Los Angeles sees 4 downtown office skyscrapers in distress with billions in defaulted loans, bids expected far below debt balances. Manufacturing & CRE Construction spend peaked over a year ago

“4 distressed office buildings in Los Angeles, California. Brookfield and its lenders (and receivers and special servicers) are peddling four active offerings that total about 4.9M SF of Class A office space in the Financial District, roughly 18% of the …

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Michael Burry says that Meta $META and Oracle $ORCL are hiding billions in losses and overstating earnings by over 20%. J.P. Morgan calls out AI spend.

JUST IN: Michael Burry says that Meta $META and Oracle $ORCL are hiding billions in losses and overstating earnings by over 20%. byu/TonyLiberty inFluentInFinance J.P. Morgan calls out AI spend, says $650 billion in annual revenue required to deliver mere …

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Thousands of high earners are leaving New York every year, draining billions in tax revenue and forcing the city to spend more while collecting less

New York millionaires: threatening to flee the city since 2009 pic.twitter.com/nuOLxApYGW — The Daily Show (@TheDailyShow) November 7, 2025 NY State saw peaks of over 3,000 millionaires leaving annually around 2020, with cumulative net outflows shrinking its U.S. millionaire share …

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NATO to Spend $1.5 Trillion in 2025

by Martin Armstrong NATO is not at war, and yet, the alliance has spent more on funding Ukraine than on any other conflict. The Defence Expenditure of NATO Countries (2014-2025) determined that the alliance is expected to spend $1.59 trillion USD in …

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Why millions to make billions when you could pay trillions to make millions! Firms spend $61.9B on AI in 2025, most still waiting for results. 42% of pilot projects scrapped. McKinsey calls it the “generative paradox”

$61.9 billion. That’s how much companies are spending on generative AI in 2025. IDC says investment jumped 94% this year. https://www.business-standard.com/technology/tech-news/genai-paradox-companies-pouring-billions-into-ai-it-has-yet-to-pay-off-125081302003_1.html The payoff? Still nowhere to be seen. McKinsey finds nearly 80% of firms use generative AI—but the same number …

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