By many measures, downtown Los Angeles’ newest apartment tower is over the top with such gilded flourishes as stone tiles from Spain lining the elevator cabs and hand-troweled Italian plaster on interior walls. Hummingbirds have somehow found the fruit-laden trees decorating the outdoor lounge on the 41st floor.

For Stuart Morkun, the ...Read more

As Republican presidential candidate and former president Donald Trump navigates multiple criminal and civil trials levied against him, his professional net worth and assets have come into the spotlight.

In Las Vegas, Trump — along with business partner Phil Ruffin — is the co-owner of Trump International Hotel, a 64-story, 1,282-room ...Read more

Score a victory for Mayberry. America’s small towns, like the iconic setting of television’s The Andy Griffith Show from the 1960s, saw more in-migration in 2023 than larger areas for the first time in decades.

The remote work boom that prompted Americans to flee urban areas for mountain hamlets and seaside towns during the pandemic ...Read more

One of California’s largest home insurers is raising rates for hundreds of thousands of state policyholders by an average of 15.3%, the latest move by a major insurer to boost homeowners’ premiums in the face of growing wildfire risk.

Travelers Insurance, the state’s sixth-largest home insurer as of 2022, plans to update rates for roughly...Read more

Rents in most major U.S. metropolitan areas have risen some 1.5 times faster than wages in the last four years, according to an analysis by Zillow Group Inc.

Nationwide, rents climbed 30.4% while incomes expanded 20.2% from 2019 to 2023, data from Zillow, StreetEasy and the Bureau of Labor Statistics show. Florida, a migration hot spot, had ...Read more

Berkshire Hathaway shareholders flocked to Omaha, Nebraska, on Saturday to hear from CEO Warren Buffett and other Berkshire executives. For about 5 hours, Buffett took questions on Berkshire’s many businesses, investing and life in general.

The meeting included a video tribute to Buffett’s longtime partner and Berkshire vice-chairman ...Read more

More than 90% of stablecoin transaction volumes aren’t coming from genuine users, according to a new metric co-developed by Visa Inc., suggesting such crypto tokens may be far away from becoming a commonly used means of payment.

The dashboard from Visa and Allium Labs is designed to strip out transactions initiated by bots and large-scale ...Read more

Debbie Lindh leaned forward in a chair on the front porch of her Grass Valley, California, home and pointed at the house directly across a narrow street.

Lindh, 71, and her husband were recently told State Farm will no longer insure their property near the city’s downtown.

Yet the neighbor across the street is not losing coverage. Her ...Read more

LOS ANGELES -- Unlike European kitchens, which are designed for efficiency rather than luxury, American kitchens often emphasize open-concept designs simply because they are larger.

But now that people are adding accessory dwelling units, or ADUs, in their backyards to house family members and generate passive income, the European model is ...Read more

Around 2 million New Yorkers living in stabilized apartments will likely see their rents climb for the third year in a row, after the board tasked with setting rates okayed a range of possible hikes at a raucous preliminary vote on Tuesday — as tenants and their board representatives walked out in protest.

The rest of the Rent Guidelines ...Read more

At the start of the year, the nation’s top economists thought the Federal Reserve would be using its May rate announcement to tee up the first cut of its fiercest inflation-fighting regime in 40 years.

Now, as inflation stays more stubborn than expected, they’re wondering whether those cuts are delayed — or completely canceled.

It’s ...Read more

Sara Kemper and Betsy Ohrn have been besties since first grade, so they've shared a lot through the years: even the mortgage on a St. Paul house that's much larger and grander than anything they could have afforded individually.

"We needed something we could grow into," said Kemper, recalling the house-shopping wish list she, Ohrn and their ...Read more

The often-cited goal of having a $1 million retirement nest egg needs to be retired itself. Adjusted for inflation, it would take nearly $1.9 million to have the same purchasing power today as in 1999, when the oldest of millennials were just turning 18. Granted, $1 million still sounds like a lofty sum to many Americans, which could be why so ...Read more

A controversial housing law that abolished single-family zoning across California has been ruled unconstitutional by a Los Angeles County judge — but the narrow ruling is likely to be appealed by the state.

Passed in 2021, SB 9 allows single-family homeowners to split their lots in two and build two homes on each lot — allowing up to four ...Read more

Mortgage rates in the U.S. increased for a fourth straight week.

The average for a 30-year, fixed loan was 7.17%, up from 7.1% last week, Freddie Mac said in a statement Thursday.

House hunters looking to land a deal during the typically busy spring season are having to dig deeper to afford a purchase. Borrowing costs have climbed fairly ...Read more