Updated Dec. 22, 2023 11:13 am ET TOKYO—Japan will provide Patriot missiles to the U.S., bolstering global stocks as Ukraine defends itself from a new wave of Russian missile attacks, the U.S. and Japanese governments said. Tokyo is set to transfer dozens of the interceptor missiles, which are used to shoot down ballistic missiles and other aerial threats, … Read more
Updated Dec. 22, 2023 11:08 am ET North Korea appears to be operating a more powerful reactor for producing plutonium at its main nuclear site for the first time, the United Nations atomic agency said late Thursday, days after Pyongyang tested an intercontinental ballistic missile that could reach across the U.S. International Atomic Energy Agency … Read more
Updated Dec. 9, 2023 12:32 pm ET Listen to article (2 minutes) Israeli soldiers clashed with Hamas militants in the narrow streets of some of Gaza City’s oldest and most crowded neighborhoods, with blasts severely damaging a large seventh-century mosque and setting some residential buildings ablaze. The Israeli military on Saturday instructed the remaining residents … Read more
Watch out tech stocks. Real estate finished November as the second best performing group in the S&P 500 Index. The sector added 12%, nipping at the heels of tech’s 13% gain. The momentum was fueled by—as with most everything right now—bets the US Federal Reserve is not only done raising rates, but will begin cutting … Read more
SALT LAKE CITY, Nov. 27, 2023 /PRNewswire/ — Extra Space Storage Inc. (“Extra Space”) (NYSE: EXR), a leading owner and operator of self-storage facilities in the United States and a member of the S&P 500, today announced that its operating partnership, Extra Space Storage LP (the “operating partnership”), has priced a public offering of $600 million … Read more
There’s a lot of optionality left, both in the economy and in the interest rate outlook. The US economy is slowing, but by how much, we still don’t know. That means we have a period of volatility still in front of us for asset markets. Still, the risk-reward for US government bonds and mortgages looks … Read more
Former US President Donald Trump appeared in court on Tuesday for the third week of a civil fraud trial in New York, on October 17, 2023. Fatih Akta | Anadolu Agency | Getty Images Donald Trump and his co-defendants asked a judge Wednesday to grant a mistrial in the $250 million civil business fraud case … Read more
In a shot across the bow to the digital payments industry, the U.S. Consumer Financial Protection Bureau (the Bureau) has issued a proposed rule to expand its oversight authority to nonbank providers of consumer payment apps. These apps include digital wallets, funds transfer services, and P2P apps—for both U.S. dollar payments and, surprisingly, also bitcoin … Read more
STOCKHOLM, Nov. 13, 2023 /PRNewswire/ — Skanska has signed a contract with Texas State University System to build a new STEM (Science, Technology, Engineering, and Math) building located on The Texas State University System’s San Marcos campus in Texas, USA. The contract is worth USD 100M, about SEK 1.1 billion, which will be included in … Read more
Bollywood actor Ranveer Singh Bhavnani has sold two flats in suburban Western Express Highway for a consideration of Rs 15.25 crore. The flats with an area of Rs 1,324 sq feet each was registered with a total stamp duty of Rs 91 lakhs. The flat is located on the 43rd floor of Oberoi Exquisite in … Read more