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Sept. 15 -- According to the Bloomberg Billionaires Index, Eli Broad is worth $7.4 billion. He built two Fortune 500 companies: KB Homes and SunAmerica. Since then, Broad’s focus has been on philanthropy. And art. He and his wife have amassed one of the most valuable collections of contemporary art in the world. And soon, it will have a permanent home, at a new museum called The Broad in Downtown Los Angeles. It opens to the public next week. Eli Broad sat down with Bloomberg’s David Gura and gave him an exclusive look at the new museum.

It’s essentially a coin flip. That’s how J.P. Morgan economist Michael Feroli describes the "hike/no hike" decision facing the Federal Reserve this week.

The free market wouldn't plop down a trailer park just a few miles from downtown San Jose. At least not today, in a sharply spiking housing market that has made the metropolitan area one of the most expensive in the U.S. But that's where you'll find Winchester Ranch and its 111 mobile- home lots, just down the street from an upscale shopping mall, a newly created development zone, and a major highway interchange.

Fred DeLuca, who co-founded the Subway sandwich chain to finance his college studies before it grew to overtake McDonald’s Corp. in size, has died. He was 67.