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…
Argentina’s economy teeters on the edge of deeper crisis as market anxiety grows- Reuters Poll
By Gabriel Burin BUENOS AIRES (Reuters) – Argentina’s economy will teeter on the edge of a deeper crisis in the run up to October’s presidential vote as growing market anxiety adds to…
Argentine peso hits record low in black market as economy creaks
By Walter Bianchi BUENOS AIRES (Reuters) – Argentina’s peso currency sank in widely used parallel markets on Thursday, hitting a record low against the U.S. dollar as concerns grew about the Latin…
Brazil’s government takes measures to boost consumer and capital market credit
BRASILIA (Reuters) – Brazil’s government announced a package of 13 measures on Thursday to ease consumer access to credit and reduce associated costs in the capital and insurance markets, a move the…
Brazil’s credit package paves the way for capital market the size of the banking market -official
BRASILIA (Reuters) – Brazil’s Secretary of Economic Reforms Marcos Barbosa said on Thursday that the credit package announced by the government aims to strengthen the credit market in the long term, paving…
China Dominates EV Market As Biden Pushes To Phase Out Combustion Engine
China Dominates EV Market As Biden Pushes To Phase Out Combustion Engine John Hugh DeMastri on April 19, 2023 Chinese electric vehicle (EV) makers continue to grow faster than their European and…
Market stress may pressure Spanish banks despite strong liquidity- cenbank
By Jesús Aguado MADRID (Reuters) -Spanish lenders may feel the impact from rising global risks, such as the higher cost of funding and liquidity stress, though their cash positions remained stable in…
Analysis-ECB market rate bets: still some unfinished business for the hawks
By Stefano Rebaudo (Reuters) – European Central Bank officials are still banging the inflation drum and suggesting interest rates must keep rising, but there’s enough nervousness about banks or a possible policy…
U.S. money market funds draw inflows for fifth straight week
(Reuters) – U.S. money market funds received inflows for a fifth straight week after recent data pointed to a still-strong labor market, bolstering bets for a rate hike by the Federal Reserve…
Global money market funds see huge demand for a seventh straight week
(Reuters) – Global investors were big buyers in money market funds for a seventh straight period in the week to April 12 after a strong U.S. jobs report heightened expectations that the…
Winning $713k lottery ticket sold at Randallstown market
RANDALLSTOWN, MD – A lucky lottery player in Randallstown, Maryland is celebrating after hitting the progressive jackpot in the FAST PLAY Extreme Green game. The winning ticket, purchased at Pantry One, located…
Analysis-Heavy is the Norwegian crown in risk-averse market
By Joice Alves and Indradip Ghosh LONDON (Reuters) – The Norwegian crown is the worst-performing G10 currency so far in 2023, hurt by turmoil in the banking sector and a slowdown in…
Explainer-Why European money market funds inflows are lagging behind the U.S. torrent?
By Harry Robertson LONDON (Reuters) – Investors poured $367 billion into U.S. money market funds in March, according to data provider EPFR, as the collapse of Silicon Valley Bank caused stocks to…
Global money market funds witness inflows for sixth straight week
(Reuters) – Global money market funds continued to attract strong inflows in cautious trade in the week ended April 5 as a raft of economic data during the week signalled weakening in…
West African countries struggle to raise funds from regional debt market
By Loucoumane Coulibaly ABIDJAN (Reuters) – West African countries of the eight-nation economic and monetary union are struggling to raise funds on the regional capital market, as investors demand higher interest rates…
Asia’s cashed-up companies beat market as volatility swirls
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Shares of Asian companies with big cash balances are outperforming the broader market and analysts say the money will be a cushion against volatility…
Fed’s Waller: US inflation can drop without much harm to job market
SAN FRANCISCO (Reuters) – U.S. Federal Reserve Governor Christopher Waller on Friday said recent data is consistent with the notion that the U.S. central bank may be able to drive down inflation…
Investors rack up U.S. money market funds for a third straight week
(Reuters) – Money continued to flow into safer U.S. money market funds for a third consecutive week as investors remained unsettled about the banking sector crisis, with slowdown worries also affecting the…
Global money market funds see strong demand for fifth week in a row
(Reuters) – Global money market funds continued to attract big inflows in the week ended March 29, as investors chased safer assets amid lingering worries over the turmoil in the banking sector…
Italy’s Illycaffe aims to make a bigger splash in the U.S. market, CEO says
By Elisa Anzolin MILAN (Reuters) – Italian premium coffee maker Illycaffè, which reported a 16% increase in operating profit last year despite cost inflation, aims to expand in the United States, already…
67-year-old man robbed at gunpoint while buying food inside Bronx market
NEW YORK, NY – A 67-year-old man was robbed as he was buying food inside a market located on 180th Street in the Bronx on Friday. According to police, the man was…
Marketmind: Alibaba fires up market mood
A look at the day ahead in European and global markets from Anshuman Daga Just as investor angst over U.S. and European banking troubles eases, the potential end of China’s multi-year regulatory…
Housing market in tech hubs cooling faster than other parts of US – report
(Reuters) – Housing markets in tech hubs are cooling more rapidly than other parts of the United States amid a wave of layoffs in the technology sector and elevated mortgage rates, according…
Global money market funds’ weekly inflows hit 3-year high
(Reuters) – Global money market and government bond funds received massive inflows in the seven days to March 22 as investors scrambled for safety amid turmoil in the U.S. and European banking…
Australia market major backs plan to break ASX monopoly on post-trade functions
By Byron Kaye SYDNEY (Reuters) – A top Australian share trading technology firm backed a government proposal to break stock market operator ASX Ltd’s effective monopoly over clearing and settlement, saying its…
Central banks stick to rate hikes with eye on market turmoil
LONDON (Reuters) – Global central banks must juggle the need to control inflation through higher interest rates and to calm markets unnerved by banking sector turmoil that has revived memories of the…
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