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Business Insider Latest Story Image
2 mins read

Timber eyed as a hedge against rising prices as inflation surges to 40-year highs

"Timber, historically, has been positively correlated with inflation fairly directly," said Joe San…

Isabelle Lee   


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2 mins read

Lumber prices are up 29% in February as pace of economic reopening sparks new rally in global commodities

Prices for iron, oil, soybeans, and fertilizer have also pointed higher amid cold winter weather, g…

Isabelle Lee   


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2 mins read

Lumber prices hit a record high after soaring more than 250% in the past year

Spot lumber prices hit a record high of nearly $1,200 per thousand board feet on Tuesday after moun…

Will Daniel   


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2 mins read

JPMorgan CEO Jamie Dimon says timber will be great business for the bank, after it bought a lumber firm during the market boom

JPMorgan bought lumber management firm Campbell Global during a boom in the market. But its focus i…

Harry Robertson   


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2 mins read

Lumber prices fall for the 8th straight day to near $1,000 per thousand board feet for the first time since March

After a blistering rally, lumber prices have now fallen approximately 37% from May 7 record highs o…

Will Daniel   


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3 mins read

A 325% surge in lumber prices over the past year has pushed new-home prices up by $24,000 apiece

Lumber prices reached more than $1400 per thousand board feet on Monday and experts say it's a grea…

Will Daniel   


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1 min read

Lumber prices have soared 230% in the last year, pushing timber and homebuilding ETFs to record highs

Exchange-traded funds that track timber, forestry, and homebuilding stocks have rallied as lumber p…

Emily Graffeo   


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1 min read

Oil giant Shell turned an old gas station into an EV-only charging hub with free WiFi and solar panels in its timber canopies. Take a look around.

Demand for new EVs is outpacing charging infrastructure. Some 190,000 new EVs were registered in th…

Stephen Jones   


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2 mins read

Lumber prices are on a roller coaster. They might remind Warren Buffett of the time he doubled his money on a timber company

The investor made $22 million by betting Arcata would win its dispute with the US government over a…

Theron Mohamed   


Business Insider Latest Story Image
1 min read

A new market in 'carbon offsets' is blossoming, drawing huge companies who pay timber owners not to cut down trees

Companies are showing investors their pollution-reduction efforts by paying landowners to not cut t…

Emily Graffeo   


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1 min read

Oregon just became the first state to legalize mass timber high-rises, and it could lead to a boom in tall wood buildings

A growing number of North American architects and developers are supporting mass timber constructio…

Peter Kotecki   


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1 min read

Notre Dame's destructive fire left visitors without a place to worship. A pop-up center made of charred timber could offer a temporary fix.

The global architecture firm Gensler aims to fix this problem by creating a pop-up center at the ba…

Aria Bendix   


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1 min read

Google's parent company revealed its plan for a high-tech neighborhood in Toronto - and it could be the world's largest tall timber project

Waterfront Toronto, a local group that administers revitalization projects, is working with Sidewal…

Peter Kotecki   


Business Insider Latest Story Image
1 min read

Guess How Much The Harmonica Player From 'Timber' Has Made

"When I heard the finished track, I was knocked out," said Harrington. "Boy, did they turn me up lo…

Rob Wile   


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1 min read

3,000 Portland Timbers Fans Came To A Make-A-Wish Soccer Game For A Kid With Cancer

And when Atticus Lane-Dupre, an 8-year-old who is battling cancer, got his wish (through Make-A-Wis…

Leah Goldman   


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4 mins read

I restored a 1900s train car with my dad and turned it into an Airbnb. Now it's paid for itself.

Isaac French and his family transformed a decrepit 1900s train car in Idaho into a profitable Airbn…

Grace Eliza Goodwin   


Business Insider Latest Story Image
3 mins read

Droughts killed more than 12 million trees in Mississippi and no one has the money to cut them down

Timber farmers are expected to lose $96 million after droughts killed more than 12 million pine tre…

Kenneth Niemeyer