ArcaMax

Private credit firms want more than corporate lending. The largest are laying the groundwork to finance everything from auto loans and residential mortgages to chip manufacturing and data centers in an effort to swell the size of the market by the trillions.

It’s part of a race to grab a bigger share of a universe of potential investments ...Read more

Existing-home sales in the U.S. topped a rate of 4 million in November for the first time in six months as house hunters begrudgingly accept mortgage rates above 6%.

Contract closings increased 4.8% to an annualized rate of 4.15 million in November, the most since March, according to data released Thursday by the National Association of ...Read more

Q: Our neighborhood has a few recreationalists who like to fly drones. One likes to fly near people’s houses at night — sometimes at altitude levels even with the home’s windows. We all know that drones are equipped with cameras. It can’t be right to allow such invasions of privacy. What are our rights, and what can be done? — Alan

A:...Read more

LOS ANGELES — Rising steeply above a ravine in the Hollywood Hills, Nina and Andreas Grueter’s concrete home conjures a villain’s lair in a James Bond thriller — John Lautner’s Brutalist Elrod House in “Diamonds Are Forever” comes to mind — with the nearby Hollywood sign adding to its cinematic allure.

For some, a narrow ...Read more

Morgan Stanley’s E*Trade is planning a suite of free funds, with a catch — only customers of the brokerage platform would be able to buy them.

The firm submitted plans on Monday for five mutual funds spanning stocks and bonds, according to a filing with the Securities and Exchange Commission. While all five funds would be zero-cost, buying ...Read more

The subject line of a press release this month from Weld County, Colorado, was stark and foreboding: “County’s assessed value sees 20% decrease.”

The cratering of taxable property value in the large county that hugs metro Denver’s northeast corner — from nearly $25 billion in 2023 to just under $20 billion this year — would probably...Read more

Many Americans spend a sizable amount of their income to keep a roof over their heads, food on the table and a means of transportation. Other items commonly found in household budgets include education, child care, health care, retirement savings and entertainment.

Inflation has cooled significantly from its 40-year-high in 2022, yet prices ...Read more

Warren Buffett is among the greatest investors of all time. His company, Berkshire Hathaway, has returned around 20% annually since Buffett took over in the 1960s, trouncing the S&P 500’s annual return over that time period.

In 2024, Buffett has sold shares in some longtime holdings, such as Apple and Bank of America. The sales helped push ...Read more

With the ink dry on the County of Los Angeles' $200-million purchase of the Gas Company Tower office building downtown, a fight is brewing over what to do with the 1960s-vintage headquarters it plans to leave behind.

Supervisor Janice Hahn and preservationists are pushing back against a plan to move workers into the newly purchased skyscraper ...Read more

Farmers Insurance plans to increase the number of homeowners insurance policies it will write and begin offering coverage again for new customers in other types of dwellings, citing improvements in California's home insurance market.

The Los Angeles-based company, the state's second-largest home insurer, said it will boost the number of ...Read more

Q: Our neighbor in the adjoining townhouse keeps multiple pets and does not take very good care of them. We can clearly smell the bad odor which ruins our backyard experience. Still, we kept quiet because she was otherwise a good neighbor, and we got along. Recently, she took in what we believe is a bobcat, and we are concerned it may be ...Read more

Investors have purchased approximately 131,710 homes in the Las Vegas Valley since the start of 2000, according to data obtained by the Las Vegas Review-Journal.

The valley posted the biggest increase of investor home purchases in the nation in the third quarter compared to the same quarter last year, at 27.6 percent, Redfin’s economic ...Read more

A record low number of households in the U.S. are unbanked, according to the 2023 Federal Deposit Insurance Corp. (FDIC) National Survey of Unbanked and Underbanked Households released Nov. 12, 2024. A household in which no members have a bank account, is how unbanked is defined by the FDIC.

This number has steadily decreased — from its ...Read more