Elon Musk’s refusal to pay Twitter’s rent contributed to the surge in commercial real estate loan delinquencies that Goldman Sachs Group Inc. faced in the first quarter, the Financial Times reported.
Smoke from the worst wildfires in Canadian history returned to New York City and the Northeast on Saturday after a brief reprieve of clear skies and clean air, though this round was not as severe as earlier in the week.
New York state lawmakers ended the 2023 legislative session without voting on twin bills meant to overhaul the process for restructuring sovereign debt.
A sharp weekend selloff in crypto led by a slump in smaller digital tokens set off a fresh wave of anxiety among investors, following a week in which a crackdown by the US Securities and Exchange Commission on the sector gained significant pace.
Federal Reserve policymakers are about to take their first break from an interest-rate hiking campaign that started 15 months ago, even as they confront a resilient US economy and persistent inflation.
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