorated your cubicle? Share your photos with us.
By Gregory Schmidt
The pandemic accelerated a transition to cashless payments, forcing a reckoning among small-business owners. But there are benefits: An owner said one cashless system saved her $3,000 a month.
By Gregory Schmidt
Wealthy homeowners who want to avoid attention often try to sell their homes privately. But a tight housing market has led more agents to pursue this tactic.
By Gregory Schmidt