The International Monetary Fund’s new managing director, Christine Lagarde, will make her debut under intense pressure this coming week, as Greece’s financial woes pose an urgent challenge. The French executive is expected to land in Washington on Monday, the Independence Day holiday for the United States. Full post…

Although sales have improved, analysts maintain that department stores Nordstrom, Neiman Marcus and Macy’s — who had tentatively committed to the $185 million mall — remain too wary to consider opening many new stores. Benderson will likely have to look to upscale alternatives like Saks Inc. or Lord & Taylor to anchor the 1.7-million-square-foot property, [...]