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  • Mar 10, 2025

Here are the federal leases Elon Musk is cutting in North Texas

Elon Musk along with 1999 Bryan Street in Dallas and 17629 El Camino Real in Houston (Getty, Google Maps, LoopNet)Elon Musk’s Department of Government Efficiency has canceled six federal office leases in Dallas-Fort Worth. The eliminations cut more than $1.12 million in annual rent, D Magazine reported. They are part of the Trump administration’s broader effort to reduce the government’s […]This article originally appeared on The Real Deal. Click here to read the full story.

  • Mar 10, 2025

NY Fed: Worry over outlook increases amid stable inflation expectations

(Reuters) -Americans grew more worried about the economic outlook in February even as their expectations of the future path of inflation were little changed, a report on Monday from the Federal Reserve Bank of New York said. According to the bank’s latest Survey of Consumer Expectations, inflation a year from now is seen at 3.1%, up a hair from January’s 3% reading, while the projected level of inflation three and five years from now was unchanged relative to January at 3%. The bank’s relatively calm outlook for inflation contrasted, however, with expectations of accelerating price increases for food, rent, gasoline, college and medical costs, as well as a year-ahead expected rise in home prices of 3.3%.

  • Mar 10, 2025

Baker Hughes says oil producers unlikely to increase spending this year

U.S. oil and gas producers are unlikely to increase spending this year and output increases will primarily come from improved efficiencies rather than new drilling, Baker Hughes Chief Executive Lorenzo Simonelli said on Monday. The outlook comes as U.S. President Donald Trump's administration has repeatedly exhorted the industry to "Drill, baby, drill," to maximize oil and gas production and reduce consumer energy costs. Still, oil prices have fallen this year and many producers remain focused on capital discipline over uninhibited drilling.

  • Mar 10, 2025

China Rattles Crop Markets With Levies on Canadian Farm Exports

(Bloomberg) -- China’s weekend move to impose tariffs on Canadian rapeseed products has sent prices for the crop plunging, adding more uncertainty to global food flows that are being buffeted by a series of trade wars.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpInside the ‘

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