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…
Hong Kong exchange enlists HSBC, Tencent to help create carbon market
By Selena Li HONG KONG – Hong Kong’s stock exchange said on Tuesday it had enlisted banks including HSBC and companies such as China’s Tencent to help it develop a global carbon…
Consuelo Mack WealthTrack Prepares Individuals for an Era of Heightened Market Volatility, Inflation, and Higher Interest Rates in New Season
Season 19 premieres nationwide on public television beginning July 1 with economist and strategist David Rosenberg who warns of an “imminent recession.” Watch full episodes, exclusive interviews and more at wealthtrack.com NEW…
China takes fresh steps to open bond market to foreigners
SHANGHAI -China took fresh steps on Friday to facilitate foreign investment in its $20 trillion bond market, saying it would cut service fees, improve overseas access to foreign exchange hedging, and streamline…
Market indicator in “extremely bearish” territory for 3rd straight week – BoFA
LONDON – A market indicator measuring how investors are positioned held at “extremely bearish” levels for a third consecutive week as investors yanked more cash out of equities and bonds, BoFA Securities…
U.S.-dollar Libor transition enters critical phase for leveraged loan market
By John McCrank NEW YORK – The one-year countdown began on Thursday to the end of the publication of the tarnished London Interbank Offer Rate, or Libor, for existing U.S. dollar-denominated contracts,…
U.S. employers see signs of cooling job market
By Timothy Aeppel and Lisa Baertlein (Reuters) – People have been walking into Paul Centenari’s cardboard box factory outside Baltimore asking for jobs, something he has not seen in over a year.…
Column-Fed’s inflation target ambiguity risks market misstep: McGeever
By Jamie McGeever ORLANDO, Fla. – It may just boil down to semantics, and in good times when inflation is low it’s not an issue at all. But the Fed has a…
NY Fed begins publishing corporate bond market distress index
By Davide Barbuscia NEW YORK – The Federal Reserve of New York will publish monthly updates on the U.S. corporate bond market to help identify signs of market distress similar to those…
Buying the bear? Equity demand endured market pain: Mike Dolan
By Mike Dolan LONDON – It’s a hard habit to break. You’d be forgiven for thinking the worst two-quarter period for stock markets since 2009 had investors running for the hills –…
Collagen Matrix, Inc. Announces 510(k) Clearance for Fibrillar Collagen Wound Dressing, Expanding Offerings for Advanced Wound Market
OAKLAND, N.J., June 28, 2022 — Collagen Matrix, Inc., a leader in regenerative medicine, global manufacturer of collagen and other biomaterial-based medical devices, and Linden Capital Partners portfolio company (“Collagen Matrix” or “the…
Twelve Charged With Operating An Open Drug Market Inside A Bronx Apartment Building And Carrying Firearms
Damian Williams, the United States Attorney for the Southern District of New York, Frank A. Tarentino III, Special Agent-in-Charge of the New York Office of the Drug Enforcement Administration (“DEA”), and Keechant…
Reading the market tea-leaves for global recession risks
By Dhara Ranasinghe, Sujata Rao and Yoruk Bahceli LONDON – The fastest rate-hiking cycle in decades and inflation nearing double-digits has got investors scouring market moves and data to gauge whether the…
Quadruple real rates? Ageing may turn to market headwind: Mike Dolan
By Mike Dolan LONDON – If you were hoping this was all a bad dream, take a deep breath. Many investors craving some return to “normal” from the wild economic and market…
Friday’s Russell rebalance may stoke more volatility in nervous stock market
By Chuck Mikolajczak NEW YORK – Investors in the volatile U.S. stock market are preparing for what may be one of the heaviest trading days of the year on Friday, as FTSE…
Rockland County Mourns Loss of Italian Market Owner Killed in Freak Palisades Parkway Accident
WEST HAVERSTRAW, NY – The Rockland County community lost a good man this weekend when Anthony Apostolico, owner of the Italian Food Center in West Haverstraw, was killed in a crash on…
U.S. super stock options expiry may bring short market respite
By Medha Singh (Reuters) – An unusually large quarterly expiration of U.S. stock futures and options on Friday is likely to boost trading volumes and add to volatility, market strategists said, with…
Private equity industry faces ‘perfect storm’ as market turmoil bites
By Emma-Victoria Farr BERLIN – Private equity investors gathered in Berlin at their annual get-together are fretting a season of record buyouts is drawing to a close after a week of market…
Analysis-Bond vigilantes and the BOJ are breaking Japan’s bond market
By Tom Westbrook and Alun John SINGAPORE/HONG KONG -Japan’s government bond market is being pushed to breaking point in a contest between foreign speculators and the Bank of Japan, creating challenges for…
European smartphone market falls 12% in Q1, Counterpoint says
STOCKHOLM – The European smartphone market declined by 12% in the first quarter of the year, registering the lowest shipments in the period for nearly a decade, according to a report from…
Explainer-What is a bear market?
By David Randall, Lewis Krauskopf and Noel Randewich NEW YORK/OAKLAND – The S&P 500 index, the most closely followed benchmark for U.S. equities on Wall Street, has slid this year as inflation…
HKMA buys HK$9.255 billion from market as currency hits weak end of trading band
HONG KONG – Hong Kong’s de-facto central bank bought HK$9.255 billion ($1.18 billion) from the market in New York trading hours to stop the local currency weakening and breaking its peg to…
Real estate brokers Compass, Redfin to cut jobs as housing market cools
(Reuters) – Real estate brokers Compass Inc and Redfin Corp said on Tuesday they will cut jobs as rising mortgage rates and the prospect of aggressive rate hikes eat into homebuying demand.…
Scully Company Enters Boston Market; Expands New England Portfolio
Scully acquired the market rate property from Blackfin Real Estate Investors with the disposition and financing coordinated by Berkadia. The Pennsylvania-based firm intends to modernize select unit interiors, enhance common areas and…
Analysis-U.S. stocks’ bear market growl could beckon recession
By Lewis Krauskopf NEW YORK – The bear market in U.S. stocks could be a prelude to even tougher times to come: a market swoon has often come hand-in-hand with recession. Worries…
As S&P 500 confirms bear market, most of its components look worse
By Noel Randewich (Reuters) – While the S&P 500 confirmed on Monday that it has been in a bear market since January, many of the benchmark’s components are in far worse shape…
Breaking News
