Key New York tunnel project wins $3.8 billion in new US support -senators
By David Shepardson WASHINGTON (Reuters) – The Biden administration will award $3.8 billion to help build a long-delayed new railway tunnel between New York
JLL weathers high interest rates, eyes upswing in high-end urban real estate
Jones Lang LaSalle Inc. (NYSE: JLL), a prominent player in the commercial real estate industry, is demonstrating resilience amid the Federal Reserve’s continued high-interest
Fed’s Bostic, cheered by jobs data, still leans against further rate hikes
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Atlanta President Raphael Bostic, weighing in after the release of the latest round
As US job market cools, Fed’s own job gets easier
By Ann Saphir and Howard Schneider (Reuters) -Slowing jobs growth and cooling wage pressures may give Federal Reserve policymakers renewed confidence the U.S. economy
Canada warns of economic uncertainty if Alberta quits national pension plan
OTTAWA (Reuters) -Canada will face rising economic uncertainty if the province of Alberta carries out a threat to withdraw from the Canada Pension Plan
Stocks jump, dollar and yields drop after US jobs market softens
By Caroline Valetkevitch NEW YORK (Reuters) – Global stock indexes rose sharply, the U.S. dollar dropped to a six-week low and benchmark 10-year U.S.
Elliott Management sues US SEC for records on swaps rules
By Svea Herbst-Bayliss and Jonathan Stempel (Reuters) – Elliott Investment Management, one of the world’s biggest hedge fund firms, on Friday sued the U.S.
Bank of Canada voices concerns about variable rate mortgage products -Bloomberg News
(Reuters) -The Bank of Canada has urged banks to reconsider offering variable rate mortgages with fixed payments, concerned about the number of borrowers faced
Stock investors see green light in falling Treasury yields
By David Randall NEW YORK (Reuters) -Hopes that a rout in Treasuries has run its course are tempting some investors back into the U.S.
‘Fraudsters, hucksters and scam artists’: Gensler defends SEC track record on crypto in wake of FTX scandal.
As disgraced FTX founder Sam Bankman-Fried awaits sentencing for orchestrating one of the largest financial frauds in U.S. history, Securities and Exchange Commission Chairman
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