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Fed Set to Cut Rates Again Amid Hazy Post-Election Outlook

by The Associated Press | Nov 5, 2024

No one knows how Tuesday’s presidential election will turn out, but the Federal Reserve’s move two days later is much easier to predict: With inflation continuing to cool, the Fed is set to cut interest rates for a second time this year.

Massachusetts' old state house on State Street in downtown Boston

Boston at ‘Moderate’ Risk of Housing Bubble

by Sam Lattof | Sep 30, 2024

According to a new report from UBS, the Greater Boston for-sale housing market ranks ninth in a ranking of global cities’ housing markets.

Revere Beach Apartments Sold for $80M

by Steve Adams | Aug 9, 2022

The developer of a two-year-old Revere Beach apartment complex has sold the property to an affiliate of UBS for $80 million.

War, Rate Hikes Will Heap Costs on Prospective Buyers

by Scott Van Voorhis | Mar 27, 2022

As we head into the spring market, predictions that 2022 would see home prices continue on their record tear, posting another year of double-digit increases, no longer looks like a sure bet.

What Hath WFH Wrought?

by Scott Van Voorhis | Sep 6, 2020

Vaccine or no vaccine, COVID-19 has set the stage for what are likely to be some big, permanent changes to the real estate market

US Retail Sales Plunged a Record 16 Percent in April

by The Associated Press | May 15, 2020

U.S. retail sales tumbled by a record 16.4 percent from March to April as business shutdowns caused by the coronavirus kept shoppers away, threatened the viability of stores across the country and further weighed down a sinking economy.

Boston’s Luxury Market Hardly Headed for a Crash

by Scott Van Voorhis | Oct 6, 2019

Home flippers, investors and just plain everyday buyers across Boston and its many suburbs must have missed the memo.

Massachusetts Included in 40-State Settlement for $68M

by Banker & Tradesman | Dec 27, 2018

UBS will cough up $68 million for its fraudulent conduct involving the manipulation of the London Interbank Offered Rate.

Impact On Banks From Britain’s Vote To Leave The EU

by Reuters | Jul 21, 2017

Global banks have said they could move thousands of jobs out of Britain to prepare for Brexit, the country’s planned exit from the European Union.

HSBC, UBS Settle US Rate-Rigging Litigation; 10 Banks’ Total Payout Tops $408M

by Reuters | Jul 12, 2017

HSBC Holdings Plc. and UBS Group AG have each agreed to pay $14 million to settle private U.S. litigation accusing them of rigging an interest rate benchmark used in the $483 trillion derivatives market.

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