L.A. Times - Business

Hot Property: Trevor Noah buys a $27.5-million mansion 2021-01-16 08:30:03From one modern mansion to another, 'The Daily Show' host Trevor Noah recently dropped $27.5 million on an 11,000-square-foot Bel-Air showplace.

Disneyland killed its annual pass program. Why, and 2021-01-16 08:00:49For Disney, ending the annual pass program might be "a blessing in disguise," a theme park expert says: Now the company can revamp the program to bo

Home of the Week: A Bel-Air showplace atop 2021-01-16 08:00:33A modern mansion above the Bel-Air Country Club combines massive living spaces and sleek amenities. Asking price: $38.5 million.

How the far right embraced a site started 2021-01-16 08:00:04Jeff Brain helped lead the 2002 San Fernando Valley secession movement. Now he's built CloutHub, a refuge for Trump supporters alienated by Twitter.

Russell Simmons seeks $5.5 million for New York 2021-01-15 19:12:44Three years after selling his L.A. home, embattled entrepreneur Russell Simmons is trying to unload his New York condo for $5.5 million.

Column: Confronting a racist past, Caltech will excise 2021-01-15 17:36:54Having traveled the difficult road of coming to terms with racism in its own past, Caltech on Friday said it would remove the names of Robert A. Milli

Dwyane Wade and Gabrielle Union trim Sherman Oaks 2021-01-15 16:21:57Former NBA star Dwyane Wade and actress Gabrielle Union just relisted their Mediterranean mansion in Sherman Oaks for $6 million.

Column: Scores of billionaires supported Trump, showing the 2021-01-15 14:17:05The billionaires who funded Trump's politics got their money's worth.

Beyond Meat signs a big lease. The rest 2021-01-15 10:46:11The COVID pandemic hurt the office leasing business, which in Los Angeles County had a tougher year in 2020 than during the worst of the Great Recessi

Some workers don't want a COVID-19 vaccine. Can 2021-01-15 09:00:11Many teachers, grocers and even some hospital employees are wary of the COVID-19 vaccine and don't want it. The question of mandatory vaccine require

Encino compound with Jackson 5 ties sells for 2021-01-15 09:00:08Marlon Jackson's former home in Encino, where the Jackson 5 recorded music, just sold for $3.45 million.

What will become of the Trump brand after 2021-01-15 08:00:38There's always a danger in tying a company's brand to a celebrity. For the Trump Organization, there may be no recovering from the toxic association

Economy

Private payrolls post first drop since April as 2021-01-06 08:26:22The decrease of 123,000 provided a stark sign that the U.S. economy had cooled considerably heading into the end of 2020.

Cash in circulation is soaring, and that usually 2021-01-06 08:01:00Currency in circulation soared at a rate unseen since World War II last year, providing what historically has been a good sign for the economy.

Mortgage demand from homebuyers pulled back sharply, even 2021-01-06 07:00:01The stunning surge in home buying demand, brought on by the coronavirus pandemic, may finally be easing up.

Home prices are rising faster in the middle 2021-01-04 10:19:54Home prices are rising across the nation, but the usual geographical trends are being turned on their heads by the coronavirus pandemic.

Weekly jobless claims fall for a second straight 2020-12-31 13:44:28The number of people filing for unemployment benefits for the first time unexpectedly fell last week, marking its second straight decline.

November new home sales fall more than expected, 2020-12-23 13:37:18Sales of newly built homes came in far weaker than expected for November, and builder stocks are not taking it well.

Weekly jobless claims rise less than expected, but 2020-12-23 09:27:56The number of first-time unemployment-benefits filers decelerated to 803,000 in the week ending Dec. 19.

Existing home sales decline for the first time 2020-12-22 10:48:47After five consecutive months of gains, closed sales of existing homes turned lower in November from October.

Weekly jobless claims unexpectedly rise, hit highest level 2020-12-17 09:53:17Jobless claims unexpectedly rose as lawmakers struggle to push through additional coronavirus stimulus measures.

