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Yellow Light Flashes for Tishman’s Hudson Yards Tax Break
Tishman Speyer is angling for the biggest economic subsidy of the Mamdani administration, but it didn’t come on Tuesday, when it was expected. New York City’s Industrial Development Agency failed to take up a resolution regarding a $100 million tax break for the developer’s project at 99 Hudson Boulevard in Hudson Yards, Bloomberg reported. A…
Fresh Layoffs At Oracle: Tech Giant Cuts More Jobs Amid Massive AI Investment; 21,000 Employees Already Gone
News Published: Monday, September 14, 2026, 22:20 [IST] Oracle, the US technology giant has started another round of layoffs as the US technology company looks to control costs while committing billions of dollars to artificial intelligence and cloud infrastructure. The latest job cuts come as Oracle expands its data-centre capacity to meet growing demand for…
Sales Of Lower-End Apartments Surge In Philly As Landlords Face Financial Issues
An increasingly cumbersome regulatory environment has converged with a broad market downturn to make operating apartment buildings in Philadelphia’s outer neighborhoods a major challenge. Some landlords are now heading for the exit. The relative bargains they often leave behind are being scooped up by opportunistic investors. Philadelphia Housing Authority Northmarq tracked 31 sales of multifamily…
Why Stepped-up Basis is Bad for Homeowners, Real Estate Agents
“Unless something was a wreck and needed to be totally redone, I just had nothing to show,” a top agent recently told The Real Deal for a story about Westchester County’s priciest markets. “It’s unbelievable how scarce the inventory is.” One reason is that longtime residents rarely sell. “One of my first buyers from 30…
Bank holidays this week: Will SBI, HDFC, ICICI, PNB remain open for all 6 days this week? — RBI calendar here
Bank holidays this week: All public and private banks across India will remain closed today since, 26 July is a Sunday. Hence, SBI, HDFC, ICICI, PNB and other banks across the country will remain closed today. According to the Reserve Bank of India’s holiday calendar, banking operations and physical in-branch services at all scheduled and…
How Warsh’s hawkish comments will impact mortgage rates
Federal Reserve Chair Kevin Warsh sent markets a clear, hawkish signal: don’t expect any interest rate policy shifts, post-speech commentators said. Processing Content Warsh, if anything, spoke out against providing the markets any forward guidance, which is typically used to price longer-term instruments. The speech was Warsh’s first as chairman at the Federal Reserve Bank…
