Nationally, home prices are rising at a slow pace as housing inventory remains relatively low. But some markets, particularly in the Midwest, are seeing big gains.
Remember those 1990s infomercials for the Ronco slow-cooking rotisserie oven? “Set It and Forget It” became a popular catchphrase and a game-changing convenience for working families. But when “set it and forget it” is applied to estate planning, it’s easy to get burned. How many of your clients finally get around to creating a will…
Asia’s wealth industry is entering a once-in-a-generation reset. The assets of Asia’s high-net-worth individuals (HNWIs) are growing fast, especially in wealth hubs such as the Hong Kong SAR and Singapore markets. At the same time, the requirements and expectations of HNWI clients in Asia are evolving. They are seeking liquidity when it matters (family support…
No surprises on inflation and new financing developments in the artificial intelligence trade drove the record-breaking action on Wall Street last week. The S & P 500 and Nasdaq both dropped modestly Friday but managed to post their third straight winning weeks. The S & P 500 rose above 7,800 during Thursday’s session for the…
In 2015, Alphabet (GOOG +0.19%) (GOOGL +0.36%) invested about $1 billion in Space Exploration Technologies (SPCX -4.72%), better known as SpaceX. As of the end of the second quarter, its stake was worth $94.1 billion, according to Alphabet’s second-quarter earnings release. A lot has changed at the rocket company over the decade-plus since Alphabet’s initial…
In 2018, Sterling partnered with Tangent Tangent Technologies was founded in 2003 The Sterling Group has sold Tangent Technologies, an Aurora, Illinois-based maker of materials used for outdoor living, site amenities, structural applications and marine decking. The buyer is Platinum Equity. No financial terms were disclosed. In 2018, Sterling partnered with Tangent. During Sterling’s ownership,…
French authorities have evacuated 525 people from the village of Luglon after a wildfire broke out in the southwestern Landes region, not far from an area already devastated by major blazes this summer. The fire, which has razed 1,100 hectares (2,700 acres) after it began on Thursday, has spread to within 2 km (1.2 miles)…
