ZURICH—Somewhere in the velvety gloom of a private bank’s 14th-floor conference room, a Swiss relationship manager just uncorked a 2005 Château d’Yquem to celebrate the fact that his American clients can once again afford Tuscan villas the size of Liechtenstein. The occasion? The Federal Reserve’s latest rate cut, a move so telegraphed it could have…
Opendoor, the American digital flipper that will buy your house faster than you can say “negative equity,” has been quietly exporting its algorithmic appetite for other people’s drywall across the planet. What started in Phoenix—because, of course, the city most famous for mirages would spawn a real-estate unicorn—now stalks listings from Toronto to Tel Aviv….
Squirrel Hill Fire: Pittsburgh’s Little Inferno as a Global Mood Ring By our jaded correspondent who keeps a passport in one pocket and a fire extinguisher in the other It takes a special kind of municipal embarrassment to make a neighborhood named after manic tree-rats combust on live television, yet here we are. In the…
