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Peachtree Group Thrives Amid Debt Market Dislocation, Anticipates Deploying $1.0 Billion in
Originates a $102.9 million bridge loan, marking a significant milestone in the firm's history
ATLANTA--(BUSINESS WIRE)--
Peachtree Group (“Peachtree”), a diversified commercial real estate investment firm, announced it has closed approximately $660 million in credit investments since Dec. 1, 2023, with an additional $350 million anticipated…
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Inflation seems stubborn, but people keep spending. What’s going on?
What’s consumers’ relationship with the economy these days? It’s complicated.As last year drew to a close, inflation appeared to be heading decisively downward, consumer confidence was shooting higher, and many Americans’ wages were finally outpacing price increases. In the early months of 2024, those trends have been a little harder to see, at…
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Talk of recession is dying down in corporate America
Discussion around the potential for a recession is becoming less common among American business executives. Ever since the Federal Rserve began raising interest rates in early 2022, corporations and investors have braced for how a recession might play out. Now, the topic is losing its luster on earnings calls held by the largest U.S. companies…
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Bay Area job market suffered ‘mini-recession’ in 2023: new stats
Downtown Oakland, the Port of Oakland and the San Francisco skyline, in a drone view, March 2024
The Bay Area job market was so feeble in 2023 that the region suffered brutal job losses for most of the year before employers mounted a massive hiring rebound in recent months, a new analysis shows.
Despite the rally in job…
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12 financial moves to make this spring
Spring cleaning can mean tidying up your wallet or pocketbook, as well as your closet.In the spirit of renewal, here are 12 financial moves you should make this spring. Some are annual rituals, or should be. Others are tasks we tend to put off, but shouldn’t.1. Revisit your resolutionsMany of us set New Year’s resolutions for 2024 around…
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Here’s what bitcoin experts see ahead for the world’s biggest cryptocurrency
The world's largest cryptocurrency soared to a record high of $73,000 on Wednesday, fueled by retail investors' appetite for the token in the form of the nearly dozen spot ETFs that have been trading since their January 11 approval by regulators.But within two days of notching the record, the coin plummeted back to around $68,000, struggling as…
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Eight most expensive homes sold in Shaker Heights, Mar. 4-10
A house that sold for $549,000 tops the list of the most expensive residential real estate sales in Shaker Heights in the past week.In total, eight residential real estate sales were recorded in the area during the past week, with an average price of $282,369. The average price per square foot ended up at $135.The prices in the list below…
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Mega Millions jackpot reaches $875M after nobody wins grand prize
US News
By Landon Mion, Fox Business
Published
March 16, 2024, 5:50 a.m. ET
The Mega Millions jackpot now sits at an estimated $875 million after no tickets matched the winning numbers during Friday’s drawing.
The winning numbers drawn Friday night were 13, 25, 50, 51 and 66 with a Mega ball of 6.…
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11 charts that show how covid changed the U.S. economy
After a pandemic-fueled roller coaster, the U.S. economy is finally steadying.Four years ago this week, the first wave of what would grow to be 20 million job losses set in, although most Americans were more terrified of catching a new, very transmissible, and sometimes fatal, virus. Toilet paper was nowhere to be found, but at least it was…
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Buttigieg made a claim about the stock market under Biden, Trump | Fact check
The stock market has been on a roll, and politicians are vying to take credit for it.In December and January, the S&P 500, a broad market gauge, and the Dow Jones Industrial Average both closed at all-time highs for the first time in about two years.Even though former President Donald Trump has been out of office for more than three years,…
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