KKR’s family office survey of 75 chief investment officers around the world found that family offices will have 52% of their portfolios invested in alternative investments this year, up from 42% in 2022. Cash holdings fell from 11% to 9% from 2022 to 2023, and their...

Value of purchases dropped 0.8% in January after down revision Building material stores, auto dealers led the decline US retail sales broadly declined in January, indicating consumers took a breather after a strong holiday shopping season. The value of retail...

As we detailed in our preview for premium subscribers, if the omniscient analyst at BofA are right this morning, the fecal matter is about to hit the rotating object as they saw retail sales declining bigly (more than expected) in January judging by real-time credit...

City disproportionately hit by properties due to tax system Report calls for value of office space to dip by 20% to 30% Tumbling market values for office buildings are poised to cost Boston more than $1 billion in tax revenue over the next five years, as the pitfalls...

Alibaba, JD.com are Scion’s top holdings after stakes boosted Firm reopened positions in companies in the third quarter Michael Burry, the money manager made famous in the Big Short, added to wagers on Chinese tech giants Alibaba Group Holding Ltd. and JD.com Inc. in...

Lenders are holding confidential discussions with the firm Company’s term loan due 2028 trades around mid-single digits Joann Inc. is having confidential discussions with its lenders as it seeks fresh capital to bolster its cash reserves, according to people familiar...

In a previous post, we highlighted that financially fragile households are disproportionately likely to use “buy now, pay later” (BNPL) payment plans. In this post, we shed further light on BNPL’s place in its users’ household finances, with a particular focus on how...

Raw sugar prices are expected to post an annual gain of nearly 20% in 2024 as the global market shifts into a deficit in the upcoming season, a Reuters poll of 12 traders and analysts showed. Sugar is set to close the year at 24.5 cents per lb, up 5% versus the close...

The chief executive officer of Castellum AB warned that the rental market will weaken more as the Swedish landlord reported that the value of newly signed contracts was lower than terminated leases in the fourth quarter. “The property industry has a tough year behind...

Hang Seng Index also turns positive after starting day lower Goldman says investors want a ‘comprehensive easing package’ Chinese equities listed in Hong Kong gained as trading resumed after the Lunar New Year holiday, with positive consumption data aiding sentiment....

The consumer price index increased 0.3% in January, the Bureau of Labor Statistics reported. On a 12-month basis, that came out to 3.1%, down from 3.4% in December. Shelter prices accounted for much of the rise, climbing 0.6% on the month, contributing more than...

City records worst new year holiday transactions since 2010 Buyers wait for more favorable policies to enter market Hong Kong’s top 10 private housing estates had no sales during the Lunar New Year holiday for the first time since records began in 2010, according to...

Commercial-property deals in the US are starting to pick up — at deep discounts that are forcing lenders around the world to brace for souring loans. The shakeout in the $20 trillion US commercial real estate market has long been delayed for a simple reason: No one...

(Bloomberg) -- The surprise jump in the January consumer price index probably will be less pronounced in the Federal Reserve’s preferred inflation gauge and potentially less alarming to central bank officials as they weigh when to cut interest rates. Based on the...