NEW YORK (Reuters) - U.S. Securities and Exchange Commission Chairman Jay Clayton said on Tuesday that the SEC has formed a group to examine fixed-income markets with the goal of protecting retail... [Source]
(Reuters) - Returning to playing tennis again was all Petra Kvitova could have hoped for after being stabbed in the hand last December and the twice Wimbledon champion is glad that a tough and emotional year is coming to an end.
NEW YORK (Reuters) - New York's poorest neighborhoods are home to the city's student borrowers under the most stress, according to a central bank report released on Friday showing "troublingly high" loan default and delinquency rates mainly in the Bronx and Brooklyn.
BOSTON (Reuters) - John Griffin is shutting his $6 billion Blue Ridge Capital hedge fund after more than two decades, becoming the latest high profile investor to liquidate his business as industry...
COPENHAGEN (Reuters) - Following a string of food safety scandals, Chinese tourists visiting Copenhagen have this year stocked up on Danish-made organic infant milk formula, prompting some supermarkets to limit the number of cans each customer can buy.
LONDON, Dec 15 (Reuters) - World shares fell on Friday and the dollar slipped against major and heavyweight emerging market currencies, as nagging uncertainty about a U.S. tax cuts package dovetailed with broad-based end-of-year caution.
TOKYO, Dec 15 (Reuters) - Asian shares erased earlier modest gains on Friday with sentiment dented by Wall Street's weakness on concerns about the progress of U.S. tax reform, though regional stocks remain on track for a weekly rise.
TOKYO, Dec 15 (Reuters) - Asian shares erased earlier modest gains on Friday but were still on track for a weekly rise, as sentiment was hurt by Wall Street's weakness on concerns about the progress of U.S. tax reform.
TOKYO, Dec 15 (Reuters) - Asian shares edged higher on Friday, on track for weekly gains, though sentiment was kept in check by Wall Street's weakness on concerns about the progress of U.S. tax reform.
(Updates prices) By Bruno Federowski SAO PAULO, Dec 14 (Reuters) - Brazil's real on Thursday sank to a nearly six-month low after lawmakers delayed a vote on a bill to cut social security benefits that is seen as a key measure to rein in the deficit. Mexico's peso sank nearly 0.8 percent, only briefly paring losses after the country's central bank raised interest rates, while Chile's peso gained more than 1 percent to a two-week high, helped by rising prices for copper, the country'
NEW YORK (Reuters) - New York and New Jersey on Thursday committed $1.75 billion and $1.9 billion, respectively, to fund a new rail tunnel underneath New York's Hudson River, part of an urgent program to expand and renovate Amtrak's aging and heavily traveled Northeast Corridor line.
NEW YORK (Reuters) - The New York Times on Thursday named a new publisher in 37-year-old A.G. Sulzberger, a fifth-generation descendant of Times leaders whose internal report on innovation has guided a newspaper known as "The Gray Lady" into the digital era.
NEW YORK, Dec 14 (Reuters) - The New York Times on Thursday named a new publisher in 37-year-old A.G. Sulzberger, a fifth-generation descendant of Times leaders whose internal report on innovation has guided a newspaper known as "The Gray Lady" into the digital era.
Sources in the Senate tell CNN they have been worried about Sen. John McCain recently, following a week when the Arizona Republican was kept from the Senate to address side effects from his brain cancer treatment.
WASHINGTON, Dec 14 (Reuters) - New York Attorney General Eric Schneiderman and at least two other state law enforcement chiefs said on Thursday he would lead a multi-state legal challenge to the U.S. Federal Communications Commission vote to reverse landmark 2015 net neutrality rules.
WASHINGTON, Dec 14 (Reuters) - New York Attorney General Eric Schneiderman said on Thursday he would lead a multi-state legal challenge to the U.S. Federal Communications Commission vote to reverse landmark the 2015 net neutrality rules.
(Reuters) - Mehmet Hakan Atilla, a Turkish banker accused of taking part in a scheme to help Iran evade U.S. sanctions, plans to testify in his own defense at his trial in New York, his lawyers said Thursday.
