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NEW: Peter Doocy asks Trump about the mysterious object being thrown out of the White House window. Trump says “That’s fake. That’s AI.”
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BREAKING: Alphabet stock, $GOOGL, soars over +5% after a judge rules that the company will not have to sell Google Chrome
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BREAKING: The delinquency rate on Commercial Mortgage-Backed Securities (CMBS) for offices surged 62 basis points in August, to a record 11.7%.
This is now a full percentage point above the post-2008 peak of 10.7%.
Since December 2022, the CMBS delinquency rate has risen by over 10 percentage points.
Additionally, the delinquency rate for multifamily CMBS jumped 71 basis points, to 6.86%, the highest in 9 years.
As a result, the overall US CMBS delinquency rate rose 6 basis points, to 7.29%, the highest in at least 4 years.
The commercial real estate downturn is now unfolding faster than in 2008.
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This is now a full percentage point above the post-2008 peak of 10.7%.
Since December 2022, the CMBS delinquency rate has risen by over 10 percentage points.
Additionally, the delinquency rate for multifamily CMBS jumped 71 basis points, to 6.86%, the highest in 9 years.
As a result, the overall US CMBS delinquency rate rose 6 basis points, to 7.29%, the highest in at least 4 years.
The commercial real estate downturn is now unfolding faster than in 2008.
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Google will NOT have to sell Chrome or divest from Android, a federal judge has ruled
Odds plummet to 4%
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Odds plummet to 4%
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