Study: Renters’ Rise Extends Beyond Cities to the Suburbs
New York — In the American imagination, suburbs are places to buy a house and put down roots. But a growing percentage of suburbanites rent, according to a new study. About 29 percent of metropolitan-area suburbanites were renters in 2014, up from 23 percent in 2006, according to a report released Tuesday by New York University’s Furman Center real estate think tank and the bank Capital One. The finances of home ownership since the...
CEOs Make 200 Times More Than Workers
Earlier this month, the Securities and Exchange Commission approved a rule that will require companies, starting in 2017, to disclose a simple calculation: At what multiple is the chief executives’ compensation vs. the median-compensated worker. It’s a concept many in Corporate America have loved to hate ever since it was first included in the Dodd-Frank financial reform law back in 2010. For one, they say, it will be an expensive and...
