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It’s a straightforward morning in the bond market. We’re not seeing any of the sorts of “unseen hand” trading that accounted for the timing of yesterday’s pre-market weakness. We simply have oil prices erasing about half of yesterday’s rise. Bond yields are trying their best to be able to say the same, but they’re not recovering…
Affiliated Development has closed on a $74 million construction loan with Pacific Life Insurance Company for The Cove, a mixed-use, mixed-income multifamily development on the northwest corner of Sunrise Boulevard and Federal Highway in Fort Lauderdale. Just over half of the 374 units will be restricted to families earning 120% of the Area Median Income….
Three habits—from reading beyond your field to questioning your assumptions—that can help young professionals stay ahead.
China AI software and cloud-focused ETFs had a strong July, benefiting from the release of Moonshot AI’s Kimi 3 Large Language Model. As shown in Figure 1, the KraneShares CSI China Internet ETF (KWEB) significantly outperformed both the Roundhill Magnificent Seven ETF (MAGS), which is dominated by U.S. hyperscalers, and the iShares MSCI China ETF…
Jasper Wu is looking to build bigger in Astoria, filing plans for a new development a few blocks from the failed Innovation QNS megaproject. Wu’s ZD Jasper Realty wants to rezone a 48,000-square-foot development site at 34-49 Steinway Street from commercial to mixed-use, according to an application filed with the city Planning Department. The rezoning…
Summary Date of meeting: 4 June 2026 Item 1: Welcome, introductions and context The Chair introduced the first RTGS CHAPS Industry Forum. This group will meet regularly to provide industry input on a range of strategic issues relating to both the live operation and change roadmap for the RTGS and CHAPS services operated by the…