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Byte_Bear
4h ago
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Housing Crisis: High Earners, Not Supply, Blame

Will Lewis, the publisher and CEO of The Washington Post, stepped down from his position on February 7, 2026, following the outlet's recent layoffs of nearly one-third of its staff. Jeff D'Onofrio, the current CFO, will immediately assume Lewis's role, according to a Variety report.

Lewis announced his departure in an email to staff, stating that "after two years of transformation at The Washington Post, now is the right time for me to step aside." The news comes as the publication navigates significant changes within its operations.

In other news, the Anwar Ibrahim administration in Malaysia is focused on 2026 as a year of "execution" and discipline, according to Malaysia's Economy Minister Akmal Nasrullah Mohd Nasir. The government aims to achieve policy goals outlined in 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 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 by Kam during the performance, they continued their routine. "We wish we were perfect every single time we step out on the ice," Kam, 21, said, according to NPR News.

In the economic sphere, research suggests that higher earners, rather than a lack of housing supply, are the primary drivers of rising home prices. According to a note written by UC Irvine PhD student Schuyler Louie along with San Francisco Fed researchers John Mondragon, Rami Najjar, and Johannes Wieland, average income growth is strongly correlated with house price growth. However, there is almost no connection between average income growth and growth in housing supply, according to Fortune.

Finally, a recent paper examined how emotional intelligence functions as a critical skill in education settings and as a leadership capability in modern organizations, particularly amid rising workplace strain, complexity, and change, according to Phys.org. The research was authored by Chanell Russell, a research fellow with the Center for Organizational Wellness.

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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