Office-loan delinquencies hit 5-year high in 2023 and likely will rise even higher, Moody’s says
Office-loan delinquencies hit a five-year high in November for mortgages packed into bond deals, and they are expected to climb...
Investing
Hertz cites weak demand, high damage costs in decision to downsize EV fleet
Hertz Global Holdings Inc. said Thursday it is selling about 20,000 electric vehicles from its fleet, or about one-third of...
Office Properties Income Trust’s stock on track for its biggest one-day loss ever, after dividend cut on commercial-space woes
Office Properties Income Trust’s stock lost a third of its value Thursday, after the real estate investment trust said “deterioration...
Don’t assume Coinbase’s stock will benefit from the bitcoin ETF, analysts say
Shares of Coinbase Global Inc. rallied Thursday after the much-anticipated regulatory approval of the spot bitcoin ETFs, but some analysts...
Tesla to raise employee pay as latest auto company to boost wages: Bloomberg
Tesla Inc. has told employees at its California car plant that it plans to boost wages across its U.S. factories...
Cardano leads way as large cryptocurrencies post advances
All large cryptocurrencies were up during morning trading on Thursday, with Cardano ADAUSD, -0.35% seeing the biggest change, climbing 8.98%...
Investors should expect easier financial conditions this summer, says BofA Global
Investors hyper-focused on expectations for rate cuts in 2024 can expect the Federal Reserve to buttress financial markets in another...
AMC’s stock continues its slide, on pace to extend losing streak to three days
Shares of AMC Entertainment Holdings Inc. continued their slide Thursday, falling 5.1% and on pace to extend their losing streak...
Oil prices settle at a 2-week low as OPEC+ decision disappoints
Oil futures fell for a second straight session on Friday to turn lower for the week, following the outcome of...
Why the rally in uranium that lifted prices to a 15-year high may not be over
Uranium prices have climbed to their highest level in more than 15 years, prompting investors to take notice, as analysts...
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