TikTok has finalized a deal to form a new U.S. entity with investors that include Oracle, Silver Lake and Emirati firm MGX, easing the threat of a nationwide ban and allowing the social media app to continue operating for more than 200 million American users. The company said Thursday that the new TikTok U.S. joint…
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California has become a test lab for housing reform. The state stands as an ongoing experiment-in-process for how far lawmakers will go to legalize the development of more homes and how hard local officials and neighborhood activists will fight to stop it. The latest flashpoint struck on Thursday, as the Los Angeles transit agency board…
The U.S. housing market is showing clear signs of a post-holiday recovery. Pending home sales climbed to 50,096 new contracts this week, a 25.7% increase from last week’s 39,841, as buyer activity rebounds from the typical holiday slowdown. The increase in buyer activity, combined with shifting market dynamics, signals a return to more typical activity…