Warehousing, construction notch November job gains
Job growth was tepid last month, with the U.S. economy adding back just 210,000 positions in November, but of...
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Orion Jones
Workers return to offices as jobs recovery accelerates
The stop-and-go jobs recovery was on the move again last month. The U.S. economy added 531,000 new jobs in...
iBuying? No, iSelling as investors dump Zillow shares
Zillow’s faulty trading algorithm, which caused it to overpay for thousands of homes, left investors feeling they paid too...
San Francisco
Larry Ellison’s investment arm buys Hyatt resort in Lake Tahoe for $345M
Oracle co-founder Larry Ellison acquired a waterfront resort in Lake Tahoe’s Incline Village neighborhood for $345 million, representing one...
Pandemic paralysis: Delta continues to impede hotel, restaurant recovery
The Delta variant continues to stall recovery in the hospitality sector, as hotels, restaurants and bars added a mere...
September slump sends real estate stocks back to July
It wasn’t exactly a September to remember for investors in property stocks. Shares of real estate companies descended from...
Real estate stocks slide as China spooks investors
China’s real estate sector rankled investors this week as the country’s second largest property developer missed a deadline to...
Robert Durst’s nephew sues family for cutting off trust payments
The courtroom drama surrounding the Durst family did not end with Robert Durst’s murder conviction in Los Angeles on...
Blackstone, Apollo, KKR take market hit on Evergrande tumult
Global investment firms with real estate holdings took a beating in markets on Monday as China Evergrande inched closer...
Delta variant slams door on hospitality hiring
Job growth in leisure and hospitality slowed to zero in August, pumping the brakes on an economic recovery that...