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Rising interest rates and growing recession fears are compounding the woes of office landlords grappling with the spread of remote work.An index tracking the shares of publicly traded office owners was down 29% over the first two quarters, compared with a 21% decline by the S&P 500 stock index. Office stocks plunged in June, as weak economic indicators and persistent inflation made a recession appear more likely. Office leasing tends to be highly dependent on the health of the economy. During recessions, companies…

DAVOS, Switzerland—Fears of an economic downturn have lately gathered steam. Corporate executives at the World Economic Forum here struck a mostly gloomy tone to match.“There is a cycle of mood,” said Alex Karp, chief executive of Palantir Technologies Inc. “You walk around and everyone thinks it’s going to be bad, so it’s going to be bad.” Mr. Karp isn’t alone, but the pessimism he says he’s picking up among other CEOs also isn’t uniform. “It will be…

Traders worry billionaire Elon Musk may not have enough money sitting around to fund his $21 billion cash contribution and could decide against selling some of his Tesla Inc shares to come up with it. Experts say $1 billion deal termination fee was not high enough to make Elon Musk think twice about walking away…