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Hilton Intends REIT Spinoff

With the year-end omnibus bill pending in Congress set to ban certain real estate investment trust spinoffs, Hilton revealed its plans to form a...

On the Move: This Week’s Comings and Goings

Starwood Hotels & Resorts has named a new CEO, effective Dec. 31, following the resignation of interim CEO Adam Aron, who is leaving the...

Federal Reserve Votes to Raise Interest Rates

For the first time in nearly ten years, the Federal Reserve has raised interest rates. Bloomberg reports that the Federal Open Market Committee unanimously...

U.S. Federal Reserve Set to Raise Rates

At 2 p.m. today, the U.S. Federal Reserve is set to raise rates for the first time since 2006. Markets are prepared for a...

Congress Settles on $1.1 Trillion Spending Package

Late last night, congressional leaders announced a deal on a $1.1 trillion, year-end tax and spending package that averts a government shutdown and funds...
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