By Bruno Federowski SAO PAULO, Dec 14 (Reuters) - The Brazilian real on Thursday hit a fresh seven-month low after the lower house of Congress delayed to February a vote on a key bill to cut social security benefits. President Michel Temer had said he hoped for a vote by Tuesday, but he has struggled to rally lawmaker support for the unpopular pension cuts, which many investors consider essential to reining in Brazil's surging public debt. Lower House Speaker Rodrigo Maia said th
LONDON, Dec 14 (Reuters) - European shares and the euro dipped on Thursday as cautious comments on inflation from the U.S. Federal Reserve gave investors pause before a series of central bank decisions in Europe.
LONDON, Dec 14 (Reuters) - Emerging equities rose to a near two-week high on Thursday after the U.S. Fed delivered a widely-expected rate rise but remained cautious on the inflation outlook, while Turkey's lira slipped before a central bank meeting.
Visit the New York City that could have been in this 360 video and explore the exhibition at the Queens Museum called â€œNever Built New York,â€ showcasing hundreds of projects that could have dramatically changed the look of the city.
TOKYO, Dec 14 (Reuters) - Asian stocks generally rose on Thursday after the Federal Reserve delivered a much-anticipated interest rate hike, while its caution on inflation tempered expectations for 2018 tightening, weighing on the dollar and Treasury yields.
TOKYO, Dec 14 (Reuters) - Asian stocks edged higher on Thursday after the Federal Reserve delivered a much-anticipated interest rate hike but flagged caution about inflation, tempering expectations for future tightening, which weighed on the dollar and Treasury yields.
By Bruno Federowski and Sheky Espejo Dec 13 (Reuters) - Mexico's peso currency and stocks firmed on Wednesday after the U.S. Federal Reserve raised the cost of borrowing, but did not signal that it could pick up the pace of rate hikes next year. Signs of quicker U.S. economic growth had prompted speculation that the Fed could have forecast more rate hikes next year. But the U.S. central bank's forecast of three hikes in 2018 and 2019 was unchanged from its projections in September.
NEW YORK (Reuters) - A former elected official of a New York City suburb was sentenced to 2-1/2 years in prison on Wednesday following his conviction in what U.S. prosecutors have called the first criminal securities fraud case brought over municipal bonds.
NEW YORK (Reuters) - The Bangladeshi man accused of attempting a suicide bombing in a busy New York City commuter hub will remain in federal custody while he awaits trial on charges that include supporting a foreign terrorist organization, a judge ruled on Wednesday.
COPENHAGEN/LONDON (Reuters) - Activist hedge fund Primestone Capital on Wednesday urged U.S. cleaning equipment company Tennant and Danish peer Nilfisk to consider merging after building up minority...
NEW YORK (Reuters) - DoubleLine CEO Jeffrey Gundlach said on Wednesday that his best investment idea for the new year is commodities, against the backdrop of increasing global economic activity and...
LONDON, Dec 13 (Reuters) - Emerging stocks and currencies sailed higher on Wednesday ahead of an expected Federal Reserve interest rate hike, lifted by U.S. assets nursing losses after President Donald Trump's Republicans suffered an election defeat.
LONDON, Dec 13 (Reuters) - Global shares were within a whisker of another record high on Wednesday as markets traded on expectations of a third U.S. interest rate hike of the year, and waited to hear from the Federal Reserve how many more are likely in 2018.
TOKYO, Dec 13 (Reuters) - U.S. stock futures, Treasury yields and the dollar dipped on Wednesday as Democrat Doug Jones beat Republican Roy Moore in a bitter U.S. Senate race in Alabama, while Asian shares gained as crude oil futures took back some lost ground.
TOKYO, Dec 13 (Reuters) - Asian shares were treading water in early trade on Wednesday as crude oil futures steadied after a selloff, while a widely expected interest rate hike from the Federal Reserve underpinned the dollar.
NEW YORK (Reuters) - The funded status of 100 of the largest U.S. public pension plans grew by $36 billion in third quarter of 2017, boosted by strong equity returns, according to a report released...
