Pedestrians go through commercial real estate in Manhattan. Michael Nagle | Bloomberg | fake pictures Delinquencies in commercial mortgage-backed securities last month had their biggest one-month increase since Fitch Ratings began tracking the metric nearly 16 years ago. The delinquency rate reached 3.59% in June, an increase of 1.46% in …
Read More »Annexation of the West Bank to Israel: explanation and reactions
Israeli Prime Minister Benjamin Netanyahu proposed annexing a significant portion of the West Bank, a disputed landlocked territory that both Israelis and Palestinians claim. Netanyahu, who has just started his fifth term as Israel’s prime minister, previously pledged to move forward with plans to annex Israeli settlements in the West …
Read More »Opening and closing can be the death sentence for restaurants
Junior’s Cheesecake owner Alan Rosen told CNBC on Monday that restaurants would be in serious financial trouble if they had to reopen and then close again due to the coronavirus pandemic. “This opening and closing could be the death sentence for restaurants in this country,” Rosen said in “Power Lunch.” …
Read More »Trump campaign claims it will protect Brazil’s Jesus monument
President Donald Trump’s re-election campaign claimed in a series of announcements that the administration would “protect” Brazil’s famous Christ the Redeemer statue from possible destruction by vandals. This occurs when the President has campaigned aggressively against protesters who have toppled or smashed American monuments and statues. Visit the Business Insider …
Read More »Facebook prepares to deepen as advertising boycott continues
After weeks of criticism from civil rights groups and hundreds of advertiser cancellations, Facebook CEO Mark Zuckerberg is coming to the table. Zuckerberg will hold a virtual meeting Tuesday with the Anti-Defamation League, the NAACP, and Color of Change, a civic rights group, which together want a serious shake up …
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