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California adopts ambitious climate change bill

The governor of California on Wednesday signed an ambitious climate change bill that aims to increase the use of renewable electricity and make buildings more energy efficient. “California has taken groundbreaking steps to increase the efficiency of our cars, buildings and appliances and provide ever more renewable energy,” said Governor Jerry Brown at the signing ceremony. The bill aims for California to generate 50 percent of its electricity from renewable

Fleckenstein – Gold Is Headed Higher But The Stock Market Will Roll Over, Hit New Lows And Accelerate To The Downside

With the Dow surging and gold and silver continuing to trade firm, one of the greats in the business sent King World News a fantastic piece saying he believes that the gold market has already bottomed and is headed higher, but the stock market will roll over, hit new lows, and then accelerate to the downside, plus a bonus Q&A.

'Last bucket' hailed at NY Hudson Yards project's first building

Developers of a massive New York real estate project celebrated a major milestone on Wednesday with the pouring of a “last bucket” of cement on the first building slated to be finished at the Hudson Yards site on Manhattan’s west side. Retailer Coach Inc is scheduled in March 2016 to be the first tenant to occupy the building, 10 Hudson Yards, the largest commercial building ever erected in New York

New York property market still hot, leasing slows a tad: Colliers

Leasing activity in the third quarter for office space in Manhattan dipped below a 10-year rolling average for the first time since 2013, a crack in an otherwise robust commercial real estate market, Colliers International Group Inc said on Wednesday. The asking rate for rents is at record highs and property sales are poised to set an annual record, while the availability rate for office space fell to 9.7 percent,