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Shangri-La Industries Loses Homekey Sites to Receiverships

February 2, 2024 · Los Angeles, California Local News

Shangri-La Industries has lost control of six out of seven of its Project Homekey sites to court-appointed receivers, ending its goal of becoming a major operator of homeless…

Fed’s revised dot plot for interest rates makes wall of maturing debt a bigger worry

September 20, 2023 · Breaking News

The Federal Reserve on Wednesday surprised markets with a fortification of its higher-for-longer stance on interest rates, penciling in only half as many rate cuts next year as…