Markets After the Fed’s most clear pivot towards imminent rate cuts yesterday, the Bank of England thought it could do even better. It cut the policy rate by 25 bps to 5% in a 5-4 split vote. For “some” in the group of 5 it was a finely balanced decision – similar to what was […]
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During the COVID-19 lockdowns, renters and buyers benefited from an uncertain housing market. Mortgage rates were at historic lows for buyers, and landlords slashed rents considerably to entice renters to renew leases and draw in Read more…
Nordstrom, the luxury fashion retailer, was once owned by its founding family with the same name. However, like most former family-owned companies, the Nordstrom family had to sell most of the company’s ownership to keep Read more…
