Processing Content Key insight: Citizens Financial Group plans to shut down credit facilities for a pair of clients, CoreCivic and The Geo Group, two of the largest private-prison operators in the country. What’s at stake: The move comes amid growing pressure by activist groups and communities that have called on Citizens to break ties with…
President Donald Trump’s sweeping tariffs were supposed to raise billions of dollars in government revenue while reviving American manufacturing. Instead, after a Supreme Court ruling forced the Trump administration to reimburse much of the money it collected, it’s now looking for workarounds to impose tariffs anyway. One such workaround will take effect later this month,…
Setting up a solid investment portfolio or buying the right insurance is only the starting line. A financial review is the steering wheel. Without it, even the most perfectly designed financial plan will eventually drift off course. Life is rarely static: You get promoted, have children, markets crash and inflation rises. A financial review…
California condo defect liability bill on deck after recess Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 6 minutes ago Latest
A seasonal pattern the S&P 500 has followed for years is about to expire… Listen to the audio version of this article (generated by AI). Editor’s Note: The market may seem unpredictable from one day to the next. But when you study enough history, certain patterns begin to emerge. We have certainly seen plenty of…
Flexi cap mutual funds, which are known for giving fund managers the flexibility to invest across large-, mid- and small-cap stocks, have had a subdued year. Data shows that not a single flexi cap fund delivered double-digit returns over the past year. The best-performing scheme, Quant Flexi Cap Fund, returned 9.91%, while only five funds…
A week after a safety incident made national news, we’re beginning to get clarity on what led to a blocks-wide evacuation at the project at the former Pfizer Building. It appears that construction workers at the Midtown office-to-home conversion failed to install key steel reinforcement that could have caused two columns to buckle. The two…
In public appearances this week, a number of top Federal Reserve officials signaled a strict crackdown on sticky inflation, setting a hawkish tone ahead of the next policy meeting later this month. Fed Chairman Kevin Warsh made his first Congressional appearance in the new role on Tuesday, telling lawmakers that members of the rate-setting Federal…
Prime Residential acquired the 132-unit complex in the Miracle Mile neighborhood for $51.3 million. An LLC tied to Studio City-based Harrison Properties sold the property at 740 South Burnside Avenue, named Palm Court Apartments, for approximately $388,000 per unit. Marcus & Millichap’s Jeff Louks, Gayle Factor and Elliot Sabag represented the seller, while Matt Ziegler…
Dallas-based data center operator Csquare’s initial public offering Wednesday fell roughly $300M short of the capital it hoped to raise. Csquare, backed by Brookfield Asset Management, had aimed to raise $1.35B by selling 50 million shares at between $23 and $27 a pop during its Wednesday IPO. But its shares wound up fetching $21 each, potentially…