Jobs week cleared up the skies for the Federal Reserve members, who are smiling — big time — after a series of data lines gave them what they wanted: a softer labor market! While the labor market isn’t breaking, it has become more pliant in the data lines the Fed focuses on. After Friday’s jobs repo

An emergency housing proclamation in the state of Hawaii declared by Gov. Josh Green (D) in July is conflicting with the desires of Maui residents as the island rebuilds after a devastating wildfire that destroyed the town of Lahaina.The proclamation suspends several housing provisions, including hi

Thousands of New York City Airbnb listings are vanishing from the market as the city introduces some of the strictest regulations in the U.S. for short-term rentals.Starting on Sept. 5, hosts of short-term rentals will need to register with the city, The Wall Street Journal reported. Airbnb hosts wi

New York-based investment firm Cerberus Capital Management has entered into a definitive agreement to acquire home equity lender Spring EQ, the companies announced on Friday. The terms of the deal were not disclosed. The transaction will allow Cerberus executives to realize new opportunities as dema