This week in design, the appearance of a dumbwaiter in Netflix’s new series The Watcher sent viewers scrambling to search for the mini-elevators online—and as it turns out, some companies can install them in newer homes. Stay in the know with our weekly roundup of headlines, launches, events, recommended reading and more.
Business News
September marked the eighth straight month of declining existing home sales in the US, The Wall Street Journal reports, making it the longest such streak in 15 years. As the Federal Reserve has attempted to cool inflation by increasing interest rates—pushing mortgage rates to 6.94 percent this week—the rate of home sales has fallen off sharply after a pandemic boom. Excluding the early months of the pandemic (when home sales stalled briefly), September’s rate of existing home sales was the lowest since 2012. As a result, related industries also saw a dip in demand last