Real Estate

Mayor Eric Adams’ Chief Adviser, Ingrid Lewis-Martin, Indicted on Corruption Charges

Ingrid Lewis-Martin, New York City Mayor Eric Adams’s chief adviser, was indicted on corruption charges on Thursday, marking the latest legal issue surrounding the mayor's administration. Manhattan District Attorney Alvin Bragg announced the charges, accusing Lewis-Martin of providing special treatment to real estate developers in exchange for over $100,000. The indictment also claims that the developers helped Lewis-Martin’s son set up a Chick-fil-A franchise.

U.S. Stocks Plunge After Fed Cuts Rates and Signals Slower Reductions

U.S. stocks fell sharply on Wednesday, erasing earlier gains after the Federal Reserve announced a 25 basis point rate cut and projected a slower pace of rate reductions for next year.

RFK Jr. Earned Millions in 2023 Despite Presidential Campaign and Vaccine Skepticism

Robert F. Kennedy Jr., President-elect Donald Trump’s nominee for Secretary of Health and Human Services, earned approximately $10.7 million in 2023, with much of his income stemming from his work with various law firms and his leadership of a vaccine-skeptic nonprofit. According to recently amended financial disclosures filed as part of his presidential campaign, Kennedy also holds significant assets, including between $500,001 and $1 million in Bitcoin and commercial real estate in Chicago worth hundreds of thousands of dollars.

Prosecution Concludes Corruption Trial Against Former Illinois House Speaker Michael Madigan

The prosecution concluded its case on Wednesday in the federal corruption trial of former Illinois House Speaker Michael Madigan, setting the stage for closing arguments in the coming days.

Family of Luigi Mangione Speaks Out After UnitedHealthcare CEO Murder Charge

The family of Luigi Mangione, the Ivy League graduate charged with murdering UnitedHealthcare CEO Brian Thompson, expressed shock and devastation following his arrest. In a statement shared by Nino Mangione, a Republican delegate in Baltimore County, the family offered prayers for Thompson's family and urged public prayers for all involved. They emphasized that they were learning details through media reports and could not provide additional comments.

Under 10% of Federal Workers Come Into the Office Every Day: Report

A new Senate report reveals that only 6% of federal employees are working in person daily, raising alarms about costs and productivity.

Trump Announces High-Profile Appointments to IRS, SBA, and Social Security Administration

President-elect Donald Trump announced a slate of key nominations Wednesday for his upcoming administration, selecting experienced leaders to helm pivotal federal agencies.

Trump Envoy Pushes for Gaza Ceasefire, Hostage Deal Before January Inauguration

President-elect Donald Trump’s incoming Middle East envoy, Steve Witkoff, held high-stakes meetings in November with leaders in Qatar and Israel to advance a potential ceasefire and hostage release agreement in Gaza before Trump’s January 20 inauguration, according to sources briefed on the discussions.

Washington State Budget Deficit Highlights Decade of Spending Growth and New Taxes

Washington state lawmakers have long warned of the potential for a budgetary crisis during an economic downturn, even as the state experienced record-breaking revenue growth over the past decade. Today, those warnings have some merit, as the state faces an estimated $10 billion to $12 billion deficit despite maintaining all-time high revenue levels.

LA’s Mansion Tax Backfires, Slashes Property Sales by 70% and Threatens City Revenue

The City of Los Angeles’s "mansion tax" has led to a dramatic 70% drop in sales of properties over $5.15 million, significantly impacting property...

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