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A Boston-based hedge fund has emerged as the stalking horse bidder for defunct Spirit Airlines’ 2-year-old headquarters. Photo credit: Google Maps Spirit Airlines Opened The Office In 2024 At 1731 Radiant Drive. Boston-based Hill City Capital bid $88M in cash as the stalking horse bidder for the 8.3-acre complex in Dania Beach, Florida, according to bankruptcy…
Bank credit to industry accelerated sharply in June, growing 19.2 per cent year-on-year (YoY), nearly three times the 6.3 per cent growth recorded in the corresponding period last year, driven by broad-based expansion across micro, small, medium and large industries, Reserve Bank of India (RBI) data on sectoral deployment of credit showed. …
Rents fell -0.4% in the South and dropped -1.0% in the Mountain region, where new supply additions have outpaced demand absorption, according to Apartments.com. At the metro level, San Francisco recorded the strongest monthly gain among major markets at +0.59%, followed by San Jose at +0.39%, and led all metros annually with +10.9% year-over-year growth, reflecting…
Freddie Mac’s retained portfolio inched back up but came nowhere close to catching up with Fannie Mae’s, bearing out a 2026 trend that stands in contrast to last year’s. Processing Content Freddie’s retained portfolio was $139 billion at the end of June, up from $137 billion the previous month and $97 billion year earlier. Fannie’s…
Japan and US Take Joint Action to Halt Yen’s Historic Decline Coordinated Efforts to Stabilize the Yen Announcement of Joint Currency Market Intervention TOKYO, Aug 2 (Reuters) – Japanese Finance Minister Satsuki Katayama will announce on Monday that Tokyo and Washington took joint action in the currency market to arrest the yen’s slide to 40-year…
Photo taken on March 3, 2026, shows the U.S. Embassy in Amman, Jordan. Xinhua News Agency | Xinhua News Agency | Getty Images A number of U.S. Embassies in the Middle East on Saturday warned American citizens in the region to exercise caution and be prepared for flight cancellations amid growing tensions between Iran and…
Investors had an exciting April and May this year, when America’s S&P 500 stock market index rose 19.5%. But June was a quiet month, with the index losing 1%. The third quarter is likely to be similarly quiet as earnings catch up with the market, and the fourth quarter might be too. Market analyst Ed…
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Cboe Global Markets reported record financial results for the second quarter of 2026, with net revenue climbing 25 percent year over year to $731.6 million, the exchange operator announced Thursday. Diluted earnings per share for the quarter reached $3.35, up 50 percent from the prior-year period. Adjusted diluted EPS came in at $3.56, a 45…
Iran threatens to strike other nations’ energy fields if US launches fresh attacks Iran’s Warnings and Regional Tensions Over US Threats By Yasmine Ghania and Menna AlaaElDin Iran’s Response to US Actions CAIRO, August 2 (Reuters) – Iran warned this weekend against any “adventurous action” by the U.S. and said it would retaliate decisively if American…