We knew it was a bad time for commercial real estate. We didn’t imagine it was this bad.

Among CEOs, 76% told Fortune their company will need less office space in the future. And 28% say they’ll need a lot less office space. That’s the finding from a Fortune survey of 171 CEOs in collaboration with Deloitte between September 23 to 30.* 

If those reductions come to fruition, it could have a big impact on everyone from restaurant owners in central business districts to the financial institutions holding commercial real estate.

CEOs are finding that without a draining commute or office distractions, some employees are thriving from remote work. Among CEOs we surveyed, 40% say virtual working has increased employee productivity.

On the flip side, 31% say it has decreased productivity. Fortune Analytics has found the results are split among age groups, with Gen Z struggling the most to … Read the rest

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With less than two weeks until Election Day, Joe Biden’s heavy lead in the polls is not enough to convince many that President Trump is doomed to defeat. The polls notoriously got it wrong four years ago when Trump shocked the world by beating Hillary Clinton despite trailing Clinton in most polls for virtually the entire campaign.

Because of 2016, there has been heightened public interest in an alternative means of predicting which way the 2020 election may go. And many are choosing to follow the money: looking to political betting markets, as well as free-to-play prediction markets, for a better read on who will be the next President of the United States.

While betting on political elections remains illegal in all 50 states—and is subject … Read the rest

With just over two weeks to go until Election Day, voter enthusiasm is the highest it’s been in the past three presidential elections—but the majority of Americans won’t turn up to the polls on Nov. 3.

With the coronavirus pandemic still raging across parts of the country, just one third of Americans (33%) plan to vote in person on Election Day, according to national survey by the Public Religion Research Institute (PRRI) released on Monday. Another 17% said they plan to vote in person, but before Nov. 3, while another third of Americans (32%) said they plan on casting their ballots by mail.

Of the 2,538 respondents, the remaining 18% said they were still unsure how they planned to vote. 76% of Americans said they are absolutely certain they will vote in the 2020 election, which is higher than both the 2016 election (66%) and 2012 election (71%). Including this … Read the rest