New York and California lost more than $90 billion in income during the Covid-19 pandemic as high-earning residents relocated to states with lower tax environments. According to a CNBC report that analyzed new data from the Internal Revenue Service, New York saw the...
The fintech sector is going to experience a sixfold increase in revenues over the next seven years, according to a new report by Boston Consulting Group (BCG) and QED Investors. The report, “Global Fintech 2023: Reimagining the Future of Finance,” is forecasting a...
Zillow Group (NASDAQ: Z, ZG) has reinforced its place on the artificial intelligence bandwagon with its new Zillow ChatGPT plugin. According to the Seattle-headquartered company, the plugin enables use of conversational language for inquiring about specific property...
Rasmala Investment Bank Ltd., a Dubai-based alternative investment manager, has launched five-year strategy to create a portfolio of multifamily residential properties in the U.K. that will exceed $2 billion in investment value. According to the company, the strategy...
Canadian Tire Corp. Ltd. (TSX: CTC, CTC.A) announced the expansion of its retail store presence through a $1.6 million acquisition of 10 real estate leases formerly held by Bed, Bath & Beyond (NASDAQ:BBBY). The 10 leases combined represent more than 242,000 square...
Canadian homeowners are pessimistic over the prospect of maintaining their mortgage payments in the wake of rising rates. According to a new study from the nonprofit Angus Reid Institute that polled 1,600 Canadian adults, nearly one-third (30%) of respondents said...
