High interest rates across the US and Europe have hurt commercial property values, but not when luxury retail is involved.
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The CPI rose just 0.3% from the previous month. Perhaps most importantly, the annual core rate fell from a year earlier.
A New York Fed survey found renters saying their probability of ever owning a home fell to 40.1%, a new low.
The central bank held the funds rate at 5.25% to 5.5%, citing a “lack of further progress toward the Committee’s 2% inflation objective.”
Spending by older affluent Americans is helping grow the economy. But it’s also contributing to a delay in the Federal Reserve cutting rates.
Dealmaking-related revenue at a handful of major investment banks collectively rose 27% year-over-year in the first quarter.
Communities are hoping that a handful of incentives might be just enough to tip the scales and create a new generation of residents.
With a sale that includes a massive $70 billion offering of 5-year notes, the government hopes to close the widening deficit.
The consumer price index offered up a surprising uptick, damaging hopes that the Fed will be cutting rates anytime soon.
Banks are finding novel ways to game the Fed’s safeguard systems, according to a Wall Street Journal analysis.
Why it’s still a tightrope-walk to an economic soft landing.
Forecasting shifts in wealth, climate and the changing world order.
In 2022, 58% of Americans held stocks, according to a recent poll from the Federal Reserve. It’s the highest mark ever.
Interest rates and risk appetite to set the table for 2024…
Increasingly, Wall Street thinks we see rate cuts soon, according to a Wall Street Journal analysis published Monday.
Watchdogs have been badgering Wells Fargo about its lackadaisical approach to monitoring and preventing financial crimes.