In Altadena, many fear that offers from speculators and the challenges of rebuilding will unravel a community of Black professionals and retirees.

President-elect Donald Trump is considering going to southern California to survey the damage caused by the deadly wildfire that broke out last week, according to reports. The trip could take

The seller is Vicky Walters, widow of real estate developer Raul Walters, who helped finance early Walmart stores, according to The Wall Street Journal. The condo was first listed in December 2023 at $50 million, more than double the $22.5 million Walters paid for it in 2015.

The newest blaze, named the Sepulveda fire, had reached 45 acres with 60% containment Thursday, the Los Angeles Fire Department said. It broke out near Bel-Air, roughly 2 miles from the perimeter ...

The latest devastating wildfires must be a wake-up call for Los Angels to 'move away from fire-prone suburban sprawl'

Welcome to the Wall Street Week newsletter, bringing you stories of capitalism about things you need to know, but even more things you need to think about. If you’re not yet a subscriber, sign up here for this newsletter.

Past fires in other cities provided opportunity for large-scale urban rebirth and reinvention. Southern California’s blazes pose different challenges.

All the spectacular 19 th century Russian culture came to mind while reading Amor Towles’s newest book, Table for Two. This time Towles has written a series of short stories along with a novella. The first of the short stories is titled “The Line,

By 2020, as a result of California s recent extreme environmental and social policies the state lost 4 3 million acres to wildfires

Their scope may depend on what happens after that. If tariffs start to have the negative effects that their critics predict — higher inflation, lower profits and a trade war — Trump will likely pull back. If they seem to be working, or at least not failing, Trump may end up being a lot bolder than he has been in the past few days.

Potential buyers for TikTok US include MrBeast, Kevin O'Leary, Frank McCourt's Project Liberty and Perplexity AI, who bid a merger instead of a sale,

In a half-hour inaugural address, newly sworn-in President Donald Trump twisted some facts while painting the last few years under his predecessor, Joe Biden, as a time of “decline” and promising “the golden age of America begins right now.