NEW YORK— City officials cleared the way on Wednesday for construction of a new, 65- story Manhattan skyscraper after the developer made an unusual tradeoff: a promise to make sweeping upgrades to nearby Grand Central Terminal that would allow more rush-hour trains on the subway's busiest lines. In exchange for getting more square footage, developer SL Green...» Read More
It seemed as if Canada had avoided the excesses of the housing bubble that hit so many nations. But now it may be catching up.
Steve Eisman, the hedge fund manager who famously bet against mortgages in the United States, has recommended investors now bet against Canada's mortgage lenders and banks.
China's plans to unlock what could be the world's biggest shale gas reserves risk running further off track after 16 firms recently awarded exploration rights lacked one core skill - not one has drilled a gas well before.
China Vanke, the country's biggest real estate developer, said it's looking to extend its foreign investment drive beyond the high-end U.S. market, as Beijing weighs new measures to cool mainland property prices.
Prologis may own big industrial warehouses, but it will benefit from a recovery in the U.S. housing market, chairman Hamid Moghadam told CNBC on Wednesday.
The spread between low interest rates and the money real estate generates is "truly astonishing," Starwood Capital CEO Barry Sternlicht told CNBC.
Sellers at high-end Manhattan apartment buildings have been forced to reduce their prices after buyers balked at the high monthly payments.
Professionals, like doctors and lawyers and anyone else who might be sued, should work with an adviser to keep creditors from cleaning them out if they lose in court
Official and private sector surveys on China’s manufacturing sector suggest the economy is finally perking up, boosting stocks in Shanghai almost 2 percent on Thursday. But exports, the main engine of growth, are still struggling and that means the Chinese recovery is not on solid ground yet, economists say.
With financial advisers moving from one firm to another more frequently than in the past, chances are you'll have an opportunity to review your needs.
The way to foster long-term relationships is to admit that we cannot know what the markets will do, says Mark Hebner, president of Index Fund Advisors.
When it comes to investing in health care, sometimes it's not about medicines and devices. There are real estate investment trusts specializing in the health care sector that invest in property and facilities.
Consumers would do well to follow these financial survival skills, according to Eleanor Blayney, consumer advocate for the CFP Board.
For financial advice, take the focus off the factors we can't control and move it to the things we can. It requires robust communication and periodic reassessment, according to Marilyn Capelli Dimitroff of Capelli Financial Services.
There are really no problem clients so much as there are clients in problematic situations, says adviser Dan Mathews of Stepp and Rothwell.
Many people get into real estate as a hobby or for a little extra income, but what happens when a part-time pursuit becomes a full-fledged business.
When it's time to cut ties, make sure you know what to do and when to do it.
The markets are trickier than ever, technology is a bear and the parade of complex products with odd names is enough to make your head spin.
It’s important to distinguish between high-maintenance clients (who need a lot of hand holding) and problem ones (who want the impossible).
Sure, investment returns grab the headlines, but fees fatten the top and bottom line, which makes expansion into other services tempting.