US Existing-Home Sales Decline as Rates Keep Buyers Sidelined
Sales of previously-owned homes in the US fell in March from a one-year high, underscoring the lingering impact of high mortgage rates and elevated prices.
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Sales of previously-owned homes in the US fell in March from a one-year high, underscoring the lingering impact of high mortgage rates and elevated prices.
Blackstone Inc. collected more fees from big retail funds and credit strategies during the first quarter, compensating for the slower pace of deal exits.
Ken Griffin’s Citadel and Citadel Securities will move their London base to a new office tower on the edge of the City of London, a major expansion of their space in the latest sign of the firm’s growing heft.
Alternative asset manager Sculptor Capital Management has launched a platform to invest in the riskiest tranches of collateralized loan obligations, which will count its new owner Rithm Capital Corp. as a key investor.
Persistent inflation risks and hawkish signals from the US Federal Reserve are preventing the Czech central bank from accelerating its interest-rate cuts, according to board member Jan Prochazka.
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