Latest News

U.K. House Prices Ease as Tax Cut Starts to Phase Out

U.K. house prices fell unexpectedly in July, signaling a loss of momentum in the housing market after a tax break on purchases began to be phased out.
Fed to Stress Patience on Scaling Back as Virus Threat Lurks

With the delta variant posing a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell and his colleagues are likely to emphasize patience on scaling back the central bank’s massive policy support.
Landlords Sue U.S. for Rent Unpaid Under Eviction Moratorium

A landlords’ lobbyist said it sued the U.S. government to recover damages the organization claims its members suffered as a result of a federal moratorium on evictions.
Starwood Asks Monmouth Investors to Reject Sale to Zell’s REIT

Starwood Capital Group has filed with regulators in an attempt to get investors in Monmouth Real Estate Investment Corp. to vote against its plans to sell itself to Sam Zell’s Equity Commonwealth, ratcheting up the fight for the industrial real estate company.
A SPAC Earnings Disaster Leaves Advent Facing $800 Million Loss

It’s exactly what skeptics of the boom in special purpose acquisition companies have been warning about.

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