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Luxury department store Printemps moves up US debut at One Wall Street, developer says

French luxury department store Printemps plans to open its first U.S. store in March, according to One Wall Street developer Harry McCraw. The long-awaited launch (previously reported to take place in the spring) may be the retail-starved FiDi space's most significant debut yet. French luxury department store Printemps plans to open its first U.S. store […]

Appeals court rules Texas has right to build razor wire border wall

A federal appeals court ruled Wednesday that Texas has the right to build a razor-edge border wall to deter illegal immigration into the Lone Star State. Texas Governor Greg Abbott announced the ruling against X, saying President Biden “made a mistake in cutting the razor wire.” “We continue to add more razor wire border barriers,” […]

Dow tops 45K for first time but Wall Street slips as tech stocks slump

The Dow topped 45,000 for the first time, but Wall Street's major indexes fell on Wednesday, with the Nasdaq leading the decline as tech stocks fell ahead of the Thanksgiving holiday. Meanwhile, investors were watching to see what the Federal Reserve's next action would be based on the outlook for inflation. In afternoon trading, the […]

Harry Macklowe’s $2B conversion of One Wall Street has been a bust

Harry McCraw's more than $2 billion conversion of the former Irving Bank tower at One Wall Street into condominiums was a retail gift to Fiddy, but the mostly unsold apartments were a gift to Mr. McCraw. looks like a lump of coal. As neighbors hail the building's impressive restoration and await the opening of French […]

Wall Street divided over Elon Musk’s can make DOGE

The Department of Government Efficiency (DOGE), which will be headed by Elon Musk and Vivek Ramaswamy, is a hot topic, but Wall Street is divided over President-elect Donald Trump's plan to drastically cut government spending. . “A lot of bankers are kind of dancing in the street because there's been regulations that have been going […]

Booming, Risky MicroStrategy ETFs Testing Wall Street’s Limits – Yahoo Finance

(Bloomberg) — As MicroStrategy Inc.’s stock soared last month, Matt Tuttle received bad news from his prime broker about the rapid growth of leveraged ETFs tracking the crypto-focused company’s stock. Most Read Articles on Bloomberg Prime brokers, the division within banks that work with customers on activities such as securities lending, have reached a limit […]

Dow jumps over 600 points, Nasdaq rebounds in volatile Wall Street trading

The Dow soared more than 600 points during Thursday's trading, hitting a one-week high as Wall Street's main indexes turned positive after volatile trading on Thursday. The blue-chip Dow Jones Industrial Average rose 461.88 points, or 1.1%, to close at 43,870.35, its highest level in a week. The S&P 500 rose 0.5% and the Nasdaq […]