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Tesla fans go all in driving $300 billion rally on Trump win
Tesla Inc. fans have been reinvigorated by Donald Trump’s presidential triumph. The stock’s climb has been seemingly unstoppable as investors pile into the shares, confident that a second Trump term will bring windfalls to the Elon Musk-led electric vehicle maker.
All together, the stock has advanced over 39%, adding more than $300 billion ...Read more
Inherited IRA rules: 7 things all beneficiaries must know
An inherited IRA may be the most complex issue to handle well when wrapping up an estate. If you’ve recently inherited an individual retirement account, you can find yourself at the tricky three-way intersection of estate planning, financial planning and tax planning. One wrong decision can lead to expensive consequences, and good luck trying ...Read more
Trillion-dollar companies: 9 most valuable mega-cap stocks
The most valuable companies in the world have grown to impressive heights in recent years, with nine publicly traded companies reaching market capitalizations of roughly $1 trillion or more. All but one of the companies come from the tech sector, with many offering products and services that consumers use every day. Several of them also made it ...Read more
Real estate Q&A: Who's responsible for hedge damaged by landscaper?
Q: The landscaper hired by our HOA for the community damaged a large hedge in our yard that now must be replaced. My HOA says the damage is not their responsibility and that I must resolve the problem myself. Do I have to deal directly with the landscape company? —Jo Ann
A: No, your community association will need to deal with this problem. ...Read more
Las Vegas real estate market on 'wild ride' for past 5 years: Zillow
Las Vegas’ residential real estate market has been on a “wild ride” for the past five years but could finally be getting off the roller coaster ride that started during the pandemic, according to new statistical analysis from Zillow.
The Las Vegas market recently entered more “balanced territory,” said Kara Ng, a senior economist with...Read more
Other cities want less self-storage. Philadelphia can't get enough of it
PHILADELPHIA — On a windblown stretch of the Delaware riverfront in late September, an array of local leaders lined up to praise a new use for Pier 40.
After sitting derelict for years, the monumental Beaux-Arts remnant of Philadelphia’s industrial history was sold to PrimeSpace Capital, and the New York-based developer refurbished its ...Read more
After a century, concrete plant that helped build LA makes way for a deluxe tower
If the new apartment tower had been planned for another plot of land, chances are good the concrete plant in the middle of the city would have helped build it.
But, as it happens, the century-old facility on La Brea Avenue that has provided concrete for buildings and roads across the Los Angeles region sat where the tower is to go up.
Now, the...Read more
Older home buyers, more cash, and (relatively) fewer first-timers: A national survey sheds light on the state of the housing market
Rising home prices are continuing both to benefit established homeowners and to challenge buyers trying to purchase their first home, according to the National Association of Realtors’ annual report surveying buyers and sellers.
“The U.S. housing market is split into two groups: first-time buyers struggling to enter the market and current ...Read more
Economic opportunity or environmental burden? Massive proposed real estate project ignites debate in Chicago
A massive commercial real estate project proposed for Chicago’s Southeast Side remains in limbo as its planners battle environmental activists over how best to rebuild the area’s economy.
A group backed by the Ozinga family wants to burrow several hundred feet beneath a contaminated former steel mill site and create a 6 million-square-foot ...Read more
Business and civic leaders remember Home Depot co-founder Bernie Marcus
Bernie Marcus made his billions co-founding Home Depot with his partner Arthur Blank, creating one of the largest companies in Georgia. But civic and business leaders in the state remembered him for much more than his homegrown retail empire.
Known as an eternal optimist, a tough-as-nails negotiator and a natural salesperson, Marcus, a pillar ...Read more
How to approach a season of excess with financial responsibility
Americans are expected to spend a record amount (between $979.5 billion and $989 billion) on holiday gifts and décor this November and December, according to the National Retail Federation. Inflation and high interest rates are important parts of the story, but there’s not much evidence that people are planning to cut back, either.
Only 1 in...Read more
November Fed meeting preview: The Fed eyes another rate cut as elections, hurricane uncertainties loom
Imagine driving a car with a windshield so muddy that your only choice is to look through the rearview mirror. It’s challenging to discern where you’re going solely based on where you’ve been. When judging what to do with interest rates, however, the Federal Reserve has no other choice.
The U.S. economy is looking a little bit brighter ...Read more
Las Vegas' housing crisis taking center stage this presidential election
The Las Vegas Valley’s affordability and housing crisis is taking center stage this presidential election, a UNLV political scientist, said.
One demographic, in particular, should be paid close attention to as the election nears: Latinos, said John Tuman, executive associate dean of the College of Liberal Arts and professor of political ...Read more
Microsoft buys North Carolina megasite near the Research Triangle, but won't say why
One of the world’s most valuable companies took a North Carolina megasite off the market this week as Microsoft notified local officials on Thursday it had completed a $27 million purchase of the Person County Mega Park.
The 1,350-acre site sits below the Virginia border, about an hour’s drive north of Durham. Person officials said they ...Read more
Real estate Q&A: How do I convince HOA to enforce 'quiet time' rules?
Q: My downstairs neighbor often hangs out on his porch, which is directly under ours, and due to his drinking and smoking pot, we hear loud, explicit conversations into the early morning hours at least twice a month. Our bylaws state that “quiet time” is between 10 p.m. and 7 a.m., but the HOA says they can only send him a reminder letter. I...Read more
San Diego's life science office buildings are sitting vacant. 'We just oversubscribed on space'
A couple of years ago, life science companies were fighting for office leases and developers couldn’t meet the demand fast enough. But now, that hunger for square footage has diminished, and the region’s available office and lab buildings have swelled to an all-time high.
The county’s total vacancy rate climbed to 20.4%, according to a ...Read more
The obscure earthquake flaw in California homes, and how to know if you have it
LOS ANGELES -- There could be hidden earthquake flaws in your single-family home in California — enough to be ruinous and possibly deadly in the next big earthquake.
One of the dangers may come as a surprise to homeowners, as even relatively newer homes may have this defect.
The soft-story seismic defect in houses
Built before 2000, they're...Read more
Landlords pile 'junk fees' on Colorado renters, sometimes adding hundreds to advertised prices
Franklin Ramirez felt duped.
When he moved to Denver a little more than a year ago, he was told monthly rent at his two-bedroom, two-bathroom apartment in the downtown Civic Lofts building cost $2,355.
Then came the monthly fees.
Ramirez pays nearly $25 a month for “valet trash,” in which someone collects garbage outside the apartment ...Read more
Trump vs. Harris: How tariff policy impacts your portfolio
Tariffs have been a political economic talking point throughout the 2024 presidential election.
Although former president Donald Trump and vice president Kamala Harris offer different campaign proposals, the Republican and Democratic parties have both leveraged tariffs in recent years in an attempt to safeguard American manufacturers against ...Read more
Social Security benefits in 2025: 5 big changes retirees should plan for
If you’re retired or planning to retire soon, it’s important to have a plan for your retirement income. For most people, Social Security will play a significant role in this plan, so staying up to date on the latest benefits information is crucial.
The Social Security Administration (SSA) recently announced several key changes to the ...Read more
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