WeWork arranges $1. 75bn credit line with Goldman Sachs

Herbert Lash|Published

WeWork said on Tuesday it has arranged a $1. 75 billion letter of credit with Goldman Sachs that is in the process of being syndicated.

Mall owners say good riddance to Sears

Herbert Lash|Published

A number of investment trusts that own the malls where many Sears stores are anchor tenants have waited years for the retailer?s demise.

New US tariff threat on Chinese goods hits stocks, dollar

Herbert Lash|Published

US President Donald Trump was expected to announce new tariffs on $200 billion in Chinese goods as early as Monday.

House-hunting in the Hamptons

Herbert Lash|Published

The market for luxury homes in the summer playground of Wall Street's wealthiest people is losing some of its lustre.

Dollar gains on US jobs report

Herbert Lash|Published

Stocks on Wall Street rallied on Friday after strong jobs data made it almost certain the Federal Reserve would raise interest rates.

Dollar hits seven-month high

Herbert Lash|Published

The US dollar jumped to a seven-month high, pushing oil prices lower.

Wild week for markets ends quietly

Herbert Lash|Published

A volatile ride for global markets this week ended calmly even as lingering worries over Chinese economic growth weighed on stocks.

Strong US jobs data boosts dollar

Herbert Lash|Published

Stocks on Wall Street jumped more than 1. 0 percent, with the S&P 500 posting its best day in almost two months.

Global markets fall, bonds rise

Herbert Lash|Published

Global equity markets fell on Monday as civil unrest in Hong Kong weighed on investor sentiment, while Treasury prices rose.

Stocks wobble on Ukraine news

Herbert Lash|Published

Global equity markets seesawed and government bond yields fell sharply in a flight to safety on Friday.

Yen hits low, gold tumbles

Herbert Lash|Published

The yen slid to a 4-1/2-year low against the dollar, triggering a sell-off in oil and gold.

Economic growth concerns hit stocks

Herbert Lash|Published

World stock markets eased on Monday after weak Japanese economic data added to the latest data showing a slowing global economy.

Global stocks rally on euro hope

Herbert Lash|Published

Global equities rose for a fourth straight day, but the euro slid as hope Europe was finally getting a grip on the region's debt crisis was offset by lingering fears ...

Oil rises as Libya spurs fear

Herbert Lash|Published

World stocks tumbled on Tuesday as revolt in Libya drove crude prices to 30-month highs.