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After opening for outdoor dining following months of lockdowns and economic hardship, US restaurants are recovering, but at a glacial pace. Indeed, a new report by S&P Global Market Intelligence revealed that the recovery of sales and employment slowed down in August. “August sales for the embattled industry fell about 15% from the year-ago period,

Homebuilding is booming. Homebuilder sentiment hit a fresh all-time high on Wednesday on the back of rising demand for suburban housing. The iShares U.S. Home Construction ETF (ITB) and the SPDR S&P Homebuilders ETF (XHB) climbed nearly 3% and 2% respectively following the spike, with the XHB hitting a new all-time high. Wall Street analysts also highlighted

US businessman and son of the US president Eric Trump. Mandel Ngan | AFP | Getty Images Lawyers for Eric Trump said Thursday that he is willing to be deposed as part of the New York Attorney General’s office’s probe of the Trump Organization, but only after the 2020 presidential election. In a court filing

Commercial real estate stocks are bouncing back this week after taking a big hit. Shares of SL Green, Manhattan’s biggest office landlord, are up 14 percent. On Monday, SL Green unveiled a $3 billion, 77-story new office tower in midtown, showing the company is betting on a future that includes workers going back into the

The work, workers, and workplace of the future will continue to undergo dramatic transformation. So said Shirley Davis, CEO of SDS Global Enterprises Inc. on Tuesday at the 2020 CREW Network Conference: A Virtual Experience. According to Davis, research suggests that by 2030 workers will be older and younger at the same time, more educated

The Federal Reserve said Wednesday it would keep its benchmark interest rate near zero for as long as it takes to help the economy bounce back from the coronavirus crisis. The Fed said the ongoing coronavirus pandemic will “weigh heavily” on the near-term outlook and poses “considerable risks” for the medium term. In addition to holding rates near rock bottom, the

Homebuilding stocks jump on all-time high sentiment. Where to invest in the space There’s a growing disconnect in emerging markets, but traders see opportunity Unusual activity suggests market volatility will jump after Election Day, Wells Fargo finds Market volatility may swell after Election Day, Wells Fargo’s Michael Schumacher warns KeyBanc gets bullish on the digital

The on-demand lifestyle is here to stay and now that includes food. Farm to fridge, dark kitchens and micro-fulfillment centers have sprung up. As such, industrial assets and retail space are being designed differently to help meet this need. But the big question remains. Is the supply keeping up with the demand? Panelists during a