Office Owners Dump Lesser Buildings for Whatever They Can Get
Listen to article (2 minutes) Some of New York’s best known real-estate developers are unloading their least viable office buildings at deep discounts, cracking open...
Why gold still has a shot to reach a record high this year
Investors tried and failed earlier this month to lift gold prices to a fresh record high and even the risk of a U.S. debt default...
Paper Money Diehards Refuse to Fold: WSJ
Many businesses take payment only by card or phone, but a pro-cash movement is urging people to ‘Resist! Defy! Don’t comply!’ [ad_2] Source link...
Don’t Swing at the Yield Curve: WSJ
‘What if the yield curve isn’t inverted because the Fed has raised rates too high, but because long-term Treasury yields are too low?’ [ad_2] Source...
Gold prices at lowest since March as dollar rises and U.S. debt-ceiling deal looks ‘doable’
Gold futures settled at their lowest level since late March on Thursday, pressured by a stronger U.S. dollar and hopes for a deal to raise...
Rise in Distressed Sales Signals New Chapter for Beleaguered Office Market: WSJ
In a sign that the office market slump is moving into a new phase, property owners are starting to unload troubled office buildings at fire-sale...
Bond Selloff Adds to the Pressure on Regional Banks: WSJ
Rising yields on debt threaten higher borrowing costs for lenders. Meanwhile, shares of regional banks were down, as PacWest said it lost 9.5% of total...
Gold scores back-to-back gains ahead of U.S. inflation readings this week
Gold prices scored back-to-back gains on Tuesday, with the yellow metal moving closer to its settlement last Thursday which marked the second-highest finish for a...
U.S. Exchanges List More Than a Dozen Cryptos the SEC Says Are Illegal to Sell
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Honey, the Fed Shrunk Global Dollar Credit: WSJ
It meant to curb borrowing in the U.S. and control inflation but instead unleashed something that may be more destabilizing. [ad_2] Source link...