Inflation Holds Steady at 2.7% as Fed Prepares To Pause Rate Cuts
Inflation didn't get worse last month, but it also didn't improve, potentially bolstering the case for the Federal Reserve to hold interest rates steady when policymakers vote later this month. Overall prices as measured by the Consumer Price Index (CPI) rose 2.7% in the 12 months through December,
California’s AI Windfall Is Becoming Hard To Live Without—That Could Spell Trouble for the Housing Market
California’s AI windfall is showing up in two very important places for residents: the housing market and the state’s balance sheet. As AI-fueled gains have kept money flowing through the tech sector, they’ve propped up high-end home demand in tech centers like San Francisco while helping Sacrament
Palm Beach Mansion With Historic Carriage House Designed by Maurice Fatio Lists for $105 Million—More Than 3 Times the Price It Sold for in 2021
A waterfront compound with Mediterranean-style primary estate, carriage house, and boat dock has just hit the market in Palm Beach for an astonishing $105 million—more than 250% higher than the price it sold for just five years ago. The property, which has soared to the top of the week's most expens
A Portrait of the Modern American Landlord: More Than Half of Rental Property Owners Are Small-Time Investors—and New to the Market
Just months before their wedding, Hilary Reiter Azzaretti and her then-fiance moved in together and inadvertently stumbled into a lucrative line of work as landlords in Utah's most prestigious ski town. "We live in Park City, and the condo he was living in is in an incredible location, walking dista
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