Jobs Market Cools Following Unexpectedly High Economic Growth
Jobs Market Cools Following Unexpectedly High Economic Growth Will Kessler on August 4, 2023 The U.S. added 187,000 jobs in July, less than economists expected, …
Market
US money market funds draw biggest inflow in four months
(Reuters) – U.S. money market funds saw robust demand in the seven days to Aug. 2 as investors favoured safer assets on concerns over a …
How El Nino threatens emerging market economies
By Jorgelina do Rosario and Libby George LONDON (Reuters) – Countries around the world are battling heatwaves and floods fuelled by El Nino, a naturally …
Global money market funds see largest inflows since March amid US downgrade, economic woes
(Reuters) – Global money market funds attracted massive inflows in the week to Aug. 2 as investors sought safer assets amid a U.S. credit downgrade …
Missing 63-Year-Old Man Last Seen on Market Street
PHILADELPHIA, PA- The Philadelphia Police Department is urgently seeking the public’s assistance in locating 63-year-old missing person John Scruggs. John was last seen on Wednesday, …
Cubans struggle as peso loses half its value in a year on informal market
By Nelson Acosta and Marc Frank HAVANA (Reuters) – The Cuban peso was trading on the informal market at an all-time low of 230 to …
Apple, Microsoft remain world’s top 2 companies by market cap
(Reuters) – Tech giants Apple and Microsoft remained the top two global companies by market capitalisation at the end of July after riding this year’s …
Loews profit more than doubles as market rebound boosts investment returns
(Reuters) – Loews Corp said on Monday its second-quarter profit more than doubled as a jump in investment income cushioned a hit from higher catastrophe …
Goldman upgrades oil demand outlook as market tempers growth pessimism
(Reuters) – Goldman Sachs on Sunday revised up its global oil demand forecast for the year while sticking to its 12-month Brent price projection of …
Tesla executives hold market entry talks with India investment agency -sources
By Aditya Kalra and Shivangi Acharya NEW DELHI (Reuters) – Two senior Tesla executives discussed the company’s plans to enter India with officials from the …
Global money market funds draw big weekly inflows on investor caution
(Reuters) – Global money market funds drew big inflows in the week to July 26, as investors were cautious ahead of major central banks’ interest …
Analysis-US bond investors brace for shift in market as rate peak elusive
By Davide Barbuscia and David Randall NEW YORK (Reuters) – U.S. bond investors were gauging how to navigate a prolonged period of higher interest rates …
Samsung going in ‘right direction’ in China market, mobile chief says
By Joyce Lee SEOUL (Reuters) – Samsung Electronics’ mobile chief said Samsung is “going in the right direction” in China, the world’s largest mobile market, …
CBO revises U.S. 2023 growth forecast higher amid strong first-half labor market
WASHINGTON (Reuters) – The Congressional Budget Office revised its 2023 U.S. economic growth forecast substantially upward on Wednesday to 0.9% from a meager 0.1% forecast …
DAVID BLACKMON: Oil And Gas Aren’t Going Anywhere — Just Ask The Stock Market
DAVID BLACKMON: Oil And Gas Aren’t Going Anywhere — Just Ask The Stock Market David Blackmon on July 26, 2023 A story at Bloomberg published …
Analysis-Small firms offer private equity job market bright spot
By Maiya Keidan (Reuters) – It’s getting more difficult to land a job in the private equity industry — unless you are willing to join …
Don’t try to time the market, KKR’s Stavros says
By Maiya Keidan (Reuters) – Private equity firms should stay consistent in deploying capital even when facing a more challenging backdrop for dealmaking, KKR & …
Randstad flags tougher job market, earnings beat forecasts
By Olivier Sorgho (Reuters) -Randstad, the world’s biggest staffing firm, on Tuesday flagged weaker demand in a “challenging” jobs market, even as it beat expectations …
Man Shot on Market Street Expected to Survive
HARRISBURG, PA – Early Sunday, the Harrisburg Police were called to the 1200 block of Market Street after receiving reports of shots fired. On arriving …
Adidas and Puma bet on ‘terrace’ sneaker trend in tough market
By Helen Reid and Linda Pasquini LONDON (Reuters) – The trend for low-rise rubber-soled “terrace” sneakers could give Adidas and Puma an advantage over Nike …
Cryptoverse: Ripple effect as explosive XRP leads market charge
By Medha Singh and Lisa Pauline Mattackal XRP has become the unlikely white knight of crypto, thwarting its regulatory foes and dragging the market out …
Canadian market participants see rates staying at 5% in 2023 -BoC survey
OTTAWA (Reuters) – The Bank of Canada (BoC) will not raise rates again and will start cutting a little later than previously anticipated, according to …
Australian BNPL firm Zip’s credit performance in local market weakens further
(Reuters) – Australia’s Zip Co Ltd said on Thursday it faced a jump in bad debts at home grounds, its biggest market by revenue, during …
Burglary Reported at Herr’s Market Convenience Store
MARIETTA, PA – An unidentified person broke into Herr’s Market Convenience Store early Tuesday morning around 3:55 am, according to the SRPD. The suspect used …
Meta opens AI model to commercial use, throwing nascent market into flux
By Katie Paul NEW YORK (Reuters) -Meta is releasing a commercial version of its open-source artificial intelligence model Llama, the company said on Tuesday, giving …
