While shoring up the former Pfizer headquarters in Midtown East, its developer is also looking to shore up investor support. MetroLoft’s Nathan Berman has been talking to investors of the office-to-residential project since Tuesday’s incident, the New York Times reported. Berman’s ability to meet the construction timeline relies not just on the ability to resume […]
Teen Venezuela quake survivor mourns her ’young forever’ friends
Shawn Morris, former CEO and previously a member of the Board of Directors at Privia Health Group (PRVA 1.01%), reported the exercise of 135,498 stock options into common shares and immediately sold them for proceeds of approximately ~$3.57 million, as disclosed in the SEC Form 4 filing. Transaction summary Metric Value Shares sold (direct) 135,498 […]
The common thread linking this week’s biggest market events is the state of the U.S. economy. The biggest day is Tuesday, when the nation’s largest banks — JPMorgan , Bank of America and Citigroup , along with Club names Wells Fargo and Goldman Sachs — mark the start of second-quarter earnings season. As if that […]
Elon Musk and Sam Altman criticized each other in new posts on X, highlighting the billionaires’ long-standing tussle over OpenAI’s evolution. Musk and Altman helped to start OpenAI in 2015 as a nonprofit artificial intelligence research lab alongside a band of engineers and scientists. In 2018, Musk left OpenAI’s board after donating tens of millions […]
Fixed income investors continue to grapple with an uncertain macro environment, dominated by higher-for-longer interest rates and a new-look U.S. Federal Reserve, in which rate hikes may be forthcoming. Rather than make a directional bet on interest rates to combat duration risk, consider floating-rate ETFs, a compelling option. Key Takeaways: Floating-rate ETFs shield investors from […]
President Donald Trump’s administration is refusing to replace a pandemic-era housing voucher program, setting up a funding cliff that could leave thousands of New York City renters scrambling to stay housed. Federal housing officials told Gothamist the Department of Housing and Urban Development will not convert expiring Emergency Housing Vouchers into long-term Tenant Protection Vouchers, […]
Growing up, my sisters and I had no opportunities for family trips or exciting travel adventures. Mom didn’t know how to drive, and Dad was out on the road all week as a salesman. For us, an exciting, adventurous family trip was to the grocery store when Dad finally got home on Saturday (if we […]
I didn’t get an Amazon Prime membership until the pandemic, when the allure of delivery finally outweighed the yearly cost for me. I was impressed by the convenience, and never looked back — until three months ago when my Prime membership was about to renew. My budget has tightened, and I thought that if I’d […]
The Highway Trust Fund is funded with federal gas and diesel taxes that have not been raised since 1993.Bloomberg News The Highway Trust Fund, already on track to run out of money by 2028, would see its deficit increase by nearly $150 billion under the House-crafted surface transportation bill on the table, according to a […]