Trump Backtracks on 20% Hormuz Strait Fee, Says He Wants ‘Trade and Investment Deals’ From Gulf States

Cuban President Miguel Diaz-Canel said on Monday that any US attack on Cuba would cause a “bloodbath,” a warning that comes as US officials are setting up pretexts for a potential war on the island nation. “The threats of military aggression against [Cuba] from the world’s greatest power are well-known,” Diaz-Canel wrote on X. “The […]

US Home Prices Dipped In February For First Time Since June 2025 For the first time since June 2025, US home prices (in the largest 20 cities) fell in February (by 0.05% MoM) according to the latest (admittedly lagging and smoothed) Case-Shiller data. The decline comes after prices surged into the turn of year and has now dragged the YoY gain in prices down to just +0.9% - the weakest since July 2023.  The trend is clear across almost every city... Given the lag in Case-Shiller data, one could argue that prices should...

NYC Tower Owner Prepares To Rebuild 15 Floors After I-Beam Failure Fears of a possible collapse at a condo tower under construction near Grand Central Terminal had abated by the end of the week, but the incident only signals the massive engineering challenges tied to Manhattan's office-to-apartment conversion boom. The former Pfizer headquarters at 235 East 42nd Street, being converted by David Werner and Nathan Berman's Metro Loft Management into more than 1,600 residential units, has become a high-profile example of the risks of repurposing aging office towers into housing at...