News

Office Rebound Expected in 2025 While Other Real Estate Stocks to See Trouble

(Bloomberg) -- It’s been a challenging couple of years for real estate stocks since the Federal Reserve started raising interest rates in 2022, as borrowing costs soared and the property market collapsed. And despite a healthy rebound in the middle of 2024, the outlook for 2025 isn’t particularly encouraging.Most Read from BloombergNew York City’s Historic Preservation Movement Is Having a Midlife CrisisNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets a

Bitcoin Tests $100,000 After Fed Spurs Worst Drop Since September

(Bloomberg) -- Bitcoin fell below $100,000 as the Federal Reserve’s cautious outlook for interest-rate cuts hurt speculative investments.Most Read from BloombergNew York City’s Historic Preservation Movement Is Having a Midlife CrisisNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets as Saharan Dust Descends on SenegalThe largest digital asset slipped as low as 4% to $96,789 on Thursday in New York — more than $10,000 shy of the record high set on Tuesday

US Yield Curve Is Steepest Since 2022 After Fed’s Rate-Cut Shift

(Bloomberg) -- Longer-dated US Treasuries weakened Thursday, propelling the yield curve to steepen to a level last seen about 30 months ago following the Federal Reserve’s hawkish interest-rate easing and projections for fewer rate cuts next year. Most Read from BloombergNew York City’s Historic Preservation Movement Is Having a Midlife CrisisNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets as Saharan Dust Descends on SenegalThe two-year yield was lower

Wall Street’s Next Test After Fed: $6.5 Trillion ‘Triple-Witching’

(Bloomberg) -- As Wall Street traders come to grips with the Federal Reserve’s plans to slow the pace of interest-rate cuts, Friday’s US options expiration that has historically stoked turbulence offers a final hurdle to end-of-year calm.Most Read from BloombergNew York City’s Historic Preservation Movement Is Having a Midlife CrisisNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets as Saharan Dust Descends on SenegalThe quarterly “triple-witching” will s