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Daedo Kim and Jaehyun Eom  |  BloombergThe dollar erased this week’s gains on fresh speculation President Donald Trump favors a weaker greenback and will prod other governments to let their currencies rise in return for trade deals with the US.The US currency extended an earlier decline on Wednesday after a Bloomberg News report that South Korea and US officials discussed exchange rate policies at a May 5 meeting in Milan and will continue to do so.The won rose nearly 2% and the Japanese yen also climbed, helping to push the...

Sterling Heights — The city of Sterling Heights will start rolling out investments that are part of a new millage to preserve open space, fix sidewalks and plant trees in the upcoming fiscal year in its new budget, which starts July 1.The $319.9 million budget for the 2025-2026 fiscal year is the first with funds from the city's new Pathway to Play and Preservation millage that voters approved in November. It includes funds to purchase some land to preserve open space; repair and replace thousands of sidewalks; plant 1,600 trees; and...

FBI opens investigation into NY Attorney General Letitia JamesThe Department of Justice opened an investigation into New York Attorney General Letitia James, multiple news outlets reported.WASHINGTON — The Department of Justice has opened up an investigation into New York Attorney General Letitia James over real estate transactions, multiple news outlets reported.The FBI investigation is tied to loans and property purchases in New York City and Virginia, the Albany Times Union, Guardian and Washington Post reported on May 8.President Donald Trump has frequently attacked James since she won a $454 million...

Reno redevelopment agency approves GSR arena project TIF contractReno's redevelopment agency voted 5-2 to approve the GSR arena project's tax-increment financing contract.The Reno redevelopment agency, which is made up of the city council members, voted in 5-2 to approve the tax-incremental financing contract with the Grand Sierra Resort’s phase one arena project.The deal would require GSR to be reimbursed 90% of its property tax, while the redevelopment agency would keep 10% of the property taxes. It sunsets in 2035.GSR owner Alex Meruelo said he would give the lease to the...

Watch: Iowa homeowners talk property taxes with Des Moines RegisterHomeowners discuss Iowa's property taxes as Iowa legislative leaders make property tax reform their No. 1 goal this legislative session.Iowa Senate Republicans are proposing a 25% discount on home values up to $125,000 for property tax relief, changing a proposed $50,000 homestead exemption to address smaller communities' concerns.The bill also phases in the elimination of the state's rollback rate over 10 years and maintains a 2% cap on property tax growth with exceptions.The fate of property tax legislation is unclear as...

'This is a total dog and pony show. This is not anything that’s credible,' DeSantis said.House Speaker Danny Perez delivers a stunning rebuke to DeSantisThe Florida Legislature nixed the governor's special session and created their own, solely focused on immigration.Florida Governor Ron DeSantis criticized the House's late-session push for property tax cuts as ineffective.House Speaker Daniel Perez prefers sales tax cuts and formed a 37-member committee to explore property tax cut options, a move DeSantis called a "dog and pony show."The House’s push for property tax cuts will be ineffective,...

Orange Park Mall could soon be under new ownership.Washington Prime Group plans to sell its entire portfolio of 50 shopping centers, including Orange Park Mall, as it lays off employees at its corporate headquarters, as first reported by Jacksonville Daily Record.This would be the second mall in Jacksonville to recently undergo a sale after Blackwater Development finalized its purchase of Regency Square Mall earlier this month.The property purge includes 10 malls and shopping centers in Florida.The Orange Park Mall turns 50 years old this year and is the Jacksonville area's...

Tyler Shepherd  |  ContributorMore and more Americans are turning to self-directed IRAs (SDIRAs) as economic volatility and inflation fears challenge traditional retirement strategies. Unlike standard IRAs—where investors are largely limited to stocks, mutual funds, and bonds—SDIRAs allow for a broader range of assets, including real estate, private loans, and even cryptocurrencies. This shift is part of a larger trend toward portfolio diversification and hands-on control over retirement savings. Breaking Away from Market Volatility  The appeal of SDIRAs often lies in their potential to shield portfolios from the ups and downs of the...