(Reuters) - Canadian asset manager Desjardins Group is partnering with five credit union centrals and insurer Cumis Group to form a wealth management firm with about C$55 billion ($42.74 billion) in...
(Reuters) - The English city of York rejected Uber's licence renewal on Tuesday, citing concerns about the ride-hailing app's data breach and the number of complaints received, a city council spokesperson said.
* APPLICATION BY UBER TO RENEW ITS PRIVATE HIRE OPERATORâ€™S LICENCE IN YORK HAS BEEN CONSIDERED BY CITY OF YORK COUNCILâ€™S GAMBLING, LICENSING AND REGULATORY COMMITTEE- CITY OF YORK COUNCIL SPOKESPERSON
NEW YORK (Reuters) - Major U.S. and European stock indexes advanced on Tuesday, ahead of a meeting of U.S. Federal Reserve policymakers, while oil prices reached $65 per barrel earlier in the day for the first time since mid-2015.
BOSTON, Dec 12 (Reuters) - New York State Comptroller Thomas DiNapoli plans to withdraw a shareholder proposal it had filed for Exxon Mobil Corp annual meeting next year, his office said in a press release on Tuesday.
SAO PAULO, Dec 12 (Reuters) - Brazil's benchmark Bovespa index led declines among Latin American equities markets on Tuesday, falling more than 1 percent amid persisting uncertainty over the passage of pension reform legislation seen as key to the nation's fiscal health. Speaking to journalists in Argentina late on Sunday, President Michel Temer said a vote on streamlining Brazil's social security system could be delayed until early 2018 as the government struggles to gather support amon
DHAKA/NEW YORK (Reuters) - New York officials on Tuesday said they charged a Bangladeshi man with terrorism, accusing him of setting off a pipe bomb a day earlier in a crowded Manhattan commuter hub, as investigators in his home country questioned his wife.
NEW YORK (Reuters) - Investigators are searching for reasons a Bangladeshi man set off a bomb strapped to his body in a New York City commuter hub during the morning rush hour in what is being characterized as an attempted terrorist attack.
BOSTON (Reuters) - Vanguard Group Inc is moving to use blockchain to simplify how it updates index data underlying mutual funds, executives said on Monday, an important sign of confidence for the new...
LONDON, Dec 12 (Reuters) - Oil prices jumped to their highest in more than two years on Tuesday after the shutdown of a North Sea pipeline knocked out significant supply from an already tightening market.
LONDON, Dec 12 (Reuters) - Emerging equities fell on Tuesday after two days of strong gains as markets looked to a U.S. Federal Reserve meeting and potential policy tightening in China, though a rise in the oil price to mid-2015 highs underpinned energy producers.
LONDON, Dec 12 (Reuters) - Oil prices jumped on Tuesday after the shutdown of a North Sea pipeline knocked out significant supply from an already tightening market, while world stocks took a break from a three-day rally.
Retired basketball player Charles Barkley spoke at an event for Alabama Democrat Doug Jones where he urged voters to "stop making Alabama looking like idiots" and not vote for Republican candidate Roy Moore.
SYDNEY, Dec 12 (Reuters) - Asian shares were trying to string together a fourth session of gains on Tuesday as optimism about global growth looked set to outlast an almost certain hike in U.S. borrowing costs this week.
NEW YORK (Reuters) - A Bangladeshi man set off a homemade pipe bomb strapped to his body in a crowded New York City commuter hub during the morning rush hour on Monday, officials said, immediately calling it an attempted terrorist attack.
By Felipe Iturrieta and Bruno Federowski SAO PAULO, Dec 11 (Reuters) - Chilean stocks rose more than 2 percent on Monday, their highest daily rise in almost two years, driven by foreign buyers in large stocks and higher prices for copper, the country's main export. The IPSA index rose 2.69 percent to 5,018.67 points, its best performance since January 2016. The copper reference price on the London Metals Exchange rose 1.5 percent, its largest daily rise in almost two months. Shar
BOSTON, Dec 11 (Reuters) - A large New York state retirement plan said on Monday it would keep a popular Fidelity tech fund, whose portfolio manager recently left the company after being accused of sexual harassment, to manage about 10 percent of its assets.
