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French and Australian authorities are investigating TikTok and social media platforms over concerns about their impact on youth mental health and safety. France's parliament recommends banning social media for under 15s and imposing curfews, while Australia plans to ban stalking and deepfake apps, reflecting growing regulatory efforts worldwide.
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Recent developments include a large lease at Brooklyn's 25 Kent, Summit's purchase of 444 Madison Ave., and Jerusalem's Midtown project. Meanwhile, Gaza faces destruction of residential towers amid ongoing conflict. These events highlight shifts in urban development and market confidence.
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As of late October 2025, Target announced plans to cut about 8% of its global corporate workforce, roughly 1,800 jobs, mainly at its Minneapolis headquarters. The restructuring aims to simplify management layers and accelerate decision-making amid stagnant sales and competitive pressures. The cuts exclude store employees and come as Target prepares for a leadership transition in February 2026.
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US Thanksgiving food costs are volatile amid rising wholesale turkey prices due to avian flu, while consumer sentiment hits 40-year lows. Retailers and politicians present conflicting data on affordability, with some claiming prices are down, but wholesale costs and consumer worries suggest ongoing inflation pressures.