A $5 Trillion ‘Wealth Shock’ Is Cracking Americans’ Nest Eggs

Bloomberg

Amazon Aims to Sublet, End Warehouse Leases as Online Sales Cool

(Bloomberg) — Amazon.com Inc., stuck with too much warehouse capacity now that the surge in pandemic-era shopping has faded, is looking to sublet at least 10 million square feet of space and could vacate even more by ending leases with landlords, according to people familiar with the situation. Most Read from BloombergA $5 Trillion ‘Wealth Shock’ Is Cracking Americans’ Nest EggsOne of the World’s Frothiest Housing Markets Turned Into a Seller’s Headache OvernightWalmart’s Troubles Should Have E