CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced the appointment of Chris Carr to the Company's Board of Trustees to serve until the next annual meeting of shareholders. Mr. Carr qualifies as an independent trustee under the New York Stock Exchange's listing standards. He will serve on the Company's Audit and Corporate Governance Committees. With this appointment, the Co...
U.S. equity markets retreated from record highs this week after the White House reignited its tariff offensive with a wave of aggressive levies and additional punitive threats. While inflation data has indicated that the 10% tariffs were efficiently absorbed, the pivot back towards Liberation Day tariff levels raises concern that recent deflationary offsets may be overwhelmed. After closing at ...
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that the Company will release its second quarter 2025 operating results on Monday, August 4, 2025 after the close of market and host a conference call to discuss those results on Tuesday, August 5, 2025 at 10:00 am Central. The conference call will be available via web cast on the Investor section of www.equityapartments.c...
U.S. equity markets closed the Independence Day week at record highs after Congress approved the GOP's sweeping tax cut and spending megabill, while employment data indicated "Goldilocks" labor market trends. The Big Beautiful Bill extends and enhances key elements of the 2017 tax cuts and boosts State and Local Tax ("SALT") deductions, while overhauling eligibility requirements for government ...
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced changes to its executive management team. Chief Investment Officer Robert A. (“Bob”) Garechana, 46, currently the Company's Executive Vice President and Chief Financial Officer (“CFO”), will assume the role of Executive Vice President and Chief Investment Officer (“CIO”). Alexander (“Alec”) Brackenridge, 61, currently Exec...
Shares of several New York-based banks and real estate investment trusts fell on Wednesday as Zohran Mamdani's lead in New York City's Democratic mayoral primary stoked concerns that his proposed rent freeze could pressure building owners.
Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge dividends. They should be a better bet than treasuries.” — Barron's Weekly. In Barron's, Steven Wieting, strategist at Citi Wealth, noted that a growing dividend is a tangible benefit for shareholders...
US equity markets retreated from the cusp of record-highs this week as encouraging inflation data showing surprisingly muted tariff-related inflation was spoiled by a sudden escalation in Middle East tensions. The critical CPI and PPI reports both showed cooler-than-expected inflation in May for a third-straight month, as lower oil prices and moderating shelter costs more than offset the tariff...
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