Federal Reserve officials will head into their policy meeting this week confronting a resurgence in price pressures that could make their decision on whether to hold or hike interest rates a close call — and a contentious one.
Key Takeaways Economic growth is stronger than headline GDP suggests. Private sector activity currently outpaces GDP, which has been dragged down by net exports. The labor market is tight, not strong. Worker scarcity should keep jobs growth cooling and unemployment low. » Inflation likely peaked in May. Led by fading energy costs and cooling housing…
Volatility around the AI trade has been rough this week for bullish bets on stocks via leveraged ETFs
Nothing beats cooling off with an ice-cream cone on a hot summer day. And no matter whether you’re strolling a beach boardwalk, exploring a small town, or taking a road trip across the country, a stop at a beloved local ice cream shop is a summer tradition in every state. To identify the most iconic…
A Los Angeles-based matcha cafe chain has signed a retail deal for its first New York City location in Manhattan’s East Village. Archives of Us has leased 2,400 square feet at Highpoint Property Group’s 84 Second Avenue, where it will act as a cafe and retail presence for the matcha brand, according to landlord broker…
US President Donald Trump speaks to reporters after landing in Air Force One on July 19, 2026 in Joint Base Andrews, Maryland. Andrew Harnik | Getty Images U.S. President Donald Trump said he will soon make a decision on whether to launch a “massive attack” on Iran after the conflict in the Middle East extended…
HarbourVest Partners, a global private markets investment firm, is moving into its first New York City office, Commercial Observer has learned. The firm, which is headquartered in Boston, has inked a 10-year deal for 19,752 square feet on part of the 49th floor of the Soloviev Group’s 9 West 57th Street. SEE ALSO: United Talent…