A Chicago real estate developer was sentenced to six years and eight months in prison for participating in a conspiracy that embezzled millions of dollars from the failed Washington Federal Bank for Savings. Washington Federal was based in Chicago’s Bridgeport...
T-Max Lending LLC, a provider or residential and commercial loan products, has relocated its corporate headquarters from San Diego to Sacramento. In a statement, the company said the relocation places it “at the heart of California’s government and financial...
The US economy added 177,000 jobs in April, a stronger than expected number, and Lawrence Yun, chief economist of the National Association of Realtors (NAR), stated this was evidence of a healthy economy. “Income growth is outpacing consumer price inflation,” said Yun...
Boxing legend Floyd Mayweather announced that he has filed a $100 million defamation lawsuit against Business Insider, its parent company Insider Inc., and reporter Daniel Geiger, alleging they published a knowingly false and defamatory article that misrepresented...
Developers obtained permits to build 12.4 multifamily housing units for every 10,000 people in during 2024, according to a new data report from Redfin (NASDAQ: RDFN). Last year’s figures marked a 27.1% decline from 17 units per 10,000 people during the pandemic-era...
Six Flags Entertainment Corporation (NYSE: FUN) is closing its Six Flags America and Hurricane Harbor amusement park in Bowie, Maryland, after the 2025 operating season. Promoted as “DC’s Thrill Capital,” the property will be sold for redevelopment as part of Six...
