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…
Prudential Financial profit falls 26% as market rout drags AUM
(Reuters) – Prudential Financial Inc reported a roughly 26% fall in fourth-quarter adjusted profit on Tuesday as a global market rout pressured the insurer’s assets under management (AUM). The previous year was…
Global hedge funds gain in January, but not as much as stock market, HFR says
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds posted a solid 2.8% gain in January, but they missed out on the stellar rally that broader stock market indexes posted to…
Arm CEO says firm fully committed to a market listing this year
By Stephen Nellis SAN FRANCISCO (Reuters) – The chief executive of Softbank-owned British chip technology firm Arm told Reuters on Tuesday that the company is committed to a stock market float this…
Uber to steal a march on Lyft in resurgent rideshare market
(Reuters) – Uber Technologies Inc’s revenue growth is set to outpace that of rival Lyft Inc as the rideshare firm’s presence in major markets around the world gives it the heft to…
Emerging market funds see big inflows in January on China reopening
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Emerging market bond and equity funds received heavy inflows in January after a dry patch last year, aided by China’s reopening and softening inflation…
Marketmind- Market to ChatGPT: what’s Powell gotta say?
A look at the day ahead in European and global markets from Ankur Banerjee Investors are just about coming to terms with the eye-popping payrolls number from Friday, but with Fed Chair…
Goldman Sachs cuts U.S. recession odds to 25% on strong labor market
NEW YORK (Reuters) – Goldman Sachs said on Monday it now sees a 25% probability of the United States entering a recession in the next 12 months, down from a previous 35%…
Alleged Perpetrator Of $100 Million Crypto Market Manipulation Scheme To Make Initial Appearance In The Southern District Of New York
Damian Williams, the United States Attorney for the Southern District of New York, Kenneth A. Polite, Jr., the Assistant Attorney General of the Justice Department’s Criminal Division, and Michael J. Driscoll, the…
Police seek suspects who took bags of cash, goods from Philadelphia market
PHILADEPHIA, PA – Two burglars who broke into a market on Woodland Avenue in January fled with trash bags full of cash and goods, police say. The robbery happened in January, but…
Jobs Market Runs Red Hot In January, But Economists Fear Downturn Is Coming
Jobs Market Runs Red Hot In January, But Economists Fear Downturn Is Coming John Hugh DeMastri on February 3, 2023 The U.S. added 517,000 jobs in January, more than two and a…
ECB terminal rate could be above current market pricing: Wunsch
FRANKFURT (Reuters) – The European Central Bank will continue to raise rates beyond March and hikes could even exceed market expectations unless stubborn underlying inflation turns around, Belgian policymaker Pierre Wunsch said…
Big Tech earnings show digital ads market not out of the woods
By Sheila Dang (Reuters) – After a challenging 2022 in which advertising-dependent companies faced shrinking budgets and cratering stock prices, fourth-quarter results this week from Alphabet, Meta Platforms and Snap showed they…
NY Fed names Piper Sandler’s Roberto Perli as System Open Market Account manager
By Michael S. Derby (Reuters) – The Federal Reserve Bank of New York said Thursday that Roberto Perli will next month become the manager of its massive portfolio of securities and cash…
BBVA posts record 2022 profit on Mexico, sees positive trends in main market
By Jesús Aguado MADRID (Reuters) – BBVA on Wednesday posted a 38% jump in net profit to a record 6.42 billion euros ($6.98 billion) for 2022 powered by a double-digit increase in…
Analysis-Italy promotes short-term job market, shunning Spain’s example
By Antonella Cinelli and Valentina Consiglio ROME (Reuters) – Marta Pizza, a 26-year-old swimming instructor, has worked at a Rome sports centre for the last two years earning 8.50 euros per hour…
Police investigating shooting at Orchard Market in Severn
SEVERN, MD – Police investigating a shots-fired 911 call in Severn found six spent shell casings, but no evidence of victims or the shooter. Police responded to the area of Pioneer Drive…
India market regulator increases scrutiny of Adani group – sources
By Jayshree P Upadhyay (Reuters) – India’s market regulator has increased scrutiny of deals by the Adani Group over the past year and will study a report issued by short-seller Hindenburg Research…
Steelmaker SSAB flags improving shipments in more stable market
By Niklas Pollard STOCKHOLM (Reuters) -Swedish steelmaker SSAB expects to increase shipments in a more stable market in the first quarter, it said on Friday as it reported earnings in line with…
Nasdaq misses Q4 views as market tumult hits indexing revenues
(Reuters) – Transatlantic-exchange operator Nasdaq Inc reported fourth-quarter profits on Wednesday slightly below Wall Street estimates, as global economic uncertainty weighed on global asset values, dragging down indexing and initial public offering…
China Is Dominating The Electric Vehicle Market. Here’s Why
China Is Dominating The Electric Vehicle Market. Here’s Why John Hugh DeMastri on January 24, 2023 Chinese manufacturers continue to dominate the global market for electric vehicles (EVs) and batteries, thanks to…
Philippine stock market opens after delay due to technical issue
MANILA (Reuters) – The Philippine stock market’s opening was delayed by half an hour on Wednesday because of a technical issue, the bourse operator said. Trading on the exchange was supposed to…
DOJ poised to sue Google over digital ad market dominance – Bloomberg News
(Reuters) -The U.S. Justice Department is poised to sue Alphabet Inc’s Google as soon as Tuesday regarding its dominance over the digital advertising market, Bloomberg News reported on Monday, citing people familiar…
EU gas price cap risks curbing market liquidity, regulators warn
By Kate Abnett BRUSSELS/AMSTERDAM (Reuters) -The European Union’s gas price cap, which launches next month, could impact financial stability and potentially curb liquidity in Europe’s exchange-traded gas markets, the bloc’s financial and…
Analysis-ECB seen struggling to keep market on side after mixed messages
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank’s policy signals don’t seem to convince investors any more, analysts say, whether it is trying to raise their expectations…
EuroGroup Laminations aims to rekindle Milan IPO market
By Elisa Anzolin and Federico Maccioni MILAN (Reuters) -Italy’s EuroGroup Laminations, a maker of electric motor components, said on Thursday it planned to launch a new share offering in Milan as early…
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