What we are reading March 26, 2025
Here are a few items we are reading this week from the business press and around the web.
What Does the Department of Education Actually Do?
Here’s a look at the history of the Department of Education and what it actually does.
Rebecca Schneid
Tariff fears are raising construction costs by up to 20%, says Related Group CEO
Related said the high end of the real estate market remains strong, especially in Florida.
Robert Frank
5 years into the remote work boom, the return-to-office push is stronger than ever—here’s why
The pandemic ushered in a new way of working remotely, but even companies that initially championed the model are changing their tune.
Valentina Duarte,Jennifer Liu
Genetic testing firm 23andMe files for bankruptcy | CNN Business
Gene testing firm 23andMe said on Sunday it had filed for Chapter 11 bankruptcy protection in order to facilitate its sale, after years of struggling to find a sustainable business model.
Juliana Liu
Federal housing agency will not cut Fannie Mae and Freddie Mac loan limits, new director says
The new director of the FHFA said he has no intention of shrinking the limit on loans bought and guaranteed by Fannie Mae and Freddie Mac.
Diana Olick
Wall Street bonuses hit record high | CNN Business
Bonus season on Wall Street runs through March, and based on estimates released Wednesday morning, it has been a lucrative start to spring for the more than 200,000 people working in the securities industry.
Jeanne Sahadi
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