The U.S. housing market is firming up in the wake of Federal Reserve interest-rate cuts, U.K. election spending pledges come too late for many, and Japanese companies are still hoarding cash.
WeWork’s chairman outlined a five-year turnaround plan at a meeting with employees Friday and introduced new additions to the executive team.
The real estate market in downtown Los Angeles is taking a hit as Chinese cash dries up.
Terry Winston knew the credit-card bills were nonsense, but her difficulty proving it in court shows how America’s two-tiered justice system -- one for those who can pay for a lawyer, the other for those who can’t -- has spread to civil litigation.
Boris Johnson’s Conservatives pledged to increase the tax paid by foreign buyers of U.K. homes to dampen demand and make it easier for first-time buyers, as the major parties focus on domestic issues ahead of leadership questions on the BBC this evening. It follows Labour’s commitment to build at least 150,000 additional council and social homes per year.
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