Author: Charlotte

Remember a couple months ago when a $280 million loan on the Slatkin brothers’ Casa del Mar and Shutters on the Beach was sent to special servicing? The brothers, then, said it was a disagreement over an extension stipulation, and called the servicer’s position “unnecessarily aggressive.” There’s an update from Thomas Slatkin, who tells TRD that “replacement financing in excess of $280 million has been arranged with a well-known lender and is scheduled to close September 30, at which point the senior loan will be repaid in full.”The brothers have another loan on the luxe Santa Monica hotels — a $120…

Space Exploration Technologies (SPCX -1.20%), better known as SpaceX, shattered records with its IPO, issuing almost $86 billion in stock. And while management favored retail investors with its IPO allocations, institutional investors still held a huge amount of the stock as of the end of the quarter. Filings with the SEC revealed 1,941 professional investment managers and corporate investors held more than $600 billion worth of the stock as of June 30. Many of those shareholders were required to hold their shares through July, but in August, they finally got the opportunity to cash out some of their investments, and…

FPCCI says intra-regional trade at just 8.75%; vast resources remain underutilised due to trade barriers KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Atif Ikram Sheikh has called for revamping and effectively implementing the ECO Trade Agreement (ECOTA) to enhance intra-regional trade and transform the Economic Cooperation Organisation (ECO) region into a more integrated and competitive economic bloc, a statement said on Saturday. The ECO region currently accounts for only around 4% of global trade, while intra-regional trade stands at approximately 8.75%, significantly below its actual potential, Sheikh said. The region possesses enormous economic advantages, including vast…

In late August and early September 2026, Home Depot expanded its Magic Apron AI assistant with localized, multi-language in-store support across more than 2,000 U.S. locations, while also completing a prior share repurchase program and filing a US$477.11 million shelf registration for 1,500,000 common shares. This combination of AI-enabled customer service and added capital-raising flexibility highlights how Home Depot is pairing technology investment with balance sheet optionality to refine its long-term retail model. Next, we’ll examine how Magic Apron’s AI-enabled in-store guidance may influence Home Depot’s investment narrative around technology, margins and growth. The future of work is here. Discover…

September 6, 2026 — 5:00amSaveYou have reached your maximum number of saved items.Remove items from your saved list to add more.AAAThe lower price and high impact of drone warfare is pushing down the financial costs of aerial bombardment, forcing a rethink from militaries and governments.At the same time, the blistering pace of drone innovation is also disrupting traditional defence manufacturing by lowering the barriers and opening the door to favour smaller, more nimble companies.Iran’s Shahed drones on display in a 2023 photo.Drones have come to define the Ukraine-Russia conflict and their effects are playing out daily in the Middle East.…

It’s no secret that the 1849 gold rush bankrupted far more people than it made rich. It’s a lesson that is aptly applied to gold stocks today or any stock for that matter. The fear of missing out (FOMO) might be a modern acronym but the emotion is ancient. In the stock market, it’s a dangerous and sneaky emotion. In… Copyright ©2026 Investor’s Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8 Source link

For investors looking to park money for a few months to three years, debt mutual funds offer alternatives to bank fixed deposits (FDs), with potentially greater liquidity and flexibility, but their returns are market-linked and carry some risk. Bank FDs remain the default choice for Indian savers because they offer certainty of returns and capital stability. Debt funds, on the other hand, may suit investors willing to accept some fluctuations in value in pursuit of potentially better returns.Unlike bank deposits, mutual fund returns are not guaranteed. Their performance is influenced by factors such as interest rates, portfolio maturity and credit…

Home/News Feed/Private equity is buying REITs again, signaling possible undervaluation and more takeovers ahead.Private equity firms are increasingly acquiring Real Estate Investment Trusts (REITs), often paying significant premiums. This trend suggests that many REITs may be undervalued compared to the private market value of their properties. The article highlights this as a historic opportunity for investors, with potential for more REIT takeovers in the near future. Jussi Askola, a REIT investing expert, shares insights and real-money portfolio actions through his High Yield Landlord group. Source link

The George J. Stigler Center for the Study of the Economy and the State at the University of Chicago Booth School of Business designs, discusses, and disseminates ideas and research on political economy, the role of special interests, and the future of capitalism. The Affiliate Fellow programme is a 3-year, non-resident appointment that seeks to strengthen and cultivate a multidisciplinary community of up-and-coming scholars worldwide working on political economy, regulatory capture, and competitive markets. On June 20th, the Stigler Center announced the new fellows selected to their prestigious programme – among them the Department’s permanent faculty member Michele Fioretti!  Michele Fioretti joined…

The family behind plans for 93 homes, in Pulborough, have outlined why they think the development should be approved, despite an objection from the parish council.The Macari family has submitted an outline planning application for the Toat Café site – at Stane Street, North Heath – under planning reference DC/26/0826.The proposals include up to 100 residential dwellings, including 35 per cent affordable housing, alongside a pharmacy, shop/café and areas of open space. The family says the scheme would provide much-needed housing while creating new community facilities and securing a future for the long-established Toat Café site.The Macari family has submitted…