Federated Hermes invests in Penny Blue’s European real estate debt fund

There are multiple signs that inflation has peaked, according New York Federal Reserve President John Williams, allowing the Fed to hold interest rates in place despite market expectations for a hike in coming months, CNBC reported. Williams cited five reasons why he expects the latest price surge has run its course in a speech delivered…

Svetikd | E+ | Getty Images The U.S. Department of Education’s new Repayment Assistance Plan, or RAP, offers certain benefits to student loan borrowers — but only if their bill is paid on time. “Being late with a payment, by even just one day under the RAP repayment plan, will cost you,” said higher education…

East West Bancorp Has Proven Me Wrong (Upgrade)

The top five billionaires of the world together hold a wealth of nearly 2 trillion dollars. The companies they founded are worth trillions. One of them is even a trillionaire! But have you ever wondered how much tax they pay? Surely, one would like to believe they contribute a humongous amount of tax revenue to…

A joint venture among PCCP, Claremont Development, and Stanbery Development Group has secured $188 million to refinance the District 15Fifteen, a 498-unit multifamily property in Parsippany, N.J., Commercial Observer can first report.  Affinius Capital provided the debt, which will finance the lease-up and stabilization of the property, as it opened only last month. Cushman &…

A large plume of smoke rises over St. Petersburg following a Ukrainian drone strike targeting logistics facilities operated by Wildberries, Russia’s largest online retailer, on July 24, 2026 in St. Petersburg, Russia. Anadolu | Anadolu | Getty Images A Russian attack on an energy facility in Ukraine’s northern city of Chernihiv and surrounding district on…