First Avenue Streetcar Cost Estimates Soar to $410 Million "A new consultant report on the long-planned streetcar shows costs up 43% with several new project elements now assumed necessary." (The Urbanist)
Microsoft lays off 1,900 employees, about 9% of gaming unit, following Activision acquisition "Microsoft is cutting nearly 2,000 jobs in its gaming unit, or about 9% of gaming-related staff." (Geekwire)
Housing is now unaffordable for a record half of all U.S. renters, study finds "Since 2019, the biggest jump in unaffordability was for households making $30,000 to $74,999 a year. Even among those working full time, a third of all renters were still cost-burdened." (NPR)