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Defaults are reaching historic levels in the office market as a growing number of owners capitulate to high interest rates and weak demand.
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The Properties High Interest Rates Can't Touch
Competition to buy the world’s most exclusive stores is intense despite modest rent growth.The Wall Street Journal - World -
Auto incentives are back — but high interest rates weaken deals for buyers
Incentives are coming back to the auto market, but interest rates remain high, corroding the benefits for buyers. Here are three things shoppers can do.CNBC - Business -
I earn $120,000 a year and have $165,000 in savings. How do I invest in this high-interest-rate environment?
“My husband and I would like to provide our new baby with the best life we can.”MarketWatch - Business -
Mortgage rates fall to the lowest level in a month, but ‘home buyers are still feeling the pressure’ from high home prices
The 30-year mortgage rate is averaging at 7.02% Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Business -
'We changed the club', but Arsenal need to reach 'next level'
So close, but yet so far – and the mood was defiant at Arsenal after their final-day win over Everton was not enough to earn a first Premier League title in two decades.BBC News - Top stories -
Tunisians stage anti-migrant protest as the number of stranded in transit to Europe grows
Hundreds of anti-migrant protestors have marched through the streets of a Tunisian town where many migrants are living while waiting to try and travel by boat to EuropeABC News - World -
Growing number of travelers bringing guns to airports, TSA says
The TSA expects nearly 3 million passengers on Friday to kick off Memorial Day weekend. But with the return of post-pandemic travel, a new trend has emerged — more Americans than ever are bringing guns to the airport. CBS News homeland security ...CBS News - Top stories -
How to immunize your bond ETF if interest rates turn higher
Tips to hedge a portfolio against interest rate fluctuations.MarketWatch - Business -
Summer interest rate cut possible, says Bank deputy
Ben Broadbent's comments come ahead of data which is expected to show a fall in inflation.BBC News - Top stories -
CD interest rate forecast for summer 2024: Everything experts predict
CD rates might experience some changes this summer, experts say. Here's how — and why.CBS News - Top stories
More from The Wall Street Journal
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S&P 500, Nasdaq Hit New Records
Shares of Macy’s rose, while Lowe’s stock fell after the retailers reported results.The Wall Street Journal - World -
Defeated by Big Sandwich, Sen. Warren Launches Attack on Big Salami
Democrats still seem to think Biden-era inflation is going to last a while.The Wall Street Journal - World -
State Treasurers, Others Urge Exxon Mobil Shareholders to Vote Against CEO
In addition to Exxon Mobil’s CEO, the group urged voting out Lead Independent Director Joseph Hooley.The Wall Street Journal - World -
S&P 500 Hits New High With Retail Earnings in Focus
The S&P 500 and Nasdaq climbed to records, while the Dow rose to just shy of its all-time high.The Wall Street Journal - World -
Comex Gold, Silver Settle Lower
Gold fell 0.5% from its record high to settle at $2,421.70 per troy ounce.The Wall Street Journal - World