ArcaMax

The app-based cash advance business Brigit is in the state’s crosshairs over small loans that officials say carry super-sized interest rates of more than 700% in some cases.

Minnesota Attorney General Keith Ellison sued the company on Wednesday, saying the loans violate the state’s caps on interest rates and carry terms that are not clearly...Read more

For years, headlines have warned of downtown “doom loops” and “death spirals,” focusing on the office vacancies that have piled up since the pandemic. Take a walk through downtown San Jose, for instance, and you’ll see many once-bustling buildings quiet and mostly empty.

But while they’ve been slow to recover, the streets below them...Read more

SPRINGFIELD, Illinois — Sharon Gardner was paying her rent. But her Hanover Park apartment owner continued to pile up charges against her.

With eviction threats mounting, Gardner was told she owed more than $3,300 in unexpected fees — a $50 monthly charge for cable internet she never received, $5 a month for pest control, a $300 move-in fee...Read more

On a stroll down University Avenue in Palo Alto, California, on a spring Saturday evening, one can see parklets that were once parking spaces packed with well-heeled diners elegantly swirling wine glasses or digging into their meals inspired by culinary traditions from around the world.

Families line up down the block to order ice cream at Salt...Read more

Cemal Clik was rinsing some strawberries for lunch when he felt a gun on his temple.

The 61-year-old was sitting near his gift shop in downtown Los Angeles this month when two men threatened to kill him if he didn’t give up the gold chain hanging from his neck. They grabbed the chain and disappeared down South Broadway.

It took 45 minutes ...Read more

In a city infamous for its high housing costs, Seattle’s ultrawealthy will soon be able to buy condos for their luxury cars and yachts.

Nearly 9 acres of a former industrial fuel terminal on Salmon Bay waterfront near the Hiram M. Chittenden Locks in Ballard will undergo a transformation into an extravagant car collector garage, superyacht ...Read more

Many people thought the long fight over whether the city can or should build housing near the baseball stadium was done in May. But it will now stretch out even longer, after an appeal filed last month that could also delay the city’s broader plans for growth in Seattle.

The city is in the midst of updating its plan to manage growth over the ...Read more

A new state law that allows denser housing development near major transit stops goes into effect in July, opening the door to construction of more than 1 million new units in California's urban centers.

The law forces cities to approve taller apartment and condominium complexes around rail stops, ferry terminals and rapid transit bus stops, ...Read more

Daniel Chi is on a couple of missions.

One, the chair of the Department of Finance at UNLV’s Lee Business School wants to increase financial literacy across Nevada. A recent study found that Nevada has the highest rate of credit card delinquencies and one of the highest overall debt burdens of any state.

About 3,000 students were taught ...Read more

While the rise of pocket listings — when a residential property is put up for sale without being placed on the Multiple Listing Service — are tough to track, one local broker said it should concern anyone who is looking to buy or sell a home in the near future.

Multiple studies estimate pocket listings make up small portions of the overall ...Read more

The idea started with a sermon Micah Longmire heard at his Presbyterian church in Ogden, Utah, about the importance of grandparents in a child’s life.

Longmire, now 31, exchanged a look with his mother-in-law. “We were like, ‘I’d be OK living with you after that sermon,’ and the ball rolled downhill from there,” Longmire said.

Both...Read more

SEATTLE — Defense contractor Anduril Industries is expanding in Seattle, with hiring plans to fill out what it calls its connected warfare headquarters.

After installing a small office in Seattle about six years ago, the Costa Mesa, California-based company has expanded into Bellevue and Seattle's ship canal, pumping millions of dollars into ...Read more

PITTSBURGH -- Wendy Gilch wasn’t looking for a new financial threat lurking in the housing market when she opened TikTok.

The Franklin Park, Pennsylvania, consumer advocate was researching a completely different problem: companies she believed were violating the Federal Trade Commission’s advertising rules with fake testimonials, AI-...Read more