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© Reuters. By Matt Tracy (Reuters) – Nearly $12 billon of loans in U.S. commercial mortgage-backed securities (CMBS) became newly delinquent, pushing the late payment rate…

The Biden administration on Thursday announced new actions to protect renters, including efforts the White House said could allow tenants greater opportunities to correct outdated or…

Continuing what’s been a difficult week for U.K.-headquartered banks, Barclays shares fell as much as 7% on Thursday as the bank reported revenue below expectations and…

U.S. stock indexes finished lower on Thursday, with the Dow Jones Industrial Average snapping a historic winning streak of 13 straight gains, as stocks erased an…

Chick-fil-A is testing out two new restaurant concepts — a four-lane drive thru with a kitchen above and a walk-up store for digital orders — as…

Elon Musk’s Twitter rebrand suggests that he’s “totally out of his element,” says Harvard leadership expert Bill George.”If you had to write a case study on…

The semiconductor shortage that affected everything from cars to games consoles during the height of the Covid-19 pandemic has turned into a chip glut — and…

Fed Raises Interest Rates to 22-Year High, Leaves Door Open for More The Federal Reserve resumed raising interest rates and Chair Jerome Powell left open the…

Our theme of Space Stocks – which includes U.S.-based established aerospace players, upstart space companies, and satellite communications firms – has underperformed this year, rising by…

By Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden has picked former Maryland Governor Martin O’Malley to lead the massive, financially challenged U.S. agency that…