Lavish $2M Mediterranean estate hits the market in Toms River comes complete with urban legend tied to Derek Jeter
Toms River, NJ – A sprawling Mediterranean-inspired mansion, long rumored to have ties to New York Yankees legend Derek Jeter, is on the market in Toms River with a $1.99 million price…
Labor Market Flashes ‘Reliable’ Recession Warning
Labor Market Flashes ‘Reliable’ Recession Warning John Hugh DeMastri on June 19, 2023 U.S. employees are working fewer hours, which is a reliable predictor of mass layoffs, as companies brace for an…
Chinese Defense Firms Seek To Flood Arms Market While US Is ‘Preoccupied’ With Ukraine: REPORT
Chinese Defense Firms Seek To Flood Arms Market While US Is ‘Preoccupied’ With Ukraine: REPORT Micaela Burrow on June 19, 2023 Beijing sees an opportunity to flood the market with Chinese-made military…
Europe’s brief window of market outperformance swings shut
By Samuel Indyk, Lucy Raitano and Alun John LONDON (Reuters) – European equities and the euro look set to lose out to U.S. markets in the months ahead, as a stellar run…
Turkey to tackle inflation, follow free market rules – VP
By Nevzat Devranoglu ANKARA (Reuters) -Turkey will take steps to lower inflation and will follow free market rules as it acts to raise competitiveness and productivity, Vice President Cevdet Yilmaz said on…
Analysis – Investors on guard for market stress as Fed signals more hikes ahead
By Davide Barbuscia and David Randall NEW YORK (Reuters) – A hawkish message from the Federal Reserve amid a robust stock market rally is presenting investors with a conundrum: how to maintain…
Japan govt says volatile forex market ‘undesirable’
TOKYO (Reuters) – Japan’s top government spokesperson said on Thursday that volatile moves in the currency markets were undesirable and that authorities were closely watching the market and ready to take “appropriate”…
BoE’s Bailey says data show labour market ‘very tight’
LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Tuesday that official data published earlier in the day showed the labour market was “very tight”, and added that inflation had been…
Morgan Stanley, JPMorgan turn bullish on emerging market local bonds
LONDON (Reuters) – Morgan Stanley has become the latest Wall Street bank to turn bullish on local emerging market bonds, though its strategists said they remained wary of developing economies’ currencies in…
Healed from the pandemic, U.S. job market may face fresh wounds from the Fed
By Howard Schneider WASHINGTON (Reuters) – U.S. Federal Reserve officials, who hoped to return the job market to its 2019, best-in-a-generation status after the pandemic, may be on the verge of success…
brick Township’s farmer’s Market is back
BRICK TOWNSHIP, NJ – Brick residents and visitors are in for a treat as the highly anticipated Brick Farmers Market returns for another season of delectable offerings. Taking place every Saturday from…
Nvidia runaway winner in market cap addition in May
(Reuters) – Nvidia Corp’s market capitalisation jumped the most in May among the top 20 global companies by market value, adding $248 billion, with a majority of the gains coming in the…
Dr Martens tripped up by tough U.S. market
By Eva Mathews and Helen Reid (Reuters) -Dr Martens shares dropped more than 10% on Thursday after the British bootmaker warned investments would hit profit margins this financial year and the consumer…
Fed’s Bowman says housing market rebound could impact inflation fight
WASHINGTON (Reuters) – An apparent rebound in the residential housing market could impact the Federal Reserve’s inflation fight, with home prices “leveling out” even as the U.S. central bank awaits the impact…
Factbox-How megacap stocks fared after hitting $1 trillion in market cap
NEW YORK (Reuters) – A mammoth run in shares of Nvidia Corp has vaulted the chipmaker into a rarified club: U.S. companies that have reached $1 trillion in market value. Nvidia’s market…
Daimler CEO: Toyota truck deal will make us less dependent on Chinese market
HAMBURG (Reuters) – A deal between Daimler Truck and Toyota Motor Corp to combine their truck units in Japan will give the German group a more “balanced” market position in Asia and…
Sanctions, pressure on foreign banks destabilising Russia’s FX market -central bank
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – Pressure on foreign banks operating in Russia and the widening scope of sanctions is aggravating foreign currency settlements in Russia and creating periodic…
US money market funds see big inflows amid debt ceiling caution
(Reuters) – U.S. money market funds saw big inflows in the week to May 24 as investors favored safer bets ahead of a deadline for politicians to agree an increase in the…
Target Loses $9 Billion In Market Value In A Week Following Boycott Over LGBT Merchandise
Target Loses $9 Billion In Market Value In A Week Following Boycott Over LGBT Merchandise Laurel Duggan on May 25, 2023 Target’s market value plunged $9 billion in one week after anger…
Moody’s: Emerging market credit to be tight amid U.S.-led risks
LONDON (Reuters) – Emerging economies will continue to suffer from the spillover of economic problems in the U.S., which are restricting their market access and pushing up financing costs, a Moody’s report…
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…
US money market fund assets hit record highs despite debt-ceiling fears
By John McCrank NEW YORK (Reuters) – U.S. money market fund assets hit a new record of $5.8 trillion this week as yield-hungry investors continued to turn to the short-term debt securities…
Analysis-US debt ceiling crunch threatens to roil complacent stock market
By Lewis Krauskopf NEW YORK (Reuters) – Strategists at some of Wall Street’s biggest banks are sounding increasingly worried about potential market fallout from the standoff over raising the U.S. debt ceiling,…
BOJ’s Ueda warns of market turmoil if US defaults on its debt
TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda said on Friday a U.S. debt default could trigger market turmoil, and will likely have a huge impact on the global economy. “There’s…
U.S. Midwest grid operator flags urgent need for market reforms
(Reuters) – The electric grid operator for the U.S. Midwest on Thursday drew attention to the pressing need to reform power markets in the face of a shifting generation fleet and worsening…
Marketmind: World market, political eyes turn to Japan
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Japan takes center stage on Friday, with the April consumer price inflation report grabbing the…
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