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Foreign firms are vacating Hong Kong offices like never before

Foreign firms are vacating Hong Kong offices like never before

Foreign companies are vacating Hong Kong offices at a blistering pace. Multinational companies vacated 61 percent of the 577,000...

Foreign firms are vacating Hong Kong offices like never before
From left: Gaw Capital Partners’ Goodwin Gaw, Howard Lorber of New Valley Group, Oyo CEO Ritesh Agarwal, Soho House's Ron Burkle, and Steven Witkoff of Witkoff Group (Getty)

TRD Insights: These hotel businesses got big PPP funding

More than 8,100 hotel businesses across the country received federal coronavirus assistance of $150,000 or more through the Paycheck...

TRD Insights: These hotel businesses got big PPP funding
The threat of eviction hangs heavily above immigrant families who have lost work as a result of the coronavirus pandemic. (Getty)

Hotel owners are shooting for the stars – in terms of their delinquencies on CMBS debt, that is.

Fearing homelessness and deportation, Wilfredo Avila found himself sleeping on a park bench, along with his girlfriend, Patricia Carillo, in Washington, D.C. Two weeks...

Hotel owners are shooting for the stars – in terms of their delinquencies on CMBS debt, that is.
The rate of job loss in America has stabilized, even though businesses continue to hemorrhage employees at unprecedented levels. (iStock)

Unemployment filings stabilize — but at record highs

Another 1.5 million Americans filed for unemployment benefits last week, about one-third fewer than the week prior. The number...

Unemployment filings stabilize — but at record highs
Gary Gold, Paul George, Deandre Jordan, Jeff Bezos, and Garrett Camp (Credit: Getty Images, Flickr, Hilton & Hyland, Google Maps, Realtor, Pinterest, and iStock)

Long live NAR: Agents won’t defy powerful trade group in pocket listings spat

Don’t get Gary Gold started on the National Association of Realtors’ ban on pocket listings. “I think it’s pathetic...

Long live NAR: Agents won’t defy powerful trade group in pocket listings spat
Rep. Alexandria Ocasio-Cortez (Credit: Photo by Brittany Greeson/Getty Images)

AOC: Rent strikers have no choice

Rep. Alexandria Ocasio-Cortez — progressives’ rock star from New York — threw her support behind rent strikers Monday. In a virtual town hall hosted by New York tenant coalition Housing Justice for All, Ocasio-Cortez...

AOC: Rent strikers have no choice


House Speaker Nancy Pelosi (Credit: Chip Somodevilla/Getty Images)

Pelosi proposes SALT rollback in next stimulus

Ahead of another stimulus package to address the coronavirus pandemic, House Speaker Nancy Pelosi is reportedly considering a retroactive...

Pelosi proposes SALT rollback in next stimulus
Treasury Secretary Steve Mnuchin (Credit: Getty Images)

$2 trillion coronavirus stimulus deal reached

The White House and Senators came to terms early Wednesday on a roughly $2 trillion stimulus measure – the...

$2 trillion coronavirus stimulus deal reached
Mitchell Englander in front of L.A. City Hall (Credit: Lilly Lawrence/Getty Images, and iStock)

Ex-LA council member surrenders to FBI in real estate probe

The FBI arrested a former Los Angeles City Councilmember Monday morning as federal agents conduct a probe into possible...

Ex-LA council member surrenders to FBI in real estate probe
Donald Trump with Rep. Emanuel Cleaver II, Rep. Ron Kind and Sen. Cory Booker (Credit: Getty Images, iStock)

Trump’s Opportunity Zone program is under investigation

The Treasury Department is investigating a federal tax break that was designed to help low-income communities, but has proved...

Trump’s Opportunity Zone program is under investigation
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