Investing

Los Angeles Greenlights $1.2 Billion Football Stadium

The Los Angeles City Council on Friday approved a $1.2 billion plan to build a downtown football stadium, moving America's second most populous city closer than it's been in nearly two decades to having a professional football team.

Happy-ish Thoughts About Investing in Housing

While most of the recent news on housing seems to indicate a modest turnaround - like yesterday's report that pending home sales rose but at a slower than expected rate - you still have to be selective in how you invest. A resurgence may not be a sustainable, nor will every area benefit.

John Paulson Goes on Housing Shopping Spree, Spends $145 Million on Six Properties

Hedge-fund manager who made nearly $4 billion in 2007 by betting correctly that the housing market would fumble to the ground.