Developers of Elizabeth Street Garden reject Adam’s deal for an alternative city site

Thanks, but no thanks. That was the development team’s response to the Adams administration’s offer to build housing on another city-owned site if the developers dropped their lawsuit over their abandoned Elizabeth Street Garden project. The government last week demanded that Pennrose, Riseboro and Habitat for Humanity New York City and Westchester drop their legal […]

China Adds Interest to Digital Yuan, Sparking $188 Million Surge in CBDC Stocks

China has taken a decisive step in overhauling its central bank digital currency strategy, transforming the digital yuan from an unyielding form of cash into an interest-bearing financial instrument. The move immediately sparked a wave of investor interest, with roughly $188 million flowing into digital yuan-linked stocks following the announcement. Digital Yuan gets an interest […]