Space investments stay flat in Q2 as market shows signs of stabilization – report
By Akash Sriram (Reuters) – Investments in space startups stayed flat in the second quarter, a positive sign for a sector that faced a funding …
Marketmind: Bland China data leaves market hungry for stimulus
A look at the day ahead in European and global markets from Wayne Cole It could have been worse, is about the best that can …
Employee Shot Dead in Brewerytown Food Market
PHILADELPHIA, PA – An employee was shot and killed inside the Jefferson Food Market in Philadelphia’s Brewerytown area last Thursday night, as reported by the …
Harvard Med School Slapped With Another Lawsuit Over Human Remains Sold On Black Market
Harvard Med School Slapped With Another Lawsuit Over Human Remains Sold On Black Market Jack Applewhite on July 14, 2023 Another family is suing Harvard …
Emerging market equity fund inflows outpace developed market rivals
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Emerging market equity funds are outpacing developed market rivals in attracting inflows for the first time in …
Mazda needs China strategy overhaul to keep up with market, CEO says
TOKYO (Reuters) – Japan’s Mazda Motor needs to overhaul its strategy in China where it is fighting to keep up with “severe” competition from domestic …
UK buyers retreat from housing market, further slowdown seen – RICS
By Suban Abdulla LONDON (Reuters) – Britain’s housing market showed signs of a slowdown in June and property surveyors expect activity to remain subdued as …
Options hedges against a break in US stock market calm at record high
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Options traders are taking advantage of muted U.S. stock market gyrations to load up on contracts that …
Explainer-Why is the U.S. SEC reforming money market funds?
By Michelle Price WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Wednesday finalized long-awaited regulations to improve the resilience and transparency of …
India’s Vedanta to enter the chip market this year after Foxconn split
BENGALURU (Reuters) -India’s Vedanta will enter the market for the manufacturing of chips and displays this year, group chairman Anil Agarwal said on Wednesday, days …
US SEC removes ‘swing pricing’ from money market fund overhaul plan -Bloomberg News
(Reuters) – Money market funds are set for a reprieve on “swing pricing” when Wall Street’s top regulator votes on Wednesday to help control systemic …
Market heavyweights dip ahead of Nasdaq 100 rebalance
(Reuters) – Shares of Apple, Microsoft and other heavyweight companies dipped on Monday after Nasdaq Inc said it would rebalance its Nasdaq 100 index to …
China central bank extends policies for financial support of real estate market
BEIJING (Reuters) – China’s central bank on Monday extended until the end of 2024 some policies in a November rescue package to shore up the …
UK jobs market cools again, pay growth weakest since April 2021: REC
LONDON (Reuters) – Pay pressures in Britain’s labour market cooled further in June, according to a survey of recruiters published on Monday that could help …
China-led EV boom in Thailand threatens Japan’s grip on key market
By Devjyot Ghoshal and Pasit Kongkunakornkul BANGKOK (Reuters) – Thailand’s Siam Motors partnered with Nissan Motors in 1962 with a factory that rolled out four …
New Super PAC Linked To Conservative Free Market Group Formed To Sink Trump’s Nomination
New Super PAC Linked To Conservative Free Market Group Formed To Sink Trump’s Nomination Arjun Singh on July 7, 2023 Club for Growth officials are …
Market surveys show Wall Street expected less hawkish Fed outlook
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve forecasts released at the June monetary policy meeting laid out an outlook that was more …
ESG equity funds suffer big outflows, buffeted by market jitters and U.S. backlash
By Tommy Wilkes and Patturaja Murugaboopathy LONDON (Reuters) – Equity funds with an environmental, social and governance (ESG) tilt suffered a large loss of investors …
Australian broker Openmarkets fined $3 million for ‘market integrity’ violations
(Reuters) – Openmarkets Australia Ltd was fined a record A$4.5 million ($2.99 million) after a panel found the retail broker in violation of numerous market …
China’s FX market stable, cross-border flows basically balanced – state media
SHANGHAI/SINGAPORE (Reuters) – Foreign investors were net purchasers of onshore yuan bonds in June, while expectations in China’s foreign exchange market remain stable and cross-border …
Analysis-Out-of-sync U.S. stocks hide market risks
By Saqib Iqbal Ahmed NEW YORK (Reuters) – U.S. stocks’ tendency to move in sync has plunged to near-record lows, but what might seem like …
Marketmind: Midyear market mettle, Nike clipped
A look at the day ahead in U.S. and global markets from Mike Dolan The glass appears half full at half time. The U.S. economy …
Brick farmer’s market continues on Saturday
BRICK TOWNSHIP, NJ – For a delightful shopping experience filled with a diverse array of goods, make your way to the Brick Farmers Market. From …
Howell Boston Market evicted again
After being closed for months after an eviction, the recently reopened Howell Boston Market is out again. A letter of eviction was slapped on the …
Tesla to hit record quarterly sales in China even as market share shrinks – analysts
SHANGHAI (Reuters) – Tesla is set to hit another record quarter with its China sales while it faces mounting pressure from local competitors such as …