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…
Chinese airline owner Juneyao Group plans to enter booming EV market -sources
SHANGHAI (Reuters) – Juneyao Group, the parent of Chinese carrier Juneyao Airlines, plans to start making electric vehicles (EV), two people with knowledge of the matter said, as it seeks to diversify…
Rouble steadies near 60 vs dollar, Yandex shares outperform market
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) – The Russian rouble firmed slightly on Tuesday after initially easing beyond 60…
Qualcomm planning return to server market with new chip – Bloomberg News
(Reuters) – Qualcomm Inc is considering a return to the server market with a new chip in a bid to decrease its reliance on smartphones, Bloomberg News reported on Thursday, citing people…
Japan’s Asahi considering full-scale push into North America beer market -CEO
By Ritsuko Shimizu and Rocky Swift TOKYO (Reuters) – Japan beverage giant Asahi Group Holdings Ltd is considering full-scale entry into the North American market, its chief executive said on Thursday. Japan’s…
A Major Warning Sign Just Flashed For The Housing Market
A Major Warning Sign Just Flashed For The Housing Market John Hugh DeMastri on August 17, 2022 Privately-owned housing starts, which represents the start of construction on new privately-owned houses, fell 9.6%…
Fed’s Bowman sees strong U.S. labor market bringing more women back to work
(Reuters) – A strong U.S. labor market, the recovery of the service sector, and more fully open schools and childcare centers will likely bring more women back to the workforce, Federal Reserve…
Analysis-Oil prices turn more volatile as investors exit the market
By Stephanie Kelly and Noah Browning NEW YORK/LONDON (Reuters) – Traders and fund managers have left crude oil markets in recent months, dropping activity to a seven-year low amid the worst global…
Anti-ESG Fund Rakes In Millions After Two Days On The Market
Anti-ESG Fund Rakes In Millions After Two Days On The Market Jack McEvoy on August 12, 2022 Strive Asset Management’s anti-activist, energy exchange-traded fund (ETF) raked in over $60 million in funds…
Stock market bulls eye technical signal for further gains
By Saqib Iqbal Ahmed NEW YORK – Some stock market bulls are watching a technical indicator for clues on whether a summer rebound in U.S. equities will roll on. The S&P 500…
Bank of Canada’s ‘soft landing’ scenario hits the rocks in bond market
By Fergal Smith TORONTO – Canada’s inverted yield curve is signaling the Bank of Canada may raise interest rates to a level that triggers a recession, placing the central bank in a…
Copper speculators anticipate downturn for market and the world
By Eric Onstad LONDON – Speculators in the copper market, viewed as an indicator of the health of the economy, are betting a global downturn means the metal used in power and…
Bank of England says weakening regulators would undermine market reforms
LONDON -Weakening the independence of regulators would undermine reforms to bolster Britain’s finance industry, the head of the Bank of England said on Thursday, in a rebuff to proposals from the leading…
Global physical oil market weakens as recession jitters mount
By Arathy Somasekhar, Noah Browning and Alex Lawler HOUSTON/LONDON – Physical oil prices around the world have begun to sag alongside futures, reflecting less alarm over Russian-led supply disruptions along with heightened…
Moscow Exchange to open bond market for non-residents from “friendly” countries
MOSCOW – Moscow Exchange will allow non-residents from designated “friendly” countries that have not imposed sanctions against Russia to trade bonds from Aug. 15, Russia’s largest bourse said on Wednesday. Moscow Exchange…
China’s Luckin plans store expansion, remains committed to U.S. market
By Julie Zhu and Sophie Yu HONG KONG/BEIJING – Two years after it was forced to withdraw from the Nasdaq for an accounting fraud, China’s Luckin Coffee believes it has emerged from…
Hedge funds post July gain on stock market rally, still down for year
NEW YORK – Hedge funds posted a 1.65% gain in July, driven by a stock market rally which helped reduce their losses for the year to date, data provider HFR said on…
Weymouth Man Pleads Guilty to Market Manipulation Conspiracy
BOSTON – A Weymouth man pleaded guilty today in federal court in Boston to his role in a sophisticated, multi-year market manipulation conspiracy involving securities traded on securities exchanges within the United…
Man Accused of Stealing Beer Made Threatening Reference to Tops Market Mass Shooting
BUFFALO, NY – A man accused of shoplifting beer at a convenience store in Buffalo is now facing charges of making terroristic threats after he made a threatening reference to the Tops…
Japan’s GPIF posts $28 billion Q1 investment loss on market turbulence
TOKYO -Japan’s Government Pension Investment Fund (GPIF) reported on Friday an investment loss of 3.75 trillion yen ($28.13 billion) for April-June, the second consecutive quarter of negative returns, as economic slowdown fears…
Emerging market portfolios post longest streak of monthly outflows on record – IIF
NEW YORK – Emerging markets posted a fifth straight month of portfolio outflows in July, setting the longest such streak in records going back to 2005, as global recession risk, inflation and…
‘Market Crash’: Robinhood Announces More Layoffs As Crypto Trading Tanks
‘Market Crash’: Robinhood Announces More Layoffs As Crypto Trading Tanks John Hugh DeMastri on August 2, 2022 Robinhood, a major player in the retail investing market, will be laying off 23% of…
As US eyes new China chip curbs, turmoil looms for global market
By Joyce Lee SEOUL – Export restrictions being considered by Washington to halt China’s advances in semiconductor manufacturing could come at a substantial cost, experts say, potentially disrupting fragile global chip supply…
‘Whiplash’: Economists Warn The Labor Market Is The Next Victim Of Inflation
‘Whiplash’: Economists Warn The Labor Market Is The Next Victim Of Inflation John Hugh DeMastri on August 2, 2022 The labor market is beginning to cool, as the number of job openings…
New Zealand job market tight, adding pressure for central bank
By Lucy Craymer WELLINGTON – New Zealand’s jobless rate held just above historic lows while wage inflation hit a 14-year high, raising the prospect that the central bank might have to increase…
Rouble steadies near 60 vs dollar, X5 shares outperform wider market
MOSCOW – The Russian rouble stabilised near the 60 mark against the dollar on Tuesday, losing momentum after a short-lived rally, while stock indexes declined on lower oil prices and uncertainty related…
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