Disabled truck on George Washington Bridge causes lane closure as NJ roads see delays
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…
Equities see sizeable weekly inflows as BoFA warns of recession risks
LONDON – Investors pumped in $18.9 billion into equities and $6.3 billion into bonds in the last week after weeks of outflows as BoFA strategists warned against reading too much into the…
ECB’s Lagarde does not see risk of stagflation
BERLIN – The European Central Bank does not expect the war in Ukraine to push the euro zone into stagflation even if it does push up inflation due to higher energy prices…
U.S. regulators see deal with Beijing on audits as ‘premature,’ will continue to engage
By Katanga Johnson WASHINGTON – The U.S. public company accounting regulator said on Thursday that it continued to engage with Chinese regulators about getting access to their auditors’ records, but it remained unclear if the Chinese…
Analysts see Brazil central bank ending monetary tightening at 13% this year
BRASILIA – Brazil’s central bank will wrap up its monetary tightening with rates at 13% this year, according to a weekly survey of private economists on Monday, which showed the second straight…
U.S. bond funds see money outflows for 10th straight week
– U.S. bond funds posted big outflows in the week to March 16 as another strong reading on U.S. inflation last week locked in expectations that the Federal Reserve will have to…
Global bond funds see outflows for tenth successive week
– Global bond funds saw money outflows for the tenth consecutive week in the week to March 16, as higher U.S. inflation levels evoked expectations that the Federal Reserve would need to…
Dealmakers see M&A pace slow as geopolitical turmoil takes toll
By Svea Herbst-Bayliss, David French and Krystal Hu NEW ORLEANS – Mergers and acquisitions activity has tailed off after a record-breaking 2021, as the war in Ukraine adds to a bevy of…
Fed signals fastest tightening since 2006; markets see more
By Ann Saphir – Federal Reserve policymakers on Wednesday signaled much faster interest rates hikes this year than they had expected just a few months ago, getting them to about 1.9% by…
Analysis – Investors see risks spiking, fear market-wide liquidity crunch
By Davide Barbuscia NEW YORK – Wild swings in asset prices following Russia’s invasion of Ukraine are prompting some investors to pare risk in their portfolios, fearing that the type of volatility…
‘Sanctuary Country’: ICE Deportations, Arrests See Dramatic Drop Under Biden
‘Sanctuary Country’: ICE Deportations, Arrests See Dramatic Drop Under Biden Jennie Taer on March 11, 2022 Immigrations and Customs Enforcement (ICE) released its fiscal year 2021 statistics Friday, showing significant decreases in…
U.S. money market funds see big inflows as Ukraine conflict intensifies
– U.S. investors were rushing to invest in money market funds as the conflict between Russia and Ukraine intensified, fuelling worries about inflation and economic growth. U.S. money market funds drew a…
Global equity funds see biggest weekly outflow since mid-Dec
– Global equity funds saw massive outflows in the week to March 2 as investors sought safer havens for their assets amid Russia’s invasion of Ukraine. Investors offloaded global equity funds worth…
U.S. farm incomes could see boost from grain rally – Chicago Fed
By P.J. Huffstutter CHICAGO – The current rally of U.S. grain and oilseed prices could help bolster American farm incomes this year, as Russia’s invasion of Ukraine roils commodity markets over fears…
Ferrari doesn’t see impact on its supply chain from Ukraine crisis
MILAN, Mar 3 – Ferrari does not see any impact on its supply chain as a consequence of Russia’s invasion of Ukraine, a spokesman for the Italian luxury carmaker told Reuters on…
Arab refugees see double standards in Europe’s embrace of Ukrainians
By Hassan Hankir and Hams Rabah SIDON, Lebanon/AMMAN – Syrian refugee Ahmad al-Hariri, who fled the war in his country for neighbouring Lebanon 10 years ago, spent the last decade hoping in…
Asian equities see outflows for second straight month in Feb
By Gaurav Dogra – Asian equities suffered a second successive month of outflows in February as investors jettisoned riskier assets due to rising tensions between Russia and Ukraine and on fears of…
Inflation-protected funds see big outflows after feverish 2021
By Patturaja Murugaboopathy – Global inflation-protected bond ETFs have seen huge outflows this year, despite rising inflation levels, as investors prepare for price pressures to be tamed eventually by central banks. According…
Border Patrol Agents See a Rise in Train Rescues
DEL RIO, Texas – U.S. Border Patrol agents assigned to the Del Rio Sector encountered more than 30 migrants, trapped in rail cars, in 48 hours. On Feb. 28., at approximately 7:45 a.m.,…
Sanctions hit will see Russia economy contract 20% Q/Q in second quarter – JPMorgan
LONDON – Russia’s economy is expected to contract 20% in the second quarter and by around 3.5% for the full year following intensified sanctions, JPMorgan said on Monday. “If these new sanctions…
Japan sets out plans to defend supply chains, see off hackers
TOKYO – Japan will step up spending to strengthen its supply chains and do more to guard against cyberattacks launched through imported systems and software under draft legislation approved by the cabinet…
Gold ETFs see big inflows on rising geopolitical concerns
By Patturaja Murugaboopathy and Swati Verma – Exchange-traded funds (ETFs) that invest in gold and other precious metals have seen massive inflows as investors rush to shield themselves against the rising geopolitical…
Activision’s mobile gaming unit to see leadership changes ahead of Microsoft deal
– Video game maker Activision Blizzard Inc’s mobile gaming unit, King, said on Wednesday two of its senior executives, including a co-founder, would leave the company before its deal with Microsoft Corp.…
U.S. Treasuries see biggest inflows in two years as recession risks rise – BofA
LONDON – Investors pumped money into U.S. Treasuries at the fastest pace in nearly two years in the week to Wednesday and yanked funds out of cash, inflation-linked debt and credit as…
Japan’s firms see one-time bonuses, not permanent increases, lifting pay
By Tetsushi Kajimoto TOKYO – More than two-thirds of Japanese firms don’t plan to raise base salaries at this year’s labour talks, a Reuters poll showed, with pay increases more likely to…
Marriott, AirBnB, others see global travel rebounding in 2022
By Danielle Kaye NEW YORK – Marriott and Hilton, two of the biggest U.S. hotel chains, told investors they expect people to resume packing their bags for business and leisure this year…
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