Single-family homes are seeing a significant drop in price, depending on where you look. The National Association of Realtors claims some of the most expensive cities to buy a home are now seeing a substantial drop in price, including cities in California. Homes in San Francisco are seeing an average price of one-point-two-three million dollars, which is actually down over six percent from last year. San Jose, Los Angeles, and Boulder also saw decreases.
MORMON CHURCH FINED
The Church of Jesus Christ of Latter-Day Saints must pay the SEC $5 million dollars in a regulatory settlement. The SEC accused Ensign Peak Advisors and the Mormon Church of misleading the public by not disclosing a major investment fund it had in place. That fund is valued at around $32 billion dollars. The church released a statement after the settlement saying "we affirm our commitment to comply with the law, and now consider this matter closed."
Emily Hosie, CEO of Rebelstork, explains the concept of Returns Recommerce, plus how her company raised $18M to address the industry-wide issue of returns.
Steven Overly, Host of Politico Tech, talks to Dave Briggs about the key takeaways from Joe Rogan's interview with Mark Zuckerberg, all under 20 minutes. Watch!
Abrar Al-Heeti, Tech Reporter at CNET, explains what will happen if and when the TikTok app is banned in the United States. Plus, who may buy it? Watch!
Chris Lafakis, Director at Moody's Analytics, discusses how home insurance may change as a result of the devastation in California brought on by the LA fires.
Brian Rosen, Founder and CEO of InvestBev, discusses what the Surgeon General’s new Advisory on Alcohol and Cancer Risk means for the adult beverage business.
Damage from the Los Angeles inferno is setting records—and it's not over. Plus, rate-cut drama, the battle over Greenland, and Zuckerberg bends the knee.