Richard Simmons’ Property Sells for $3.8 Million as New Buyer Plans To ‘Restore’ the Home—Over a Year After the Fitness Icon’s Death
The Los Angeles estate where fitness guru Richard Simmons died in 2024 has sold for $3.8 million—over a year after his death and months after the property reappeared on the market. Simmons, who died just days after celebrating his 76th birthday, had owned the home for decades—and spent an increasing
Billionaires Fighting California’s Wealth Tax Have Put $333 Million Into Political Ad Machine Ahead of Elections
California's top earners have mobilized and poured more than $300 million into an aggressive public campaign to defeat the controversial Billionaire Tax Act at next week's midterm elections. The measure, which will appear on the Nov. 3 ballot as Proposition 40, would impose a one-time tax of up to 5
Fed Pauses Interest Rate Hikes for Now as Key Midterm Elections Loom
Federal Reserve policymakers have put interest rate hikes on pause for now, as they wait to assess further data on inflation and the strength of the economy. Fed Chairman Kevin Warsh joined the 10-2 majority on the Federal Open Market Committee on Wednesday, voting to leave the federal funds rate un
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