Brendan Paul was arrested on Monday around the same time Homeland Security agents raided two of Sean Combs’ properties
UBS flagged on Thursday the downturn in commercial real estate markets as one of the "top and emerging risks" facing the Swiss bank, as higher borrowing costs and a post-pandemic slump in demand for office space hit the sector. Commercial property markets in the United States and Europe are in the grip of the biggest slowdown since the 2008-9 crash. "Adverse effects on valuations from higher interest rates and structural decline in demand for office and retail space may trigger broader impacts given bank and non-bank lenders' material balance sheet exposure to the sector," the bank said in its 2023 annual report published on Thursday.
In order to recover the bodies of construction workers missing in the Baltimore bridge collapse, authorities said they must remove the wreckage.