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Boston Office Slump Deepens as Mayor Pushes for Higher Taxes

Commercial building values in Boston are on track to fall another 6% in fiscal 2026, deepening a two-year slide in a city that leans more heavily on real estate taxes than almost any other major US municipality.

Commercial building values in Boston are on track to fall another 6% in fiscal 2026, deepening a two-year slide in a city that leans more heavily on real estate taxes than almost any other major US municipality.

What home buyers and sellers can expect in 2026: Will mortgage rates go down?

Everything you wanted to know about real estate in 2026 but were afraid to ask.

Everything you wanted to know about real estate in 2026 but were afraid to ask.

Boston Office Slump Deepens as Mayor Wu Pushes for Higher Taxes

Commercial building values in Boston are on track to fall another 6% in fiscal 2026, deepening a two-year slide in a city that leans more heavily on real estate taxes than almost any other major US municipality.

Commercial building values in Boston are on track to fall another 6% in fiscal 2026, deepening a two-year slide in a city that leans more heavily on real estate taxes than almost any other major US municipality.

Putin Plays a Long Game With Trump on Ukraine

The Russian president may be pleased at the slow pace of progress on ending his war.

The Russian president may be pleased at the slow pace of progress on ending his war.

Philippines’ Marcos to Bump Up Military Pay After Coup Calls

Philippine President Ferdinand Marcos Jr.

Philippine President Ferdinand Marcos Jr. announced an increase in soldiers’ salary, months after his military chief revealed attempts to unseat him.

UK’s Starmer Plans January Trip to China in Bid to Mend Ties

Prime Minister Keir Starmer is planning to visit Beijing and Shanghai in the new year as the UK attempts to improve diplomatic ties with China after years of strained relations.

Prime Minister Keir Starmer is planning to visit Beijing and Shanghai in the new year as the UK attempts to improve diplomatic ties with China after years of strained relations.

Market Minnows Expected to Lift Earnings Fuels Latest Rally

Analyst optimism about Corporate America’s ability to grow earnings is spreading from Big Tech megacaps down to the market’s minnows and virtually everything in between.

Analyst optimism about Corporate America’s ability to grow earnings is spreading from Big Tech megacaps down to the market’s minnows and virtually everything in between.

Farage Denies Tory Pact Reports Amid Fears He Can’t Win Majority

Reform UK leader Nigel Farage dismissed reports that he’s lining up an election pact with the Conservatives, vowing instead to eliminate Britain’s main opposition party as an electoral force.

Reform UK leader Nigel Farage dismissed reports that he’s lining up an election pact with the Conservatives, vowing instead to eliminate Britain’s main opposition party as an electoral force.

Blackstone Launches New Unit to Tap into Retirement Savings for Private Market Investments

Blackstone has officially launched a new division aimed at channeling global retirement savings into private market strategies, capitalizing on a burgeoning opportunity in defined contribution plans. This initiative comes in response to an executive order from President Trump designed to enhance access to alternative assets within 401(k) plans.

Galvanize Expands Venture Debt Strategy Amid Private Credit Boom with $1.3 Billion Commitment

Galvanize, co-founded by Tom Steyer and Katie Hall, is focusing on venture debt lending to early-stage companies, strategically avoiding the burgeoning private credit market. The firm aims to leverage a $1.3 billion commitment to support climate-resilient technologies, targeting double-digit returns over three to five years.

‘I love my work’: I’m a 61-year-old public-school teacher and have a $60K pension. Is it safe?

“I am aware that my pension as a Chicago public school teacher is dependent on factors that are very much in flux right now.

“I am aware that my pension as a Chicago public school teacher is dependent on factors that are very much in flux right now.”

UNC coach Bill Belichick sells his charming Nantucket cottage for $3.8 million

Former New England Patriots coach Bill Belichick has sold his Nantucket cottage just three months after putting the beachfront property on the market for $3.

Former New England Patriots coach Bill Belichick has sold his Nantucket cottage just three months after putting the beachfront property on the market for $3.9 million.

Toronto Home Prices Continue to Slide as Listings Stay Elevated

Toronto home prices resumed declines in November as slowing demand saw properties for sale continue to build up on the market.

Toronto home prices resumed declines in November as slowing demand saw properties for sale continue to build up on the market.

IEA Says Europe’s Reliance on Russian Energy Gone 'Forever’

The European Union’s decision to stop Russian gas imports as of 2027 is a “historic day” both for the region and global markets, International Energy Agency Executive Director Fatih Birol says.

The European Union’s decision to stop Russian gas imports as of 2027 is a “historic day” both for the region and global markets, International Energy Agency Executive Director Fatih Birol says. "The parenthesis that has been opened 50 years ago is closed today and in my view, forever," Birol tells Bloomberg Television. (Source: Bloomberg)

HSBC appoints Brendan Nelson as chair after chaotic search

Former KPMG partner had been serving as interim chair since October.

Former KPMG partner had been serving as interim chair since October

Japan’s JFE Steel to Form $3.4 Billion Venture With JSW

Japan’s JFE Steel Corp.

Japan’s JFE Steel Corp. will invest 157.5 billion rupees ($1.7 billion) in an an equal joint venture with India’s JSW Steel, the Japanese company said in a statement.

Saudi Arabia Sticking to Spending, Borrowing Plans

Saudi Arabia's 2026 budget reveals the Kingdom plans to stay with elevated spending and active borrowing, keeping with its plans to diversify its economy.

Saudi Arabia's 2026 budget reveals the Kingdom plans to stay with elevated spending and active borrowing, keeping with its plans to diversify its economy. Saudi Bureau Chief Christine Burke explains on Horizons Middle East and Africa. (Source: Bloomberg)

He was Russia’s richest man and spent ten years in the gulag. Mikhail Khodorkovsky on Ukraine, Putin and failed talks to merge with a U.S. oil giant

In an exclusive interview, Mikhail Khodorkovsky says Vladimir Putin has abandoned his previous pragmatism — and reveals the U.

In an exclusive interview, Mikhail Khodorkovsky says Vladimir Putin has abandoned his previous pragmatism — and reveals the U.S. oil company he nearly merged Yukos with.

Shares in China’s Only Uranium Miner Triple on Shenzhen Debut

China’s only uranium miner raised around 4 billion yuan ($570 million) as it debuted on the Shenzhen exchange on Wednesday, with its shares more than tripling in value.

China’s only uranium miner raised around 4 billion yuan ($570 million) as it debuted on the Shenzhen exchange on Wednesday, with its shares more than tripling in value.

HSBC Appoints Nelson as New Chair to Replace Tucker

HSBC Holdings Plc unexpectedly appointed Brendan Nelson as its next chair, replacing hard-charging financier Mark Tucker who has led Europe’s largest lender for much of the last decade.

HSBC Holdings Plc unexpectedly appointed Brendan Nelson as its next chair, replacing hard-charging financier Mark Tucker who has led Europe’s largest lender for much of the last decade. The decision follows a “process that considered both internal and external candidates,” the London-headquartered bank said in a statement on Wednesday. Bloomberg’s Tom Metcalf reports.