What new norm of slower Chinese growth could mean for the global economy
The Chinese economy could be facing a prolonged period of lower growth, a prospect which may have global ramifications after…
3 reasons it can be smarter to rent, even if you can afford to buy
Have the money to buy a home? If you follow through, it may not be money well spent. For generations,…
Bricks over bytes: New hard asset ETF places big bet on real estate
A new ETF is making a big bet on real estate and other hard assets. CBRE’s Investment Management launched the…
‘Bite of these higher rates is gaining traction almost every day,’ KBW CEO Thomas Michaud warns
A major financial services CEO warns the economy hasn’t fully absorbed higher interest rates yet. Thomas Michaud, who runs Stifel…
Goldman Sachs CEO David Solomon warns of pain ahead for commercial real estate
Goldman Sachs CEO David Solomon said Monday that his bank will disclose markdowns on commercial real estate holdings as the…
Treasury Secretary Yellen says she wouldn’t be surprised to see more bank consolidation
WASHINGTON — Given the overall environment in the industry, it’s likely for some smaller banks to consolidate, Treasury Secretary Janet Yellen…
New warning signs emerge for China’s property market
BEIJING — New data show China’s massive property sector is still struggling to turn around, despite signs of recovery earlier…
Billionaire Stephen Deckoff buys Jeffrey Epstein’s private islands
An investment firm led by the billionaire Stephen Deckoff has bought two private islands in the U.S Virgin Islands previously…
Charlie Munger says the U.S. commercial property market is in trouble: FT report
Charlie Munger believes there is trouble ahead for the U.S. commercial property market. The 99-year-old investor told the Financial Times…
