January 31, 2024
“The highest quality office buildings have had much better success navigating the industry’s turmoil. Now, even premier towers are starting to wobble…” https://www.wsj.com/real-estate/commercial/the-real-estate-downturn-comes-for-americas-premier-office-towers-717477a9 The real estate crisis is not in the housing market. (yet?) It’s commercial real estate. The problem in… Continue Reading…
January 22, 2024
“The parent company of Burger King is buying out its biggest franchisee in the U.S. for about $1 billion and will renovate hundreds of its locations. Restaurant Brands International Inc. will acquire all of the issued and outstanding shares of… Continue Reading…
January 19, 2024
https://www.wsj.com/politics/policy/6-trillion-in-taxes-are-at-stake-in-this-years-elections-ee4353ed This article is behind a pay wall but let me guess. Republicans want tax cuts and Democrats don’t. As for the “powers that be” They see Donald Trump winning the election. “U.S. executives in Davos see a Trump victory… Continue Reading…
January 19, 2024
“Bank of America is out with its fourth-quarter earnings this morning. The bank said earnings would have been better if not for the one-time items. The drop in earnings is largely because of one-time items that investors already expected…” https://finance.yahoo.com/m/2299c302-d37c-3fa6-84cd-85f2e719c1e6/bank-of-america-profit-s-fell.html… Continue Reading…
January 18, 2024
“…Thursday’s report from the Labor Department showed that overall prices rose 0.3% from November and 3.4% from 12 months earlier. Those gains exceeded the previous 0.1% monthly rise and the 3.1% annual inflation in November and were slightly above economists’… Continue Reading…
January 17, 2024
“…The figures show the Federal Reserve is facing a bumpy path to tame inflation, which risks staying elevated in coming months should prices of goods, such as clothing and cars, continue to climb. Fed policymakers and Wall Street economists have… Continue Reading…
January 11, 2024
“The unemployment rate for Black Americans fell significantly in December, closing out 2023 on a positive note, according to data released Friday by the Department of Labor. Black Americans, the group with the highest jobless percentage in the country, saw their unemployment… Continue Reading…
January 8, 2024
“…Nonfarm payrolls increased by 216,000 jobs last month, the Labor Department’s Bureau of Labor Statistics said in its closely watched employment report on Friday. Data for November was revised lower to show payrolls rising 173,000 instead of 199,000 as previously… Continue Reading…
January 8, 2024
“…December’s jobs report showed employers added 216,000 positions for the month while the unemployment rate held at 3.7%. Payroll growth showed a sizeable gain from November’s downwardly revised 173,000. October also was revised lower, to 105,000 from 150,000, indicating a slightly less… Continue Reading…
January 5, 2024
“…Private payrolls increased by 164,000 for the month, a substantial rise from the downwardly revised 101,000 in November and better than the 130,000 estimate from the Dow Jones consensus, according to the payrolls processing firm… There were only a few… Continue Reading…
Recent Comments