Richard Saghian, chief executive and founder of the online retailer Fashion Nova, confirmed to The Times that he submitted the winning bid for The One the biggest residence in Los Angeles.
Stocks around the world tumbled Friday; a gangbusters report on the U.S. jobs market wasn’t enough to pull Wall Street’s focus off its worries about war in Ukraine.
Already unnerved by the newest coronavirus variant, Wall Street's losses deepened Tuesday after the head of the Federal Reserve said it will consider shutting off its support for financial markets sooner than expected.