Bloomberg

China suggests 25% car tariff as EU probe deadline looms

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China suggests 25% car tariff as EU probe deadline looms

(Bloomberg) — China signaled its willingness to slap tariffs of up to 25% on imported cars with big engines as trade tensions with the U.S. and European Union escalate. Most Read by Bloomberg The China EU Chamber of Commerce said it was informed of the possible move by insiders, according to a statement posted on … Read more

NYC Pension to invest $60 million to preserve affordable housing

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NYC Pension to invest $60 million to preserve affordable housing

(Bloomberg) — New York’s $86 billion civil employee pension fund is investing in a not-for-profit partnership that took over loans for properties linked to rent-controlled, rent-stabilized apartment buildings from failed Signature Bank. Most Read by Bloomberg The New York City Employees Retirement System, or NYCERS, will invest up to $60 million in a partnership, led … Read more