Laurel man arrested in connection to illegal Super Bowl car rally in Philadelphia
LAUREL, MD — A 19-year-old Maryland man was arrested Thursday following a multi-agency investigation linking him to an illegal car rally held in Philadelphia during Super Bowl LVIII celebrations, authorities announced. Yariel…
BlackRock Investment Institute not chasing post-Powell rally
LONDON (Reuters) -BlackRock Investment Institute is not “chasing” the stock rally triggered by Federal Reserve chief Jerome Powell’s latest comments because U.S. interest rates are still likely to stay elevated, its global…
Brazil stocks set to rally 13% by end-2023 despite policy uncertainty: Reuters poll
By Gabriel Burin and Noe Torres BUENOS AIRES/MEXICO CITY (Reuters) – Brazil stocks will rally by double-digits through end-2023, despite uncertainty about new government policies as President-elect Luiz Inacio Lula da Silva…
Deutsche Bank: Equity bear market rally will stretch into 2023, dollar weaker
LONDON (Reuters) – A bear market rally in equity markets will continue into next year before slumping as a recession in the world economy takes hold, Deutsche Bank said in its world…
UK house price rally to end next year but no big crash expected – Reuters poll
By Jonathan Cable LONDON (Reuters) – British house prices will fall in 2023, putting an end to years of bumper rises, but a large crash was unlikely despite the cost of living…
Stocks typically rally in December, investors have some caution this year
By David Randall NEW YORK (Reuters) – Investors hoping for the year-end to bring stock market gains after a punishing year have history on their side as U.S. equities traditionally rally during…
China banks pledge $162 billion in credit to developers, shares rally
By Xie Yu and Ziyi Tang HONG KONG/BEIJING (Reuters) – China’s biggest commercial banks have pledged at least $162 billion in fresh credit to property developers, bolstering recent regulatory measures to ease…
Thousands rally in Spain to demand pay hikes amid high inflation
By Marco Trujillo MADRID (Reuters) – Thousands of Spaniards packed Madrid’s landmark Plaza Mayor square on Thursday to demand higher pay in the first mass protest since the start of the cost…
Meme stock rally could be sign that investor appetite for risk is returning
By David Randall NEW YORK (Reuters) – Rallies in Getty Images Holdings Inc, Revlon Inc, Tilray Brands Inc and other so-called meme stocks on Monday may be another sign that investors’ appetite…
Cannabis shares rally as Canopy seeks to accelerate U.S. market entry
NEW YORK (Reuters) – Shares of marijuana producers jumped on Tuesday, led by a rally in Canada’s Canopy Growth Corp, after it said it will create a holding company to fast track…
Wall Street rally throws spotlight on reports from Tesla, Netflix
By Noel Randewich (Reuters) – Investors are speculating about whether Monday’s big stock surge is the start of a recovery or another pause in the market’s decline, and the answer may depend…
Haiti activists rally at White House seeking end of U.S. support for Henry
By Brian Ellsworth (Reuters) – Activists on Sunday rallied at the White House to call on the Biden administration to end support for the government of Haitian Prime Minister Ariel Henry, as…
Dip buyers may be burned again as another U.S. stock rally falters
By Lewis Krauskopf NEW YORK (Reuters) – Friday’s swoon in U.S. stocks is helping drive home a humbling message for investors: buying dips may have worked for the last decade, but it’s…
Citi expects global equities to rally 18% by end-2023
(Reuters) – Citigroup is expecting global equities to rise about 18% from now through the end of 2023, saying beaten down valuations from a relentless selloff this year may attract investors, although…
Dollar’s blistering rally to extend into next year – FX analysts in Reuters poll
By Hari Kishan and Shaloo Shrivastava BENGALURU (Reuters) – The unstoppable dollar, which is already having a banner year, is likely to extend its dominance beyond 2022, according to a Reuters poll…
Analysis-Why the dollar’s wrecking-ball rally is not done yet
By Tom Westbrook SINGAPORE (Reuters) – A rally that has the dollar on course for its best year since 1984 has further to run, traders and analysts say, suggesting more pain almost…
Analysis-Faltering U.S. stocks rally could see volatility-control funds turn sellers
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Certain volatility-linked investment strategies could ramp up selling of equities if turbulence in the stock market, which has been stoked by the U.S. Federal…
‘It’s Almost Semi-Fascism’: Biden Kicks Off Midterm Rally By Slamming Trump-Allied Republicans
‘It’s Almost Semi-Fascism’: Biden Kicks Off Midterm Rally By Slamming Trump-Allied Republicans Harold Hutchison on August 26, 2022 President Joe Biden called Republican proposals “semi-fascism” during a Thursday speech at a Democratic…
Analysis-Novartis CEO may struggle to rally investors to Sandoz spin-off
By Natalie Grover LONDON (Reuters) – Novartis CEO Vas Narasimhan could struggle to woo investors to the listing of generics drugs business Sandoz, as weaker drug prices and jittery financial markets present…
U.N.’s Bachelet condemns Brazil rights abuses, president’s rally against judiciary
GENEVA (Reuters) – The United Nation’s Human Rights High Commissioner Michelle Bachelet on Thursday condemned Brazilian President Jair Bolsonaro’s upcoming rally against judicial institutions, and said the country’s human rights situation is…
Nikkei ends above 29,000 for first time in seven months on Wall Street rally
TOKYO (Reuters) – Japan’s Nikkei ended above the key psychological level of 29,000 on Wednesday for the first time in more than seven months, after an overnight Wall Street rally in major…
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…
Analysis-Bolsonaro risks blowback from joint military parade and campaign rally
By Anthony Boadle BRASILIA – Efforts by Brazilian President Jair Bolsonaro to turn an Independence Day military parade into a political event for his re-election campaign has become a test of the…
Howard County Police Issue Stern Warning to Car Rally and Street Racers
HOWARD COUNTY, MD – Police in Howard County aren’t slowing down after ticketing dozens of illegal street racers at a recent car rally. “What’s an illegal car rally? It typically involves a…
Wood’s ARK fund on track for first monthly gain since Oct as risky stocks rally
By David Randall NEW YORK – Cathie Wood’s ARK Innovation fund is on track to post its first monthly gain in eight months in July, riding a rally that has seen beaten-down…
Analysis-Investors gauge U.S. stocks rebound: ‘suckers’ rally’ or market bottom?
By David Randall NEW YORK – As investors await another jumbo-sized rate increase from the Federal Reserve, they are taking the temperature of a weeks-long U.S. stock market rally that followed a…
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