The Trump Organization is partnering with Dar Global, the international arm of the luxury developer Dar Al Arkan, announced their third collaboration in Saudi Arabia with the launch of the $1 billion Trump Plaza Jeddah. The new development will encompass fully...
Macy’s Inc. (NYSE: M) is planning to close 14 stores in 12 states during the first part of this year. The retailer will shutter the stores following clearance sales that are set to begin in mid-January and run for approximately 10 weeks. In an email shared with...
A bankruptcy court has approved the Going Out of Business sales of all 89 remaining stores owned by American Signature Inc. The sale involves 79 stores in 13 states that operated under the Value City Furniture brand and 10 stores in Delaware and Florida that operated...
The Trump administration’s surprise decision to subpoena Federal Reserve Chairman Jerome Powell and threaten him with an indictment over alleged perjury during a congressional hearing was reportedly fueled at the insistence of Federal Housing Finance Agency (FHFA)...
Federal Reserve Chairman Jerome Powell announced the Department of Justice (DOJ) has served the central bank with grand jury subpoenas related to his testimony last June before the Senate Banking Committee related to the renovation of the Fed’s headquarters. In an...
A pair of unexpected housing policy proposals, an unfair accusation against a hotel chain, and an unlikely new theme park. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Jan. 5-9. Hit: Who Saw That Coming? The biggest...
