Sen. Andy Kim backs Kids Online Safety Act, citing rising mental health risks for youth
TRENTON, N.J. — U.S. Senator Andy Kim (D-NJ) expressed strong support for the Kids Online Safety Act in a letter to constituents this week, emphasizing the urgent need to increase protections for…
Japan Oct industrial output seen rising but Toyota disruptions will weigh- Reuters poll
TOKYO (Reuters) – Japan’s industrial output likely inched up in October, a Reuters poll found on Friday, although widespread disruptions at top automaker Toyota Motor are expected to weigh heavily on the…
Turkey’s clothing makers face rising costs from push to help textile sector
By Ceyda Caglayan ISTANBUL (Reuters) – Turkish clothing manufacturers, the third-largest suppliers of apparel to Europe, face higher production costs and risk falling further behind their Asian rivals after the government hiked…
Delaware State Police Urge Vigilance Amid Rising Vehicle Thefts As Holiday Season Draws Near
DELAWARE – The Delaware State Police are emphasizing the necessity of vehicle security due to an increasing trend in motor vehicle thefts. The department highlights the criticality of not falling into a…
Japan’s Nikkei seen rising to 35,000 by mid-2024 on earnings boost: Reuters poll
By Kevin Buckland TOKYO (Reuters) – Japan’s Nikkei 225 share average will continue its more-than-28% rally this year into 2024 to reach a three-decade high of 35,000 by end-June, according to analyst…
Goldman sees S&P 500 rising to 4700 by year-end 2024
(Reuters) – Goldman Sachs investment strategists said on Wednesday that they now expect the S&P 500 to end 2024 at 4700, implying a roughly 6% gain including dividends. The estimate, from a…
Families Are Struggling Under Rising Inflation, Biden-Led Regulation, Experts Say
Families Are Struggling Under Rising Inflation, Biden-Led Regulation, Experts Say Will Kessler on November 5, 2023 Key costs for families, like child-care and shelter, have risen substantially during President Joe Biden’s tenure.…
Pinterest soars on rising Gen Z engagement, ad-market rebound
(Reuters) – Shares of Pinterest surged 17% in premarket trading on Tuesday after a strong quarterly performance indicated that the image-sharing platform was riding a rebound in the advertising market and making…
US investors extend equity fund sell-off amid rising bond yields
(Reuters) – U.S. investors remained net sellers of equity funds in the week to Oct. 25 driven by higher bond yields and concerns over the Israel-Hamas conflict. According to LSEG data, investors…
BOJ meets as rising global yields, inflation test yield cap
By Leika Kihara TOKYO (Reuters) – The Bank of Japan will face growing pressure at its policy meeting next week to shift further away from its controversial bond yield control, amid rising…
Moncler sales seen rising despite luxury concerns, warmer weather
By Elisa Anzolin MILAN (Reuters) – Italian luxury group Moncler is expected to post a healthy rise in quarterly sales thanks to a strong brand and despite the warmer weather, although growth…
Board President of Detroit Synagogue Found Stabbed to Death Amid Rising Tensions
DETROIT, MI — Samantha Woll, board president of Isaac Agree Downtown Synagogue, was found stabbed to death outside her residence on Saturday morning. Her death coincides with an uptick in threats nationwide…
US equity funds suffer outflows on rising bond yields, geopolitical tensions
(Reuters) – U.S. equity funds registered huge withdrawals in the week ending Oct. 18, hit by a surge in bond yields and escalating geopolitical tensions in the Middle East. Investors sold $4.57…
Global equity funds see fifth consecutive weekly outflow amid rising bond yields
(Reuters) – Global equity funds registered their fifth weekly outflow in a row in the seven days to Oct. 18 hit by the persistent rise in U.S. bond yields with strong economic…
Alaska Air cuts profit view as rising labor costs cast shadow
(Reuters) – Alaska Air Group cut its full-year profit outlook on Thursday on rising labor expenses, as airlines draw up costly contracts to retain employees. Major U.S. airlines are already feeling the…
Asbury Park, NJ: A Phoenix Rising from the Ashes of its Seaside Past
Asbury Park, once a crumbling seashore community, has transformed itself into a bustling, vibrant city teeming with life and entertainment options. From its boom years in the early 20th century to its…
Hackensack Police Boosts Security Around Religious Establishments Amid Rising Hate Crimes
In response to an unsettling increase in hate crimes and growing global tensions, the Hackensack Police Department has announced plans to ramp up its security measures around various religious establishments in the…
Rising Asia debt levels could temper growth -World Bank chief economist
By Andrea Shalal MARRAKECH, Morocco (Reuters) – Rising debt levels among “seemingly healthy” countries in Asia could drag growth in the region below currently forecast levels, World Bank Chief Economist Indermit Gill…
Analysis-Tunisia faces rising pressure, record IMF delay over lack of reforms
By Jorgelina do Rosario LONDON (Reuters) – Tunisia reached a preliminary deal with the International Monetary Fund a year ago on a $1.9 billion loan programme, but 12 months later it has…
US gasoline prices could fall to $3 a gallon on oil selloff, rising stocks
By Laura Sanicola (Reuters) – U.S. gasoline prices are heading south and may hit $3 a gallon in many places in coming weeks with crude oil futures down $10 a barrel over…
UK retailers demand government action on rising crime
LONDON (Reuters) – Some 88 UK retail leaders, including the bosses of Tesco, Sainsbury’s and Marks & Spencer, have signed a letter to interior minister Suella Braverman, demanding action over rising rates…
Target to shut 9 stores across 4 US states amid rising retail crime
(Reuters) – Target said on Tuesday it would close nine stores across four U.S. states, including California, citing that theft and organized retail crime was threatening the security of the retailer’s employees…
Turkish central bank’s net reserves seen rising more than $6 billion as policy U-turn continues – bankers
By Nevzat Devranoglu ANKARA (Reuters) – The Turkish central bank’s net international reserves rose by more than $6 billion last week to about $24 billion, four bankers said on Tuesday, resuming an…
India says rising oil prices a concern, but economic outlook ‘bright’
NEW DELHI (Reuters) – Rising oil prices are a concern for the Indian economy but its outlook remains bright after better September monsoons and a retreat in the prices of some key…
Hedge fund manager Bill Ackman sees U.S. long-term rates rising
(Reuters) – Billionaire investor Bill Ackman said he believed 30-year interest rates would rise further, while his Pershing Square Capital Management hedge fund remains short on bonds, as he sees inflation remaining…
Hedge fund demand for US Treasuries seen rising amid higher bond supply
By Davide Barbuscia and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Hedge funds will likely become increasingly important buyers of U.S. Treasuries, providing liquidity in the world’s biggest bond market at a time…
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