HUD showcase spotlights Cavco chassis-free manufactured home

“Roth assets would provide our children with tax-free distributions.”

Harbor Group International landed an extension for a large commercial mortgage-backed securities loan at the famed Black Rock building in Midtown West, though there are mixed signals on the level of distress facing the loan and property. HGI scored an extension on the $420 million CMBS debt a month ahead of its October maturity, the…

Exchange-traded funds (ETFs) are widely synonymous with passive investing. So much so that when investors ponder how to invest in index funds, many instinctively turn to ETFs. ETFs’ links to passive, or index-based, investing are among the reasons why the asset class was once viewed as a threat to active mutual funds. That perceived threat…

Labor force exits drive unemployment lower The unemployment rate fell to 4.1%, its lowest reading since June 2025, but the dip came for the wrong reasons. Some 264,000 Americans exited the labor force entirely in July, dragging the participation rate to 61.4%, its lowest level since February 2021. The share of the population either working or actively…

Federal Reserve Governor Michael Barr said at a banking forum Tuesday that he would be prepared to support an interest rate hike if inflation doesn’t ease. Speaking at a forum in Washington, D.C., Barr said he’s concerned about “broader price pressures taking hold” as inflation has remained stuck above the Fed’s 2% target for nearly…

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