Breaking Business news from across New Jersey.
NEW YORK, NY – Hours after a woman set fire to a pride flag outside Little Prince, a restaurant in Manhattan’s South Village, owners replaced it with a new on. …
By Fergal Smith TORONTO (Reuters) – Canada’s main stock index will add to its rally this year and hit a record high in 2024 as the Bank of Canada turns …
By Naomi Rovnick and Davide Barbuscia LONDON/NEW YORK (Reuters) – Markets, bracing for a “no landing” scenario where global economic growth is resilient and inflation stays higher for longer, are …
(Reuters) – The Federal Reserve needs to get inflation on to a sustainable path down toward its 2% goal this year or else risk a repeat of the 1970s, when …
By Asif Shahzad ISLAMABAD (Reuters) – Pakistan will this week receive a new $700 million loan from China to help shore up its foreign exchange reserves, the country’s finance minister …
By Clara Denina and Harish Sridharan LONDON (Reuters) -Rio Tinto more than halved its dividend on Wednesday after posting a 38% drop in annual profit, hurt by weaker iron ore …
(Reuters) – Apollo Global Management Inc said on Wednesday former U.S. Senator Patrick Toomey has been appointed to its board, effective March 15. In a political career spanning decades, Toomey …
BERLIN (Reuters) – German trade with Central and Eastern Europe climbed to a new high of 562 billion euros ($597.52 billion) in 2022 despite a drastic decline in German exports …
By Sinéad Carew NEW YORK (Reuters) – Wall Street’s benchmark S&P 500 index is expected to advance about 5% from Tuesday’s close by year-end although high interest rates and inflation …
(Reuters) – The average interest rate on the most popular U.S. home loan rose last week to its highest since November as bond markets took fright that the Federal Reserve …
By Sarah El Safty and Mariam Rizk CAIRO (Reuters) – Ahmed Ramadan, a 44-year-old father of three, started using instalment payment services eight months ago after feeling the sting of …
By Suban Abdulla LONDON (Reuters) – British employers offered the biggest annual pay rises in 32 years during the three months to the end of January, but these increases are …
By Chibuike Oguh NEW YORK (Reuters) – Melvin Ike, a managing director in Blackstone Inc’s tactical opportunities group, has resigned to start his own investment firm, the private equity firm …
A look at the day ahead in U.S. and global markets from Mike Dolan Only seven weeks into the new year and many of the year’s favoured investments look spent …
By Mike Dolan LONDON (Reuters) -The end of modern globalisation may owe more to the fortunes of the U.S. dollar than Kremlinologists, Sinologists or military analysts acknowledge. A year from …
By Lucy Raitano and Samuel Indyk London (Reuters) – Potential downward earnings revisions and uncertainty over the outlook for monetary policy are leading analysts and strategists to take a cautious …
(Reuters) – The White House on Wednesday will unveil a plan to reduce mortgage insurance fees charged to first-time home buyers, helping an estimated 850,000 borrowers save about $800 a …
By Clare Jim and Donny Kwok HONG KONG (Reuters) – Hong Kong is set for back-to-back deficits but will give cash handouts and offer some help to first-time home buyers …
By Jeanny Kao and Meg Shen TAIPEI (Reuters) -Taiwan’s trade-dependent economy is likely to grow more slowly this year than previously forecast, hit by a slump in exports on weakening …
(Reuters) – Italian EU-harmonised consumer prices (HICP) fell 1.5% month-on-month in January and were up 10.7% from the year earlier, official statistics agency ISTAT said on Wednesday, revising down preliminary …
By Maria Martinez BERLIN (Reuters) -Germany’s inflation rate showed no signs of easing at the start of the year, as energy and food price pressures remained high due to the …
(Reuters) -Citigroup economists on Wednesday raised their global growth forecast slightly and see a “less hard” landing but still expect the world’s economy to grow at the slowest pace in …
By James Davey LONDON (Reuters) – Britain’s big supermarkets say they have never been more competitive on price, yet their customers are still flocking to German-owned discount stores Aldi and …
By Junko Fujita TOKYO (Reuters) -Japan’s 10-year government bond yield on Wednesday breached the top end of the Bank of Japan’s policy band for a second straight session, prompting the …
By Leika Kihara and Takahiko Wada TOKYO/MAEBASHI, Japan (Reuters) -Bank of Japan (BOJ) board member Naoki Tamura on Wednesday warned of the risk of an overshoot in inflation and said …