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Fort Worth's Burnett Plaza has dominated the city's skyline as its tallest building since 1983. In San Jose, the property at 3100 North First Street was similar to one of the city's premier commercial destinations. Both properties became distressed a
STORE CLOUDS Walmart store closures are a warning sign of retail apocalypse with other chains also facing threat, expert says
Federal Reserve Bank of Minneapolis President Neel Kashkari says he sees a risk of "big losses" from commercial real estate during an event in London
Walmart is under fire on social media following the launch of its new collection of LGBT-themed merchandise for Pride Month.
Retail stores are being shut down at a staggering rate all over the country. If we stay on the pace that we are on, the total number of stores closed in 2024 will be nearly 40 percent higher than the total number of stores closed in 2023.
BIG SHORT 2.0 – Investors holding top-rated debt backed by commercial real estate suffer LOSSES for the first time since 2008 financial crisis
Tesla has been hyping up a $25,000 EV for years. Here's what we expect.
So far in 2024 there have been more layoffs and we can't even count. Every week dozens of companies are announcing more job cuts we get we keep being told that the economy is doing great.
"Feedback from our members suggests this has become a breaking point for many small restaurant businesses."
"I've got fifteen examples of companies where AI is expanding profit margins from between 5-40%," said Lone Star, a Top-5 best performing US endowment CIO. "And yet, no one seems to believe this story," he said, long, confident, convicted.
Today the BEA released April data on inflation-adjusted income and spending. Let's discuss the charts.
America In 2024: Fast Food Is A "Luxury", 11 Million Children Live In Poverty, And 1000s Of Stores Are Closing
After months of silence, a couple of critical developments from the beleaguered commercial real estate sector show up all at once. For the first time since the Global not-Financial Crisis, a senior tranche of a CLO took losses - a lot of losses - whi
Some of the nation's largest retailers are rolling back prices in response to low-income consumers hitting a proverbial brick wall.
Burger King is launching its own $5 meal deal - and it beats McDonald's version in several key ways.
Elon Musk's SpaceX is reportedly discussing with investors and insiders to sell existing shares, potentially valuing the company at nearly $200 billion.
It has been a year since a string of U.S. regional bank failures, together with the collapse of global heavyweight Credit Suisse, caused many to fear that a major financial crisis was imminent.
Caution. Every time I suggested consumers may throw in the towel, it didn't happen. Counter caution, real (inflation-adjusted) spending is negative year-over year for 12 out of the last 17 months.
Walmart Soars To Record High After Beating Estimates, Guiding Higher As Consumers "Trade Down"
Under Armour Approves Restructuring, Warns Of Collapse In Clothing Demand As Buyback Authorized To Save Plunging Stock
When Canada's Nortel Networks went bankrupt in 2009, China's Huawei recruited an entire Nortel team to its Canadian arm to advance its 5G networks development. As Canada banned Huawei in its 5G network in 2022 over security concerns, the former N
Tesla is renting parking lots to store thousands of vehicles. This helps explain the mass layoffs.
Volatility in "meme stocks" continued in premarket trading on Wednesday as AMC Entertainment Holdings announced a debt-for-equity exchange for $163.9 million in bonds maturing in 2026.
Struggling restaurant chain Red Lobster is reportedly abruptly closing at least 48 of its outlets across the US amid warnings they may file for bankruptcy.
A "Restaurant Apocalypse" Is Starting To Sweep Across America, And That Is Really Bad News For The U.S. Economy
...a 1.6M San Francisco downtown trophy office complex
"My god it's him, he's really back. To give a hedgefund bitch a heart attack. To make a million apes..."
IPO Nearing? Elon Musk's Starlink In Hyper-Growth, Surprises Analysts With $6.6 Billion Revenue Projection
The Missing Piece Of The Puzzle: Behind The Inexplicable "Strength" Of US Consumers Is $700 Billion In "Phantom Debt"
