The Federal Reserve tested banks’ ability to endure a real estate crash, high unemployment and trading turmoil.
A jump in shares of Apple and Tesla helped the Nasdaq Composite eke out a slim gain even as other major indexes slipped.
A daily fantasy sports startup is betting that a big, new Atlanta headquarters will fuel its next stage of growth.
The online retailer is renaming its website and its mobile app after buying the intellectual property of the bankrupt home-goods store.
MAPS, a nonprofit, is working on an $85 million private share sale to keep itself afloat until mid-2024, when it hopes to start selling MDMA in the U.S.
Reports that the White House may clamp down on sales of semiconductors that power artificial intelligence capabilities sent tech stocks diving.
U.S. office workers are back at their offices roughly 50% of the time, according to data by Kastle, and that has been the case since the beginning of 2023, suggesting an emerging plateau for office occupancy.
Kastle’s Back to Work Barometer came in at a national average of 49.8% for June 21, up slightly from the week before, but down slightly from the week before that. Kastle calculates office usage in 10 major metros nationwide.
After the seasonal drop in usage in late 2022, the national average has hewed fairly close to 50%, which is more than last year, when it slowly rose from about…
The heads of the Federal Reserve, European Central Bank and Bank of England said that while inflation was moderating somewhat there was still more work to be done.
The president has a limited number of months before the election to turn around perceptions about his ability to steer the U.S. economy out of the aftermath of the global pandemic.
A tall wall of hard-to-refinance debt in the formerly high-flying and still in-demand multifamily sector is coming in October and November, according to a new report by Gray Capital.
In October alone, well over $4B in commercial mortgage-backed securities loans associated with multifamily properties will come due, and November’s total will be nearly $4B, multifamily investor Gray Capital reports, citing CoStar data. Those totals don’t count non-CMBS loans, so the actual total will be even higher than those figures.