New Jersey GOP Congressman backs bill to release Epstein files despite AG dismissal
WASHINGTON, D.C. — Rep. Jeff Van Drew announced Tuesday he has cosponsored legislation introduced by Rep. Thomas Massie aimed at releasing the full set of files related to Jeffrey Epstein, joining a…
Lithium producers stay bullish on EVs despite growing headwinds
By Ernest Scheyder and Melanie Burton (Reuters) – The world’s largest lithium producers say they remain bullish on long-term demand for the battery material in the midst of recent price drops fueled…
Smiles, Costumes and Halloween Treats for All Despite Rain at Lyons Mill Elementary
FRANKLIN, MD — Lyons Mill Elementary School successfully hosted their annual Trunk-or-Treat event on Friday evening, relocating it indoors due to inclement weather. School Resource Officer K. Gilbert represented Precinct 3-Franklin at…
Marketmind: Ominous signal – Wall St slides despite yield slump
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets look to round off a difficult week with a flourish…
Moncler sales seen rising despite luxury concerns, warmer weather
By Elisa Anzolin MILAN (Reuters) – Italian luxury group Moncler is expected to post a healthy rise in quarterly sales thanks to a strong brand and despite the warmer weather, although growth…
EU, US could agree on critical minerals despite steel failure, says France
VALENCIA, Spain (Reuters) – The European Union and the United States could reach a deal on critical minerals over the coming weeks or months despite their failure to agree an accord on…
China property market shows little signs of revival despite stimulus
By Clare Jim and Liangping Gao HONG KONG/BEIJING (Reuters) – China’s troubled property market is showing little signs of a recovery in the short term despite a series of government stimulus measures…
Analysis-Bond buyers dip toes in long-term Treasuries despite higher-for-longer rate fears
By Davide Barbuscia NEW YORK (Reuters) – Some investors are increasing exposure to longer term U.S. Treasuries in the midst of a historic sell-off, as spiking yields promise to juice returns despite…
Malteurop sees demand rebound for beer ingredient despite inflation
(Reuters) – Inflation is curbing short-term demand for malt, but demand looks to rebound soon for the beer ingredient made from barley after brewers depleted stocks, France-based producer Malteurop said on Wednesday.…
U.S. Treasury bond ETFs draw net inflows this year despite recent market rout
By Suzanne McGee (Reuters) – Investors have poured money into exchange traded funds (ETFs) focused on the US bond market this year, despite a historic sell-off in global bonds and uncertainty over…
Long US Treasury yields may rise further despite near-term swings, BlackRock says
By Davide Barbuscia NEW YORK (Reuters) – Long-term U.S. Treasury yields may still have room to rise but they could swing in both directions in the near term as inflation eases and…
S&P 500 rally in Q4 “more likely than not” despite headwinds – Morgan Stanley
(Reuters) – A rally in the S&P 500 in the fourth quarter of 2023 “is more likely than not”, Morgan Stanley’s Michael Wilson said in a note. Wilson and other strategists said…
Despite rout, bond strategists stay tethered to falling yield forecasts
By Sarupya Ganguly BENGALURU (Reuters) – Bond market strategists are holding on to their forecasts for U.S. Treasury yields to decline by year-end, as well as a view that 10-year yields have…
Portugal eyes small budget surplus in 2024 despite slowing growth
By Sergio Goncalves LISBON (Reuters) – Portugal unveiled its draft 2024 budget on Tuesday, projecting a surplus of 0.2% of GDP despite a further economic slowdown to 1.5% from this year’s expected…
ECB’s Villeroy : inflation to still land at around 2 pct by 2025 despite violence in Israel
PARIS (Reuters) – Inflation should still land at the European Central Bank’s target of around 2% by 2025 despite the violence in Israel weighing on commodity prices, ECB policymaker Francois Villeroy de…
ICE Detention Centers Have Thousands Of Empty Beds Despite Record Illegal Immigration
ICE Detention Centers Have Thousands Of Empty Beds Despite Record Illegal Immigration Jennie Taer on October 9, 2023 Several Immigration and Customs Enforcement (ICE) detention facilities are below capacity even as illegal…
Kremlin: Russia must hold 2024 presidential vote on schedule despite Putin ally comment
MOSCOW (Reuters) – The Kremlin believes Russia’s presidential and parliamentary elections should be held on schedule irrespective of the “special military operation” in Ukraine, presidential spokesman Dmitry Peskov was quoted on Monday…
Fetterman Struggles In Senate Despite Previous Assurances He ‘Can Work Full Duty’
Fetterman Struggles In Senate Despite Previous Assurances He ‘Can Work Full Duty’ Jake Smith on September 25, 2023 Pennsylvania Democratic Sen. John Fetterman said on Thursday he has “lost [his] ability to…
Larger Italian banks still seen paying one-off tax despite opt-out offer
By Valentina Za MILAN (Reuters) – Italy’s larger banks are still expected to pay a one-off banking tax despite the government at the weekend offering lenders a way out in return for…
South Africa to host US-Africa trade summit despite Russia spat
JOHANNESBURG (Reuters) – South Africa will host a U.S.-Africa trade summit in November despite an earlier call by U.S. lawmakers for the event to be moved over what they said was the…
Asking prices for UK homes pick up slightly despite summer slowdown: Rightmove
LONDON (Reuters) – Asking prices for homes in Britain rose marginally this month following a sharp drop in August, but buyer affordability is expected to improve in the coming months as elevated…
China’s Jan-Aug fiscal revenue growth slows despite policy support
BEIJING (Reuters) – China’s fiscal revenue rose 10% in the Jan-Aug period of 2023, slower than 11.5% growth in Jan-July, official data showed, even as the economy showed signs of stabilisation in…
US allows much of Egypt military aid despite human rights concerns
By Humeyra Pamuk WASHINGTON (Reuters) – The Biden administration has allowed much of U.S. foreign military aid to Egypt to go ahead, saying the country was vital for U.S. national security interests…
China to avoid ‘Lehman moment’ despite property woes, Goldman says
By Saeed Azhar NEW YORK (Reuters) – The Chinese government’s support of banks hit by property woes will enable it to avert a financial crisis like the one in 2008 that was…
Some big US bond investors say Fed hikes have peaked despite sticky inflation
By Davide Barbuscia NEW YORK (Reuters) – Some large U.S. bond investors said on Wednesday they believe the Federal Reserve has reached a peak in its interest rate hiking campaign, despite inflation…
SpaceX’s Starlink falls short of growth expectations despite revenue surge – WSJ
(Reuters) – SpaceX’s satellite internet venture Starlink posted a more than six-fold surge in revenue last year to $1.4 billion, but fell short of targets set by CEO Elon Musk, the Wall…
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