Dollar holds near two-week high ahead of Fed decision
Dollar holds near two-week high ahead of Fed decision
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SME Capital Forced to Hand Over Hudson Yards Condo Building to Residents – Commercial Observer
Private investment firm SME Capital Ventures is handing ownership of 441 West 37th Street to the condominium board after an investigation by the New York Attorney General’s office. SME acquired the building out of foreclosure in 2023. It then failed to pay bills related to the Hudson Yards property and neglected safety violations, leading to…
What Are the Alternatives to Bridge Loans for Short-Term Financing?
Introduction: In this article, I’ll explore the alternatives to bridge loans for short-term financing. Bridge loans have long been famous for individuals and businesses seeking temporary funding to bridge the gap between financial needs. However, various other avenues can provide short-term financing solutions without the specific features and considerations associated with bridge loans. When…
CME Group to Launch First-Ever NHL Futures Contracts | LeapRate
CME Group has announced plans to launch the first index-based futures contracts tied to the National Hockey League. Pending regulatory approval, the new contracts are set to begin trading on September 28, coinciding with the start of the NHL’s 2026-2027 season. The futures will be based on CME FutureSports Performance Indexes (FSPI), which convert official…
Canada’s tariff response unlikely to spike inflation, economists say
Inflation outlook steadies rate expectations Bank of Canada Governor Tiff Macklem said Sept. 2 that inflation risk is on the rise, with higher energy costs topping Canada’s incoming dollar-for-dollar tariffs on US goods as the biggest potential driver of rising prices for consumers and businesses. In a statement, the central bank said upside risks to…
Victorian tradie cops $20k fine over unfinished projects
A Victorian tradie who took thousands of dollars from customers for building work he never completed has been convicted and fined $20,000. A tradie in Ballan, northwest of Melbourne, has been convicted and fined after taking thousands of dollars in deposits from home owners but failing to carry out or complete building tasks. Austin Bongart,…
Trump says he won’t sign the housing bill
Key insight: Trump promises to not sign the bill, but has not said whether he plans to veto it or not. Forward look: The bill becomes law at midnight without Trump’s signature or veto. What’s at stake: A number of community bank-favored riders are in the bill, including two brokered deposit bills. WASHINGTON — President…
