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Investors pitch new international basketball league that would offer players equity
A group of high powered investors want to raise billions to form a new international basketball league, according to people familiar with the matter.NBC News - Jan. 16 -
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Investors pitch new international basketball league that would offer players equity
The investors are looking to raise $5 billion to start a basketball league that could offer players equity to potentially lure them away from the NBA.CNBC - Jan. 16 -
Morgan Stanley more bullish on M&A as equity and bond revenues climb
Morgan Stanley beats earnings expectations amid strength in its equity and bond businesses.MarketWatch - Jan. 16 -
3 smart ways to use your home equity in 2025
Borrowing from your home equity could save you money this year. Here's how.CBS News - Jan. 16 -
Morgan Stanley tops estimates on strong equities and fixed income trading revenue
The bank's massive wealth management business will be helped by high stock market values in the fourth quarter, which inflates the management fees it collects.CNBC - Jan. 16 -
What do bond yields mean for equity investors?
Some stocks avoid ripples in the fixed income marketFinancial Times - Jan. 16 -
Couple in their 80s saves home from LA fires
Instead of evacuating, Susan Salser, 85, and her husband, Winston Salser, 86, decided to stay planted and protect their Pacific Palisades home from the blazing inferno.ABC News - Jan. 15 -
Home equity loans dos and don'ts to know for 2025
Considering a home equity loan this year? Here's what you should (and shouldn't) do right now.CBS News - Jan. 15 -
Private equity firm Providence weighs £1bn sale in latest events transaction
Company in early-stage deliberations over sale of CloserStill amid surging demand for conferencesFinancial Times - Jan. 15 -
Celebrities who lost their homes in the L.A. fires
Multiple stars have lost their homes to the flames, which began in Pacific Palisades Jan. 7 and quickly spread to Malibu and Santa Monica.MarketWatch - Jan. 13 -
Asset managers turn to defensive positioning as equity prices soar
Elevated level of stocks and prospect of higher for longer rates have some firms sending up caution flaresFinancial Times - Jan. 13 -
Lakers, Clips expected to resume home slate Mon.
After the postponement of three games in the L.A. area due to ongoing wildfires, the Lakers and the Clippers are expected to return to action with home games Monday.ESPN - Jan. 13 -
‘I will gain no equity’: My boyfriend is buying a townhouse. How much should I pay him in rent?
“My partner earns about $60,000 a year. I earn about 25% more than he does.’MarketWatch - Jan. 12 -
Private equity targets Europe for big buyout deals
Total value of large private equity deals in Europe increased at twice the rate of the rest of world in 2024Financial Times - Jan. 12 -
The Surprising Grief of Having Your Home Survive a Wildfire
For people whose homes are spared in a wildfire while their neighbors lose everything, the road ahead can be isolating, plagued by feelings of guilt and shame.The New York Times - Jan. 12 -
Private equity in 401(k) plans? ‘Highly risky’ for the average investor.
The private-equity industry wants more access to retirement accounts.MarketWatch - Jan. 11 -
Lakers coach Redick loses home in LA wildfires
Los Angeles Lakers head coach JJ Redick describes the "devastation and destruction" after losing his home in the LA wildfires.BBC News - Jan. 11 -
Why Singapore’s First Family Is Locked in a Bitter Feud Over a House
A son of the country’s founding father says he has been persecuted by the government because of a feud with his older brother, who until May was prime minister.The New York Times - Jan. 11 -
Why you should get a home equity loan for spring projects now
Considering a home equity loan to pay for your planned spring projects? Here's why you should start the process now.CBS News - Jan. 10 -
2 ways to use your home equity in 2025 (and 2 to avoid)
Home equity loans and HELOCs can be valuable financial tools in 2025 if used for these specific reasons.CBS News - Jan. 10 -
Lakers' Redick loses home; Kerr: Fires 'surreal'
The Hornets-Lakers game was postponed because of the wildfires in the L.A. area that have claimed over 5,000 structures, including the home of Lakers coach JJ Redick.ESPN - Jan. 10 -
Will a home equity loan or HELOC be better this January?
The decision between the two popular home equity borrowing options will depend on these factors now.CBS News - Jan. 10 -
Taiwan's Lock-Kneed Soldiers Kick Up a Fuss Over Tabooed Tradition
Goose-stepping has a bad rap in the West, thanks to Nazi Germany. In Taiwan, it’s a beloved tradition that army veterans are fighting to keep.The Wall Street Journal - Jan. 10 -
Earle-Sears locked in tight race with Democratic rivals in Virginia governor's race
Virginia Lt. Gov. Winsome Earle-Sears (R ) is locked in a tight race with her potential Democratic rivals in the state’s upcoming governor’s race, according to a new poll released on Friday. ...The Hill - Jan. 10 -
L.A. homes reduced to ashes amid fires
Tens of thousands in Los Angeles County are living a nightmare scenario as crews battle some of the worst wildfires the area has seen in years. CBS News correspondent Elise Preston reports and Mark ...CBS News - Jan. 9 -
Residents return to burned homes as LA fires rage on
Families are assessing the damage to their properties and communities as some of the fires are 0% contained.BBC News - Jan. 9 -
What's a good home equity loan interest rate in 2025?
With the interest rate climate changing again, it helps borrowers to know what a good home equity loan rate is now.CBS News - Jan. 9 -
Hochul Seeks to Limit Private-Equity Ownership of Homes in New York
Widespread purchases of single-family homes by institutional investors may be contributing to soaring housing prices and low vacancy rates across the country.The New York Times - Jan. 9 -
Multiple homes on fire in Studio City
KNBC's Julia Deng reports that multiple homes are on fire on Sunswept Drive in the Studio City area of Los Angeles, with the flames threatening a hillside behind the homes.NBC News - Jan. 9 -
NHL postpones Kings' home game due to wildfires
The NHL postponed the Los Angeles Kings' home game against the Calgary Flames on Wednesday with several massive wildfires still burning across the greater Los Angeles area.ESPN - Jan. 8 -
Eaton Fire consumes homes in Altadena, Pasadena
The Eaton Fire has burned more than 10,000 acres in northeast Los Angeles County, forcing about 33,000 residents to flee. It has torched homes and burned houses of worship in the communities of ...CBS News - Jan. 8 -
Uncontained Fire Threatens Pacific Palisades Homes and Businesses
The blaze tearing through the posh neighborhood nestled above the Pacific Ocean has already consumed over 10 percent of area, and remains out of control.Inc. - Jan. 8 -
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Hot property: five homes in Veneto
From an apartment in a palazzo overlooking the Grand Canal to a castle in the medieval town of ConeglianoFinancial Times - Jan. 8 -
We're locking in roughly 100% gains on a stock that has fallen out of favor
The stock has been downgraded by three analysts this week.CNBC - Jan. 8 -
Private equity reduces patient care while enriching investors, Senate report finds
The Senate investigation of Apollo Global Management's purchase of Lifepoint Healthcare and Leonard Green & Partners' purchase of Prospect Medical Holdings reinforced the findings of past research.NBC News - Jan. 8