The bottom line

■ The U.S. had 550 “milliondollar” cities, or areas where the “typical” home value is $1 million or more, in February, according to Zillow. California has the most “million-dollar” cities, with 210, which is more than the next five runner-up states combined. Florida lost three million-dollar cities from the year before. CNBC.com

■ In 2023, women held just 11.8 percent of roughly 15,000 C-suite roles at publicly traded U.S. companies, down from 12.2 percent the year before. That’s the first time women have lost seats since 2005, the year S&P started measuring the data. CNN.com

■ Instagram produced $32.4 billion in 2021, or 27 percent of Meta’s total revenue. The app contributed $16.5 billion in the first six months of 2022, according to documents released in the Federal Trade Commission’s antitrust suit. Meta has never broken out Instagram’s revenue during its earnings reports. Bloomberg

■ A new Morning Consult study found that 29 percent of employees said they preferred a hybrid arrangement, compared with 23 percent who chose fully remote. That’s flipped from 2022, when 29 percent preferred remote and 27 percent preferred hybrid. Axios

■ The U.S. Postal Service said it is seeking to raise the price of a stamp by 5 cents to 73 cents, which would be the fourth bump since the start of 2023. If approved, stamp prices would be up 26 percent since August 2021. The Wall Street Journal

■ Allbirds said this week it received a delisting warning from Nasdaq. The once hot sneaker seller has six months to trade at more than $1 for at least 10 consecutive days or risk being delisted. Its share price has fallen more than 90 percent since its IPO in November 2021. The Business of Fashion