Chinese investors have poured their savings into gold, attracted by promises of rising prices. One company’s sudden closure is a cautionary tale.

They rose more than 4 percent as traders wondered if the United States would take a more active role in the conflict between Israel and Iran.

The president plans to sign another executive order this week that would give the popular video app more time to change its ownership structure.

Despite getting a life raft last year, 1440 Broadway is still taking on water.  The $399 million loan tied to the Manhattan building has gone into special servicing once again. After a loan modification, new ownership and a new property manager, it’s unclear what it will take to turn things around at the Midtown property.  […]

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In most mayoral elections in New York City, the outcome of the Democratic primary decides who gets to move into Gracie Mansion.
But the 2025 primary on June 24 might be a little more complicated, thanks to the second ranked-choice mayoral election and the most recognizable candidates openly discussing running as independents in the November general election if they lose the primary.
Leading the race is former Gov. Andrew Cuomo. He’s been the frontrunner and the real estate industry’s favorite option since he formally entered the race in March. His top competition is real estate’s least favorite candidate, state Assemblyman and Democratic Socialist Zohran Mamdani.
Also…

The bill was a significant step toward giving the cryptocurrency industry the credibility and legitimacy it has sought, without limitations it has worked to head off.

The updated findings from the Congressional Budget Office amounted to the latest dour report card for the president’s signature legislation.

After a few months of working through the Trump administration’s tariff policy, Metroplex-area retailers are beginning to breathe a touch easier.
Newmark Chairman Mark Masinter said conversations his company has with retailers today are very different from those in early April when it was fairly common for companies to freeze all transactions due to the uncertainty around the situation.

Annual financial disclosures revealed some of the perks of being on the Supreme Court, including international teaching and book sales.

As President Trump edges toward involvement in the Israel-Iran war, some of his longtime supporters in right-wing media are questioning his judgment.