Katia Dmitrieva Bloomberg

Analysts increasingly see a recession looming in the US following the Federal Reserves biggest increase in interest rates since 1994 and signs of weaker consumer spending.

Saudi Prince Alwaleed bin Talal Al Saud is seeking to sell Toronto's landmark Four Seasons hotel for almost C$1 million ($780,000) a room in what would be the highest price for a hotel in Canada, according to people familiar with the matter.

Analysts increasingly see a recession looming in the US following the Federal Reserves biggest increase in interest rates since 1994 and signs of weaker consumer spending.

Saudi Prince Alwaleed bin Talal Al Saud is seeking to sell Toronto's landmark Four Seasons hotel for almost C$1 million ($780,000) a room in what would be the highest price for a hotel in Canada, according to people familiar with the matter.