Commercial Real Estate

Billionaire Investor Bill Ackman Is Betting 15% of His Entire Portfolio on This 1 Stock

Business
Jessica Roberts

Bill Ackman is the billionaire hedge fund manager behind Pershing Square Holdings. He has been crushing the market for years. For instance, ...

Rich Dad, Poor Dad’s Robert Kiyosaki Cautions Boomers Are At Risk Of Going Broke As Their Retirement Accounts Full Of ‘Fake Assets’ Plunge

Business
Jessica Roberts

Robert Kiyosaki, known for his bestseller “Rich Dad Poor Dad,” often takes to social media to sound the alarm on the financial ...

S&P Global downgrades outlooks on five regional US banks to ‘negative’

Business
Jessica Roberts

(Reuters) – Ratings agency S&P Global on Tuesday downgraded five regional U.S. banks to due to their commercial real estate (CRE) exposures, ...

Kevin O’Leary Says ‘Thank Goodness the Adults Came to the Rescue’ Following Donald Trump’s Bond Reduction to $175 Million

Business
Jessica Roberts

In an interview with Fox News reacting to the reduced bond facing Former President Donald Trump, Kevin O’Leary said, “Thank Goodness the ...

These Four Banks Could Be In Danger If Commercial Real Estate Continues To Falter

Business
Jessica Roberts

In January, New York Community Bancorp (NYCB) announced severe losses on its commercial real estate loan reserves and consequently suffered a 70% ...

How Trump’s Ex-Treasury Chief Landed 2024’s Highest-Profile US Bank Deal

Business
Jessica Roberts

(Bloomberg) — Three years after Steve Mnuchin finished his term as Donald Trump’s Treasury secretary and raised cash from overseas investors, the ...

Rate cuts likely at ‘some point’ this year: Fed’s Powell

Business
Jessica Roberts

Federal Reserve Chair Jerome Powell told House lawmakers Wednesday that interest rate cuts are likely “at some point” in 2024, and that ...

NYCB Ballooned Despite Real Estate Warnings in Years Before Fall

Business
Jessica Roberts

(Bloomberg) — The mood was practically giddy when the heads of two regional banks hosted a town hall in the spring of ...

NYCB Downgraded to Junk by Fitch, as Moody’s Goes Even Deeper

Business
Jessica Roberts

(Bloomberg) — New York Community Bancorp’s credit grade was cut to junk by Fitch Ratings, and Moody’s Investors Service lowered its rating ...

Investors are expecting rate cuts. But what happens to markets if they don’t come this year?

Business
Jessica Roberts

Aaron Schwartz/Xinhua via Getty Images Rate-cute outlooks have been clouded by hot economic data so far this year. Some market pros have ...