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Insurers got burned badly in the 2008 financial crisis. So almost a decade later, BlackRock Inc. scoured the industry’s $5 trillion in U.S. investments to figure out how they would fare if markets crash so hard again. The answer: It could be worse. The world’s largest money manager mined regulatory filings of more than 500 insurance companies …

Real Estate Inquiries: FirstStarRealtySolutions.net  Mortgage Inquiries: FirstStarLendingsolutions.net Mortgage rates mixed with the 30-year fixed rate fell back below four percent to start the year, according to Freddie Mac’s most recent Primary Mortgage Market Survey. The 30-year fixed-rate mortgage (FRM) averaged 3.97 percent with on average 0.6 point for the week ending January 7, 2016 down from last …

Are you a member of the global super-rich on the hunt for a house? Christoph von Schenck has just the palace, fortress, or château for you. By: James Tarmy August 29, 2017, 12:10 AM PDT From Subscribe Reprints Two world wars, revolutions in Germany and Russia, and inheritance taxes have managed to all but put an …

Washington (AP) — A grand jury used by Special Counsel Robert Mueller has heard secret testimony from a Russian-American lobbyist who attended a June 2016 meeting with President Donald Trump’s eldest son, The Associated Press has learned. A person familiar with the matter confirmed to the AP that Rinat Akhmetshin had appeared before Mueller’s grand …

Over the years, Puerto Rico has wooed visitors and investors with beaches, sun, tax breaks and splashy public works. Now the Caribbean island wants to add an outpost of Chinese culture, complete with graceful pavilions and regional cuisine. The same territory that racked up more than $70 billion of debt has a new plan for …

From beating jet lag to tackling airport anxiety, designer Sam Bompas’s unorthodox advice may just save your next trip. At Bloomberg Pursuits, we love to travel. And we always want to make sure we’re doing it right. So we’re talking to globe-trotters in all of our luxury fields—food, wine, fashion, cars, real estate—to learn about their high-end …

 Wanda, Evergrande and R&F need a favor from Beijing. By: Nisha Gopalan August 29, 2017, 4:00 PM PDT  GILLES SABRIE/BLOOMBERG China’s property companies have always depended on Beijing’s good graces to keep the market buoyant. Now, the real estate arm of embattled Dalian Wanda Group Co. and two heavily indebted rivals are on the hook to securities …

Toronto-Dominion Bank got its groove back. Canada’s largest lender by assets posted a 13 percent increase in profit from domestic personal and commercial banking in the fiscal third quarter, its best performance since the second quarter of 2015. That’s welcome relief for investors who’ve seen the Toronto-based lender stumble on its home turf for most of …

Hurricane Harvey gives the city an opportunity to reinvent itself, like Atlanta or Chicago after they burned. By: Conor Sen August 30, 2017, 7:46 AM PDT To rebuild or to reinvent?  Photographer: Win McNamee/Getty Images As Houston continues to grapple with the devastation wrought by Hurricane Harvey, the immediate concern, of course, is saving lives. …

Yani Rosenthal, right, and his cousin, Yankel Rosenthal, center, leave federal court in New York on March 18, 2016. Photographer: Mark Lennihan/AP Photo Honduran President Juan Orlando Hernandez’s former investment minister pleaded guilty in Manhattan to involvement in a botched money-laundering deal for known drug traffickers, part of a wide-ranging corruption scandal that shook the nation’s …