UK economy returns to growth in August after two months of stagnation
By Suban Abdulla and Andy Bruce LONDON (Reuters) -Britain's economy grew in August after two consecutive months of stagnation, providing some relief to finance minister Rachel...
By Suban Abdulla and Andy Bruce LONDON (Reuters) -Britain's economy grew in August after two consecutive months of stagnation, providing some relief to finance minister Rachel...
By Lucia Mutikani WASHINGTON (Reuters) -U.S. producer prices were unchanged in September as a small rise in the cost of services was offset by cheaper goods, pointing to a...
Traders are looking to big bank earnings as Q3 earnings season begins.
The latest data on the Michigan Consumer Sentiment, a key indicator of the relative level of current and future economic conditions, has been released, revealing a decline in...
WASHINGTON (Reuters) - U.S. consumer sentiment slipped in October amid lingering frustration over high prices, a survey showed on Friday. The University of Michigan's preliminary...
Kevin Fagan, Moody's head of commercial real estate economic analysis, joins Asking for a Trend to discuss the state of the commercial real estate market. "From what we call the space market — which is the market for taking down commercial real estate space in terms of tenancy — rents and vacancies have kind of gone in the wrong direction overall. But then on the price side, prices have been relatively stable. I think that we're probably in what we would call a normalization period," Fagan tells Yahoo Finance. He notes that there has been a migration toward the Sun Belt region of the US. However, it got "a little bit overheated," and demand started to fall. Meanwhile, the Snowbelt has seen improved performance, indicating an overall normalization. As the Federal Reserve kicks off its rate-easing cycle, Fagan explains that transaction volume is starting to tick up and will be able to continue the momentum as interest rates stabilize. While many companies have implemented return-to-office mandates, he notes that demand for office space has improved significantly. However, it still is well below pre-pandemic levels. He adds, "What's really important for real estate is for us to figure out, what kind of space are tenants going to take per employee now in this hybrid work environment? And a lot of tenants still aren't sure about that. It takes a long time for these leases to roll over." Watch the video above to hear what Fagan says about the trend of converting commercial buildings into residential spaces. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Melanie Riehl
The latest data on the Michigan Consumer Sentiment, a key indicator of the relative level of current and future economic conditions, has been released, revealing a decline in...
The U.S. Producer Price Index (PPI), a leading indicator of consumer price inflation, remained flat in the latest data release, registering an actual figure of 0.0%. This key...
US producer prices held flat in September, potentially pointing to a cooling inflation picture as the Federal Reserve contemplates its next interest rate...
The U.S. Producer Price Index (PPI), a leading indicator of consumer price inflation, remained flat in the latest data release, registering an actual figure of 0.0%. This key...