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…
Marketmind: Hopeful market awaits Powell testimony
A look at the day ahead in European and global markets from Ankur Banerjee Investors have found their appetite for risky assets at the start of a crucial week, shrugging off the…
Sri Lanka to relax currency band as it moves towards market driven exchange rate
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka will relax its currency band from next week, its central bank said on Friday, as part of efforts to move towards a market-determined exchange…
Rates market overshoot – or no man’s land? :Mike Dolan
By Mike Dolan LONDON (Reuters) -If skittish markets are just testing the extremes of possible central bank outcomes, policymakers who have bemoaned investor complacency for months may soon have to talk them…
Marketmind: Fed’s ‘slow and steady’ lifts market mood
A look at the day ahead in European and global markets from Ankur Banerjee All it took was a bit of a hint that the Federal Reserve may stick to its moderate…
American Buyers ‘Retreat’ As High Mortgage Rates Strangle Housing Market
American Buyers ‘Retreat’ As High Mortgage Rates Strangle Housing Market John Hugh DeMastri on March 1, 2023 Surging mortgage rates pushed home buyers out of the market and sent volume for new…
Ten EU members call for single market overhaul to boost competitiveness
By Jan Strupczewski BRUSSELS (Reuters) – Ten European Union countries called on Wednesday for an overhaul of the EU’s single market to make the bloc more competitive against the United States and…
NY Fed paper says government should clarify, formalize bond market interventions
By Michael S. Derby (Reuters) – Authorities need to move beyond ad-hoc responses to episodes of government bond market tumult and clarify how a central bank or other parts of government will…
Wall Street Investors Are Snatching Up Single-Family Homes And Taking Over The Rental Market
Wall Street Investors Are Snatching Up Single-Family Homes And Taking Over The Rental Market John Hugh DeMastri on February 26, 2023 Institutional investors, such as banks and large real estate firms, are…
Canada’s Scotiabank profit falls on capital market slump, provisions
(Reuters) – Bank of Nova Scotia (Scotiabank) reported a lower first-quarter profit on Tuesday, as a lull in its investment banking division dented income from its capital markets unit and compelled the…
Brazil is closely monitoring credit market to ensure liquidity -Treasury
BRASILIA (Reuters) – The Brazilian government is closely monitoring the credit market to ensure liquidity and considering measures for specific sectors, Treasury Secretary Rogerio Ceron said on Monday. His comments come amid…
Market Mind: Reality bites
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. A wave of selling is likely to crash over Asian markets on Monday following a…
Beyond Meat forecasts 2023 revenue above market expectations
(Reuters) – Beyond Meat Inc on Thursday forecast full-year revenue above market estimates, on the back of demand for its plant-based meat products such as patties, sausages and meatballs at grocers and…
Short-dated options trade behind Thursday’s U.S. stock market choppiness -Nomura’s McElligott
By Saqib Iqbal Ahmed NEW YORK (Reuters) – An intraday dip in the S&P 500 Index on Thursday was spurred by large trades in short-dated derivatives that piled selling pressure on the…
China’s consumer market shows ‘strong’ recovery in January – commerce ministry
BEIJING (Reuters) – China’s consumer market recovery was “strong” in January, the commerce ministry said on Thursday, in one of its first optimistic assessments of consumption, which until this year had been…
Bank of Israel chief convened stability panel amid market turmoil -media
JERUSALEM (Reuters) – Bank of Israel Governor Amir Yaron held an emergency meeting of the country’s Financial Stability Committee late on Wednesday to discuss developments in the financial markets including a sharp…
Fish market employee charged with murder after stabbing death of violent customer
NEW YORK, NY – A fish market worker in the Bronx has been arrested and charged with murder after he stabbed two brothers, killing one during a brawl inside the Harlem business.…
One dead after Harlem fish market employee stabbed two aggressive and disorderly customers
NEW YORK, NY – A Harlem fishmarket worker confronted by two unruly men inside the fis market next tot 94 Saint Nicholas Place in Harlem took action before becoming the next victim…
BOJ’s Kuroda: Wage growth to accelerate on tight job market
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Tuesday wage growth will likely accelerate as companies increase pay to compensate households for the higher cost of living, and cope…
G20 watchdog says commodity market concentration poses threat to wider economy
By Huw Jones LONDON (Reuters) – The pandemic and war in Ukraine highlighted weaknesses in commodity markets where a ‘significant’ concentration of firms, banks, exchanges and clearing houses threatens to transmit losses…
‘Not Safe’: National Park Service Finally Clears ‘Open Air Drug Market’ Homeless Encampment Near The White House
‘Not Safe’: National Park Service Finally Clears ‘Open Air Drug Market’ Homeless Encampment Near The White House Jennie Taer on February 15, 2023 The National Park Service finally cleared a dangerous homeless…
Hedge fund D. E. Shaw raises $1.1 billion for two private market funds
(Reuters) – Hedge fund D. E. Shaw Group said on Tuesday it had raised a total of $1.1 billion for two of its new funds focused on investing in private markets. Its…
Soaring egg prices lead to black market trade, smuggling
Laurel Duggan on February 10, 2023 TRENTON, NJ – With egg prices soaring from around $2.99 per dozen in the New York and New Jersey area just a year ago to over…
DEROY MURDOCK: China’s Dominance In One Market Could Literally Be The Death Of Us. Here’s How
DEROY MURDOCK: China’s Dominance In One Market Could Literally Be The Death Of Us. Here’s How Deroy Murdock on February 11, 2023 Imagine what would Joe Biden or a future president of…
Finnish insurer Sampo misses profit forecast in volatile market
(Reuters) – Finnish insurer Sampo on Friday reported a bigger-than-expected drop in fourth-quarter earnings citing challenging capital markets environment, sending its shares falling more than 5%. The group’s profit before tax fell…
Cheers! Spirits like gin, vodka, overtake beer’s U.S. market share
By Jessica DiNapoli NEW YORK (Reuters) – Vodka shot, anyone? Spirits like whiskey, cognac and tequila, a celebrity favorite, have surpassed beer’s U.S. market share for the first time due to price…
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