Bloomberg

The private equity firm wants to undertake a recapitalization that will leave the retailer with $1 billion in additional debt.

The Senate Banking Committee will hold two days of hearing on ending Fannie and Freddie conservatorship.

The decline in interest rates over the past three month could stimulate the U.S. housing market.

Regulatory constraints might prevent Brookfield Asset Management from fully integrating Oaktree Capital Group, according to Brookfield CEO.

The Federal Reserve plans no interest rate hikes this year.

A flexible work space provider is taking over former Saks Fifth Avenue location at Brookfield Place Mall.

A Texas state court judge will have to rule on a dispute between Neiman Marcus and its hedge fund creditor over the retailer’s reshuffling of assets.