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A proposed Federal Housing Finance Agency (FHFA) overhaul of its Duty to Serve (DTS) regulation drew its final industry comments Friday, with lenders, bankers and community advocates expressing caution as a public comment period ended. The comments broadly support preserving the program’s mission while urging the FHFA to maintain accountability, transparency and measurable outcomes as…
DET said the alliance is intended to help global investors understand Dubai’s economic direction. Credit: Government of Dubai media office/ Julius Baer. Julius Baer (Middle East) has entered an agreement with Dubai’s Department of Economy and Tourism (DET) to help overseas investors, business owners and family offices set up or broaden their activities in the emirate. The partners seek to create more…
One week after the World Cup final, FIFA President Gianni Infantino attacked perceived critics for “spreading hate and false rumors” about the tournament. Infantino praised FIFA for “delivering the best show in the world” and spoke of the World Cup bringing “joy and togetherness,” in a 900-word statement published across a 15-page post on his Instagram account and on FIFA’s…
AI-powered lettings business Dwelly has secured £125 million in funding to support its acquisition strategy of independent letting agencies and expand its technology platform across the UK and into European markets. The funding round was co-led by EQT Growth and General Catalyst, comprising $95 million in equity and a further $75 million through an expanded…
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Democrat Paige Cognetti is taking a shot at artificial intelligence data centers in her challenge to freshman Republican Rep. Rob Bresnahan, saying “we’re not for sale” in a new TV ad in a swing Pennsylvania congressional district where communities are fighting data center projects. The race between Cognetti, the mayor of Scranton, and Bresnahan is considered one of the…
The city is looking for a “best in class” operator to run its first five municipal grocery stores. Grocers across the five boroughs who balked at the prospect of competing with Mayor Zohran Mamdani’s city-backed supermarket pilot now have a chance to get in on the action, after the Economic Development Corporation put out a…
UPS’s stock rallies after reporting an earnings beat and raised outlook.
The owner of a vacant office property on Boston’s waterfront that was previously proposed for redevelopment has listed it for sale. 400 Atlantic Ave. Luxembourg-based JAJ Investment Group has listed a 100K SF property at 400 Atlantic Ave. for sale, according to a CBRE listing. The investment firm paid $30M for the property in 2024 and filed a…