Robert Stiller News Today

Straight day, we saw a biggerly sale off that was followed by a big recovery as investors grapple. Were asking a simple question on the show tonight. How can you fed proof your portfolio if they raise or dont raise . Guy . That is the question. You have to answer the question, do you think they are raising for the right reasons or raising because they boxed themself sboosinto a corner. I think the latter. I dont think because the economy is getting better. A lot of the data was in a word lousy. ...

The s p 500 also weaker, down 9 1 2 points, twothirds of one percent. The dow posting a sixday losing streak. Bob, over to you. Reporter the problem is they cant quite decide in the stock market whats going on, but the bond market doesnt seem confused. Putting up the full screen. The Federal Reserve minutes came out this afternoon. The fed is trying to keep its options open. Thats whats going on here. They said theyre split over the taper timing, not over tapering, but the timing of tapering. Th...

In Palm Beach, multi-million-dollar real estate is ALWAYS a big deal. But some deals are bigger than others. See what $170 million buys on the island.

The estate sits alone on its own 2.3-acre man-made island, and went into contract on Monday. The negotiated price and the buyer's identity are still unknown.

Many of the country’s richest people, including Elon Musk and Larry Ellison, borrow against their stock while avoiding capital gains taxes.

Closings of the biggest-dollar Palm Beach real estate deals, including a record-setting one, all occurred in the first seven months of 2023.

New York City and Palm Beach saw the greatest number of high-end luxury sales this year, while Los Angeles, marred by the new mansion tax, did not make the list.

Luxury buyers have been hot on Palm Beach thus far in 2023, with seven of the year's top 20 deals coming out of the luxe South Florida market.

This article first appeared at ProPublica. ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive…

Three Floridians woke up millionaires this week after playing the 500X The Cash scratch-off game, Florida Lottery officials confirmed Wednesday.