German Business Sentiment Weakest In More Than 4 Years

Germany’s business sentiment weakened to the lowest level in more than four years in June as companies turned increasingly pessimistic about months ahead amid trade wars. The business confidence index dropped more-than-expected to 97.4 in June from 97.9 in May. The score was forecast to fall to 97.5, survey data […]

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Hard Rock Hotel construction back in action

A tower crane popped up and construction resumed over the weekend after a curious, weeks-long pause at the Hard Rock Hotel site at 151 W. 48th St. But the construction manager for the 34-story, 225,000-square-foot project is now Aecom Tishman, not Plaza Construction — which was hired for preliminary tasks […]

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Policy blunders are the rule under Trump

NEW HAVEN, Conn. (Project Syndicate) — Blinded by a surging stock market and a 50-year low in the unemployment rate, few dare to challenge the wisdom of U.S. economic policy. Instant gratification has compromised the rigor of objective and disciplined analysis. Big mistake. The toxic combination of ill-timed fiscal stimulus, […]

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