For years HSBC Holdings Plc harbored dreams of becoming a major player on Wall Street and in the City of London. This week, it finally called time on those ambitions.
U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in September
With the latest presidential inauguration set to take place in Washington on Monday, Eyewitness News takes a look at where the first one took place: the heart of New York City, more than two centuries ago.
Wall Street rally holds strong as S&P 500 beats December record high - New York’s S&P 500 index moved about 0.8% higher to surpass last month’s intra-day record high.
Global shares are mostly higher following a rally on Wall Street driven by encouraging update on U.S. inflation. Oil prices slipped and U.S. futures edged higher.
The Home Depot rival filed for bankruptcy protection in Texas last month after falling into $836.4 million of debt. The home goods chain received a boost from Marie Kondo's hit Netflix show 'Tidying Up' during the Covid-19 pandemic, but then became weighed down by mounting losses in recent years.
The biggest office-to-residential conversion in the country has begin renting its first apartments, but they don't come cheap.
Meta Platforms (META), the parent company of Facebook, Instagram, WhatsApp, Oculus, Threads and other brands, is scheduled to report fourth
It’s now significantly easier to convert buildings across New York City,” Planning Commissioner Dan Garodnick told The Post.
Markets widely expect the central bank to hold its lending rate steady in its decision, expected at 2 p.m. ET.
But the redevelopment of six-story 148 Duane St. has seemed to thwart the head of Swig Equities at every turn. Since Swig bought the site of a failed condo project eight years ago, the Civil War-era building has been dogged by lender battles, construction snags and tenant disputes.
Prices for prestigious addresses have fallen even further behind condos, as younger buyers seek out newer, flashier buildings downtown.