Federal Reserve Chairman Jerome Powell announced the Department of Justice (DOJ) has served the central bank with grand jury subpoenas related to his testimony last June before the Senate Banking Committee related to the renovation of the Fed’s headquarters. In an...
A pair of unexpected housing policy proposals, an unfair accusation against a hotel chain, and an unlikely new theme park. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Jan. 5-9. Hit: Who Saw That Coming? The biggest...
Single-family housing starts in October came in at a rate of 874,000, according to data from the US Census Bureau and Department of Housing and Urban Development; the report was delayed by the 43-day government shutdown. October’s level was 5.4% above the revised...
Buffalo Bills fans will be able to own parts of Highmark Stadium, which is being shuttered as the team prepares to move into a new $2.1 billion stadium in the fall. TMZ reports the Bills has contracted the sports memorabilia company CollectibleXchange to sell...
A 140-acre golf course in Massachusetts has been sold for $24.8 million to a solar energy developer who plans to install 30 megawatts of photovoltaic systems at the site. The Worcester Business Journal reports the Maplegate Country Club, located in Franklin and...
A pastor in Chattanooga, Tennessee, who runs a real estate investment coaching business was sentenced to 30 months for coordinating a $1.8 million Covid-19 employment fraud scam that included a real estate firm he owned. Ricky Lee Taylor Jr., a former University of...