Homebuyers are sitting out the market as pending sales hit six-month low
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On September 23 at the U.N. Climate Summit 2026, Secretary-General Antonio Guterres renewed calls for climate finance to reach $1.3 trillion annually by 2035, arguing that leadership must come from G20 members, which account for roughly 80% of global emissions. Processing Content A day later, four climate-finance leaders took up a practical question at the…
We’ve all had awkward moments. Disagreements at work. Faux pas in formal settings. The odd harmless fib that spins out of control. In the commercial real estate trade right now, the most awkward moments might be coming via a new trend that we covered this past week: owners such as RXR, SL Green, Ares Management…
Chime plans to acquire its bank partner, Oklahoma-headquartered Stride Bank, to further Chime’s efforts to provide “mainstream America” with better banking, the company said in a Tuesday (Sept. 8) press release. Chime signed a definitive agreement to acquire Stride for $590 million in cash, and the company expects the transaction to close in the first…
Bajaj Finance, one of the largest deposit-taking non-banking financial companies (NBFCs), on Wednesday raised interest rates on fixed deposits (FDs) by 15-40 basis points (bps) across tenures of 12 to 60 months, with the revised rates effective October 7. The move follows the Reserve Bank of India’s (RBI’s) six-member Monetary Policy Committee (MPC) raising…
By Christine Dobby (Bloomberg) –– Canada’s largest banks beat estimates across the board as trading and deals fueled a 35% gain from a year earlier in their capital-markets earnings, provisions for credit losses remained contained and the lenders’ domestic-banking units delivered solid results. The country’s two biggest lenders — Royal Bank of Canada and Toronto-Dominion…
Marcus & Millichap recently closed the sale of 49-03 Fifth St., a redevelopment site in Long Island City. The asset sold for $6.1 million. “The depth of the buyer pool in Long Island City is as strong as we have seen it,” said Sean Fopeano in Marcus & Millichap’s New York City office. “Developers remain…