US job openings climbed to 7.67 million in October, reaching the highest point in five months, according to a Bureau of Labor Statistics report that was delayed by the shutdown. Layoffs also rose, reaching 1.85 million, hitting the highest point since the beginning of 2023.

During the first three quarters of the year, Nareit's REIT Industry Tracker showed that aggregate funds from operations, net operating income and dividends paid increased compared with the same period in 2024. However, there are still valuation gaps between REITs and the broader equity market and between REITs and private real estate. When these gaps close, REITs and their investors are poised to benefit, writes Nareit's John Worth. He also discusses institutional investors' use of REITs and the value of a global REIT strategy.

The Federal Reserve faces an unusual amount of division heading into this week's meeting, with a group of policymakers having signaled recent hesitance to cut interest rates further. "It seems to me this is a 60-40 choice," said Nathan Sheets, a former senior Fed economist who is now a global chief economist at Citi. Deciding how to approach future cuts will also be important, as the Fed will have access to more data before the January meeting.

The European Central Bank is planning to propose steps to simplify some of the capital rules for banks, sources say. The proposals, to be presented later this week, could lead to fewer -- but not necessarily lower -- requirements, the sources say.

President Donald Trump said he will issue an executive order that could curb state-level regulation of AI. "I will be doing a ONE RULE Executive Order this week," Trump said in a social media post. "You can't expect a company to get 50 Approvals every time they want to do something."

Commercial real estate could benefit from increased momentum for leasing and sales activity, according to Colliers' 2026 Commercial Real Estate Outlook Report. The multifamily sector could see improved occupancy next year, and the industrial sector is seeing decreased construction activity as well as continued demand. The report also covers trends affecting the office, retail, data center, health care, hospitality and life sciences segments.

Terreno Realty bought a Hyattsville, Md., industrial property in a deal worth around $50 million. The rear-load industrial distribution building encompasses around 180,000 square feet and sits on a 14.1-acre site. Terreno will oversee the permitting and construction of interior finishes at the property -- a process that could be complete by early 2027.