BOSTON (Reuters) - A popular Fidelity Investments tech fund, whose manager left the company after being accused of sexual harassment, has retained a mandate to manage more than $2 billion for a New...
BOSTON, Dec 11 (Reuters) - A popular Fidelity Investments tech fund, whose manager left the company after being accused of sexual harassment, has retained a mandate to manage more than $2 billion for a New York state retirement plan.
NEW YORK (Reuters) - A Bangladeshi man with a homemade bomb strapped to his body set off an explosion at a New York commuter hub during rush hour on Monday morning, wounding himself and three others in what New York Mayor Bill de Blasio called an attempted terrorist attack.
(Reuters) - Marcato said on Monday it was open to a proposal by Deckers Outdoor Corp's board to interview the activist investor's nominees only if the footwear maker was willing to reach a settlement...
NEW YORK (Reuters) - An explosion rocked New York's Port Authority Bus Terminal, one of the city's busiest commuter hubs, on Monday morning and police said one suspect was injured and in custody, with three other injuries reported.
A pipe bomb may have unintentionally detonated during the busy commute, New York police sources tell CNN
Police are responding to reports of a possible explosion on the A, C and E subway lines near 42nd Street and Eighth Avenue, New York Police Department Sgt. Brendan Ryan said Monday. The trains are being evacuated, he said.
LONDON, Dec 11 (Reuters) - A weaker dollar and better-than-forecast economic data briefly lifted the Turkish lira to two-week highs on Monday, against a backdrop of generally firmer emerging assets and a half-percent rise in emerging equities.
LONDON, Dec 11 (Reuters) - World stocks climbed and equity volatility neared a record low on Monday as investors focused on signs of strong economic growth ahead of a slew of central bank rate decisions, while the launch of bitcoin futures fed the market's cryptocurrency obsession.
PARIS (Reuters) - The French government opened the way on Friday for trading unlisted securities using blockchain digital ledgers with the adoption of new rules aimed at improving Paris' image as a center for financial innovation.
LONDON (Reuters) - London's financial industry welcomed progress on a divorce deal with the European Union on Friday but said it saw little reason to alter preparations for when Britain leaves the EU.
By Bruno Federowski SAO PAULO, Dec 8 (Reuters) - Latin American currencies seesawed on Friday after U.S. job growth posted solid gains in November but wages rose less than expected. U.S. nonfarm payrolls rose by 228,000 jobs last month amid broad gains in hiring as the distortions from the recent hurricanes faded. Still, average hourly earnings rose 0.2 percent, less than the 0.3 percent consensus estimate. The figures left investors guessing over the pace of U.S. interest rate h
SAN CRISTOBAL/MARACAIBO, Venezuela (Reuters) - Venezuela's critical medicine shortage has spurred "medical flea markets," where peddlers offer everything from antibiotics to contraceptives laid out among the traditional fruits and vegetables.
BUDAPEST, Dec 8 (Reuters) - Hungary's forint touched its lowest level for the year on Friday after November inflation data signalled no imminent change to maintaining the central bank's ultra-loose monetary policy stance. At 0918 GMT, the forint was a touch weaker on the day, rebounding from a 2017 low of 315.18 versus the euro. Hovering around the key 315 line, the forint has extended its losses for the year and is underperforming both the Polish zloty and the Czech crown . Anal
SYDNEY, Dec 8 (Reuters) - Asian shares rallied for a second session on Friday as economic news from China and Japan beat all expectations and investors marvelled at the meteoric ascent of bitcoin, the market's new crypto-star.
SYDNEY, Dec 8 (Reuters) - Asian shares rallied for a second session on Friday as economic news from China and Japan beat all expectations, and investors marvelled at the meteoric ascent of the market's new crypto-star, bitcoin.
SYDNEY, Dec 8 (Reuters) - Asian shares rallied for a second session on Friday as investors awaited major economic data from China and the United States while marvelling at the meteoric ascent of the market's new crypto-star, bitcoin.
