(Bloomberg) -- Luxury hotel Fontainebleau Miami Beach sold a $975 million commercial mortgage-backed security to refinance debt.Most Read from BloombergKansas City Looks Back on its Long, Costly Ride With MicrotransitNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsThe CMBS is part of a broader $1.2 billion debt package that includes a mezzanine loan of as mu
National average money market account rates for December 2024
Get the latest rates on top-yielding money market accounts.
Ken Griffin says crypto is exploding right now because more people want to have ‘agency’ in their lives
“Of course, I wish I bought something that trades at 100 times the price it traded at a few years ago,” Griffin said.
TD Bank Stock Slips as $3B Penalty Hits Profits
TD Bank shares fell Thursday after the bank's fourth-quarter profits fell short of analyst projections.
Australian regulator moves to curtail criminal use of cryptocurrency
The Australian Transaction Reports and Analysis Centre (AUSTRAC) said its findings showed cryptocurrency was increasingly being exploited for money laundering, scams and money mule activities. AUSTRAC's taskforce will ensure digital currency exchanges that provide crypto ATM services have robust practices in place to minimise the risk of their machines being used to move money associated with scams or fraud, the government agency said.
Jack Daniel's Parent Tops S&P 500 on Smaller-Than-Expected Revenue Slide
Jack Daniel's whiskey owner Brown-Forman was the S&P 500’s best performing company Thursday.
Lululemon Stock Jumps on Strong Earnings, Improved Full-Year Outlook
Lululemon reported third-quarter earnings that topped analysts’ expectations and raised its full-year outlook, sending shares sharply higher in extended trading Thursday.