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The Federal Reserve is expected to announce it will leave rates unchanged at the end of its two-day meeting this week, after recent reports showed the economy grew at a much more rapid pace than expected and inflation eased. “In many ways, we already have a soft landing,” said Columbia Business School economics professor Brett House.
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Senator Elizabeth Warren, a Democrat from Massachusetts, left, speaks with Jerome Powell, chairman of the U.S. Federal Reserve, during a Senate Banking, Housing and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Sept. 28, 2021. Kevin Dietsch | Bloomberg | Getty Images Sen. Elizabeth Warren, D-Mass., and three other Democratic lawmakers are pushing
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Talk about confidence in Sixth Avenue! While some Midtown restaurateurs claim they’re struggling, Del Frisco’s Double Eagle Steakhouse — a three-level, 25,000 square-foot jumbo at 1221 Sixth Ave. —  just renewed its lease with long-time landlord Rockefeller Group for 20 more years. The 2.6 million square-feet office tower above the steakhouse is more than 99 percent leased while
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The multimillion-dollar price tag on this windowless shack outside Kansas City, Missouri is inexplicable — until you see what lies underground. In the 500-person town of Polo, a peculiar property has grabbed the internet’s attention with its unassuming above-ground appearance and the extensive doomsday shelter below.  “This is the most unique property in Missouri,” Colleen
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An artwork juxtaposing Chinese yuan cash bills with the China’s flag Javier Ghersi | Moment | Getty Images China’s financial institutions should provide strong support to the country’s beleaguered real estate sector and not “blindly withdraw” financing for projects facing difficulties, according to a senior Chinese financial regulatory official. His strongly worded comments follow the
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