This $1.6 billion deal is a sign that the worst of the crisis in office real estate is in the past
The market for office space has struggled to bounce back from the pandemic — but there are encouraging signals in marquee markets.
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Should Gen Z and millennials even bother including Social Security in their retirement plans if the program is running out of money?
The program’s trust funds are expected to be depleted in less than a decade.
Google, Meta and Amazon are facing an expensive AI risk that nobody is paying attention to
As Big Tech companies ramp up their capital expenditures, rising depreciation costs are threatening their margins and Wall Street seems to be vastly underestimating the impact.
Hate Crime Charge After Subway Rider Called "White Boy", Then Brutally Attacked On L Train
Hate Crime Charge After Subway Rider Called "White Boy", Then Brutally Attacked On L Train A young woman is facing hate crime charges after allegedly assaulting a fellow passenger in a violent, unprovoked attack on a Manhattan subway train, according to the NY Post.The incident unfolded around 2:10 a.m. Sunday aboard a southbound L train at the 1st Avenue and East 14th Street station. Authorities said Genesis Gittens — who had just celebrated her 20th birthday on Monday — was yelling
Game-Changer? Are Meta And Zuckerberg Ready To Fight For Free Speech
Game-Changer? Are Meta And Zuckerberg Ready To Fight For Free Speech Authored by Jonathan Turley,I created a Facebook account recently.No one was more surprised than myself.From my book, “The Indispensable Right,” to my past columns, I have been one of the most vocal critics of Facebook and Meta regarding their free speech policies.From their expansive censorship record to their failure to disclose details on their coordination with the federal government, many in the free speech comm
Where your cash can get higher yields now that the Fed has finally cut interest rates
Savers and cash investors fell in love with certificates of deposit in recent years, but some financial advisers say it’s time to look around.
Wall Street Reacts To Powell's "Risk-Management" Rate Cut
Wall Street Reacts To Powell's "Risk-Management" Rate Cut As Powell begins his presser, Wall Street's kneejerk comments start coming in to what the Fed Chair just characterized as a "risk management" rate cut... similar to the rate cut he announced exactly one year ago, only that one was 50bps not 25bps (wonder why).As expected, Powell is getting a hard time from reporters who have spotted inconsistencies in the decision and rationale compared to the forecasts. Here, the Fed has cut r
‘Am I the biggest loser with the Fed rate cut?’ I’m 68, retired and live off IRAs and Social Security
The Federal Reserve cut policy rates by 25 basis points, to a range of 4% to 4.25%, and pencils in two more reductions this year.
Watch Live: Will Fed Chair Powell Push Back Against The Dovish Dots?
Watch Live: Will Fed Chair Powell Push Back Against The Dovish Dots? Having delivered the 25bps rate-cut that President Trump had been hoping for, Fed Chair Powell is now facing the gauntlet of a press conference with one governor who has been fired (or not) and another member fresh from The White House. Will Powell push back against the relatively dovish tone?Aside from the drama, the big question is - will Powell offer a more dovish outlook (to match the market's expectation and the
Tesla’s stock-market win streak might be over — but it’s made Elon Musk $38 billion richer
Tesla shares are on track to snap their longest stretch of gains since May, but investor sentiment seems to be improving as Musk devotes himself more to the EV maker.
Fed Cuts Rates By 25bps; Powell 'Bends The Knee', Signals Dovish Path Ahead
Fed Cuts Rates By 25bps; Powell 'Bends The Knee', Signals Dovish Path Ahead Tl;dr: Nine months after it last adjusted rates, The Fed finally bent the knee this afternoon and cut rates by 25bps (as fully priced in by the market).Only once since it started publishing its target rate in the 1970s had The Fed waited longer. That was 2001-2002 when, unlike now, it was a bear-market low, consumer spending was weak, and inflation was below target.The Dot-Plot suggests The Fed members are als
Social Security says personal data of Americans is secure, contradicting whistleblower allegations
Serious lapses put Social Security numbers and other private information at risk, whistleblower claimed.
US Regulators Investigate Tesla Door Handles After Complaints Of Entrapment
US Regulators Investigate Tesla Door Handles After Complaints Of Entrapment In what could be a gentle reminder to Elon Musk that President Trump is still the boss, the US National Highway Traffic Safety Administration (NHTSA) has opened an investigation into Tesla’s electric door handles, focusing on 2021 Model Y vehicles, according to Bloomberg.Regulators say they are examining whether doors become inoperative after low-voltage battery failures, leaving occupants unable to get in or
Discord Scrutinized In Kirk Assassination, Used By Canadian Far-Left Networks To Circulate Political Target Files, Lawyer Says
Discord Scrutinized In Kirk Assassination, Used By Canadian Far-Left Networks To Circulate Political Target Files, Lawyer Says Submitted by The Bureau's Sam Cooper,Discord, the communications platform now under scrutiny as U.S. investigators examine chat room messages involving the alleged assassin of conservative activist Charlie Kirk, is also being used by left-wing Antifa-aligned networks in Canada to organize and share dossiers on political targets, according to Toronto lawyer and
EU Proposes Freezing Israel Trade Pact As Smotrich Declares Gaza 'Real Estate Bonanza'
EU Proposes Freezing Israel Trade Pact As Smotrich Declares Gaza 'Real Estate Bonanza' On Wednesday the European Commission presented a proposal for new tariffs and sanctions aimed at pressuring Israel to quickly end its military operations in Gaza, in addition to sanctions measures on two Israeli ministers known for their fiery anti-Palestinian rhetoric."The horrific events taking place in Gaza on a daily basis must stop," EU Commission President Ursula von der Leyen said after prese
Goldman: Four Questions Investors Are Asking About Walmart
Goldman: Four Questions Investors Are Asking About Walmart At the start of September, Goldman hosted its 32nd annual Global Retailing Conference, followed by last week's technology forum. It's been a packed first half of the month for Goldman analysts, who have been busy digesting comments from corporate executives and sharing key takeaways with clients on how business leaders see the evolving world. On Monday, Goldman Sachs Managing Director Kate McShane penned a note for clients ab
Dr Strangecurve
Dr Strangecurve By Michael Every of RabobankAs Christian Lawrence notes in ‘Under Pressure’, we expect a 25bps rate cut today. However, as the Wall Street Journal puts it, this is “the strangest Fed meeting in years” as “Consequential and contentious debates over the path ahead on rates are playing out under the glare of extraordinary political drama.” Indeed, to project dots, might future Fed meetings look like The Apprentice?Or could it be the War Room from Dr Strangelove? To quote
The Fed’s cutting while the economy’s growing: Buy more stocks, hold less cash, this bank says
The good times are set to continue for stocks, says a bank advising investors to broaden out exposure.
Homeowners pounce on falling mortgage rates, with more opting for risky, adjustable-rate loans
As mortgage rates fell sharply ahead of the Federal Reserve’s expected — and highly anticipated — rate cut, mortgage demand surged as homeowners rushed to refinance their home loans.
Arabica Coffee Prices Soar As Analyst Warns of "Weather Disasters" Risk Denting Global Production
Arabica Coffee Prices Soar As Analyst Warns of "Weather Disasters" Risk Denting Global Production Arabica coffee futures have soared over the past six weeks, reaching their highest level since February as traders closely monitor tightening supplies, adverse weather conditions in Brazil and other top growers, and uncertainty surrounding upcoming harvests, which has fueled a short squeeze.Arabica, the premium bean used by Starbucks, Dunkin', and other chains, jumped as much as 6.2% to $