Why Americans love gated communities

Why Americans love gated communities

American gated communities have evolved to fit a variety of budgets, lifestyles and needs. They aren’t just a haven for retirees or the ultra-wealthy, although those communities are still prevalent.  Florida and California have the highest number of gated communities, in part because of weather and space. Retirees in particular chose Florida in the 1970s because…

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Southwest Airlines (LUV) 2Q 2025 earnings

Southwest Airlines (LUV) 2Q 2025 earnings

A Southwest Airlines Boeing 737 taxis at Ronald Reagan Washington National Airport in Arlington, Virginia, on May 16, 2025. Kevin Carter | Getty Images Southwest Airlines on Wednesday posted second-quarter earnings and revenue that fell short of Wall Street’s estimates but said travel demand has stabilized, echoing other airlines in recent weeks. Shares fell roughly…

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Treasury Secretary Bessent calls for a review of ‘the entire’ Federal Reserve

Treasury Secretary Bessent calls for a review of ‘the entire’ Federal Reserve

Treasury Secretary Scott Bessent on Monday suggested a review of the Federal Reserve that would go beyond the current controversy over building renovations and look at its overall function. “What we need to do is examine the entire Federal Reserve institution and whether they have been successful,” Bessent said during an interview on CNBC’s “Squawk…

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