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Southern Markets Saw Rent Declines In 15 Out Of 21 Cities. Here's What They Did Right (And Wrong)

Rents are finally easing in parts of the South, offering a bit of a break to renters who have been feeling the squeeze over the past few years. Southern and Sun Belt cities have been a magnet for new development and saw rents drop in 15 out of 21 major markets this past year. While this shift brings some relief, it's important to understand what these cities got right – and where they fell short. Don't Miss: During market downturns, investors are learning that unlike equities, these high-yield r

Firms Ride Bitcoin Wave to Raise Billions From Convertible Debt

(Bloomberg) -- A rally across cryptocurrencies has made winners out of a handful of firms in the sector that followed MicroStrategy Inc.’s playbook of selling convertible bonds, thanks to President-elect Donald Trump choosing a crypto-friendly financier to head the top US financial regulator.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectNYC’s Run-Down Bus Terminal Gets Approval for $10 Bi