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Los Angeles real estate agent Mike Kobeissi sentenced for exploiting fire victims.

Los Angeles real estate agent Mike Kobeissi sentenced for exploiting fire victims.

A luxury real estate agent known for showcasing his lifestyle with high-end cars and extravagant properties has been found guilty after being accused of exploiting wildfire victims in search of housing. Mike Cobisi, who brands himself as “Mr. La Canada,” was recently ordered by California Attorney General Rob Bonta to serve one year of probation, […]

Market watcher Adam Kobeissi: Volatility ‘definitely here to stay’

Adam Kobeisi, editor-in-chief of the Kobeisi Letter, explains what happened in Monday’s big sell-off, whether the Federal Reserve’s emergency rate cut will make things worse, and what investors can expect now. Market watcher Adam Kobeisi said on Monday that volatility is likely to continue after the global financial crisis, and he thinks that’s a good […]