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…
Australia jobs engine slows as labour market loosens
By Stella Qiu SYDNEY (Reuters) – Australian employment fell sharply in December after two months of surprisingly strong growth, while the jobless rate stayed at a 1-1/2 year high, adding to the…
OPEC may need further supply curbs to balance market, says Mercuria chief
By Dmitry Zhdannikov DAVOS, Switzerland (Reuters) – OPEC may need to cut production further to keep oil prices at current levels in the face of stuttering demand growth and high U.S. output,…
Philadelphia Police Seek Suspect in Armed Robbery at Yala Habibi Market
PHILADELPHIA, PA – The Northwest Detective Division of the Philadelphia Police Department (PPD) is actively searching for a suspect involved in a recent armed robbery. The incident occurred on January 13, 2024,…
Canada’s planned curbs on overseas student work may hurt tight job market
By Wa Lone TORONTO (Reuters) – Canada’s planned curbs on work by international students could spark shortages of temporary workers in food services and retail industries as employers are wrestling with a…
Analysis-Hertz’s EV sale to fan cost concerns, dampen used-car market
By Akash Sriram and Nathan Gomes (Reuters) – Electric vehicles were already considered expensive and hard to repair. Now their image could take another hit as rental giant Hertz dumps 20,000 of…
Country Garden expects China property market to remain weak in 2024
HONG KONG (Reuters) – China’s largest private property developer, Country Garden, <2007.HK> expects the property market will remain weak in 2024 and the company could face more, “severe” challenges, its top management…
Microsoft topples Apple to become global market cap leader
(Reuters) – Microsoft has eclipsed Apple to become the world’s largest company by market capitalization, driven by its deep focus on generative artificial intelligence (AI), a sector that has garnered increasing investor…
UK housing market gains momentum at start of 2024: Rightmove
By Suban Abdulla LONDON (Reuters) – Average asking prices for British homes made the strongest start to the year since 2020, according to a Rightmove survey on Monday that added to signs…
Global money market funds see third weekly inflow ahead of US inflation data
(Reuters) – Global investors accumulated money market funds for a third straight week in the seven days to Jan. 10, while pulling back from equity funds, as they favoured safer bets ahead…
Marketmind: Inflation tests market thesis, bitcoin gets ETF nod
A look at the day ahead in U.S. and global markets from Mike Dolan If the aggressive interest rate easing markets have priced for 2024 is to ring true – against what…
As inflation slows, the job market gains Fed mindshare
By Howard Schneider WASHINGTON (Reuters) – The slide in inflation that gathered pace at the end of 2023 has begun shifting attention at the U.S. Federal Reserve to the health of the…
VW, Toyota saw China market share shrink in 2023: industry association
By Qiaoyi Li and Brenda Goh BEIJING (Reuters) – Volkswagen Group and Toyota Motor saw their share of the world’s largest auto market shrink last year, industry data showed on Wednesday, as…
Global EV market growth to slow this year on lower subsidies – report
(Reuters) – Growth in the global electric-vehicle market is set to slow to 27.1% this year as a reduction in state subsidies makes the cars less appealing to buyers, according to research…
Marketmind: New year market funk sees 5-day blues
A look at the day ahead in U.S. and global markets from Mike Dolan With U.S. government shutdown angst resurfacing, this weekend’s Taiwan election in view, fourth-quarter earnings looming again and Boeing…
As pandemic ‘jobs hole’ closes, Fed finds labor market easing elusive
By Howard Schneider WASHINGTON (Reuters) – The U.S. economy ended last year with the labor scars from the COVID-19 pandemic effectively healed and a quandary for Federal Reserve policymakers so far waiting…
UK labour market firms after recent slowdown: REC survey
By William Schomberg LONDON (Reuters) – British employers raised pay and recovered some of their appetite for hiring in December, according to a survey that the Bank of England may see as…
High market hopes raise stakes as US stocks face inflation data, earnings
By Lewis Krauskopf NEW YORK (Reuters) – Investors’ hopes are running high to start 2024, which could set up U.S. stocks for a rocky stretch if some expectations are not met. Despite…
US worker absences highlight mixed labor market as pandemic recedes
(Reuters) – The latest government data on Friday showed the U.S. added 216,000 jobs in December, as the labor market settles back towards more normal levels following almost four years of upheaval…
Investors flee to US money market funds on caution as rate cut optimism cools
(Reuters) – U.S. investors reduced holdings in equity funds, shifting to money market funds amid caution before key payroll reports, as a stock market rally eased and they awaited further evidence to…
Global money market funds see big demand as rate cut euphoria fades
(Reuters) – Investors moved hefty amounts into global money market funds in the seven days leading to Jan. 3 as caution set in ahead of key U.S. employment reports which may influence…
Marketmind: No let up in sombre New Year market mood
A look at the day ahead in European and global markets from Kevin Buckland Global stocks extended 2024’s weak start into Thursday, exacerbated by Japan’s return from an extended New Year holiday.…
Cathay Pacific in market for new mid-sized widebody planes
SEOUL (Reuters) – Hong Kong’s Cathay Pacific Airways said on Thursday it was evaluating options for new orders of mid-sized widebody aircraft, after a recent run of purchases to renew its fleet.…
Silver Spring Resident Wins $50,000 on Scratch-off at Local Market Ahead of Holidays
SILVER SPRING, MD — A routine grocery shopping trip turned into a remarkable windfall for a Montgomery County man, who won $50,000 on a Cash Boom scratch-off. The winner, who opted for…
Ex-BOJ board member criticises governor Ueda’s market messaging
By Leika Kihara and Takahiko Wada TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda must change his communication style that is confusing markets into believing an exit from ultra-loose monetary policy…
New Jersey Deli At Center Of Interstate Stock Market Manipulation Case
CAMDEN, N.J. – James Patten, a 64-year-old resident of Winston-Salem, North Carolina, has admitted to his role in a complex market manipulation scheme involving two publicly traded companies. This announcement was made…
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