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USA Property

Florida insurance execs’ pay of $50M raises worry about firms failing

Amid reports about eye-popping insurance executive pay and undercapitalized new insurance companies, leaders of the state-run insurer are raising an alarm about the potential of a new cycle of insurers going under — again.The Citizens Property Insurance Corp. met June 25, shortly after revelations that two executives of the 3-year-old, Tampa-based Slide Insurance — one of the companies now collecting premiums from former Citizens’ policyholders — were paid $50 million in their first two full years running the business.'Grotesque': Husband-wife insurance execs earn more than $50 million in 2 yearsCharles...
USA Property

Gov. DeSantis’ property tax cut push in Florida fails but will be back

The problem: Reducing or getting rid of property taxes would eliminate dollars local governments rely on for needed services.How well will the Florida Legislature work with Gov. Ron DeSantis?FLORIDA TODAY's John Torres discusses the 2025 legislative session with reporters James Call and John Kennedy in this excerpt fro the Florida Pulse.Florida lawmakers excluded property tax cuts from the recently approved state budget and tax package.House and Senate leaders plan to study the potential impact of property tax reductions on local governments before considering further action.While a potential property tax cut...
Upcoming Investments

Liberia: Major Trade, Investment Confab Begins Today

The Ministry of Foreign Affairs, in collaboration with the National Investment Commission (NIC) and the Liberia Chamber of Commerce (LCC), has announced an upcoming Trade and Investment Conference under the theme "Bridge to Prosperity." Scheduled to take place today, Tuesday, June 17 to 21, 2025 in Monrovia, the five-day event will bring together a delegation of prominent U.S. investors and business leaders to explore trade and investment opportunities across Liberia's key economic sectors. This flagship initiative is a hallmark of the Ministry's economic diplomacy agenda, under the leadership of Sara...
Stock Market

Juneteenth 2025 stock market hours: Is the stock market closed on June 19?

The stock market often closes on federal holidays, but not all. So some people who trade stocks and bonds may not be aware of which holidays it observes. That’s especially true for Juneteenth being a newer holiday and some states, like New Jersey, celebrating on days other than June 19. If you’re hoping to trade stocks on Thursday — or a day off — here’s what you need to know about the stock market’s hours on Juneteenth this year. Is the stock market closed on Juneteenth 2025? Yes, the stock...
Currencies

India emerges as a global investment star in Q3 2025 with projected 6.2% GDP growth-Telangana Today

HSBC Global Private Banking highlights robust domestic consumption, favorable trade dynamics, and strategic investment opportunities in Indian equities and bonds amid global market volatility Published Date - 17 June 2025, 03:27 PM New Delhi: India continues to shine as a highly attractive destination for global investments in the third quarter of 2025. According to an HSBC Global Private Banking report, India is on track to become the fastest-growing major economy, with GDP expected to reach 6.2% in 2025. Investment Focus: The HSBC report maintains a mild...
USA Property

Will Palm Beach County property taxes increase?

The county millage rate will stay at $4.50 and the housing prices are leveling off so what is the root of a likely increase in property taxes for Palm Beach County homeowners?Palm Beach County news: Charlie Woods' golf game; Trump's travel banCharlie Woods finished the Amateur Championship, Guy Fieri sells Lake Worth mansion, Donald Trump puts travel bans on twelve countries.Palm Beach County homeowners will likely see a property tax increase in 2026 due to rising property values, despite a stable millage rate.New construction fueled a significant portion of the...
Upcoming Investments

Tesla Collision Center property in Irvine sells for $21M – Orange County Register

The 35,616-square-foot building that’s home to a Tesla Collision Center in Irvine sold May 28 for $21 million. SRS Real Estate Partners said Tesla has a 10-year triple net lease with options to extend at 18011 Mitchell South. The seller was North Palisade Partners, a Los Angeles-based developer. The buyer, Np Mitchell LLC, was represented by Costa Mesa-based Tidemark Real Estate. SRS Capital Markets Senior Vice President Pat Weibel said the property offered up a well-known tenant in “an affluent demographic base in the heart of Orange County, on the border...
Upcoming Investments

Investments in San Diego startups slow at start of year

Investment in San Diego County startups slowed in the first quarter of the year with fundings falling 46% compared to a year ago. Venture capitalists invested about $993 million in the first three months of the year ending March 31, according to a report by PitchBook, an industry research firm, and the National Venture Capital Association. That level, though, is still about 15% more than the first quarter of the boom year 2020. San Diego County’s first quarter follows a strong year for investments in 2024. Last year, $5.2 billion...
USA Property

Revaluations to be conducted every 5 years

Oshkosh last conducted a property evaluation in 2017 prior to last year.OSHKOSH – Common Council is continuing to address the city’s property tax concerns.Oshkosh will now conduct property revaluations every five years, beginning with a planned assessment in 2025, to avoid a repeat of the revaluation calamity that resulted in this year’s spike in property taxes.City council unanimously passed the resolution 7-0 during the June 10 common council meeting after Oshkosh’s failure to conduct regular property evaluations saw the combined assessed value of residential properties jump by 53% last year.“It’s...
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