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) – U.S. bond funds continued to face huge outflows in the week to May 19 on fears that the Federal Reserve would raise interest rates higher than previously expected to keep…
REPORT: Under Biden, US Intel Agencies See ‘Diversity’ As A Top Priority Harold Hutchison on May 19, 2022 Intelligence community leaders have made workplace diversity a top priority since the death of…
US Will Soon See Average Gas Prices Above $6 A Gallon, Energy Analyst Says Thomas Catenacci on May 18, 2022 The average price of gasoline nationwide could reach $6 per gallon this…
(Reuters) – U.S. bond funds saw a surge in outflows in the week to May 11 on concerns over higher inflation readings, which cemented expectations of aggressive rate hikes by the Federal…
(Reuters) – Global equity funds witnessed a surge in outflows in the week ended May 11, as fears of an economic slowdown and further tightening by major central banks to tame stubborn…
By Davide Barbuscia NEW YORK – U.S. loans have outperformed other debt instruments this year because of the protection they offer from rising interest rates, but a sharp deterioration in financial markets…
By Daria Sito-Sucic SARAJEVO – As supply chain disruptions caused by the COVID-19 pandemic, war in Ukraine and lockdowns in China hit Western European markets, Balkan companies are hoping to benefit from…
By Nevzat Devranoglu ANKARA – A six-day slide in Turkey’s lira has left traders predicting that authorities are now targeting a new level, as weak as 15.5 to the dollar, in a…
By Nichola Saminather (Reuters) – Canada’s biggest life insurers, Manulife Financial and Sun Life Financial on Wednesday reported core earnings fell from a year ago as the COVID-19 pandemic took a toll…
(Reuters) – U.S. April inflation at 8.3% remained “hot” but does not yet require the Federal Reserve to switch to three-quarter point rate increases, St. Louis Fed President James Bullard said on…
ELTVILLE AM RHEIN, Germany – The Federal Reserve’s efforts to tame inflation will at best still see declining economic growth and a small rise in the unemployment rate for a period, New…
By John DiMaio Press Release TRENTON, N.J. – The Assembly Law and Public Safety Committee on Monday released Assemblyman John DiMaio’s bill that will give municipalities one-third of fine money generated by State…
By Allison Lampert MONTREAL – Staffing shortages that led to long passenger lines this week at some of Canada’s largest airports could see some improvement by the crucial summer travel season, an…
BEIJING – China’s April new home prices grew at a slightly slower pace compared with March gains, a private survey showed on Sunday, with policy-easing moves by local governments yet to significantly…
BUFFALO, NY – The Buffalo Bills defeated the New England Patriots 47-17 on January 15th to advance to the AFC Divisional round against the Kansas City Chiefs. For one couple in attendance,…
BERLIN – Mercedes-Benz saw no impact from the stop in gas deliveries from Russia to Poland and Bulgaria on its plants, but was nonetheless working on ways to reduce its gas demand,…
(Reuters) – Women and children sheltering in a giant steel works in Mariupol that is the last holdout of Ukrainian defenders of the southern port city, said in a video released on…
(Reuters) – Global equity funds faced massive outflows in the week to April 20, on concerns over growth due to the Russia-Ukraine war, impending rate hikes by major central banks and a…
(Reuters) – Overseas investors extended their selling of Chinese shares into April, after dumping them in the previous month, on mounting worries about the impact of prolonged COVID-19 lockdowns, growth and the…
(Reuters) – Global bond funds witnessed massive money outflows in the week to April 13, as investors were worried that the Federal Reserve would start tightening its policy more aggressively to contain…
SHANGHAI – The smallness of a cut to the amount of money Chinese banks must hold in reserves may reflect concern by the Chinese central bank over inflation and U.S. monetary tightening,…
The EU Would Rather Buy Putin’s Oil Than See Le Pen Win France’s Presidency: REPORT Thomas Catenacci on April 15, 2022 The European Union has delayed its much-anticipated ban on Russian oil…
By Elizabeth Dilts Marshall NEW YORK – Wells Fargo & Co and JPMorgan Chase & Co reported a rise in net interest income in the first quarter, as the U.S. Federal Reserve’s…
Red States See Tidal Wave Of Bills Aiming To Restrict Sex And Gender Lessons For Kids Laurel Duggan on April 13, 2022 Numerous states are considering bills restricting sexual identity and gender lessons…
WASHINGTON – President Joe Biden was glad to see that the voices of Amazon.com Inc workers were heard, the White House said on Friday, after warehouse workers in New York City voted…