Tech Insider : Economy, Economy
A customer stands outside of a shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. Silicon Valley Bank was shut down on Friday morning by California regulators and was put in control of the U.S. Federal Deposit Insurance Corporation.
Silicon Valley Bank collapsed last year.
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A house with a for sale sign in the front.
The typical US homebuyer’s monthly mortgage payment soared to a record high in April, according to Redfin.
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New York City at dusk.
A Canadian pension fund sold its stake in a New York office building for $1.
Tech Insider : Economy
apartment buildings skyscrapers
Deutsche Pfandbriefbank warned that the commercial real estate sector faces a crisis on par with the 2008 downturn.