real estate

Sen. Elizabeth Warren pushes Fed Chair Powell to cut ‘astronomical’ rates, ease housing pressure

Sen. Elizabeth Warren, D-Mass., and three other Democratic lawmakers are pushing Federal Reserve Chairman Jerome Powell to lower interest rates…

China removes state media article on plans to merge bad debt asset managers with sovereign wealth fund

China state media removed a story that initially reported that Beijing plans to merge its largest state-owned bad debt asset…

‘It’s really bad’: China strategist warns of deflation and rock-bottom consumer confidence

Deflation may soon start biting into Chinese growth, as Beijing looks at another three to six months of a “very…

Trump loses appeal of fraud trial gag order at top New York court

The top court in New York State on Tuesday rejected an appeal by former President Donald Trump of a gag…

National Association of Realtors president says she is resigning after blackmail threat

The president of the National Association of Realtors on Monday said she was resigning due to a blackmail threat that…

The 2023 U.S. economy, in a dozen charts

The state of the U.S. economy may be a chief concern among Americans, but 2023 wound up as a pretty…

AG wants Trump banned from New York real estate business for life, fined $370 million in fraud case

The New York attorney general on Friday asked a judge to ban former President Donald Trump from the state’s real…

‘Big Short’ investor Steve Eisman worries ‘everybody is coming into the year feeling too good,’ sees room for disappointment

Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with…

Trump judge slams credibility of paid expert in fraud case, suggests fee influenced testimony

The judge presiding over the high-stakes civil business fraud trial of former President Donald Trump harshly questioned the credibility of…

Macy’s shares surge 21% after it receives $5.8 billion buyout offer

Arkhouse Management and Brigade Capital Management have offered to buy Macy’s for $5.8 billion, people familiar with the matter told…