Welcome to the Wall Street Week newsletter, bringing you stories of capitalism about things you need to know, but even more things you need to think about. If you’re not yet a subscriber, sign up here for this newsletter.

A year after Collins passed away at age 77, the property was purchased in 2016 by real estate mogul Ben Nehmadi and his wife, Bita, for $21 million. The couple spent $25 million and five years gutting and transforming the home, according to the Journal.

The Wall Street Journal's Chris Kornelius joins Morning Joe to discuss the life of Randy “Crawdaddy” Miod, a local Malibu surfing legend, who died defending his home on the Pacific Coast Highway against the Los Angeles wildfires.

A cul-de-sac close to the Skull Rock trailhead in the Palisades was closed off with yellow caution tape Monday as cops helped federal agents and scientists meticulously examine the popular hiking

The crisis facing the LA Fire Department is a microcosm of the broader contradictions of capitalism. It highlights the urgent need for a socialist program that prioritizes public welfare over private profit.

Gwyneth Paltrow is letting go of her Los Angeles home after selling the property—which she purchased with ex-husband Chris Martin—for a whopping $22 million.

In a vicious cycle, the sector’s financing of oil and gas is having an impact on its bottom line. How Big Insurance’s Investment in Fossil Fuels Came Back to Bite It originally appeared on WhoWhatWhy

The fast-growing popularity of the Chinese artificial intelligence software hit shares in tech giants like Nvidia, as Silicon Valley worried about what comes next.

Residents in a Northern California community are begging Gov. Newsom for help as crime runs rampant as Los Angeles continues to burn from wildfires.

Naomi Watts has opened up about the "terrifying" few weeks she spent in Los Angeles amid the California wildfires, revealing how she ended up alone inside her $6 million Brentwood mansion after her husband, Billy Crudup, flew back to New York shortly before the deadly blazes broke out.

The newest blaze, named the Sepulveda fire, had reached 45 acres with 60% containment Thursday, the Los Angeles Fire Department said. It broke out near Bel-Air, roughly 2 miles from the perimeter ...