German unemployment rises slightly less than expected in October

Residents at the Ellery, a mixed-use residential development in Manhattan’s Hell’s Kitchen neighborhood, are getting another retailer at the base of their 33-story home.  PNC Bank has signed a 3,500-square-foot retail lease at the base of the property at 312 West 43rd Street, according to co-developers and co-owners Taconic Partners and National Real Estate Advisors….

Asia Shares Soar Amid Tech Rally; Oil Drops With Strait of Hormuz Hopes Market Movements and Economic Updates By Wayne Cole Asian Stock Markets Surge SYDNEY, Aug 5 (Reuters) – Asian stock markets jumped on Wednesday as strong earnings and a resurgence of demand for tech lifted Wall Street to record peaks, while hopes for…

Key insight: Banks have a great deal of exposure to America’s AI industry, which could become a major problem in the event of a growth slowdown or crash. Supporting data: The banking sector has already lent about $800 billion to businesses involved in building out AI’s physical infrastructure, a Columbia finance professor has estimated. Expert…

One of the most dangerous phrases in property investing is: “It’s always worked for me.” After more than 30 years investing in property, I’ve learnt that the market never stands still. Interest rates and finance change, legislation and tax evolve, tenant expectations shift and, as a result, the opportunities available to investors change too. Yet…