Larry Ellison To List Lavish Oceanfront Florida Property for $165 Million

Billionaire Oracle co-founder Larry Ellison is planning to bid farewell to his sprawling waterfront property in Florida, with hopes to fetch $165 million. Ellison snapped up the palatial pad back in 2021 for $80 million with the intention of tearing it down. However, over a year later, he tested the

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