Oil prices rise after vessel reports being hit in Strait of Hormuz

Zara is coming to Williamsburg, adding to the growing roster of retailers betting on the Brooklyn neighborhood. The Spanish fast fashion giant inked a lease at L3 Capital’s new retail development at 184-192 Bedford Avenue, The Real Deal has learned. The new location will occupy space on the lower level, ground and second floors of…

Shares of non-banking financial companies (NBFCs) tumbled on Friday, a day after the Reserve Bank of India (RBI) proposed curbs on revolving credit products, with analysts saying the draft rules could slow customer acquisition, weaken loan growth and compress yields for lenders with meaningful exposure.  While Bajaj Finance is seen as the biggest…

Key Points Investors haven’t been too fond of Amazon’s capital expenditure estimates for this year. Backlog for its AWS segment totaled $364 billion at the end of the first quarter. Amazon is spending to build out its AI infrastructure and increase computing capacity. These 10 stocks could mint the next wave of millionaires › Amazon…

Budget-conscious individuals aiming to enter the housing market are finally experiencing some relief as the national inventory of starter homes begins to improve, according to recent Redfin research. However, similar to many facets of the housing sector, the recovery is still slow and significantly varies by region. A starter home is characterized by economists at…

Mamdani’s pick to lead the Board of Standards and Appeals met lawmaker pushback, as the City Council approaches a crossroads at next week’s confirmation hearing. John Mangin, who is currently director of the Department of City Planning’s housing division, received vociferous opposition from many council members who took issue with a paper he wrote more…

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