World
Rents: They're going up almost everywhere in the US

Rents: They're going up almost everywhere in the US

The single issue political party the "Rent Is Too Damn High Party" have some work to do. According to data from Zumper, the median rent for a 2-bedroom apartment is up 13% on last year in the US, with rents rising in 80 of the 100 most populous cities.

Some of the biggest rent increases have been in cities that are generally more spacious and affordable. In the Phoenix area of Arizona, rents are up 15-20% in a number of suburbs, while rents in Henderson, a city near Las Vegas, have risen 24% in the last 12 months.

Even New York and San Francisco, which have topped the table of most expensive rents for a long time, have seen prices go up, with the median 2-bed apartment in San Francisco likely to set you back almost $4,000 a month. So much for remote work crushing rental prices.

But rents didn't rise everywhere, if you're looking for a cheaper place to live check out the full data and report here.

More World

See all World
world

Starbucks sells control of China business for $4 billion

Starbucks disclosed on Monday evening in a regulatory filing that it will sell control of its ailing China business to Boyu Capital for about $4 billion.

Under the agreement, Boyu will own a 60% stake in the China segment, which will become a joint venture between Boyu and Starbucks. The coffee chain will retain a 40% interest in the entity and will continue to own and license the brand and intellectual property.

Bloomberg reported earlier this year that the company was looking to sell its China segment. The American coffee giant has struggled to succeed in China, its second-largest market after the US.

world

John Wayne Airport in Orange County tops the list of North America’s favorite airports

Despite a record year of passenger numbers, flight cancellations, and delays, a new survey has revealed that flyers have been increasingly satisfied about their experiences in North American airports. 

According to this year’s North America Airport Satisfaction Study from data analysts at J.D. Power, overall passenger satisfaction scores were up 10 points (on a 1,000-point scale), largely from “improvements in food, beverage and retail and ease of travel through the airport.” The annual survey measures overall traveler satisfaction across the region’s airports in seven categories (in order of importance): ease of travel, level of trust, terminal facilities, airport staff, airport departure experience, food and retail, and airport arrival experience.

Here are the regions favorites:

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.