• April 11, 2024

Potential escalation in Middle East raises oil price concerns

US officials have warned of an imminent attack on Israeli assets by Iran or proxies, potentially causing a wider conflict in the Middle East. Oil Prices (BZ=F, CL=F) could be impacted as the escalation pours further doubt on oil production in the region. Senior Columnist Rick Newman joins Yahoo Finance to break down the potential of a wider conflict in the Middle East and how that may impact the energy sector. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Nicholas Jacobino

  • April 9, 2024

Office vacancies soar to record high: Expert

Office vacancies are rising across America. Moody's Head of Commercial Real Estate Economics Thomas LaSalvia joins Yahoo Finance Live to discuss this trend. LaSalvia states that office vacancies are currently at "a record high," on their way "to peak above 20%" and possibly remain there for years. He attributes this development to office spaces not having enough income to "be able to kick the can" until interest rates lower and refinancing can occur. However, LaSalvia notes that not all properties are in "rough shape." He explains that areas such as Nashville, Tampa, and Kansas City are seeing more offices relocate there. As talent migrates to "more affordable locations," there has been a dispersion of where offices "want to or need to locate" in order to attract this talent. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith