Parents putting money in ‘Trump accounts’ could get a $2,500 tax break. Here’s how.

A private-label securitization closed by Systima Capital Management for a portfolio of nearly 1,300 subsided apartments underscores the potential for use of the commercial mortgage-backed securities (CMBS) market in affordable housing deals. Systima closed the $153 million tax-exempt affordable housing bond deal through the Public Finance Authority securitized by a pool of loans on seven…

On July 1, Robinhood Markets (HOOD 3.96%) launched its new Layer-2 blockchain, Robinhood Chain. Its Robinhood Wallet also began routing perpetual futures — leveraged crypto derivatives with no expiration date — through Lighter (LIT 11.82%), a decentralized crypto exchange that launched last December. Lighter’s token spiked on the news as did Robinhood’s stock. So is…

Millions of older workers could face a longer wait until they retire amid reports that changes to the state pension age could be brought forward. Currently, the state pension age is due to rise to 68 from 2044 but a report from the Office for Budget Responsibility (OBR) suggests this could take place sooner. It…

JPMorgan Chase is embarking on an ambitious multi-year program to boost housing supply and affordable lending through 2035. Processing Content The New York-based banking giant unveiled the plan on Monday, which stands as a key pillar of its American Dream Initiative to support targeted community investment. The bank expects to issue more than $750 billion…

Influencer Halley Kate McGookin has found a new pad in New York City—and with countless bold design features, the apartment’s aesthetic is a far cry from minimalism. “The rumors are true… I moved,” the recently-married content creator, 26, shared in an Aug. 11 TikTok, in which she playfully dances around a kitchen with a glossy…