NEW YORK (Reuters) - U.S.-based stock ETFs attracted $14.6 billion of inflows in the week ended Wednesday, their 10th consecutive week of inflows and the largest since June, illustrating investors'...
(Reuters) - New York state Comptroller Thomas DiNapoli is asking Wells Fargo & Co to disclose more information about employee incentive pay, an issue that was at the heart of a scandal that has roiled the third-largest U.S. lender for more than a year.
By Bruno Federowski SAO PAULO, Dec 7 (Reuters) - Brazilian markets plummeted on Thursday after President Michel Temer's administration failed to gather enough support from lawmakers to put a pension overhaul plan to a vote. A senior lawmaker said on Wednesday that the government's coalition expected to have enough votes later that day to pass the bill, which investors see as crucial to curbing public debt. But a failure to do so led policymakers to put off a decision, originally
NEW YORK (Reuters) - Influential bond investor Bill Gross of Janus Henderson Investors warned Thursday the Federal Reserve should be "more cautious and easier" in its interest-rate hiking campaign,...
LONDON (Reuters) - London-based hedge fund manager Glen Point Capital, which raised cash from billionaire George Soros, has opened an office in New York, three sources with direct knowledge of the matter said.
LONDON, Dec 7 (Reuters) - The dollar rose to its highest level in two weeks on Thursday over optimism the United States would successfully push through tax reforms, while world shares rebounded after two straight days of losses.
TOKYO, Dec 7 (Reuters) - Asian shares hovered above two-month lows on Thursday as some high-tech bellwethers bounced back after a searing sell-off although softer oil and copper prices and uncertainty over U.S. policy kept many investors cautious.
NEW YORK (Reuters) - Sometimes in life, the best teachers are not elder statesmen who have been around for decades. Sometimes we can learn the most from young entrepreneurs who are creating something...
TOKYO, Dec 7 (Reuters) - Asian shares held close to a two-month low on Thursday as softer oil and copper as well as U.S. policy uncertainty kept sentiment in check, while high-tech stocks struggled to recover after a searing sell-off.
WASHINGTON (Reuters) - A group of Democratic lawmakers on Wednesday wrote to Jared Kushner, U.S. President Donald Trump's son-in-law and adviser, asking whether in his talks with foreign officials he had ever discussed financing for a deeply indebted Kushner Companies property in Manhattan.
BOSTON (Reuters) - Proxy advisory firm Institutional Shareholder Services on Wednesday switched its recommendation in one of the season's most hotly contested proxy contests to suggest shareholders...
LONDON, Dec 6 (Reuters) - Tremors in technology stocks spread to Europe and were set to dent U.S. trading on Wednesday, with weaker metals prices and flagging financials also tripping up a rally that had taken world equities to record highs.
LONDON, Dec 6 (Reuters) - Emerging equities tumbled to near two-month lows on Wednesday as geopolitical concerns over North Korea and the Middle East soured risk sentiment and investors continued a rotation out of tech stocks, hitting index heavyweights in Asia.
(Updates prices, adds details on Mexican stock index) SAO PAULO, Dec 5 (Reuters) - Mexico's S&P/BVM IPC share index rose 0.64 percent on Tuesday, recovering some ground after falling last week to its lowest level since March. Banorte bank pushed the gains, with its shares rising 2.60 percent as it announced that shareholders approved its acquisition of Grupo Financiero Interacciones, a deal that will create the country's second-biggest bank. The Mexican peso weakened in respons
NEW YORK (Reuters) - DoubleLine Capital Chief Executive Jeffrey Gundlach, who voted for President Donald Trump, warned on Tuesday that it is a "strange environment" to be cutting U.S. corporate taxes...
NEW YORK (Reuters) - Intercontinental Exchange Inc has put a lot of thought into the idea of futures contracts on cryptocurrencies like bitcoin, but has yet to move forward due to the opaque nature of the underlying markets, the New York Stock Exchange owner's chief executive officer said on Tuesday.