economy: from the labor market to bank failures. Here’s a breakdown on how their crusade to check inflation has impacted the U.S. TRENDS + EXPLAINERSĪfter driving the largest 12-month increase since 1980, the Fed hinted it could end its historic interest rate hike campaign. TRAVEL + LIFESTYLEĪirbnb is returning to its roots and making a renewed push on a new listing category for “Rooms.” The vacation rental giant has always allowed owners to rent out rooms in their private residences, but as economic pressures hit both hosts and guests, Airbnb built out the experience to include more information about property owners: like their profession, their favorite song or whether they have pets. Dianne Feinstein’s (D-Calif.) continued absence from the Senate, though prepared remarks from Majority Leader Chuck Schumer indicate she is “hopeful” she’ll return next week. Democrats’ judicial confirmation progress has been slowed due to Sen. The Biden administration announced new federal judicial nominees this week, bringing the total awaiting Senate confirmation to 42. America’s most famous real-estate tycoon didn’t lock in a fixed interest rate on a variable-rate loan from his stake in a San Francisco office complex he’s now on track to owe an extra $13 million in interest this year.

More than a decade of rock-bottom interest rates fooled plenty of property owners into thinking they would stay low forever, possibly even including Donald Trump. The office complex at 555 California Street long served as a shining star in Donald Trump's portfolio.

The company has 30 days to formally respond, and the announcement doesn’t appear to have impacted its stock price. It’s a significant step toward imposing even more stringent privacy rules against Meta. The FTC says Meta violated multiple previous legal agreements regarding the Facebook parent company’s ability to collect data about (and monetize) its users. Deckoff, who said he never met Epstein or visited the islands until after the disgraced financier died in 2019, plans to develop a 25-room luxury resort on the property. Stephen Deckoff, billionaire founder of private equity firm Black Diamond Capital Management, purchased the two islands for $60 million, less than half of their initial asking price of $125 million. COURTESY BLACK DIAMOND CAPITAL MANAGEMENT EMILY MICHOT/NEWSCOMĪfter over a year on the market, Jeffrey Epstein’s infamous Caribbean islands finally found a buyer. Virgin Islands in 2011, has purchased two islands formerly owned by Jeffrey Epstein. Private equity mogul Stephen Deckoff, who moved to the U.S.

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