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United Kingdom

News Headlines

Could the 1987 stock market crash happen again?

On the 30th anniversary of the 1987 stock market crash, U.S. stocks are at a record high and investors are concerned that steep valuations may mean a correction is overdue, despite healthy corporate earnings and economic growth.

Sears Canada collapse offers silver lining for mall owners

The collapse of Sears Canada, leaving vacant stores across the country with enough square footage to cover two-thirds of Manhattan Island, could actually boost profits for many mall owners who will be able to replace the retailer with tenants who can afford higher rents.