Even rising interest rates can’t stop traditional retail REITs from cashing in on shift to residential

Even rising interest rates can’t stop traditional retail REITs from cashing in on shift to residential

Retail REITs are poised to reap tremendous benefits from a number of tailwinds over the next couple of years, despite rising interest rates and the growth of e-commerce, as they pivot to mixed-use and residential development, analysts say. Apartment and retail REITs have been moving in opposite directions over the past year, with residential generally…

Trudeau, after bungling it on trade and pipelines, needs better advice — fast

Trudeau, after bungling it on trade and pipelines, needs better advice — fast

There’s no doubt Prime Minister Justin Trudeau’s been having a hard time lately — dealing with nasty remarks from President Donald Trump with regard to tariffs and fallout in connection to the Kinder Morgan pipeline project. However, Trudeau’s handling of these important matters has been lackluster and it appears that he could use some better…

70,000 questions a year, satellite imagery, and dismantling electric cars: How UBS is trying to change the face of financial research

70,000 questions a year, satellite imagery, and dismantling electric cars: How UBS is trying to change the face of financial research

Reuters UBS employs experts in fields like hydrology, climate science and data analytics to gain an edge on its competition. Last year, analysts and a team of engineers dismantled an electric car to work out how much it was actually worth. The bank gathers between 60,000 and 70,000 questions per year from clients. For analysts…

DavidsTea shareholders toss current board members by electing co-founder’s slate

DavidsTea shareholders toss current board members by electing co-founder’s slate

MONTREAL — DavidsTea shareholders have turfed most of the existing board by electing seven nominees presented by the company’s co-founder. Herschel Segal, who is also the company’s largest shareholder, becomes executive chairman and will be joined by corporate director William Cleman, Viau Foods president Pat De Marco, retired professor Ludwig Max Fisher, former MEC chief…

Get ready for the end of easy money: ECB just took its biggest step yet to dismantle financial crisis stimulus

Get ready for the end of easy money: ECB just took its biggest step yet to dismantle financial crisis stimulus

FRANKFURT — The European Central Bank said on Thursday it will end its unprecedented bond purchase scheme by the close of the year, taking its biggest step in dismantling crisis-era stimulus a decade after the start of the eurozone’s economic downturn. Signaling that the move would not mean rapid policy tightening in the coming months,…

‘The stakes are high’ for NAFTA talks, Ontario’s Doug Ford says

‘The stakes are high’ for NAFTA talks, Ontario’s Doug Ford says

Doug Ford pledged to stand united with the federal government in its heated trade dispute with the United States as the beleaguered NAFTA talks become a “critical” issue for his new government. “The stakes are high,” Ontario’s premier-designate told reporters following a meeting with auto and steel industry representatives Wednesday. “Thousands of jobs rely on…

The Fed just increased interest rates — here’s what the hike means for your wallet

The Fed just increased interest rates — here’s what the hike means for your wallet

CBS/ “The Late Show” The Federal Reserve hiked interest rates to a range between 1.75% and 2% on Wednesday. In response, banks across the US raised their prime lending rate to 5% from 4.75%. This will affect the rates for credit cards and other nonmortgage loans. The Federal Reserve on Wednesday lifted its fed funds rate by…

The technology from this sneaker company was banned in the NBA for being so effective — but fitness enthusiast and casual wearers alike are both flocking to their newer styles

The technology from this sneaker company was banned in the NBA for being so effective — but fitness enthusiast and casual wearers alike are both flocking to their newer styles

The Insider Picks team writes about stuff we think you’ll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. APL I’ve been seeing these APL TechLoom Phantom sneakers all over social media (on both men and women), and started wondering if they’d be the “next big thing” in footwear. …