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The threat of a commercial real estate market crash is hanging over the already fragile U.S. economy. About $1.5 trillion in commercial mortgage debt is due by the end of 2025, but steeper borrowing costs, coupled with tighter credit conditions and a decline in property values brought on by remote…
Market Movers rounded up the best reactions from investors and analysts on Tesla . The experts, including Jim Cramer and Cathie Wood of Ark Invest, discussed the electric vehicle maker as its stock popped 4%. On Thursday, General Motors CEO Mary Barra and Tesla CEO Elon Musk announced that the…
A 37-count criminal indictment against Donald Trump was unsealed Friday, revealing allegations that the former president willfully retained hundreds of classified government records and conspired to prevent their return to U.S. officials.The charging document, which alleges Trump kept records containing national defense information at his Florida home after leaving the…
Tesla (TSLA) stock charged higher Friday following an announcement by General Motors that GM’s electric vehicles would be able to charge using Tesla (TSLA)’s charging network. That news following a similar announcement from Ford just two weeks before. The company’s stock was up about $12 a share, or 5% on…
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The Solana network’s native token SOL is “not a security,” despite the Securities and Exchange Commission (SEC) claiming otherwise, the Solana Foundation has said.Commenting on the regulatory status of its token to CoinDesk on Thursday, the Solana Foundation made it clear that it still sees Solana as sufficiently decentralized for…
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Author’s note: This article was released to CEF/ETF Income Laboratory members on May 31, 2023. Please check latest data before investing. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week,…
Any legal case brought against a former American president will inevitably have both political and legal considerations. Cases that are legally sound may have very little impact politically; a prosecution that may be politically explosive can fizzle in a court of law. It has been Donald Trump’s great good fortune thus…
Former President Donald Trump’s legal team is undergoing a significant shakeup in the wake of his indictment in the special counsel’s classified documents probe. In a sudden move, Trump announced Friday morning that he was removing two of his top attorneys, Jim Trusty and John Rowley, from the case and…