by Bloomberg.com | Jan 11, 2024 | archive, Markets/Economy
Brokerage JLL says more bidders are re-entering the market Firm forecasts that property owners will need more equity Soaring borrowing costs and plunging prices walloped the global commercial-property market last year. Now, more clarity around values and an urgent...
by Bloomberg.com | Jan 10, 2024 | alerts, Markets/Economy
Reasonable base case is 150 basis points of cuts: Mac Gorain JPMorgan Asset favors buying five-, seven-, 10-year Treasuries The Federal Reserve may end up cutting interest rates more than it’s currently signaling as the US economy slows, driving a rally in...
by Bloomberg.com | Jan 9, 2024 | alerts, Markets/Economy
Vacancy rate in city’s core rose to 17.4% in fourth quarter More construction in Toronto has been pressuring the market The vacancy rate for downtown Toronto office buildings reached a record high at the end of last year as a flood of largely empty space from newly...
by Bloomberg.com | Jan 8, 2024 | alerts, Markets/Economy
Consumer prices fell 0.5% on month, rose 3.9% on year in Dec. Central bank has said inflation ‘clearly’ easing to 3% target Chilean consumer prices unexpectedly posted their biggest monthly drop in more than a decade in December, sending swap rates tumbling and paving...
by Bloomberg.com | Jan 5, 2024 | alerts, Markets/Economy
Company has erased $177 billion in value so far this year Gap between Apple and Microsoft is less than $100 billion Apple Inc. just had its worst start to the year by one measure as investors react to mounting pressures on the company, putting its long-standing status...