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What You Need To Know To Start Your Day

A private equity firm with leaders including the co-owner of the NBA’s Milwaukee Bucks is in talks to acquire the Red Lobster restaurant chain out of bankruptcy, according to court filings.

Tony Lucenko

What You Need To Know To Start Your Day

Four Western U.S. cities — four in California and one in Hawaii — filled half the slots on a list of the world’s 10 most “impossibly unaffordable” municipalities for their housing costs relative to local household incomes.

Tony Lucenko

What You Need To Know To Start Your Day

The U.S. annual inflation rate was 3.3% in May, down from 3.4% in the prior month as shelter costs including rents remained a large factor in lingering high consumer prices, the Labor Department reported Wednesday.

Tony Lucenko

Counties in Illinois, New Jersey and California Are Said To Be at Risk

As the residential housing market evolves, and in some places cools, Illinois, New Jersey, and California are vulnerable, according to a new report.

Tony Lucenko

What You Need To Know To Start Your Day

May’s U.S. retail sales posted a sizeable increase from the prior month and year-earlier figures, aided by wage gains in a relatively strong job market, according to the latest Retail Monitor report from the National Retail Federation and business news site CNBC.

Tony Lucenko

What You Need To Know To Start Your Day

Woes now facing U.S. office landlords and investors, including high vacancies and sagging property values, are likely to remain in place at least through late 2025, according to a new forecast from a prominent commercial property trade group.

Tony Lucenko

As Pace Falls Off, So Does Risk-Taking by Developers, According to NAI Hiffman Data

Following years of soaring demand for warehouse space, developers in the sprawling Chicago market have significantly slowed their pace while greatly reducing their risk.

Tony Lucenko
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