Why is Lee & Man Paper Manufacturing stock surging today?

Supermarket chain Ideal Marketplace has renewed the lease on its 14,770-square-foot store in Manhattan’s Chelsea neighborhood.  The retail deal’s address at 317 Ninth Avenue resides between West 28th and West 29th streets, inside a United States Postal Service (USPS) property that spans the entire city block. USPS, which is actively operating at the connected 341…

German government not stopping UniCredit's takeover of Commerzbank, Merz says

By Mark Niquette (Bloomberg) — U.S. consumer prices declined in June for the first time in six years and a key gauge of underlying inflation was little changed, taking some pressure off the Federal Reserve to raise interest rates. The consumer price index fell 0.4% from May, dragged down by the biggest decline in gasoline…

By Sammy Hudes CREA is now expecting a total of 463,336 residential properties to be sold throughout the year, representing a 1.4% decline from 2025. That marks a reversal from its April forecast of a one per cent gain, which itself was a downgrade from the association’s January prediction of 5.1% growth year-over-year. The national…

Trade groups have largely welcomed what’s broadly more lenient treatment of securitizations in their comments on the latest U.S. Basel III endgame proposal, but some want to change certain details they fear could cause friction for home loans. Processing Content “The revised proposal reflects meaningful progress, including on several issues that are critical to the…

Rate is promoting the defection of over a dozen loan officers from New American Funding, who bring “nine figures” in production volume from the rival over to the Chicago lender, the company said. Processing Content The lending giant announced 14 new LOs coming from the retail competitor, including some originators who previously worked at Rate….