In this article RDFN Follow your favorite stocksCREATE FREE ACCOUNT Andrew Caballero-Reynolds | AFP | Getty Images The rate at which home prices grow is slowing down. U.S. home prices increased 0.6% from a month before in February, in line with the 0.6% average monthly gain in the roughly eight years leading up to
Kristalina Georgieva, Director of the International Monetary Fund (IMF), speaks during the China Development Forum 2024 at the Diaoyutai State Guesthouse on March 24, 2024 in Beijing, China. China News Service | China News Service | Getty Images China has two choices right now: return to its old economic policies, or choose reforms to spur
Former U.S. President Donald Trump speaks to the media after voting at a polling station setup in the Morton and Barbara Mandel Recreation Center on March 19, 2024, in Palm Beach, Florida. Joe Raedle | Getty Images Donald Trump faces the severe risk that New York‘s attorney general will begin trying to collect a $454
Face it, leasing activity is less than overwhelming these days. So the heavy-hitters at CBRE took advantage of the lull to give the 8.2 million New Yorkers what everyone was clamoring for: Yes! More of CBRE’s “Real Estate Capital of the World” banners. And with a fresh new look! Some 150 green and white banners now hang along and
New York City is drowning in unpaid water bills — and Manhattan’s boutique Hotel Hayden leads the pack. Since the pandemic, the number of accounts that have failed to pay their water bills has increased significantly, and now the city is clamping down. In a news conference this week, the city’s Department of Environmental Protection,
Beverly Grove Place, a quaint enclave adjacent to Beverly Hills, has long been a coveted address for the rich and famous. With basketball icon LeBron James recently erecting a lavish abode, and power couple Jennifer Lopez and Ben Affleck dropping a cool $61 million on a compound last year, it seemed the epitome of exclusivity.
Former U.S. President Donald Trump speaks to the media as he arrives at a Manhattan courthouse trial in a civil fraud case brought by state Attorney General Letitia James against him, his adult sons, the Trump Organization and others in New York City, U.S., October 4, 2023. Mike Segar | Reuters If Donald Trump were
Belmont, North Carolina, Myers Park, large brick mansion with for sale sign in front yard. Jeff Greenberg | Universal Images Group | Getty Images Sales of existing homes surged 9.5% in February from January to 4.38 million units, on a seasonally adjusted annualized basis, according to the National Association of Realtors. Housing analysts had been
Former U.S. President Donald Trump attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, October 25, 2023. Jeenah Moon | Reuters A New York judge ordered Donald Trump‘s company Thursday to tell a court-appointed financial watchdog about any future efforts to obtain bonds
In Delray Beach, Florida, an eyeball industry tycoon is seeking an princely sum for his lavish compound. Massimo Musa — the co-founder of My Eyelab, the Lasik Vision Institute and multiple other eye-care businesses — on Thursday put his nearly 32,000-square-foot beachfront estate on the market for a cool $60 million. The price tag makes
The Federal Reserve announced Wednesday it will leave interest rates unchanged, delaying the possibility of rate cuts as well as any relief from sky-high borrowing costs. Overall, expectations that the Fed is pulling off a soft landing have increased, but that offers little consolation for Americans with high-interest debt. And now there may be fewer interest rate
A landmark class-action lawsuit may change the way Americans buy and sell homes. The National Association of Realtors agreed to a $418 million settlement last week in an antitrust lawsuit where a federal jury found the organization and several large real-estate brokerages had conspired to artificially inflate agent commissions on the sale and purchase of
Hinterhaus Productions | Digitalvision | Getty Images Inflation in the U.S. has hit a speed bump. While the rate of price increases has come down significantly from its peak in the summer of 2022, the most recent reading from the consumer price index showed overall inflation stuck at just above 3%. Core inflation — which
The US remains the world’s undisputed leader in wealth accumulation — but where within the states that money is concentrated is in flux. According to London-based investment migration consultancy Henley & Partners’ recently released 2024 USA Wealth Report, certain parts of America are seeing their rich resident populations rise rapidly — but they’re not the
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