Lennar land bank exposure under the microscope

All eyes are on Lennar’s forthcoming 10-K filing, maybe as soon as Thursday, as a wave of investor questions converges around one central issue: How much financial risk – recognized or not – sits inside the company’s land-light strategy? In recent days, that question has pitched from a routine analy

Labor department rule would ease path for riskier 401(k) investments

The U.S. Department of Labor has proposed a rule that would make it easier for retirement plan sponsors to include alternative investments — such as private equity, private credit, real estate and cryptocurrency — in workers’ 401(k) plans while reducing regulatory burdens and the threat of lawsuits.

Judge Stops Trump’s $400 Million Ballroom Construction Until Congress ‘Blesses This Project’

A federal judge has hit pause on President Donald Trump's $400 million ballroom project. U.S. District Judge Richard Leon granted the National Trust for Historic Preservation's request for a preliminary injunction, temporarily stopping the ballroom project. According to The Hill, Leon wrote in his r

Masked Robber Breaks Into $18 Million Historic Massachusetts Mansion, Assaults Housekeeper in Armed Home Invasion

Police in a tony Boston suburb are on the hunt for an armed intruder who broke into an investment banker's $18 million historic waterfront mansion, violently attacked the property's caretaker, and fled in the owner’s Porsche. The brazen home invasion took place early Saturday morning at the palatial