CMBS office delinquency rate hits all-time high in July

Wikimedia Commons/Andre m As California’s housing crisis increasingly shapes the state’s political agenda, gubernatorial candidates Xavier Becerra and Steve Hilton are advancing sharply different visions for where new housing should be built and how state leaders should accelerate development. Hilton wants to build 10 new cities, with counties “bidding to host the construction” of the…

The recent Starship launch helps SpaceX with a number of priorities that could help its stock reach $900 over the long run, an analyst says.

The White House is considering throwing its weight behind a push to increase a capital gains tax exemption for primary home sales and cut levies on investments ahead of the midterm election — changes that would disproportionately flow to some of the wealthiest US households. Processing Content National Economic Council Director Kevin Hassett and Fox…

Insurance claims have always been document-heavy, time-sensitive, and prone to fraud. A single corporate loss event can produce thousands of pages of notices, reports, and correspondence that a claims handler must evaluate quickly. The volume keeps growing. Artificial intelligence agents are beginning to take on the work. The shift is happening inside the world’s largest…

Follow us Add us as a preferred source on Google Newsletter Subscribe to our newsletter “Our investment philosophy is very simple,” says Stephen Yiu, manager of the Blue Whale Growth Fund. “It’s basically Follow the Money.” “The way that we understand how the world economy operates is that there are three sources of spending: consumer…

Still, 39.21% of Canadians said they are worse off than a year ago, compared with 10.60% who feel better off. Sentiment is weakest in British Columbia, at 44.52. In Ontario, the reading fell to 48.53 from 52.42. Among renters, confidence dropped to 48.51 from 54.27 over the same four weeks. Aled ab Iorwerth, deputy…