NEWARK, N.J. — A disabled tractor trailer on the George Washington Bridge westbound upper level was blocking one right lane of the Upper Trans Manhattan Expressway in Manhattan during the morning rush…
(Reuters) – Investors were net buyers of U.S. bond funds in the week ended July 6 as rising worries over economic growth increased demand for safe-haven U.S. debt. According to Refinitiv Lipper…
(Reuters) – Global equity funds faced a second straight week of outflows in the week to July 6, as investors remained concerned about a global economic slowdown and recession risks due to…
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.…
By Shashwat Awasthi (Reuters) – Australian shares were set to lose a tenth of their market value in the first half of 2022, and analysts warned of more pain ahead from a…
NEW YORK – U.S. housing finance giant Freddie Mac said on Thursday the average contract rate on a 30-year fixed-rate mortgage rose by more than half a percentage point to 5.78%, the…
By Lewis Krauskopf NEW YORK – Despite a crushing selloff that pushed U.S. stocks into a bear market, investors see few signs suggesting equities have hit bottom, as persistent worries over surging…
(Reuters) – VTB, Russia’s second-largest lender, does not think a proposed merger with fellow state-run bank Otkritie will take place before autumn, Kommersant newspaper said on Tuesday. Both banks have been targeted…
By Yoruk Bahceli (Reuters) -Euro area interbank borrowing rates saw their biggest daily jumps in over 10 years on Tuesday, reflecting huge increases in market expectations for European Central Bank rate hikes.…
TOKYO – Nearly half of Japanese companies see the weak yen as bad for their business, a private survey showed on Tuesday, suggesting the currency’s recent sharp decline is hurting business sentiment…
Americans Could See Grocery Store Prices Skyrocket Even Higher: REPORT Micaela Burrow on June 10, 2022 Food prices in the U.S. may get worse in the coming months as European Union countries…
(Reuters) – U.S. bond funds witnessed massive outflows in the week to June 8 after a weekly inflow, as a better-than-estimated payrolls report made the case for a faster pace of interest…
(Reuters) – Global investors resumed selling bond funds in the week to June 8, after purchasing them in the previous week, as strong employment numbers in the United States and soaring European…
By David Ljunggren OTTAWA – Some Canadians who took out mortgages in 2020-21 could see their monthly payments jump by as much as 45% in 2025-26, given rising rates, according to a…
Parents Flee The Public School System As Charter Schools See Surge In Enrollment Reagan Reese on June 8, 2022 Enrollment in New York City schools is dropping while charter schools are seeing…
TOMS RIVER, NJ – Toms River Mayor Maurice Hill is on a mission. He wants to turn Downtown Toms River into a tourist destination, but it has all been tried before. Rebuilding,…
WEEKEND OF CARNAGE: Liberal Cities See Massive Spike In Murder, Violent Crime Over Holiday Weekend Josh Hypes on May 31, 2022 Violent crime surged across liberal cities during Memorial Day weekend, leaving…
It was a heartwarming Memorial Day story that worked out for everyone. Over the Memorial Day weekend, New York State Troopers came upon a vehicle disabled on the side of the road.…
(Reuters) – Japanese auto companies are likely to post record profits this year as they raise vehicle prices and cut costs to mitigate the hit from soaring inflation, J.P. Morgan analysts said…
ZURICH – Nestle does not expect “significant infant formula shortages” in other markets the Swiss food maker serves outside the United States, Chief Executive Mark Schneider said in an interview Monday. “This…
(Reuters) – Global equity funds saw money inflows in the week to May 25 as some investors took heart from a rebound in markets this week, after sharp declines in stock markets…
LAKEWOOD, NJ – The Lakewood Police Department said it will increase security and patrols around the town’s many schools on Wednesday as a precautionary measure in the wake of the attack on…
DAVOS, Switzerland – While government debt levels are climbing around the world, with debt burdens in emerging markets rising rapidly, so far there is not evidence of a systemic debt crisis, but…
By Mike Dolan LONDON – Whatever the broader financial or economic stability risks of volatile crypto tokens, government watchdogs may reasonably balk at 10% household exposure to loosely-regulated speculative punts that double…
GLOUCESTER TOWNSHIP, NJ – Gloucester Township Police Chief David Harkins said police presence will be increased at schools in the community in the wake of a school shooting in Texas. Related: Gunman…
By Kylie Madry ACAPULCO, Mexico – A year after the U.S. Federal Aviation Agency (FAA) downgraded Mexico’s air safety rating, Mexican airline and government representatives say regaining the coveted Category 1 rating…