Unrealized Capital Gains Tax on Homes Could Decimate the New Jersey Housing Market
TRENTON, NJ (OP-ED) – A recent debate on CNBC over the proposed unrealized capital gains tax took on an even sharper edge when considering its potential impact on states like New Jersey,…
South Korea consumer sentiment extends gains, inflation expectations flat
SEOUL (Reuters) – Consumer sentiment in South Korea ticked further up in June to the highest in just over a year, while inflation expectations remained unchanged, a central bank survey showed on…
Bitcoin eyes third straight day of gains after touching two-month high
(Reuters) – Bitcoin rallied for a third straight day after hitting its highest level since mid-April, boosted by BlackRock’s plan to create a bitcoin exchange-traded fund (ETF) even as the sector faces…
Ukraine reports gains, says Russians ‘doing everything’ to hold positions
KYIV (Reuters) – Ukraine reported more gains in the early stages of its counteroffensive on Tuesday, but said Russian forces were “doing everything” they can to defend the territory they have occupied.…
Carnival leads gains in cruise stocks as analysts eye strong travel demand
By Chibuike Oguh NEW YORK (Reuters) – Shares of Carnival Corp and Norwegian Cruise Line Holdings Ltd jumped on Monday, and were among the top S&P 500 performers, as analysts anticipate continuing…
Ukraine’s army reports new gains against Russian forces near Bakhmut
KYIV (Reuters) – Counterattacking Ukrainian forces have advanced up to 1,400 metres at a number of sections of the front line near the eastern city of Bakhmut in the past day, a…
Toronto stock market seen up but slowdown in China could crimp gains: Reuters poll
By Fergal Smith TORONTO (Reuters) – Canada’s main stock index will rally less than previously expected in 2023 as higher borrowing costs cool the domestic economy and signs China’s recovery is slowing…
Dem Gov Declares ‘State Of Emergency’ For Public Education Following GOP Legislative Gains
Dem Gov Declares ‘State Of Emergency’ For Public Education Following GOP Legislative Gains Reagan Reese on May 22, 2023 Democratic North Carolina Gov. Roy Cooper declared the state’s public education system to…
Gains in diversity among Hollywood writers at stake in strike
By Danielle Broadway LOS ANGELES (Reuters) – As the Writers Guild of America strikes to bring about better pay and work security in a streaming TV world, a generation of diverse writers…
Instant View: Canada gains 41,400 jobs in April, jobless rate holds at 5.0%
TORONTO (Reuters) – Canada’s economy gained a net 41,400 jobs in April, entirely in part-time work and ahead of analyst forecasts, Statistics Canada data showed on Friday. The jobless rate held at…
Insurer AIG exceeds profit estimates on strong underwriting gains
(Reuters) – American International Group Inc beat market estimates for first-quarter profit on Thursday, as record underwriting gains cushioned the blow from lower alternative investment returns. AIG, one of the world’s biggest…
China new home prices up slightly in April, less cities post gains – survey
BEIJING (Reuters) – Prices of new homes in 100 Chinese cities rose a touch in April in an extension of modest gains seen in March, a private survey showed on Monday, as…
DTE Energy beats profit estimates on lower costs, non-utility gains
(Reuters) – U.S. electric and gas utility firm DTE Energy Co beat estimates for first-quarter profit on Thursday, as lower costs and upbeat performance of a unit that develops energy projects partially…
Zions Bancorporation profit misses as provisions overshadow NIM gains
(Reuters) – Zions Bancorporation missed estimates for quarterly profit on Wednesday as higher provisions to cover loan losses offset the impact of rising rates on its interest income. Shares of Utah-based Zions…
INSTANT VIEW: Canada gains 34,700 jobs in March, jobless rate holds at 5.0%
TORONTO (Reuters) – Canada’s economy gained a net 34,700 jobs in March, both in full-time and part-time work and ahead of analyst forecasts, Statistics Canada data showed on Thursday. The jobless rate…
Roller coaster March puts macro hedge funds in red, others post small gains
By Carolina Mandl and Svea Herbst-Bayliss NEW YORK (Reuters) -Big market swings in March sparked by a banking crisis hurt some hedge fund returns with global macro firm Rokos Capital Management reporting…
Julius Baer CEO eyes gains from Credit Suisse’s fall -media
ZURICH (Reuters) – Julius Baer is having “constructive discussions” with Credit Suisse staff who are looking to leave following their bank’s takeover by UBS, the Swiss private bank’s Chief Executive said in…
Chevron’s output gains in Venezuela limited by political risk, CEO says
By Sabrina Valle HOUSTON (Reuters) – Chevron Corp is producing about 90,000 barrels per day from its Venezuelan oil joint ventures, nearly double the daily output in 2022, Chief Executive Officer Michael…
Fed’s Cook: January job gains increase hopes for soft landing
By Howard Schneider WASHINGTON (Reuters) – The strong January job gains of half a million new positions coupled with moderating wage growth has increased hopes for a “soft landing” as the Fed…
Mexico peso to pare recent gains but be kept firm by tight policy: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Mexico’s peso is set to pare its advance of recent months but will keep trading at firm levels, helped by the central bank’s aggressive policy…
More Chinese cities post gains in new home prices – private survey
BEIJING (Reuters) – New home prices in more major Chinese cities extended gains in January, a private survey showed on Wednesday, offering tentative signs of improving market confidence, as a flurry of…
Turkey’s tourism gains in war-hit 2022 but trade deficit widens
By Canan Sevgili and Can Sezer ISTANBUL (Reuters) – Turkey’s tourism revenue hit a record $46.3 billion in 2022 even as its trade deficit swelled to more than $109 billion, as a…
US, Ukraine Clash Over War Strategy As Russia Makes Gains In The East
US, Ukraine Clash Over War Strategy As Russia Makes Gains In The East Micaela Burrow on January 29, 2023 The U.S. is hoping Ukraine will shift its focus away from Bakhmut and…
OECD sees revenue gains from new tax pact reaching $250 billion
PARIS (Reuters) – New cross-border corporate tax rules could yield about a quarter of a trillion dollars in extra revenue for governments, more than previously expected, the Organisation for Economic Cooperation and…
U.S. household spending gains moderated in December, NY Fed says
By Michael S. Derby NEW YORK (Reuters) – American households are cutting back on spending, but are doing so from very high levels, a New York Federal Reserve report showed on Tuesday.…
Russian rouble gains 3% on first working day of 2023
By Jake Cordell (Reuters) – The Russian rouble started the first full trading day of the new year on the front foot, advancing by more than 3% against the U.S. dollar to…
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