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...College endowments with more than $5bn in assets reported an average return of 2.8 per cent in the year to June 2023, according to the National Association of College and University Business Officers....
...Columbia University — one of the richest US higher education institutions and among New York’s largest private landlords — is under growing pressure to tackle poverty, hunger and homelessness among its students...
...Additional reporting by Joshua Chaffin in New York and Claire Jones in Washington...
...Edgar Allan Poe would have struggled today to recognise the rural calm he sought when renting a modest home outside New York in 1846 for the last four years of his brief, turbulent but productive life....
...Fedspeak: Federal Reserve governor Michelle Bowman will deliver a virtual speech at a workshop on the future of banking hosted by the central bank’s Kansas City branch....
...New York mayor Eric Adams said the police had made 108 arrests. Columbia also suspended the students who had occupied part of its main campus for more than 30 hours....
...This article is part of FT Globetrotter’s guide to New York It’s called the city that never sleeps for a reason: New York’s cultural calendar is jam-packed this year, so we’ve narrowed down some of 2024...
...Darcy Stacom, one of the most powerful figures in New York City real estate, is leaving brokerage firm CBRE after 22 years in a further sign of the crisis upending commercial property....
...One of New York’s biggest property developers is launching a $1bn fund to invest in the city’s distressed office buildings, potentially heralding a new phase in the commercial real estate crisis....
...In New York City, three pension plans that have chosen to divest from fossil fuel companies face a separate lawsuit alleging their decision was not made to further the interests of plan participants....
...One day, New York bookseller Cassie is handed a leatherbound notebook by her favourite customer just before he dies, the titular Book of Doors, which allows the user to travel instantly to anywhere they...
...Higher tax US cities such as New York, Chicago or Los Angeles, by contrast, had been “signalling” that they were no longer pro-business, he argued, citing New York’s 2019 rejection of a second Amazon headquarters...
..., protect students and “remedy operational and endowment mismanagement”....
...Also coming to Christie’s is Claude Monet’s dappled “Moulin de Limetz” (1888), which will be offered for between $18mn and $25mn this May in New York (guaranteed)....
...according to the Regional Plan Association (RPA), an economic and environmental think-tank for the New York-New Jersey-Connecticut area....
...With the eye of connoisseurs, the tenacity of detectives and the research skills of historians, the exhibition’s curators Emelie Gevalt, RL Watson and Sadé Ayorinde ask who those missing people might have...
...David Nassi, a New York-based lapidary whose company, 100% Natural, wholesales fine natural-coloured gemstones, holds both the GG Graduate Gemologist diploma from GIA and the Gem-A gemmology diploma, which...
...In another New York courtroom another judge will hold a hearing over the $175mn bond Trump posted as he appeals against a $454mn fraud judgment, after the state’s attorney-general Letitia James asked for...
...It’s unusual that Warren Buffett still lives in Omaha, Nebraska — the Midwestern state only has three billionaires, compared with roughly 100 in New York....
...Additional reporting by Harriet Clarfelt in New York...
...For all its reputation as a basketball mecca, New York City has not hoisted a professional hoops trophy in 50 years. Clara Wu Tsai wants to change that....
...Lynn Pasquerella, head of the American Association of Colleges and Universities, said: “There’s a risk of even greater destabilisation ahead....
...Brooklyn Crime Novel’s timeline stops just short of the pandemic, suggesting that the book, with its dusting-off of memories and news cuttings, was something of a lockdown project....
...Fed governor Michelle Bowman will give an address on monetary policy and the economy at the Utah Bankers Association and Salt Lake Chamber in Salt Lake City....
...The strongest and largest media markets in the US, including in New York, Boston, and Los Angeles, have successful standalone regional sports networks supported by millions of local subscribers....
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