Fed Rate Hike in October Looks Less Likely After Weak Jobs Report
Coming off an unexpected surge in August, the U.S. labor market stumbled in September, adding just 29,000 new jobs as the unemployment rate edged up to 4.2%. According to the latest report from the Bureau of Labor Statistics, released Friday, economic recovery suffered a setback at the start of fal
Homebuyers Gain the Upper Hand as Active Listings Surge—With the Biggest Increases in These 3 Cities
While surging mortgage rates have diminished buying power for many this fall, the well-prepared and savvy home shoppers can still find attractive opportunities out there—if they know where to look and how to use the shifting market conditions to their advantage. September saw the growth of for-sale
Miami Developer Gets 11 Years in Prison for $89 Million Investor Scam To Fund His Lavish Lifestyle
A real estate developer in Miami was sentenced to more than 11 years in federal prison after defrauding investors out of approximately $89 million. Rishi Kapoor, 41, used investor money to fund a lavish lifestyle, making purchases including a 2.8-carat diamond ring, a 68-foot yacht, and a $5.9 milli
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