Joint-Base Fire Clouds Sunset at the Jersey Shore
JOINT BASE MCGUIRE-DIX-LAKEHURST, N.J. — A wildland fire within Joint Base McGuire-Dix-Lakehurst (JB MDL) remains under close watch by firefighters as containment efforts continue, officials reported on Sunday. Crews are employing burn-back…
Analysis-War clouds Israel’s interest rate outlook
By Steven Scheer and Karin Strohecker JERUSALEM/LONDON (Reuters) – Israel’s war with Palestinian militant group Hamas has upended expectations of where Israeli short-term interest rates are headed as policymakers try to balance…
Spike in Treasury yields clouds Biden, Fed hopes for smooth return to normal
By Howard Schneider WASHINGTON (Reuters) – Even as the U.S. economy bounds along, rising interest rates on government bonds could threaten the plans of elected officials and central bankers who thought they…
US new vehicle sales to rise for sixth month; UAW strike clouds Oct outlook – report
(Reuters) – New vehicle sales in the United States are projected to rise for a sixth consecutive month in September on strong demand, according to an industry report, though the strike by…
In AI push, Telenor hires Google Cloud’s Amol Phadke as CTO
OSLO (Reuters) – Norwegian telecoms firm Telenor has recruited Google Cloud’s Amol Phadke as its new Chief Technology Officer (CTO) to strengthen its AI activities, Telenor said on Tuesday. Phadke most recently…
NYC Weather Report: Sun, Clouds and Passing Storms on Wednesday
NEW YORK, NY – New York City residents can expect a mix of sun, clouds, and a chance of showers and thunderstorms over the next couple of days. Here’s the latest weather…
PNC Financial’s interest income forecast trim clouds upbeat quarter
(Reuters) – PNC Financial Services Group on Tuesday cut its forecast for full-year net interest income (NII), casting a shadow over the lender’s second-quarter earnings beat. Shares of the bank fell nearly…
‘Dark Clouds’: Indian Prime Minister Modi Warns Of China Threat In Speech To US Congress
‘Dark Clouds’: Indian Prime Minister Modi Warns Of China Threat In Speech To US Congress Arjun Singh on June 22, 2023 Indian Prime Minister Narendra Modi warned Congress of the threat China…
Marketmind: U.S. default risk clouds Korea, Indonesia rate decisions
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The central banks of South Korea and Indonesia announce interest rate decisions on Thursday, against…
Investors look past US tech sector as uncertain environment clouds outlook
By Lisa Pauline Mattackal and Divya Chowdhury MUMBAI (Reuters) – Investors are looking beyond the U.S. technology sector’s bounceback this year for longer-term returns, as higher interest rates and an uncertain macroeconomic…
Storm clouds gather over highly indebted companies, Moody’s says
By Matt Tracy WASHINGTON (Reuters) – Credit ratings agency Moody’s Investors Service Inc said on Wednesday it has pushed more highly indebted companies to the bottom of its junk ratings barrel and…
Feeling poorer: Property slump hurting Chinese consumers, clouds recovery
By Liangping Gao and Marius Zaharia BEIJING/HONG KONG (Reuters) – Liu Baoxiang, who runs a mahjong parlour in a city on China’s rust belt, no longer splurges on extravagant fashion items after…
Sarepta slides as FDA about-turn on panel clouds gene therapy approval path
By Aditya Samal (Reuters) -Shares of Sarepta Therapeutics Inc slumped as much as 21% on Friday on uncertainty over its gene therapy for Duchenne muscular dystrophy after the U.S. health regulator reversed…
ECB goes big on rates but bank turmoil clouds outlook for central banks
LONDON (Reuters) – The European Central Bank on Thursday stuck with plans for a big interest rate increase, keeping up the pace of its monetary tightening to contain inflation even as markets…
DAVID BLACKMON: Biden’s Energy Secretary Shows Yet Again That Her Head Is In The Clouds
DAVID BLACKMON: Biden’s Energy Secretary Shows Yet Again That Her Head Is In The Clouds David Blackmon on March 11, 2023 Just two days after Energy Secretary Jennifer Granholm seemed to have…
Defense firms set to post higher sales, McCarthy’s election clouds outlook
By Nathan Gomes (Reuters) – Defense companies are expected to post higher fourth-quarter sales, according to analysts, bolstered by easing supply chain bottlenecks and increased defense outlays as the Pentagon and its…
Stumbling Treasury rally clouds bond market outlook for 2023
By Davide Barbuscia NEW YORK (Reuters) – U.S. government bond investors hurting after the biggest annual decline in the history of the asset class are riding out yet another selloff, as worries…
Taiwan Nov export orders plunge, China’s COVID surge clouds outlook
TAIPEI (Reuters) – Taiwan’s export orders contracted at the worst rate in more than a decade in November, hit by a plunge in China demand and generally weaker global consumer spending because…
European banks cash in on rising rates as clouds gather
By Tom Sims, John O’Donnell and Jesús Aguado FRANKFURT (Reuters) – Some of Europe’s largest banks warned of growing risks as the economy fizzles after posting stronger-than-expected profits on Wednesday, helped by…
Digital ad market shows ‘signs of life’ but economy clouds 2023 outlook
By Sheila Dang and Katie Paul (Reuters) – When Snap Inc kicks off the third-quarter earnings season for tech and social media companies on Thursday, investors are expecting modest revenue growth across…
Tesla steps up job ads as recession clouds gather
By Noel Randewich (Reuters) – While Elon Musk may be worried about the economy, job openings on Tesla’s website suggest the world’s most valuable car maker is hiring employees at a quick…
Dire performance of new Hong Kong listings clouds prospects for IPO pickup
By Scott Murdoch HONG KONG – The majority of stocks listed in Hong Kong since the start of last year are trading well below their initial selling prices, data showed, leaving investors…
Analysis-Pelosi’s Taiwan visit clouds Boeing’s China reset hopes
By Jamie Freed, Norihiko Shirouzu and Tim Hepher (Reuters) – Boeing Co faced added uncertainty over crucial plane deliveries to China on Wednesday as a visit to Taipei by U.S. House of…
ISAAC: Biden’s Head Is In The Clouds On Energy Policy And The American People Are Paying For It
ISAAC: Biden’s Head Is In The Clouds On Energy Policy And The American People Are Paying For It Jason Isaac on July 30, 2022 It’s no secret that President Joe Biden has…
Amid clouds on economic horizon, Spain’s jobless rate stays below 3 million mark
(Reuters) – Spain’s jobless number remained below three million for the second month running, falling to 12.48% in the April to June period of 2022 compared to 13.65% three months earlier, data…
CARTER: Democrats’ Heads Are In The Clouds When It Comes To Lowering Drug Prices
CARTER: Democrats’ Heads Are In The Clouds When It Comes To Lowering Drug Prices Rep. Buddy Carter on July 10, 2022 Republicans have a plan to combat high prescription drug prices, without…
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