S&P 500 sinks to two-year low as bear market deepens

S&P 500 lowest since November 2020 Utilities and consumer discretionary sectors lead declines Investors worried about slowing corporate earnings growth Indices: Dow -0.74%, S&P 500 -0.57%, Nasdaq -0.24% Sep 27 (Reuters) – Wall Street sank deeper into a bear market on Tuesday, with the S&P 500 hitting a two-year intraday low as Federal Reserve policymakers … Read more

Philippines to shut 175 offshore gambling firms, deport 40,000 Chinese workers

A casino dealer collects chips at a roulette table in Pasay City, Metro Manila, the Philippines March 27, 2015. REUTERS/Erik De Castro Join now for FREE unlimited access to Reuters.com Register MANILA, Sept 26 (Reuters) – The Philippines will shut down the operations of 175 offshore gambling companies and expel around 40,000 Chinese workers, a … Read more

Sunwing union opposes Canadian carrier’s plans to hire foreign pilots

Canada’s Liberal Prime Minister Justin Trudeau makes an announcement inside the Sunwing Airlines hangar during his campaign tour in Mississauga, Ontario, Canada, September 3, 2021. REUTERS/Carlos Osorio/File Photo Join now for FREE unlimited access to Reuters.com Register September 25 (Reuters) – The pilots’ union at Sunwing Airlines said it was urging the Canadian government to … Read more

Wall St Week Ahead Investors wonder when vicious sell-off in U.S. stocks will end

A specialist trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 22, 2022. REUTERS/Brendan McDermid Join now for FREE unlimited access to Reuters.com Register NEW YORK, Sept 23 (Reuters) – A week of heavy selling has rocked U.S. stocks and bonds, and many investors are bracing for … Read more

Stocks tumble, dollar soars and bonds plunge as recession fears grow

Dow ready to confirm its bear market MSCI All-World Index at 2-year low The dollar hits a new high in two decades Pound, gilts sell off after UK ‘mini-budget’ NEW YORK/LONDON, Sept 23 (Reuters) – U.S. and European stocks fell on Friday, the dollar hit a 22-year high and bonds sold off again as fears … Read more

Project Veritas loses jury verdict to Democratic consulting firm

Political activist James O’Keefe, currently CEO of Project Veritas, speaks during the annual meeting of the Conservative Political Action Conference (CPAC) in National Harbor near Washington, United States, March 1, 2019. REUTERS/Yuri Gripas/File Photo/File Photo Join now for FREE unlimited access to Reuters.com Register September 23 (Reuters) – A federal jury has found Project Veritas, … Read more

IDB directors unanimously recommend firing of Claver-Carone after ethics probe

Visitors walk past a display bearing the Banco Interamericano de Desarrollo (BID) logo at the Atlapa convention center in Panama City March 13, 2013. REUTERS/Carlos Jasso Join now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 22 (Reuters) – The board of directors of the Inter-American Development Bank voted unanimously on Thursday to recommend … Read more

U.S. lawmakers pile pressure on big banks over China ties, Taiwan

Join now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 22 (Reuters) – Top U.S. bankers on Wednesday came under pressure from lawmakers to take a tougher stance on trade relations with China amid growing tensions between Washington and Beijing over Taiwan sovereignty. and China’s human rights record. In a hearing before the U.S. … Read more

Dollar soars to two-decade high as Putin shakes FX market ahead of Fed

Join now for FREE unlimited access to Reuters.com Register Dollar index hits two-decade high The euro drops to its lowest level in two decades Putin announces partial troop mobilization for Ukraine Markets assess Fed hawkishness in Powell briefing LONDON/NEW YORK, Sept 21 (Reuters) – The dollar hit a new two-decade high on Wednesday just ahead … Read more

Renters occupy rising share of newer homes in Canada, census shows

A construction worker works on a new home in Ottawa, Ontario, Canada, May 27, 2021. REUTERS/Patrick Doyle Join now for FREE unlimited access to Reuters.com Register OTTAWA, Sept 21 (Reuters) – Renters are increasingly likely to occupy newer homes in Canada, suggesting investors could displace owner-occupiers as the country seeks to emerge from a crisis … Read more