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While one prominent office development goes up around Grand Central Terminal, Tishman Speyer is preparing to sell another. Rob Speyer is marketing the fee simple interest in 6 Grand Central, formerly known as 666 Third Avenue, for an asking price around $450 million, the Commercial Observer reported. That would break down to about $584 per…
NAB will raise its variable home loan interest rates by 25 basis points after the RBA increased the cash rate in March. The bank has confirmed its updated rates will take effect from 27 March, consistent with its typical approach of adjusting rates 10 days after an RBA decision. NAB’s lowest advertised rate – offered…
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President Donald Trump restarted his effort to remove Lisa Cook from the board of the Federal Reserve following a Supreme Court ruling against him. ABC News reported that Cook received notice that the White House was “considering” removing her and gave her three weeks to respond. Cook, a Biden appointee, is one of the 12…
Plan sponsors do not need more technology. They need help deciding what fits, what connects and what will actually work. My last article framed the advisor as plan architect. The next step is understanding Retiretech well enough to help sponsors build better plan experiences. By retiretech, I mean technology-forward solutions improving plan design, delivery, engagement,…
Prediction market operators and the CFTC have been defending event contracts in court and publicly as federally regulated derivatives rather than sports bets. The regulator is now warning regulated firms not to present those contracts using one of the most familiar conventions of American sports betting. According to Bloomberg, the CFTC sent a letter to…
Kaynes Q1 FY27 slides: 40% revenue growth, margin pressure mounts
Image source: The Motley Fool. DATE Friday, July 31, 2026 at 8:30 a.m. ET CALL PARTICIPANTS President and Chief Executive Officer – Suresh Krishna Chief Financial Officer – Dan Schumacher Investor Relations – Ryan Johnsrud TAKEAWAYS Revenue — $149.3 million, up 10.2% in constant currency, representing a company record. Non-GAAP EPS — $0.60, a 45%…
Aby Rosen is ratcheting up his fight with SL Green. Rosen’s RFR in December bought a $1 million apartment in the residential condo building at 5 East 44th Street. What would Rosen — who basks in a lavish lifestyle of high-end art and a private yacht — want with such a modest home? As it…
Alphabet (GOOG -0.88%) (GOOGL -0.96%) is one of the world’s largest companies, and it posted one of the most profitable quarters in history. It delivered an incredible $112 billion in net income. However, that comes with a big asterisk. In Q2, Alphabet generated $120 billion in revenue. It’s nearly impossible for a company to turn…