JUNE 26, 2007 -- Tampa, Fla. -- Marcus & Millichap recently announced the closing of the Ashley Oaks Apartments, a 130-unit complex in Tampa, Fla. The community sold for $4 million.

Sluggish productivity and an over-reliance on oil and gas pose a threat to the future economic expansion of the Gulf, according to a major new report on the region published today by The Conference Board, the international business membership and research

For those keeping score at home, Kirk Kerkorian turns 91 on June 6. He is not, as the joke goes, a long-term investor. But he certainly is an active one.

The global financial system these days is beginning to look like a giant Whac-a-Mole game -- when we think we've knocked down one speculative bubble, another one just like it pops up. The latest is the commodities bubble -- everything from oil and natura

Abu Dhabi, the richest city in the world, has seen its gross domestic product (GDP) soar from $40.6bn in 2002 to $108.9bn in 2007 (more than 8% per annum).