Managing Editor @wealth. Billionaires, personal finance, real estate. Still watch the yield curve. CFA Charterholder. #GoCats. Email: [email protected]
The Secretary’s plan has “modified” the cited provisions only in the same sense that “the French Revolution ‘modified’ the status of the French nobility.”
Student-loan relief struck down.
https://t.co/h93UBBx3jw
Early paydays, zero fees. Not a loan. It all sounds pretty great.
But Earned Wage Access is getting many Americans into trouble. Critics say the costs can pile up and are tantamount to a 330% interest rate.
by @PaulinaCachero
https://t.co/Em9uUfb4Tt
5,800 square feet in Greenwich Village for a bargain price: $4 million.
The catch? A tenant who can live there for life and pay $2,346.21 a month in rent.
https://t.co/F6I3zb0Nnr
For sale: century-old chateau on the French Riviera.
Previous owner: One of Russia's best-known oligarchs who has been dead for years.
Estimated price: $100 million
https://t.co/iL4KGSVXov
From San Francisco to Hong Kong, higher interest rates and falling property values are brewing trouble for the commercial real estate market https://t.co/2e0Ahj3kAS
Distress is spreading in the US commercial real estate industry, with the amount of troubled assets climbing to nearly $64 billion in the first quarter of this year https://t.co/16ImXAnYwx
JPMorgan's public fight over having Jeffrey Epstein as a client has put a new level of scrutiny on the bank's ultimate survivor: billionaire whisperer Mary Erdoes https://t.co/2gqC148Yle
Thousands of Americans moved to Portugal in the last 3 years, lured by the coastal nation’s cheap real estate, tax advantages and relaxed lifestyle.
But now, the honeymoon period is over. @AliceKantor explains https://t.co/6Y3KYjlXe2
🎙Sam Bankman Fried seemed to be living a dream life in the Bahamas. He was barely 30 — and a billionaire.
And then it it all came crashing down. @business and @WonderyMedia present Spellcaster, out now https://t.co/vcg1zhELYF
Bernard Arnault had $11.2 billion wiped from his fortune in one day over concerns that a softening US economy will dampen demand for LVMH's luxury goods https://t.co/wukOCJXTZs
Confirmed with sources that Instagram is working on a Twitter competitor (a separate app) for release this summer. It might eventually be compatible with open solutions like Mastodon. Credit to @liahaberman@MattNavarra@CaseyNewton for earlier deets https://t.co/f2KNITGZy6
Michael Flacks has carved out a niche for discreetly snapping up bargains, with his acquisitions in the last four years alone now worth more than $250 million https://t.co/UUcOeV2DQX