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Interest-Only Loans Helped Commercial Property Boom. Now They’re Coming Due.

With nearly $1.5 trillion in commercial mortgages coming due over the next three years, many landlords are vulnerable to default in part because of how their loans are structured.

The Wall Street Journal |  | Fuente original

American Airlines’ Radical Plan to Reinvent Business Travel

Work travel isn’t what it used to be—and that’s left American rethinking its strategy.

The Wall Street Journal |  | Fuente original

Wall Street Backs Off Bets on Fed Rate Cuts

The strength in the economy has wrong-footed bets that the Fed will make large rate cuts this year, potentially undermining a key element of support for the 2023 stock rally.

The Wall Street Journal |  | Fuente original

As China Risks Grow, Manufacturers Seek Plan B—and C and D

Western executives are shifting to various countries to prepare for contingencies.

The Wall Street Journal |  | Fuente original

California Spent $17 Billion on Homelessness. It’s Not Working.

The Wood Street encampment for years drew people with nowhere to live, until a fire made finding a solution an urgent—and frustrating—task.

The Wall Street Journal |  | Fuente original

Jamie Dimon Says He Never Discussed Jeffrey Epstein’s Accounts at JPMorgan; Jes Staley Says Dimon Did

Former top JPMorgan executive Jes Staley said in legal documents that he communicated with CEO Jamie Dimon about the bank’s business with convicted sex offender Jeffrey Epstein.

The Wall Street Journal |  | Fuente original

Where Is the U.S. Economy Headed? Follow the Money

Debt markets, where lenders funnel money to businesses and consumers, are showing signs of strain.

The Wall Street Journal |  | Fuente original