NYT > Economy

When Can I Apply for a P.P.P. Loan? 2021-01-08 16:46:59A small group of lenders that focus on underserved borrowers will get priority when the Paycheck Protection Program resumes.

Fed Officials Debated Rate Liftoff in 2015, Offering 2021-01-08 14:24:11The Federal Reserve raised rates from near zero in 2015. The discussion back then — and developments since — will inform their future poli

Chinese Solar Companies Tied to Use of Forced 2021-01-08 13:47:50A new report shows some of the world’s biggest solar companies work with the Chinese government to absorb workers from Xinjiang, programs that a

The December Numbers Were Awful, but the Economy 2021-01-08 10:46:55Among the reasons for optimism: the prospect of widespread vaccination, and a Congress more open to stimulus spending.

Biden Selects Heads of Labor, Commerce and Small 2021-01-07 22:14:39With his victory secured, the president-elect moved to fill out his economic team.

After Riot, Business Leaders Reckon With Their Support 2021-01-07 18:36:09Many in corporate America endorsed the president’s economic policies, which were good for them and gave him mainstream business credibility. It

Unemployment Claims Show Continuing Pressure on Job Market 2021-01-07 17:38:28Employers remain cautious about hiring, one economist says, “but the resurgence of the virus is really the main culprit.”

Biden Picks Gina M. Raimondo for Commerce Secretary 2021-01-07 16:37:43The incoming administration will select Gina M. Raimondo, a moderate Democrat, to guide a sprawling department critical to business and technology.

Federal Reserve Officials Fretted Over Covid Surge at 2021-01-06 15:27:18Minutes from the central bank's December gathering show that the chair, Jerome H. Powell, and his colleagues were hoping for a 2021 rebound.

Here Are the 8 Chinese Apps Trump Banned 2021-01-06 05:38:24The White House took a surprise parting shot at China on Tuesday by banning the popular Chinese payment service and other applications.

The Pandemic Sank Auto Sales. Vaccines Could Bring 2021-01-05 18:15:35Carmakers say new models should also help lift the industry in 2021, after a 15 percent decline in its slowest year since it recovered from the Great

New York Real Estate Begins Its Recovery 2021-01-05 09:19:24Real estate sales picked up in the final months of 2020, but not enough to make up for the shutdown in the early months of the pandemic.

Business - The Huffington

1 House, 5 Grocery Store Workers And A 2020-12-23 07:18:11If you shop at Ralphs stores in San Diego, Raquel Salorio and her loved ones may be helping you get through the pandemic.

Apple Closes All 53 California Stores And A 2020-12-21 04:30:03It's also shuttering outlets in Mexico, Brazil and London.

Workers At These Companies Say They’re Still Not 2020-12-17 05:30:04Forty percent of workers at fast-food outlets and big-box stores say social distancing isn’t possible. About a quarter say customers aren’

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LIVE: Over 17,000 took shots on Day 2; 2021-01-17 08:44:06Coronavirus LIVE updates: Globally, more than 94 million people have been infected, of which, 10,558,710 are in India

LIVE: Shiv Sena decides to contest the West 2021-01-17 08:20:21Latest News LIVE: Kevadiya station is India's first railway station with a Green Building Certification. Stay tuned for Latest LIVE news updates

LIVE: Farmers allege NIA filing cases against those 2021-01-17 07:53:58Farmers' protest LIVE updates: Thousands of farmers, mainly from Punjab, Haryana and western Uttar Pradesh, are protesting at various border points o

Plea in Delhi High Court against Lakshmi Vilas 2021-01-17 05:05:45A plea in the Delhi High Court has challenged the scheme of amalgamation of Lakshmi Vilas Bank with Development Bank of Singapore (DBS), contending th

Franklin Templeton MF's 6 shut schemes generate Rs 2021-01-17 04:47:51Franklin Templeton Mutual Fund on Sunday said its six shut schemes have received Rs 13,789 crore from maturities, pre-payments and coupon payments sin

Parents of road accident victims entitled to compensation: 2021-01-17 04:31:30Parents are dependent on their children at some stage of life and it would be inequitable to deny compensation to those who lost their ward in a road

