Morning Brew Daily Wall Street Might Be Hurting Housing & Strava Exposes World Leaders’ Locations?
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Oct 31, 2024 Wall Street's growing influence leads to higher housing rents as corporate landlords scoop up affordable homes. The Department of Transportation introduces automatic refunds for travelers, easing worries over canceled flights. A French newspaper reveals that fitness app Strava may inadvertently expose world leaders' locations, raising security concerns. The soaring costs of U.S. elections are compared to other countries, while Google faces a massive fine, highlighting the intense scrutiny on corporate practices. Plus, updates on climate change and a fish feeding frenzy!
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Wall Street's Impact on Housing
- Corporate landlords own a small percentage of U.S. homes, but their impact is concentrated.
- Their presence in specific neighborhoods can inflate both home prices and rents.
Automatic Airline Refunds
- A new rule mandates automatic refunds for airline passengers experiencing significant delays or cancellations.
- Airlines must provide refunds within 7 days for credit card purchases and 20 days for others.
Strava Exposes VIP Locations
- Strava, a fitness app, poses security risks as bodyguards' workouts reveal protected individuals' locations.
- The French newspaper Le Monde identified agents protecting Biden, Trump, Macron, and Putin through Strava.