Cloud Hangs Over Commercial Real Estate As Trillions In Debt Set To Come Due
Commercial real estate is facing a mountain of debt that many borrowers could have trouble refinancing due to a rapid hike in interest rates and record vacancies, according to The Wall Street Journal. Around $2.81 trillion in commercial real estate loans are set to expire through 2028, meaning borrowers would either have to pay the […]
Inflation Under Biden Hiked The Massive National Debt In A New Way In 2023, Experts Say
Interest rate hikes to combat sky-high inflation under President Joe Biden have led the Federal Reserve to run over a hundred billion dollar deficit, adding to the national debt, experts told the Daily Caller News Foundation. The Federal Reserve in past years has operated a net surplus, remitting those excess earnings to the Treasury to […]
Boeing, Alaska Airlines sued by passengers
Jeff Sica, founder of Circle Squared Alternative Investments, discusses whether Boeing stock is a buy for Barney & Company. Four passengers on board an Alaska Airlines plane that exploded during a flight earlier this month are suing the airline and the plane's manufacturer, Boeing. The lawsuit was filed Tuesday in King County Superior Court. in […]
Rule Proposal Critics Warned Could Harm Energy Security Rescinded Amid Mounting Scrutiny
The New York Stock Exchange (NYSE) withdrew its proposal that would pave the way for “Natural Asset Companies” (NACs) to become a new type of financial product on Wednesday, according to the Securities and Exchange Commission (SEC). The SEC had been considering a NYSE proposal to allow NACs to be listed and traded on the […]
Disney CEO Iger pulls in massive pay package
Jeff Sica, founder of Circle Squared Alternative Investments, reveals Varney & Co.'s biggest Hollywood winners and losers in 2023. Disney CEO Bob Iger implemented cost-cutting measures last year, including laying off thousands of employees, and raised millions of dollars in a battle with activist investor Nelson Peltz. The company reported in an SEC filing Tuesday […]
China Finishes Off Year With Sluggish Growth As Economy Fails To Recover
China’s economy grew at a rate of 5.2% in 2023, failing to return to the same growth of around 6% year-over-year that was common before the COVID-19 pandemic, according to The Wall Street Journal. The year’s growth was an improvement on the even worse growth in 2022, which totaled just 3% for that year, and […]
Boeing CEO to visit Spirit AeroSystems after door incident
Jeff Sica, founder of Circle Squared Alternative Investments, discusses whether Boeing stock is a buy for Barney & Company. Boeing CEO Dave Calhoun will visit parts supplier Spirit AeroSystems in Wichita, Kansas, on Wednesday, a company spokesperson confirmed to FOX Business. Calhoun and Spirit CEO Pat Shanahan said employees were injured after a mid-air accident […]
Google Laying Off Hundreds Of Employees: REPORT
A Google internal memo stated “several hundred” of its employees in the company’s global advertising sales team were being laid off, Business Insider reported Tuesday. Employees are being laid off as a result of “a substantial channel shift” of organizational restructuring, the memo read, according to Business Insider. The restructuring is a shift from focusing […]
Pharmaceutical Giant Monitored Online Content Of Popular COVID-19 Vaccine Critics: REPORT
Pharmaceutical giant Moderna tracked the content of popular media personalities who were critical of the COVID-19 vaccine seeking to censor what the company deemed as “misinformation,” according to an investigation published Tuesday. Moderna monitored the content of independent journalist Alex Berenson, comedian Russell Brand and journalist Michael Shellenberger, to search for so-called vaccine misinformation, according […]
‘Never Seen Anything That Bad’: Former Trump Official Reacts To New York’s Massive Manufacturing Plunge
Fox Business host Larry Kudlow reacted to New York’s plunge in general business conditions, saying that the state had “collapsed.” The Empire State Manufacturing Survey conducted from Jan. 3 to Jan. 10 showed a 29-point drop indicating a contraction in general business conditions, reaching the lowest level since the 2020 COVID pandemic. Respondents to the […]