archivenews

PAWLEYS ISLAND — A Charleston real estate investment and development firm has made its first purchase in the Grand Strand area.Stono Group, in partnership with the Maryland-based real estate investment firm Matan Companies, bought an industrial warehouse at 312 Commerce Drive in Pawleys Island with the goal of updating and leasing the 1.2-acre property. It includes a 13,000-square-foot warehouse split into three units.Kevin Hann, managing partner of Stono Group, said his firm was drawn to the Grand Strand area because of its growing population. The fact that they were able to acquire...

An exploding vape has caused a major blaze in an English town this weekend, setting fire to four houses and hospitalising three people.Eight fire engines were deployed to the Gainsborough, Lincolnshire property on Friday afternoon after a house fire had spread to neighbouring properties.Fire officials said three of the homes had been left uninhabitable due to fire damage.Camera IconThe Grey St fire was caused by an exploding vape. Credit: BBC“(The fire had) gone through the roof spaces, unfortunately, so there is quite significant damage to those three houses,” Lincolnshire Fire...

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...

This is CNBC's live blog covering Asia-Pacific markets. Asia-Pacific markets mostly declined Monday, after the United States' attack on three nuclear sites in Iran raised oil prices and investors' fears of an escalation in the Middle East conflict. Oil prices fell in late Asian hours, reversing course from gains earlier in the day. Brent Crude was trading at $76.75 per barrel after falling 0.32% as of 4.23 p.m. Singapore time, while the West Texas Intermediate crude lost 0.33% to $73.6. Japan's benchmark Nikkei 225 ended the day 0.13% lower at 38,354.09, while the...

Economist and best-selling author Nassim Taleb says a single asset has overtaken the US dollar’s position as the world’s de facto reserve currency. In a new interview with Bloomberg, the Black Swan author says that the US dollar has lost its status as a reliable safe-haven asset, noting that people prefer to invest in the stock market rather than hold a currency that declines in value over time. He also says that America’s sweeping sanctions against Russia for its invasion of Ukraine marked the beginning of the end of the...

Kate Ashford  |  NerdWalletThe investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments.In recent weeks, 44% of Americans in households making $125,000 or more say they’ve put more cash aside to cover future expenses. That’s according to the Conference Board’s May Consumer Confidence report.But are they investing it?“Keeping money in cash forever isn’t a plan,” says Rebecca Palmer, a certified financial planner in Washington, D.C., and...

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...

London homeowners have seen the value of their properties increase over the past month - despite a nationwide downward trend in house prices.UK property values suffered a month-on-month fall of nearly 3 per cent in today's House Price Index (HPI), which is the first time this year that prices have fallen.The average UK home was worth £265,497 in April which was down 2.7 per cent on the previous month but up 3.5 per cent compared to the previous year.Meanwhile the average London property was priced at £566,614 in April, following...

Jennifer Saibil  |  The Motley FoolTop business leaders see recession risk fadingCEOs of nearly 280 U.S. companies say the odds of a downturn in the second half of 2025 are shrinking, many shifting to growth expectations.Straight Arrow NewsThe S&P 500 is at nearly 6,000 and only 3% off of its all-time highs. While many investors are excited about the prospect of the market hitting new highs, some investors might be wondering how high it can go.It's a question that investors have grappled with many times, and yet the market has...