Business

Billionaire investor Bill Ackman in an X post on Sunday suggested merging US government-sponsored enterprises Fannie Mae and Freddie Mac, saying the move would help reduce mortgage rates and achiev...

When an office tower’s landlord has to move its own headquarters to make room for another tenant there, it likely means the building’s hot. It’s happening at Marx Realty’s 10 Grand Central, th...

A CBRE report on the East Side District — 44 office buildings between the FDR Drive and Lexington Avenue and between East 34th to 67th Street found a brightening outlook for the area, following year...

Israeli Prime Minister Benjamin Netanyahu accused the New York Times of defaming Israel over its coverage of starvation in Gaza and is weighing a lawsuit against the Gray Lady. “The New York Times s...

Walmart is taking its brand on the road in a bid to win over younger shoppers, rolling out a fleet of themed mobile stores designed to merge retail with festival-style experiences. The “Walmart Deli...

SoftBank and Meta are making major strides in their push to jumpstart multi-billion dollar data center projects. SoftBank, the Japanese investment holding company led by Masayoshi Son, is buying an el...

JPMorgan is now predicting the Federal Reserve will begin cutting interest rates when it next meets in September — and four times overall before the end of the year — as pressure mounts to ease mo...

The scale of the effort to “debank” Donald Trump because of pressure from Biden administration regulators went far beyond JPMorgan and Bank of America, The Post has learned. At least 10 other fina...

President Trump’s administration is aiming for the initial public offerings of mortgage finance giants Fannie Mae and Freddie Mac later this year, the Wall Street Journal reported on Friday. The pla...

Ice cream lovers may have more than a meltdown. Friendly’s Ice Cream has recalled one of its most popular flavors after a packaging mix up sparking an allergy risk warning from the Food and Drug Adm...