Author: josh
Fed chair responds to ‘political pressure, intimidation’ by Trump’s Justice Department
Federal Reserve Chair Jerome Powell issued a rare warning in a video statement on Sunday that the Fed’s independence was under threat of political intimidation, as evidenced by grand jury subpoenas served to the bank on Friday by the DOJ under what Powell characterized as a false pretext.
Allegiant Travel Co. will acquire Sun Country Airlines Holdings Inc. in a cash-and-stock deal valued at $1.5 billion including Sun Country’s debt, the two carriers said in a joint statement on Sunday. Sun Country’s shareholders will receive 0.1557 shares of Allegiant common stock and $4.10 in cash per Sun Country share, the companies said. The offer represents a premium of 19.8% over Sun Country’s closing share price on Friday, according to the statement. The combined entity will provide more than 650 routes, including 18 international destinations in Mexico, Canada, the Caribbean and Central America, the companies said. “Together, our…
Stranger Things in the feed: When audiences take control
Stranger Things aren’t just happening on screen. They’re unfolding across social feeds, where audiences increasingly shape narratives in real time. From fandom-driven belief systems and breaking news cycles to platform shifts and AI-led discovery, participation is no longer passive. As control moves away from institutions and toward interpretation, clarity, restraint and trust have become the most valuable currencies online.
The ‘Holy Grail of comic books’ that Nicolas Cage bought for $150,000 before it was stolen sells at auction for a record $15 million | Fortune
A rare copy of the comic book that introduced the world to Superman and also was once stolen from the home of actor Nicolas Cage has been sold for a record $15 million. The private deal for “Action Comics No. 1” was announced Friday. It eclipses the previous record price for a comic book, set last November when a copy of “Superman No. 1″ was at sold at auction for $9.12 million. The Action Comics sale was negotiated by Manhattan-based Metropolis Collectibles/Comic Connect, which said the comic book’s owner and the buyer wished to remain anonymous. The comic — which sold for…
Bill Gates donated record $8 billion to Melinda French Gates’ foundation as part of their divorce settlement | Fortune
Melinda French Gates has transformed her relatively young Pivotal Philanthropies Foundation into one of America’s largest private foundations almost overnight, in part due to her split with ex-husband Bill Gates. As part of the pair’s high-profile divorce announced in 2021, Gates agreed to make a $7.88 billion donation—one of the largest ever—to French Gates’ private foundation, according to a tax filing, as previously reported by the New York Times’ DealBook. Gates’ donation skyrocketed Pivotal Philanthropies Foundation’s assets by more than 1,000% to about $7.4 billion in 2024, according to a tax filing. That’s up from $604 million at the end…
How Do Real Estate Auctions Work? Buying a Home at Auction
Key takeaways Buying a home at auction may give you a lower price, but you could risk overpaying. Auctions are held online or in person, but you’ll need to show proof of funds in advance. Research the property in advance to identify red flags, such as liens or major repairs. The homebuying process involves a lot of steps; however, there are non-traditional ways you can buy a home. One of these options is buying a home at auction. Buying at auction can move faster than a traditional sale, but it also offers fewer protections for buyers. If you’ve never heard…
Dallas-Forth Worth Remains Projected as the Top Housing Market For the Second Year in a Row
In This Article Dallas-Fort Worth is the No. 1 market to watch in 2026, a designation it has received for the second year in a row. Global accounting and financial services firm PwC and the influential Urban Land Institute have just released their annual Emerging Trends in Real Estate 2026 report, ranking the top 10 markets to watch in 2026 and naming the Texas city the top choice. The list was compiled by surveying over 1,700 real estate investors, developers, lenders, and advisors in both the U.S. and Canada. “Our primary theme was around navigating the fog. We use that…
How to Buy Cash-Flowing Rentals in 2026 (Despite High Rates) (Rookie Reply)
Is real estate investing still worth it? High mortgage rates and home prices can make buying a rental property seem challenging, if not impossible at times, particularly for a rookie investor with zero experience. But not to worry—in this episode, we’re sharing beginner-friendly tips that will help you find and fund cash-flowing deals in 2026!Welcome to another Rookie Reply! We’re back with three questions from the BiggerPockets Forums, the first of which comes from someone who’s looking to break into real estate but is unsure of how to make the numbers work in today’s high-interest-rate environment. Is now a bad…
New Zillow Forecast: 10 Predictions for the 2026 Housing Market
Zillow released its new 2026 housing market predictions and…I’m not sure I agree with them. From home price to mortgage rate predictions, “kidfluence” steering decisions, and the rise of the lifestyle renter, I’m going through all 10 of Zillow’s predictions and sharing which I agree with, which I’m confused by, and which made me laugh. Even with a few very interesting predictions, I do think some core forecasts will actually play out in 2026.When’s the last time you asked your kid, “Hey buddy, where do YOU want to live?” and rented based on their answer? Well, Zillow believes that your…
Former ICE director warns ‘wartime recruitment’ tactics like influencer campaigns and $50,000 bonuses could attract the wrong kind of agents | Fortune
The Department of Homeland Security’s deployment of more than 2,000 Immigration and Customs Enforcement officers and agents—the largest such enforcement action in U.S. history—turned fatal on Wednesday when an ICE officer shot and killed a 37-year-old woman in Minneapolis. The shooting was just one of several fatal incidents since ICE ramped up its mass deportation effort last year and raises questions about how officers are trained, especially as DHS has dodged questions about this process while more than doubling its number of agents since 2024. Recruitment efforts have been juiced by massive funding from the One Big Beautiful Bill Act,…