Canada Inflation Slows to 2.8%, Below Expectations
Canadian inflation unexpectedly eased in February, building a case for the Bank of Canada to pivot to less restrictive policy in the coming months.
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Canadian inflation unexpectedly eased in February, building a case for the Bank of Canada to pivot to less restrictive policy in the coming months.
Bank of America Corp.’s Chief Executive Officer Brian Moynihan said it’ll take time for the banking industry to work through issues with commercial real estate loans, after a New York regional lender alarmed investors with its exposure to troubled debt.
An obscure investment product used to finance risky real estate projects is facing unprecedented stress as borrowers struggle to repay loans tied to commercial property ventures.
When Ken Griffin left Chicago, the billionaire listed several of his high-end properties in the Gold Coast, the city’s most exclusive neighborhood.
Vietnamese prosecutors sought the death penalty for real estate tycoon Truong My Lan, indicted in a $12 billion fraud case for her role in bribing government officials, violating bank lending rules and embezzling funds, VnExpress news website reported.
Jun 21, 2021
Bloomberg News
,(Bloomberg) -- The Trump Organization accused New York City of wrongfully terminating its contract to operate the Ferry Point golf course in the Bronx.
In a lawsuit filed Monday, former President Donald Trump’s company said it had fully complied with its obligations to operate the course as a “first class, tournament quality daily fee golf course” and that the city improperly ended the deal.
New York City terminated all contracts with Trump in February after the January 6 riot in Washington.
Trump Ferry Point LLC filed the suit Monday in state court in Manhattan.
Read More: Trump Finds Himself Abandoned by the City That Made His Name
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