Good morning, readers.
After reports of impending layoffs at real estate giant CBRE Group Inc. last week, more companies in the financial, real estate and mortgage sectors have announced job cuts.
Meanwhile, as financial pressures mount along with rising interest rates, cities that want developers to transition vacant office buildings into residential projects may find it's hard to make such endeavors pencil out.
Read on to learn more about that and other top news and trends in U.S. business today.
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