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Page 27 of 63
Third-tallest tower in Los Angeles sells for 45% less than last purchase price as remote work, interest rates drive down office values
Finance
Third-tallest tower in Los Angeles sells for 45% less than last purchase price as remote work, interest rates drive down office values
By John Gittelsohn and BloombergDecember 23, 2023
Low clouds obscure the tops of downtown skyscrapers in Los Angeles
Finance
Commercial real estate values will suffer a $480 billion wipeout next year—and that’s following a $590 billion loss in 2023, research firm says
By Alena BotrosDecember 19, 2023
Photo of Jan Hatzius
Finance
Goldman Sachs’ chief economist says ‘The Great Disinflation’ is under way—and he expects 3 back-to-back interest rate cuts by summer
By Will DanielDecember 18, 2023
Bank of America warned of a mild recession at the beginning of the year. Now, it says the Fed is close to ‘sticking’ a soft landing
Finance
Bank of America warned of a mild recession at the beginning of the year. Now, it says the Fed is close to ‘sticking’ a soft landing
By Will DanielDecember 18, 2023
The Federal Reserve is on the cusp of defeating inflation without a steep recession: ‘The Fed looks like it has won that battle’
Finance
The Federal Reserve is on the cusp of defeating inflation without a steep recession: ‘The Fed looks like it has won that battle’
By Chris Rugaber and The Associated PressDecember 16, 2023
The Fed’s declaration that rates may have peaked is ‘a long-awaited holiday present’ for Wall Street, sending the Dow to a record close
Finance
The Fed’s declaration that rates may have peaked is ‘a long-awaited holiday present’ for Wall Street, sending the Dow to a record close
By Will DanielDecember 13, 2023
Federal Reserve holds interest rate steady and predicts 3 rate cuts next year as economy slows
Finance
Federal Reserve holds interest rate steady and predicts 3 rate cuts next year as economy slows
By The Associated PressDecember 13, 2023
Economic pessimists’ bet on a 2023 recession failed. Why are they doubling down in 2024?
Commentary
Economic pessimists’ bet on a 2023 recession failed. Why are they doubling down in 2024?
By Philipp Carlsson-Szlezak and Paul SwartzDecember 11, 2023
The Fed watcher who called the 2007 housing bubble expects interest rates to stay high for ‘much, much, much longer.’ It’s payback for the unsustainable ‘free money era’
Finance
The Fed watcher who called the 2007 housing bubble expects interest rates to stay high for ‘much, much, much longer.’ It’s payback for the unsustainable ‘free money era’
By Will DanielDecember 9, 2023
A customer walks by a now-hiring sign posted in front of a retail store in Novato, California
Finance
Corporate America’s hiring spree is cooling—economists say we should all take that as a good sign
By Will DanielDecember 5, 2023
Wide-ranging survey of 38 business economists finds over 3 in 4 believe the recession is canceled
Finance
Wide-ranging survey of 38 business economists finds over 3 in 4 believe the recession is canceled
By The Associated PressDecember 4, 2023
Soaring mortgage rates hit U.S. cities: Here’s where buying a home is most expensive relative to renting
Magazine
Soaring mortgage rates hit U.S. cities: Here’s where buying a home is most expensive relative to renting
By Nicolas Rapp and Matthew HeimerDecember 3, 2023
The Fed’s favorite inflation gauge cooled in October, and Wall Street believes it may signal ‘interest rate cuts are on the horizon’
Finance
The Fed’s favorite inflation gauge cooled in October, and Wall Street believes it may signal ‘interest rate cuts are on the horizon’
By Will DanielNovember 30, 2023
Wall Street titans are getting behind Nikki Haley in the presidential race—billionaire hedge funder Bill Ackman says it’s time for Biden to ‘step aside’
Finance
Wall Street titans are getting behind Nikki Haley in the presidential race—billionaire hedge funder Bill Ackman says it’s time for Biden to ‘step aside’
By Will DanielNovember 30, 2023
Late 2023 recession off a ‘classic policy-led boom-bust cycle’ is already happening, Deutsche Bank says—but AI is changing the game a bit
Finance
Late 2023 recession off a ‘classic policy-led boom-bust cycle’ is already happening, Deutsche Bank says—but AI is changing the game a bit
By Will DanielNovember 27, 2023
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