Curated Video
Where you live may dictate whether you're middle-class
A Pew Research poll shows that over the past 50 years the American middle class has shrunk from 61% to 51%. (Scripps News)
Curated Video
What an interest rate cut could mean for buyers in a wild housing market
Experts anticipating a cut of the Federal Reserve's benchmark interest rate this fall think it could stabilize the housing market's wild ride of the last few years. (Scripps News)
Curated Video
Small but mighty towns make up the hottest zip codes in 2024
Realtor.com just released its list of the hottest zip codes in 2024. They include areas like Carmel, Indiana (27 on the list), located outside Indianapolis. (Scripps News)
Curated Video
Self-proclaimed scammer admits to foreclosure scheme involving Elvis' Graceland estate
A self-proclaimed scammer has apparently admitted to a scheme involving Elvis' Graceland estate. Presley's granddaughter was in a court battle to fight an attempt to auction the property. (Scripps News)
Bloomberg
Why Oak Hill CEO August Is 'Cautious' on Real Estate
Oak Hill Advisors Founder and CEO Glenn August gives three reasons why he is "cautious" about the real estate market. He speaks with Manus Cranny on "Bloomberg Brief."
Bloomberg
Marathon CEO Richards Agrees With Dimon: Avoid the Banks
Marathon Asset Management CEO Bruce Richards says he sees investment opportunities in commercial real estate and says the credit market is in a "golden era." He speaks on "Bloomberg Markets."
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Bloomberg
Investcorp Co-CEO: Push Ahead With Mideast Investments
Investcorp will remain "very active" in looking at investments in the Middle East despite geopolitical tensions and the Israel-Hamas conflict, says Hazem Ben-Gacem, the co-CEO of Investcorp Holdings. The region remains one of the "most...
Bloomberg
Country Garden in Final Hours to Avoid Dollar Bond Default
The clock is ticking for Country Garden Holdings Co. to avert its first-ever public dollar bond default after it missed its original deadline for the $15.4 million coupon on the note last month. The developer has warned that it won't be...
Bloomberg
Higher-For-Longer Domino Effect
We take a look at what higher rates mean across asset classes.
Bloomberg
Commercial Real Estate Faces Tough Time Ahead: Deutsche Bank CEO Sewing Says
Deutsche Bank CEO Christian Sewing said commercial real estate "will actually go through more difficult timing for the next couple of years" as higher interest rates roil the market. He made the comments during an interview with...
Bloomberg
China Is Not Property Alone: Loomis Sayles's Feng
"China is not property alone." Zhi Wei Feng, senior credit analyst at Loomis Sayles, discusses China's property market and if the worst is over for the sector. She speaks on Bloomberg Television.
Bloomberg
BlackRock CEO Fink Sees US Avoiding Recession Until 2025
BlackRock CEO Larry Fink says the US has "a very vibrant economy" and may not enter a recession until 2025. He made the comments during a conversation with Bloomberg's Dani Burger at the Berlin Global Dialogue forum.
Bloomberg
Texas Capital CEO Says Mass Bank Consolidation Talk Is 'Asinine'
Texas Capital Bank President and CEO Rob Holmes pushed back on talk of a "mass consolidation" within the regional banking sector, saying the notion is "asinine to me" on "Bloomberg Markets."
Bloomberg
London Housing Price Cuts Rise; Higher Rates Force More to Sell
London and southeast England are seeing the biggest UK home discounts as buyers across the country secure the largest price cuts nationwide in almost five years. At the same time, almost a quarter of British mortgage holders are...
Bloomberg
OIL UPENDS EM DISINFLATION TRADE
Surging oil prices have upended a disinflation trade in EMs, after reviving price pressures and damping hopes that interest rates will fall. Louis Lau, Director of Investments Group at Brandes Investment Partners, speaks with Shery Ahn...
Bloomberg
Evergrande Scraps Creditor Meetings
Property developer China Evergrande Group has scrapped key meetings with creditors as it casts fresh doubt over its proposed restructuring. Annabelle Droulers reports on Bloomberg Television.
Bloomberg
Stanhope CEO on Fed, Why Arm Chose US Listing
Stanhope Capital founder and Chief Executive Officer Daniel Pinto discusses the outlook for the Fed, why the US economy has outperformed Europe, and why UK chip designer Arm chose to list on the Nasdaq instead of in London. He speaks...
Bloomberg
Country Garden Again Delays Bond Vote
Distressed Chinese developer Country Garden Holdings Co. has again delayed a deadline for creditors to vote on its request to extend payment on an onshore bond, according to a holder familiar with the matter. Meantime, Sino-Ocean Group...
Bloomberg
Country Garden Wins Vote to Extend Repayment on 7 Yuan Bonds
Country Garden Holdings Co. won creditor support to extend repayment on seven yuan-denominated bonds, according to people familiar with the matter. This gives the distressed Chinese developer breathing room just days after it dodged a...
Bloomberg
Hayman's Kyle Bass Sees US Banks Losing up to $250B on Office Holdings
"I think the banks in the US will lose $200 billion, $250 billion" in the office sector of the commercial real estate market, Hayman Capital Management founder and CIO Kyle Bass says on "Bloomberg Markets. "
Bloomberg
Country Garden Delays Voting on at Least Two Yuan Bonds
Country Garden has delayed a deadline for holders of at least two yuan bonds to vote on the company's request to extend repayment, according to bondholders familiar with the matter. Loretta Chen reports on Bloomberg Television.
Bloomberg
BYD, China Overseas Land Favored, Morningstar Says
Lorraine Tan, director of Asia equity research at Morningstar, discusses the opportunities she sees in China and her views on the economy. She speaks with Haidi Stroud-Watts and Vonnie Quinn on "Bloomberg Daybreak: Asia."
Bloomberg
China Builders Jump on Hopes of More Stimulus Measures
China's property developers are seeing gains as China is calling for the easing of homebuying restrictions in more cities. Catherine Ngai reports on Bloomberg Television.
Bloomberg
China's Latest Property Policies Are 'Positive': Loomis Sayles
Zhi Wei Feng, senior credit analyst at Loomis Sayles, discusses China's efforts to support its ailing property market and the outlook for the sector. She speaks with Yvonne Man and Rishaad Salamat on "Bloomberg Markets: Asia."