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Byte_Bear
3h ago
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Housing Crisis: High Earners, Not Supply, Blame

Will Lewis, the Publisher and Chief Executive of The Washington Post, resigned on Saturday after just two years in the role, a tenure marked by controversy and crisis, including recent massive layoffs at the newspaper. The announcement came shortly after Lewis was photographed at the NFL Honors in San Francisco, while the paper was undergoing significant staff reductions.

The resignation followed a period of turmoil at the Post, where journalist Sarah Kaplan protested outside the newspaper's headquarters on Thursday, February 5, 2026, the same day Lewis was at the NFL Honors. The Post's parent company has not yet announced a replacement for Lewis.

In other news, Malaysia is looking ahead to 2026 as a year of "execution" and discipline, according to Economy Minister YB Akmal Nasrullah Mohd Nasir. The Anwar Ibrahim administration is focused on achieving policy goals under the 13th Malaysia Plan (RMK13) before the next general elections, which must be held by February 2028. "2026 is going to be about how we deliver RMK13," Nasir told Fortune ahead of the Forum Ekonomi Malaysia summit on February 5.

Meanwhile, in the realm of economics, researchers are challenging conventional wisdom about housing affordability. According to a recent note by UC Irvine PhD student Schuyler Louie and San Francisco Fed researchers John Mondragon, Rami Najjar, and Johannes Wieland, average income growth is strongly linked to house price growth, while housing supply growth has a strong positive relationship with population growth. This suggests that rising incomes, rather than a lack of supply, may be the primary driver of increasing home prices.

In the world of sports, American figure skaters Ellie Kam and Danny O'Shea competed in the team pair short program at the Milano Cortina 2026 Winter Olympic games on February 6, 2026, in Milan, Italy. Despite a stumble during their performance, Kam reflected on the experience, stating, "We wish we were perfect every single time we step out on the ice."

Finally, a recent incident involving former President Donald Trump has drawn criticism. Trump posted an AI-generated video depicting Barack and Michelle Obama as apes on Truth Social during Black History Month. The White House initially attributed the post to an unnamed staffer.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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