A member of the NYC Rent Guidelines Board resigned hours before the board was scheduled to vote on Mayor Mamdani’s promise of a rent freeze for stabilized tenants, saying the panel’s work had become corrupted as it pursued a preordained political outcome.

Christina Smyth, a landlord representative on the board reappointed by ex-Mayor Adams ...Read more

More than a third of short-term rental properties like Airbnb and VRBO in Philadelphia have licensing issues, according to a new report from the City Controller’s office released Tuesday.

The controller found that of 3,734 analyzed licenses associated with short-term rentals, 1,327 were expired or noncompliant.

“Short-term rentals are an ...Read more

Elon Musk is no stranger to financial alchemy. His latest feat: adding billions of dollars of debt onto his cash-burning business empire while simultaneously cutting its annual interest burden.

SpaceX sold $25 billion of investment-grade bonds on Tuesday, marking the final step to replace the costly debt that had helped finance Musk’s 2022 ...Read more

Tech stocks took another big hit Tuesday as investors sold off shares of companies that have powered the artificial intelligence boom.

Technology companies have been spending billions of dollars investing in data centers and infrastructure needed to support the race to advance AI. But sky-high valuations and geopolitical tensions have some ...Read more

Shares in Elon Musk's rocket company SpaceX halted their three-day slide that had erased roughly $600 billion off its market value.

SpaceX shares closed at $156.11 with a nearly 1% gain on Tuesday, a slight recovery from a 16% fall on Monday.

That loss dropped the stock below $160.95, where it ended the day June 12 after a 19% surge during ...Read more

The Massachusetts Supreme Judicial Court struck down a ballot proposal that would have imposed the strictest statewide rent control in the US.

The measure sought to limit apartment rent increases to 5% or the annual gain in the Consumer Price Index, whichever is lower. The proposal can’t go before voters in November because it includes an ...Read more

Rents in the Las Vegas Valley continue to decline despite most of the rest of the country starting to flatten out, according to a new study.

May’s rental report from rental marketplace Zumper shows that most all of the areas in the valley have seen declining rental rates both month over month and year over year. The biggest drop year over ...Read more

Water-hungry lawns are symbols of Los Angeles' past. In this series , we spotlight yards with alternative, low-water landscaping built for the future.

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LOS ANGELES -- Julia Lee had no need for a new garden when she and her husband purchased their Cheviot Hills home eight years ago. The traditional 1950 home came with mature tropical ...Read more

The American mall was once considered a dying relic of the pre-internet era, battered by e-commerce, shifting consumer habits and the collapse of traditional department stores.

But in Las Vegas and across the country, many malls are finding new life by reinventing themselves as destinations for entertainment, dining, fitness and community ...Read more

A shaded yard can feel like a lawn-care failure waiting to happen. Grass thins under trees, turns patchy near fences and sulks in damp corners where sunlight rarely reaches the soil. Homeowners respond with seed, fertilizer, lime, raking, watering and hope. Then the same bare spots return.

At some point, the better question is not, “How do I ...Read more

SpaceX shares jumped in their second day of trading, adding to gains following a blockbuster debut that instantly vaulted it into the ranks of the world’s most valuable public companies.

The stock climbed 20%, extending Friday’s 19% rally, to add $412 billion in market value. Shares closed at $192.46 on Monday, more than 42% above their $...Read more

For years, crypto firms have argued that blockchain technology could create markets for private companies long before they reach Wall Street. SpaceX provided the industry’s biggest test yet. The results were mixed.

Ahead of the largest IPO in history, perpetual futures tied to Elon Musk’s rocket company gave traders a live — and ...Read more