Most Indian IT firms to post high single-digit 2021-01-17 04:29:46The year 2021 will be good for India's information technology sector and most of the companies in the space are expected to clock high single digit

Ease fiscal deficit, look at higher spend for 2021-01-17 04:21:47Infra spending has thrice the desired impact, govt's Rs 111 trn National Infrastructure Pipeline should be speeded up, says Vineet Aggarwal

World Coronavirus Dispatch: How virus-laden aerosols flow inside 2021-01-17 03:51:48IMF chief urges green investment in post-virus recovery, Second wave surges across Africa, Japan's suicide rate up 16% in second wave and other pande

Excise duty collection jumps 48% this fiscal on 2021-01-17 03:47:34While the pandemic pummelled tax collection across the board, excise duty mop-up jumped 48 per cent in the current fiscal on the back of a record incr

DATA STORY: After Day 1, India's vaccination stood 2021-01-17 03:37:58India now accounts for 0.83% of all active cases globally (one in every 120 active cases), and 7.49% of all deaths (one in every 13 deaths)

Bank credit grows 3.2% to Rs 107 trillion 2021-01-17 03:32:23Bank credit grew 3.2 per cent to Rs 107.05 trillion in the first nine months of the current financial year, against a growth of 2.7 per cent registere

Insider.pro

UBS Warns Crypto Buyers Can Lose All Money 2021-01-15 16:31:35 the Swiss firm says in the long run the industry faces existential risks over regulatory uncertainty.

Bitcoin Faces Pressure as Mt.Gox Victims Can Finally 2021-01-15 14:00:33 The agreement means Mt.Gox's victims could finally claim a total of 137,891 BTCs.

Things to Consider Before Investing in Cryptocurrency 2021-01-15 13:46:33 Before getting involved with cryptocurrency, you need to know the basics.

Chainalysis: US Capitol Rioters Received Almost $1M in 2021-01-15 11:43:50 At least 13.5 BTC received Nick Fuentes, far-right political commentator, who was present outside the Capitol.

MicroStrategy CEO: BTC is More Attractive than Google 2021-01-15 08:41:54 Michael Saylor has pointed out large amounts of money are arriving to cryptos from traditional markets such as forex, stocks and bonds.

Tether's Bank Reveals it Invests Customer Funds in 2021-01-15 07:35:40 Deltec, the Bahamas-based bank in charge of storing Tether's reserves, has just revealed it has a significant investment in Bitcoin.

Mike Novogratz's Galaxy Digital Opens a Mining Division 2021-01-15 06:22:56 The Galaxy mining team is located in a data center in the United States.

Telegram Rejects Investment Offer That Values Company at 2021-01-15 05:03:28 A consortium of Western funds has offered to invest in the messaging service, however, Pavel Durov has declined the offer.

BTC is Unable to Stay Above $40,000 2021-01-15 03:49:55 What is happening today with the largest crypto in the market?

Coinbase Invests in Crypto Software Producer to Expand 2021-01-14 15:06:28 The size of investments from Coinbase Ventures remains unknown.

Pantera Capital: Bitcoin Will Rise 200% by August 2021-01-14 14:34:41 Morehead expects further adoption of the crypto market with billions of people coming into it.

OCC's Blockchain Advocate Brian Brooks Steps Down from 2021-01-14 13:13:25 Brooks says he is extremely proud of what the watchdog has accomplished through extraordinary times.

Economy

Trump backs down, signs stimulus package 2020-12-27 17:30:07A government shutdown was averted after the president approved the Covid relief package and annual spending bill.

Congress sends Covid package and spending measure to 2020-12-24 14:02:31The president has thrown the fate of the bill into jeopardy.

Fed enters Biden era with clipped wings and 2020-12-22 13:15:19Congress curbed the central bank's emergency lending despite the economy's continuing struggles.

Biden adds former Obama budget official, onetime Warren 2020-12-21 10:45:58Biden added that the appointees have “broad viewpoints on how to build a stronger and more inclusive middle class.”