S&P Global completes datacenterHawk acquisition
S&P Global completes datacenterHawk acquisition
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City Council’s Faux Outrage Over Mamdani Nominee for BSA
To begin this column, I had to check the spelling of “hissy fit.” What better term to describe the City Council’s reaction to John Mangin? Mayor Zohran Mamdani nominated the pro-housing Mangin to chair the Board of Standards and Appeals. The BSA is an important body for the real estate industry and recently gained more…
EPFO pension after death: Can your spouse and children get your pension? Know eligibility, amount and rules
An EPFO pension is not necessarily lost when a pensioner dies. For families that depend on the monthly payout, the Employees’ Pension Scheme (EPS) provides a separate family pension for eligible spouses and children. However, the benefit is not automatically transferred to the family. The eligible members need to make a claim with EPFO and…
Divided Fed Holds Steady on Interest Rates
Federal Reserve policymakers voted to hold interest rates steady at the July meeting, with three Federal Open Market Committee members voting against that decision and urging an increase instead, the central bank announced Wednesday. In announcing the 9-3 vote Wednesday afternoon, the Fed released this statement: “The Committee decided to maintain the target range for…
Poll: What is the biggest concern for clients coming off fixed rates?
Over a million ultra-low fixed rate mortgages are due to expire this year. The post Poll: What is the biggest concern for clients coming off fixed rates? appeared first on Mortgage Solutions.
Indonesia forms largest fund manager via four-way merger – report
Indonesia’s sovereign wealth fund, Danantara, has finalised the combination of four domestic asset management businesses into a single company, reported Bloomberg. The move will create the country’s biggest asset manager and aiming to strengthen its position against regional rivals, the report said. According to a statement from the State-Owned Enterprises Agency, the investment management arms of PT Bank Rakyat Indonesia, PT…
History Says Amazon Stock’s 2 Worst Years of the Past 15 Ended in Net Losses, and Both Rebounds Were Huge
Amazon (AMZN +3.97%) is running the largest capital-spending program in its history. The company expects about $220 billion in capital expenditures this year, an estimate CEO Andy Jassy raised from $200 billion in July. And the spending runs well past this year. On Aug. 26, Amazon Web Services (AWS) and Nvidia announced plans to put…
