The 9,500 S&P 500 Dream Is Dead

Key takeaway: The personal consumption expenditure index, the Federal Reserve’s preferred measure of inflation, increased to 3.7% in July. Supporting data: Core PCE inflation, which excludes volatile food and energy prices, rose 3.3% from a year earlier. What’s at stake: Federal funds futures contracts tracked by CME Group showed Wednesday that just under 60% of…

A recent academic study reveals that small residential construction companies contribute disproportionately to the annual fatalities in the construction sector. However, there are opportunities to enhance jobsite safety through more intentional communication, particularly with subcontractors, and by incorporating safety buffers into project timelines. Researchers from the University of Hawaii and Oregon State University conducted interviews…

LondonMetric has sold seven assets for £85m, while pursuing a further £140m of acquisitions at yields above 6%. CRE Herald Market analysis, deal insights, and sector research trusted by fund managers, asset managers, and senior executives. Subscribe Now Login To Unlock The Content!   Previous…

As to be expected of someone starring on “The Real Housewives of New York,” the Empire State is definitively home for main cast member Erin Lichy, whether she’s at her New York City townhouse or the Hamptons estate she escapes to for a break from the Big Apple. Both properties are heavily featured in the…

Viewers of “The Real Housewives of New York City” have come to expect lavish homes from the cast members who have opened their doors to reality television camera crews, but new addition Daisy Toye is standing firm in her belief that in the right conditions, a humble apartment can be quite the asset. On the…