Raymond James expects WBD and PSKY deal to close July 22

A dramatic California estate that was designed by an acclaimed local architect but has since undergone a stunning $2 million renovation has returned to the market for $11.4 million—complete with a spaceship-esque residence, seven gated acres of land, and even a bright pink tennis court. Located in Rancho Santa Fe, the rare find, which is…

In what was described as the steepest annual decline in Realtor.com data since 2017, asking prices for homes fell 2.5% year over year in June. It was the eighth consecutive month of price drops, according to the Realtor.com June 2026 Monthly Housing Trends Report. Pending sales increased 3.7% year over year for the seventh straight…

Class-C apartment operators in Chicago are buoyed by many of the tailwinds bolstering the city’s multifamily market as a whole: limited new supply, rising rent growth and recovering investor interest. But rising operating costs have squeezed margins for vintage stock harder than their newer counterparts, leaving the affordable market at an inflection point. Insurance, property…

A parasitic infection called cyclospora, often transmitted through contaminated food or water, is spreading across the U.S. The Centers for Disease Control and Prevention reports at least 843 cases of the illness — which can cause weeks of watery diarrhea, as a primary symptom — and 86 hospitalizations, as of July 9. The country’s numbers…

The Dow Jones (US30) has extended its rally to record highs, but the next phase of the move could prove more volatile as investors reassess the outlook for US monetary policy and corporate earnings. Softer-than-expected Jun employment data reinforced expectations that the Fed is less likely to tighten policy in the near term, supporting equities…

Artificial intelligence is transforming financial services at remarkable speed. But as technology becomes more accessible, the true winners of this next-phase competition will be those that use technology to build something much harder to replicate: trust. For much of the past two decades, competitive advantage in financial services was largely synonymous with technological advantage. The…