JCPenney is selling off 119 stores nationwide in a nearly $1 billion deal. The all-cash sale, which amounted to $947 million, was to Boston-based private equity firm affiliated with Onyx Partners, Ltd ...

SoFi reports that the price-to-rent ratio helps determine if buying or renting is more affordable in various U.S. cities.

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The JCPenney locations that are part of the sale cover 35 states and Puerto Rico with 21 in Texas and 19 in California.