Can I evict tenants who lived in a house I inherited for years without a lease?

Can I evict tenants who lived in a house I inherited for years without a lease?

I inherited a house in San Francisco from my aunt. My aunt had rented her basement to an older couple (probably illegally) for a few years at below market prices. I don’t believe there was a lease, and it’s probably against building code to have tenants in the basement. The couple’s family lives nearby. I … Read more

FDIC transfers all deposits from Silicon Valley Bank to newly created bridge bank

FDIC transfers all deposits from Silicon Valley Bank to newly created bridge bank

The Federal Deposit Insurance Corp. said Monday it had transferred all deposits, insured and uninsured, from the old Silicon Valley Bank to a new full-service bridge bank operated by the FDIC as part of an action to protect all depositors from the bank. . The move comes after the regulator closed the bank and its … Read more

What will be the most difficult for the Fed? Controlling inflation or spending on office renovations?

What will be the most difficult for the Fed?  Controlling inflation or spending on office renovations?

WASHINGTON—Anyone who recently completed a home improvement project that suffered from rising costs, shortages and delays is now a distinguished business: The Federal Reserve, the U.S. institution charged with controlling inflation, is also struggling to contain the expenses of his sumptuous excavations. The central bank is in the midst of a long-running project to transform … Read more

Cuts at Amazon and other tech companies don’t mean recession yet

Cuts at Amazon and other tech companies don’t mean recession yet

When the United States entered a recession in the past, weakness often started in one sector and then spread like wildfire, resulting in a growing array of industries and the people who work in them. The downturns of 2001 and 2007-09 are good examples. The deflated internet and telecommunications bubble in the early 2000s and … Read more

‘Am I crazy?’ After my mum died, my cousin took her designer handbag and my aunt took 8 paintings home – then things really got out of hand

‘Am I crazy?’  After my mum died, my cousin took her designer handbag and my aunt took 8 paintings home – then things really got out of hand

My mother passed away three months ago after a long and horrific decline due to dementia. It devastated me and my immediate family. I also had to quit my job during this time. My mother passed away less than a month after being transferred to a memory care unit, and I am still in deep … Read more

Amid layoffs, Salesforce reportedly pays Matthew McConaughey more than $10 million a year

Amid layoffs, Salesforce reportedly pays Matthew McConaughey more than  million a year

Last updated: February 28, 2023 at 9:47 p.m. ET First published: February 28, 2023 at 9:40 p.m. ET As Salesforce Inc. cut jobs and looked for ways to cut costs, it also reportedly paid actor Matthew McConaughey more than $10 million a year to serve as a creative adviser and TV presenter. The Wall Street … Read more

Apartment rents fall as new supply hits market

Apartment rents fall as new supply hits market

Apartment rents have fallen in all major U.S. metropolitan areas in the past six months through January, a trend that is expected to continue as the largest delivery of new apartments in nearly four decades is expected to arrive. This year. Tenants with new leases in January paid a median rent 3.5% lower than they … Read more

Four stars for chipped paint and broken doors? What’s Behind Airbnb’s High Ratings

Four stars for chipped paint and broken doors?  What’s Behind Airbnb’s High Ratings

Airbnb properties have a rating problem, according to hosts and guests: Most rentals in the United States get near the top five-star rating. Hosts are facing more competition for bookings as Airbnb has added more properties for rent, and as a result, hosts say their ratings are more important in setting them apart. Some hosts … Read more