Federal Reserve Chairman Kevin Warsh reported proposing cutting back on the number of rate policy meetings held by the central bank’s Federal Open Market Committee (FOMC). According to a Wall Street Journal report sourced from unnamed “people familiar with the...
While the executive leadership of the Chicago Bears have been focused on the potential relocation of their team out of Illinois to a site in Hammond, Indiana, most of the prognosticators in the predictive market Kalshi are betting the team doesn’t leave the state. The...
Federal Housing Finance Agency Director Bill Pulte announced that he will step away from his position as interim Director of National Intelligence and enable Jay Clayton to take his Senate-confirmed role on Monday, Aug. 3. In a post on his personal X account, Pulte...
The latest shenanigans from Bill Pulte and Zohran Mamdani, Russian renters eyeballing Armenian apartments, and a “Partridge Family” star focusing on Catskills housing. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July...
The California property that is considered the world’s first motel has been listed for sale. Hayes Commercial Group is marketing the 4.21-acre site just off Highway 101 in San Luis Obispo. There is no asking price for the property, which was the site of the Milestone...
The delinquency rate for commercial mortgage-backed securities (CMBS) surged this month 51 basis points to 7.86%, according to a data report from Trepp Inc. One year ago, the rate was at 7.23%. Thomas Taylor, senior manager for research at Trepp, attributed July’s...
