Nearly everyone thinks the Federal Reserve will cut interest rates this week. That sentiment has translated to falling mortgage rates. Last week, the average 30-year fixed rate dropped to 6.38%, according to Bankrate’s national survey of lenders. Rates haven’t been this low in nearly a year.

“These lower rates reflect growing market ...Read more

Artifical intelligence (AI) is likely to reshape our lives in as big a way as the internet did in the 1990s and smartphones did in the 2000s (scary or exciting as that may be). That means changes to your regular life and your banking life, too. You’re likely encountering AI in your financial life already, with or without knowing it.

Banks ...Read more

When their working days eventually come to an end, many retirees will think about the best place to spend their golden years. Not all states treat retirement income — such as pension payouts or distributions from 401(k) plans and IRAs — the same way, which makes state and local taxes a key consideration for anyone expecting to be on a fixed ...Read more

A report recently released by real estate company Redfin makes a startling claim: San Francisco's housing costs have returned to "normal."

The City by the Bay, consistently ranked as one of the most expensive in the U.S., has seen signs that the housing market is leveling out: Home-price growth is slowing and mortgage rates are starting to fall...Read more

The bust last month of members of an alleged organized retail theft ring in California that Home Depot said was the largest in its history was the result of a corporate investigation years in the making.

In an exclusive interview with The Atlanta Journal-Constitution, a Home Depot official detailed how the company tracked the alleged members, ...Read more

The rule of 55 can benefit workers who have an employer-sponsored retirement account such as a 401(k) and are looking to retire early or need access to the funds if they’ve lost their job near the end of their career. It can be a lifeline for workers who need cash flow and lack other viable alternatives.

Here’s how the rule of 55 works and ...Read more

LOS ANGELES — An unlikely corner of one of L.A.'s once-famous/now-dead malls is open for business again this week as residents move into luxury apartments on the spot that used to be a Macy's parking lot.

The Westside Pavilion was one of the city's premier shopping venues and a cultural touchstone for generations of Angelenos, appearing in ...Read more

Skanska USA Building builds big. One of the 10 largest general contractors in the United States, its Swedish owners bought Blue Bell-based Barclay White in 2000; added their name and capital; built a national staff of engineers, architects, and managers; and now have offices directing construction in New York and California, Texas and Florida, ...Read more

Bernard Arnault is pressing ahead with two major developments on Rodeo Drive in Beverly Hills, tightening his grip on one of the world’s most exclusive retail corridors.

Arnault’s luxury conglomerate, LVMH Moët Hennessy Louis Vuitton SE, is planning a new Tiffany & Co. flagship store on the site of the old Luxe Hotel, which will be ...Read more

Home Depot has checked another box for its pending acquisition, a $5.5 billion deal to buy specialty building products distributor GMS Inc.

Home Depot said Friday it has received clearance from the Canadian Competition Bureau in the form of a “no-action” letter. Home Depot and GMS both do business in Canada.

Home Depot says it has now ...Read more

Forty percent of baby boomers fear they will outlive their retirement savings. Several recent studies suggest they are right to worry.

Seniors in 41 states are projected to have more expenses than income during their golden years, putting them at risk for outliving their retirement savings, according to a new study by Seniorly, an assisted ...Read more

Lights. Camera. Sold.

As new generations of homebuyers enter the housing market, real estate agents are adapting their marketing strategies to win their attention — and business.

Agents, once popping up on highway billboards and showing up at community events to draw homebuyers and sellers, are now building influencer-like presence on social...Read more

After two years of inconsistent revenue, Twin Cities real estate agent Bryan Clapper decided to promote himself on social media armed with only his wits, video production skills and snarky personality.

In January, he posted a now viral pitch that Canada annex Minnesota (“We’re the only state whose motto is in French!”). This spring, he ...Read more

Pennsylvania is one of two states where the typical newly constructed home costs more than twice as much as the typical existing home, according to LendingTree, an online lending marketplace.

Municipalities’ approaches to development and the cost and availability of land help explain why, said Andrew Kaye, who has spent almost four decades in...Read more

Just seven months after graduating from business school, I made the final payment on my $72,000 student loan balance. It wasn’t easy — it took extra hustle, long days and sacrifice — but I wouldn’t trade it for the world. I thought our journey to debt payoff would be done after we paid off the student loans, but we took it a step further...Read more

The S&P 500 has had a nice run over the last few years, and the big-name tech stocks that everyone knows — Apple, Microsoft and Nvidia, among others — have led the charge higher. But which stocks may have been unfairly overlooked in that fast-and-furious rally? Below are some timely suggestions, as well as some perennial spots for finding ...Read more

A Dallas-based, Wall Street-traded firm owns 3,397 rental homes in the Las Vegas Valley, according to the company.

Invitation Homes, a publicly traded real estate investment trust, confirmed the number in an email response to the Las Vegas Review-Journal. The company, with a current market cap of $18.5 billion, owns approximately 85,138 homes ...Read more