Business

US business inventories nudge up in December

Friday, March 6 by SRN News

WASHINGTON, March 6 (Reuters) - U.S. business inventories edged up in December amid a rebound in stocks at retailers, government data showed on Friday. Inventories increased 0.1% after being unchanged in November, the Commerce Department's Census Bureau said. Inventories are a key component of GDP and... Read More.

Canadian minister for U.S-Canada trade to meet U.S. trade chief in Washington

Friday, March 6 by SRN News

By Promit Mukherjee OTTAWA, March 6 (Reuters) - Canada's minister in charge of trade relations with the U.S., Dominic LeBlanc, will meet with his U.S. counterpart Jamieson Greer on Friday in Washington, the minister's office confirmed, as the two countries come close to an official... Read More.

Japan, Canada sign strategic agreement in defense and energy as war in Mideast fuels oil concerns

Friday, March 6 by SRN News

TOKYO (AP) - Japan and Canada signed a strategic agreement Friday aimed at strengthening cooperation in defense, economic and energy security as military strikes on Iran by the United States and Israel fueled concern about international oil supplies. Japan's Prime Minister Sanae Takaichi and her... Read More.

Americans stuck in the Middle East recount finding their way home with little government help

Friday, March 6 by SRN News

Alyssa Ramos' evacuation from Kuwait involved a 48-hour journey across four continents. The U.S. government did not help with any of it, the travel blogger said. "They keep going on the news and saying they're doing everything they can to get Americans out," Ramos said... Read More.

Fed rate cut bets rise after weak jobs data

Friday, March 6 by SRN News

By Howard Schneider and Ann Saphir March 6 (Reuters) - New signs of labor weakness and oil-driven inflation concerns may saddle U.S. Federal Reserve officials with a choice they'd hoped to avoid between ensuring prices remain contained or keeping a possibly wobbly job market on... Read More.

Canaccord Genuity fined $20 million by US SEC

Friday, March 6 by SRN News

March 6 (Reuters) - The U.S. Securities and Exchange Commission said on Friday it fined Canaccord Genuity $20 million for failing to file approximately 150 suspicious activity reports. Canaccord did not admit or deny wrongdoing in agreeing to pay the civil fine. It also agreed... Read More.

Analysis-Investors cling to shock-absorber trades as Iran war brings economic visibility to zero

Friday, March 6 by SRN News

By Amanda Cooper LONDON, March 6 (Reuters) - Some of the most crowded trades of the past year are emerging as the key shock absorbers for any potential market pain as war in the Middle East moves into a second week, bringing visibility over inflation... Read More.

Robinhood’s $658 million private markets fund for retail investors goes public

Friday, March 6 by SRN News

By Manya Saini March 6 (Reuters) - Robinhood debuted its flagship $658.4 million venture fund on the New York Stock Exchange on Friday, offering retail investors a rare chance to invest in high-profile, privately held technology companies. Private company investments have long been the playground of... Read More.

Wall St opens lower as Middle East turmoil, weak jobs report weigh

Friday, March 6 by SRN News

March 6 (Reuters) - Wall Street's main indexes opened lower on Friday as the conflict raging in the Middle East threatened to fuel inflation through higher energy costs and data showed the economy unexpectedly shed jobs in February. The Dow Jones Industrial Average fell 320.2... Read More.

Blue Owl has $48 million exposure to collapsed UK property lender, Bloomberg News reports

Friday, March 6 by SRN News

March 6 (Reuters) - Alternative asset manager Blue Owl has a 36 million pound ($48 million) exposure to Century Capital Partners Ltd, a London-based property lender that entered administration last month, Bloomberg News reported on Friday. The U.S. private-credit firm, which manages $307 billion in... Read More.

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Current Weather

US business inventories nudge up in December

Canadian minister for U.S-Canada trade to meet U.S. trade chief in Washington

Japan, Canada sign strategic agreement in defense and energy as war in Mideast fuels oil concerns

Americans stuck in the Middle East recount finding their way home with little government help

Fed rate cut bets rise after weak jobs data

Canaccord Genuity fined $20 million by US SEC

Analysis-Investors cling to shock-absorber trades as Iran war brings economic visibility to zero

Robinhood’s $658 million private markets fund for retail investors goes public

Wall St opens lower as Middle East turmoil, weak jobs report weigh

Blue Owl has $48 million exposure to collapsed UK property lender, Bloomberg News reports

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