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Commercial real estate faces a ‘slow moving train wreck.’ Here are fixes for lawmakers.
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The Starwood commercial-real-estate fund is scrambling to escape a looming cash crunch caused by the number of investors who want their money back.
The Starwood commercial-real-estate fund is scrambling to escape a looming cash crunch caused by the number of investors who want their money back.The Wall Street Journal - World -
Real-Estate Downsizing Finally Comes for Your Pharmacy
CVS, Walgreens and Rite Aid are closing hundreds of stores as discount retailers and e-commerce outlets increase competition.The Wall Street Journal - World -
A $10 Billion Real-Estate FundIs BleedingCash and Running Out of Options
A long line of investors in Starwood Real Estate Income Trust, known as Sreit, want their money back.The Wall Street Journal - World -
Americans still say real estate is the best long-term investment
For the twelfth consecutive year, Americans ranked real estate as the top long-term investment, according to Gallup.The Hill - Politics -
My real-estate agent says my house ‘smells like dog.’ Is this a ploy to lower the price?
“I have a very good nose, and it smells like the inside of an air freshener.”MarketWatch - Business -
Aby Rosen was New York real estate royalty. Is his office empire crumbling?
RFR Holding has billions of dollars in debt coming due at a time when valuations are down and financing costs upFinancial Times - Business - New York -
'Overlooked' workers who train AI can face harsh conditions, advocates say
Millions of workers worldwide help assemble vast amounts of training data, and can often face harsh conditions, advocates say.ABC News - Top stories -
Pentagon vows to keep weapons moving to Ukraine as Kyiv faces a renewed assault
Defense Secretary Lloyd Austin is committing to keep U.S. weapons moving to Ukraine as Kyiv faces one of its toughest moments against a renewed assault by RussiaABC News - Top stories - Ukraine -
Here's Why Hugging Face, a Startup, Is Giving Away $10 Million in Computer Power for AI Startups
As entire companies like Google pivotto embrace artificial intelligence, smaller AI companies risk losing access tothe kind of computer power that billions of dollarscan buy.Inc. - Business -
The class of 2024 is facing a tough job market. Here’s who’s hiring, according to LinkedIn
Despite the competition, industries experiencing staffing shortages like education and construction are still hiring new college grads, Linked reports.CNBC - Business
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Macy’s is trying to listen to its customers more. The efforts are showing signs of working.
Macy’s reported quarterly results as its customers, still grappling with higher-priced groceries and other necessities, remain selective about the clothing and home goods that they buy. The company’s rivals are still cutting prices to spur demand.MarketWatch - Business -
Oil prices settle lower as traders fret over the outlook for demand
Oil futures finished lower Tuesday to notch back-to-back session losses, with traders concerned about the outlook for crude demand as the Federal Reserve maintains higher interest rates.MarketWatch - Business