📊 Foreclosure signals real estate woes

December 08, 2025

Hi everyone, here is your 📊 Daily Trade.

Here's what's happening today:

📉 US consumer spending slows in September
🔨 US Steel resumes Illinois plant operations
🏢 East Bay office hub foreclosure highlights value drop
🔄 FirstEnergy launches exchange offer for senior notes
💰 Capricor Therapeutics announces $150M stock offering
🎁 +8 more stories you might like

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📉 US Consumer Spending Slows as Inflation Bites Link
  • Consumer spending in the U.S. grew modestly in September, reflecting high prices and economic uncertainties.
  • Inflation reached its fastest pace in over a year, driven by tariffs and rising costs of goods.
  • High-income households continue to drive spending, while lower-income groups face affordability challenges.
🔨 US Steel to Reopen Illinois Plant Amid Rising Demand Link
  • U.S. Steel plans to resume operations at its Granite City Works plant in response to increased demand.
  • The decision follows pressure from the White House and reflects a robust U.S. steel market bolstered by tariffs.
  • The plant's reopening is expected in the first half of next year, creating hundreds of jobs.
🏢 Foreclosure of East Bay Office Hub Signals Market Woes Link
  • A major office complex in San Ramon has been foreclosed, highlighting declining property values.
  • The complex's value has dropped significantly since its purchase in 2018, reflecting broader market challenges.
  • Rising vacancy rates and soft rents are contributing to financial difficulties in the East Bay office market.
🔄 FirstEnergy Offers Exchange for Senior Notes Link
  • FirstEnergy Transmission has launched an exchange offer for its senior notes due 2033.
  • The offer is part of satisfying registration rights obligations and not a new financing transaction.
  • The exchange offer is set to expire on January 7, 2026, unless extended.
💰 Capricor Therapeutics Prices $150M Public Stock Offering Link
  • Capricor Therapeutics announced a public offering of 6 million shares at $25 each, raising $150 million.
  • The funds will support the development of Capricor's product candidates and general corporate purposes.
  • The offering is managed by Piper Sandler and Oppenheimer, with a closing expected by December 8, 2025.

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Other news & articles you might like

  • 💼 USCB Financial restructures portfolio for growth (Link)
  • 🏦 Citizens expands private banking to Philadelphia (Link)
  • 🚨 Whistleblower suit against Morgan Auto Group in Florida (Link)
  • 📉 13 million US households have negative net worths (Link)
  • 🔋 Sunrise granted patent for fast-charging tech (Link)
  • 🌍 Colorado families shift from coal to geothermal (Link)
  • 📊 NextEra Energy hosts investor conference on Dec. 8 (Link)
  • ⚽ California lawmakers concerned over World Cup issues (Link)

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