Hestia Naples - White Glove Home Management

08/21/2024

08/21/2024

10/24/2023

Heritage Estate Management, which provides household staffing and management services for homes on the West Coast, says keeping those mega-manses in pristine condition takes a lot of work, according to Insider—and needs a large staff to get the job done

A staff of 20 people can set homeowners back $5,000 a day—or $1.8 million a year.

02/01/2023

The Federal Reserve has raised its target interest rate by a quarter of a percentage point, and signaled that even though inflation is easing, it remains high enough to require further rate hikes

The increase announced Wednesday set the US central bank's benchmark overnight interest rate in the 4.50%-4.75% range, the highest since November 2007, when rates were slashed at the onset of the financial crisis

Though this increase was smaller than its previous hike - and even larger rate increases before that - the Fed's latest move will further raise the costs of many consumer and business loans, and could increase the risk of a recession