Auto Added by WPeMatico
Key insight: Erin Piacenti, 32, was fatally stabbed in Midtown Manhattan on her way home from her job at Bank of America, police say. What’s at stake: The young woman joined the bank less than two years ago and had just recently celebrated her second wedding anniversary. Expert quote: “We are shocked and deeply saddened…
Morgan Stanley downgrades Smith & Nephew stock rating on guidance concerns
Euroclear tapped HSBC yesterday (Tuesday) to supply the pricing, conversion and liquidity behind an automated FX service embedded in securities settlement. AutoFX will initially support more than 30 currencies and is due in early 2027, the companies said. Cross-border investors must secure the currency needed to settle a purchase within a shorter post-trade window once…
Essex Realty Group completed the sale of 17114 71st Avenue, a 12-unit multifamily property in Tinley Park, Illinois, for $1.51 million. The property consists of ten two-bedroom, one-bathroom units and two one-bedroom, one-bathroom units. Two units have been fully renovated, while the remaining ten are in standard condition. The property had been owned by the…
The thought of pulling the trigger on an investment property purchase can be daunting, but it’s important you get past it if you want to build a real estate portfolio. Picture it. After years of saving and working hard, you’ve got together a deposit and you’re in the position to buy an investment property. All…
IKEA is reducing prices on 1,500-plus products in Europe amid ongoing cost-of-living pressures. The Swedish furniture retailer announced Tuesday (Sept. 1) that it was investing nearly $1.4 billion to mark down prices by 15% to 25%. “The investment is not an activity or short-term campaign—it’s about making IKEA more affordable when people need it most,…
European Union rulemakers may yet answer market participants’ calls to require just one party to a trade to report its details – despite regulators recently dismissing the move. “My vision is that we generally move towards single-sided reporting,” says Markus Ferber, a member of the European Parliament, in an email to Risk.net. In July, the…
Beyond national averages, the Real House Price Index (RHPI)—which measures property values relative to changes in local household income and interest rates—shows varied trends across local housing markets. Affordability mechanics and purchasing power Nominal median household income grew 3.2% compared to June 2025 and an impressive 50.4% since June 2016. However, unadjusted home prices sit…
Midtown Manhattan is one big lease away from turning back the clock on the pandemic. The borough’s office market continued its march toward a post-pandemic recovery in August, with leasing staying well above historical averages and available space shrinking to its lowest level in nearly six years. Tenants inked deals for 3.25 million square feet…
The Country Club Plaza shopping district in Kansas City. The district will be redeveloped under a bond-funded plan approved by Port KC.Adobe Stock The Port Authority of Kansas City, Missouri, will issue up to $1.49 billion of conduit bonds for the redevelopment of Country Club Plaza, an open-air shopping district that covers 15 blocks in…