Time is on the landlords’ side. Many office buildings still have at least four more years until borrowers face a whirlwind of mortgage debt coming due and a wave of large tenant leases expiring, according to credit-rating firm Moody’s Investors Service.
U.S. stocks close mostly lower Thursday, but off the low of the day, as investors seek safety in technology and tech-related investments amid rising cases of coronavirus in states like Arizona and Florida.
Dr. Anthony Fauci said Thursday that the U.S. is not doing great at containing the spread of COVID-19, but stopped short of saying much of the country might need to shut down again.
Joe Biden on Thursday charged Donald Trump with putting the stock market above ordinary Americans, blasting the president’s handling of the coronavirus pandemic as he laid out a new economic plan.
BofA head of equity research Savita Subramanian doesn’t label herself a bear, yet she sees the U.S. equity markets declining some 8% from now through year-end.
Countries such as South Korea have curbed the coronavirus by using contact-tracing phone apps, but the U.S. has stalled in its own efforts because of privacy concerns and other hurdles.
In one S&P 500 sector fund category, Vanguard’s assets just topped those of the industry titan, State Street Global Advisors’ SPDR suite.
This year numerous issues are disrupting the administration of an annual test determining students’ university prospects.
Gold futures edged back early Thursday, giving up some of its gains after the precious metal scored another settlement at the highest since September 2011.
Commodity prices can tell you what’s happening in Washington.