By Doyinsola Oladipo and Bianca Flowers NEW YORK (Reuters) – U.S. hotel executives say they are betting on brands that specialize in extended stays for travelers, viewing those projects as less risky given the struggle developers face in securing financing for new construction. Hotel room supply in the United States…

In the movie “Moneyball,” Oakland A’s General Manager Billy Bean uses an innovative strategy called “sabermetrics” to catapult his underachieving baseball team to success. Bean is introduced to sabermetrics by Peter Brand (played in the film by Jonah Hill), an assistant who has mastered a series of calculations that allow…

Crypto’s nightmarish 2022 exposed the weak underbelly of many supposed blue chips in the sector. As the industry seeks to rebuild, firms focused on core infrastructure and analytics will lead the way. Reported by Nina Bambysheva, Michael del Castillo, Steven Ehrlich, Maria Gracia Santillana Linares and Javier Paz By almost…

The electric vehicle revolution is here, even in the most unexpected places. And it is a huge opportunity for astute investors. Executives at Stellantis NV (STLA) announced last week announced that production of its Dodge Charger and Challenger muscle cars will end this year. The company is replacing them with…

For anyone following the cannabis industry and the cannabis capital markets over the past two years, they’ve experienced a lot of doom and gloom. Since experiencing record high public company valuations after the 2020 elections, spurred by a belief that unified Democratic control of Congress would shepherd in much needed…

Achieving financial freedom and building wealth can often feel like an elusive dream, leaving many of us trapped in a cycle of living paycheck to paycheck, burdened by debt, and yearning for a brighter future. I understand this struggle all too well because I’ve walked that very path. However, through…

According to a new release by the 2020 Census, demographic change has accelerated in the United States in the past 10 years. Especially the group of those aged 65 years and older has grown more quickly, the data shows. While in the year 2010, 12.8% of Americans were 65 years…

A group of U.S. Representatives has introduced the American Family Act, legislation that would make the previously expanded and improved monthly child tax credit permanent. Background During Covid-19, the American Rescue Plan Act provided relief for American families through a series of payments and credits. One of those was a…

A new Netflix documentary has rekindled interest in the late Playboy model who almost walked away with $475 million from her 90-year-old husband, J. Howard Marshall. A look back at the tabloid tale that made its way to the Supreme Court—twice. “I t’s very expensive to be me.” That was…

Few coastal neighborhoods in Southern California are as exclusive as Harbor Island in Newport Beach. For starters, there are just 30 homes on the small, semi-artificial island in Orange County’s Newport Bay. The island is defined by its ultrawealthy residents and bayfront setting. One example: A three-bedroom home at 11…