How The Fed Cut Could Save Homebuyers Tens of Thousands in Interest
The Federal Reserve today cut its benchmark policy rate by a modest 0.25%. This move signals a pivot in monetary policy, but internal discord was immediate and vocal.
The Federal Reserve today cut its benchmark policy rate by a modest 0.25%. This move signals a pivot in monetary policy, but internal discord was immediate and vocal.
Bitcoin plunged nearly $4,000 in hours as investors fled risky assets amid macroeconomic uncertainty and a striking absence of bargain hunters.
Critics say New Yorkโs democratic socialist mayorโelect will chase out banks, hedge funds, and tech firms. The spreadsheets say something else. Leasing volumes are rising, office conversions are tightening supply, and a near 116 billion dollar city budget still rests on a tax base that has not fled.
New Yorkโs new “socialist” mayorโelect is generating plenty of panic on X, but the office market is telling a different story. Manhattan is on pace to top 40 million square feet of leasing for the first time since 2019, while conversions quietly shrink supply and flagship towers fill with long term corporate commitments.
Kimberly-Clark is acquiring Tylenol maker Kenvue in a massive cash-and-stock merger, combining household brands like Kleenex and Huggies with over-the-counter health products.