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…
France aims to curb jobless benefits with link to job market strength
By Caroline Pailliez PARIS (Reuters) – The French government plans to rein in unemployment benefits when the jobless rate is less than 9% under a plan presented on Monday that aims to…
More small emerging market defaults ‘probable’ in 2023 – Fitch
JOHANNESBURG (Reuters) -More sovereign defaults are “probable” next year among small emerging market countries, ratings agency Fitch said in its 2023 outlook on Monday, citing a likelihood of sudden jumps in borrowing…
Global equity bear market not over yet – Goldman Sachs
(Reuters) – Goldman Sachs on Monday warned that the global equity bear market is not over as the markets are yet to see a trough in the momentum of global growth deterioration,…
Cellnex says inflation has shut down European phone masts market – FT
MADRID (Reuters) – The European mobile towers market is “pretty much closed” as rising inflation makes it harder for companies to finance new deals and the availability of assets declines, the chief…
U.S. job market little affected by pandemic, say researchers
By Michael S. Derby BOSTON (Reuters) – For all the tumult and disruptions of the coronavirus pandemic, U.S. labor markets have come out on the other side not far from the strong…
Senate Democrats Try To Sic Biden’s Market Regulator On Elon Musk
Senate Democrats Try To Sic Biden’s Market Regulator On Elon Musk Harold Hutchison on November 17, 2022 Multiple Democratic senators wrote to the Federal Trade Commission (FTC) Thursday demanding an investigation into…
Police seeking masked suspect who assaulted and robbed two outside Philadelphia market
PHILADELPHIA, PA – Philadelphia Police Department detectives are searching for a man who planned an attack on two customers inside the Morris Market on Morris Street in Philadelphia last week. Video surveillance…
EU readies next steps to boost its capital market
By Huw Jones LONDON (Reuters) – The European Union will propose rules next month to make it easier for companies to list, give creditors more predictability on company bankruptcies, and to attract…
BoE’s Bailey: ‘very tight’ labour market key to rates outlook
LONDON (Reuters) – Bank of England Governor Andrew Bailey said on Wednesday that Britain’s very tight labour market was a key reason why further interest rate increases were likely. “It is still…
Treasury market shows resilience in face of aggressive Fed rate hikes
By Michael S. Derby NEW YORK (Reuters) – Fears that aggressive Federal Reserve interest rate rises would break the Treasury bond market have failed to come to fruition so far, even as…
Canada corporate bond market issuance perking up again
By Divya Rajagopal TORONTO (Reuters) – Canadian corporate bond issuance has begun to rebound after a lull of 10 months, with companies plotting expansion plans and central banks apparently close to the…
UBS joins the emerging market bull run band
LONDON (Reuters) – Swiss bank UBS has joined a growing band of investment houses forecasting that emerging markets will see a bumper bounce next year after their torrid 2022. UBS’ analysts published…
Tech investor Draper sours on China, says it has left the free market
TAIPEI (Reuters) – China is no longer a place to invest and has left “the free market” under President Xi Jinping, said U.S. venture capitalist Tim Draper, an early investor in Elon…
Analysis-FTX meltdown sparks investor rethink of battered crypto market
By Gertrude Chavez-Dreyfuss and Elizabeth Howcroft NEW YORK/LONDON (Reuters) – A week of turmoil culminating in major crypto exchange FTX filing for bankruptcy has left investors questioning the viability of a sector…
ECB’s de Guindos says market might be underestimating inflation
FRANKFURT (Reuters) – Financial investors might be underestimating the “persistence of inflation”, the European Central Bank’s vice-president Luis de Guindos said on Friday as he listed possible risks to financial stability. He…
Czech central bank not in FX market since last meeting, Dedek says
PRAGUE (Reuters) – The Czech National Bank has not been present in currency markets to defend the crown since its last policy meeting on Nov. 3, but stands ready to prevent excessive…
Analysis-European companies’ robust Q3 makes timing the end of the bear market even harder
By Lucy Raitano LONDON (Reuters) – European companies have delivered positive surprises this earnings season but profit growth could dry up in a matter of months as high inflation and recession rattle…
Australian banks ease mortgage norms as property market cools
By Lewis Jackson and Byron Kaye SYDNEY (Reuters) -Two of Australia’s top banks have quietly relaxed some home lending standards, banking and mortgage-broking sources said, despite authorities urging prudence in recent months…
71-year-old woman beaten outside Chinatown fish market
NEW YORK – The New York City Police Department is investigating after a 71-year-old woman was beaten by a man outside a Chinatown fish market last week. Today, detectives released photos of…
Top Republican senator says Fed should not buy bonds to remedy market stress
By Michael S. Derby (Reuters) – A top Republican senator wrote to the Federal Reserve on Thursday and cautioned the institution not to take a page from the Bank of England playbook…
Share Of First-Time Buyers Plummets As Young Americans Are Pushed Out Of The Housing Market
Share Of First-Time Buyers Plummets As Young Americans Are Pushed Out Of The Housing Market John Hugh DeMastri on November 3, 2022 First-time homebuyers are now much older and comprised the lowest…
Tesla’s California EV market share slips as rivals step up
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla’s dominant market share of the electric vehicle market in California slipped again this year, according to Reuters’ calculations based on government data from January…
Roku dives as tough ad market drives downbeat forecasts
(Reuters) -Roku Inc shares dropped 14% to a more than three-year low on Thursday following downbeat forecasts a day earlier, as the streaming tech provider suffers from a collapse in advertising dollars.…
White House says Fed rate hike will help lower inflation, tame housing market
(Reuters) – The U.S. Federal Reserve’s latest move to raise its benchmark interest rate will help to bring down inflation, and a rise in mortgage rates should cool inflation in the housing…
Atlanta Man Pleads Guilty in Firearms Trafficking Conspiracy Involving 500+ Firearms Shipped from Georgia to California and Sold on the Black Market
SACRAMENTO, Calif. — Malek Williams, 29, of Stone Mountain, Georgia, pleaded guilty today to unlawful dealing in firearms without a license, U.S. Attorney Phillip A. Talbert announced. On March 24, 2022, Williams…
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