For most people the covid-19 pandemic ended years ago. But not for commercial-property investors and their lenders. Working from home prompted an office slump that lasted far longer than mask mandates and lockdowns. Starting in 2022 aggressive interest-rate rises hurt the sector even more, by making mortgage loans far more expensive to roll over. The banks that financed it, especially the smaller ones, have been brutally squeezed as credit quality has deteriorated.
This is Naked Capitalism fundraising week. 613 donors have already invested in our efforts to combat corruption and predatory conduct,...
Last week, former FBI director James Comey was charged with making false statements to Congress. The specific comment in question...
Private payrolls saw their biggest decline in two-and-a-half years during September, a further sign of labor market weakening that compounds...
There has never been a positive outcome when the government sets out to disarm the people. Authoritarian states are the...
Living in Florida, I definitely see the difference compared to even New Jersey, where I have been given a...
This is Naked Capitalism fundraising week. 532 donors have already invested in our efforts to combat corruption and predatory conduct,...
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