Sign In
Free Newsletter
Food halls and markets see rebound as COVID restrictions are eased
COVID-19 hammered local food halls and public markets, but there is growing optimism that these spaces will bounce back.
U.S. says Japan has long way to go to open markets
WASHINGTON — Japan still has a long way to go before it can say its markets are open, the top U.S. trade official said on Friday. Trade Representative Michael Froman said he hopes Japan’s recent entry into the Trans-Pacific Partnership (TPP) free trade negotiations will provide opportunities to tear down those barriers. “I think we […]
Kevin Fusco: Why persistent lack of faith in the market?
The New Year has started with a bang for equity investors; it’s just a shame there aren’t that many around anymore. Still shell-shocked from the credit crisis and bear market of 2008, many longtime stalwarts of equity investing are resolutely sitting on the sidelines, convinced that the recovery is fragile and that stocks are due […]
Markets brush off Obama win amid gridlock concerns
LONDON — The re-election of President Barack Obama gave markets a short-lived boost Wednesday, before concerns over his ability to get a budget agreement from a divided Congress and more grim economic news out of Europe turned sentiment around. Obama easily clinched a majority in the electoral college, holding on to a raft of key […]
Markets hopeful on Wall Street return after storm
LONDON — The planned return of trading on Wall Street after a two-day suspension due to superstorm Sandy helped financial markets edge higher in Europe and Asia on Wednesday. The New York Stock Exchange closed Monday and Tuesday as the storm hit the city, leaving scores dead and a massive clear-up operation. With the New […]
Wall Street still dark, exchanges test systems
NEW YORK — With lower Manhattan still largely without power Tuesday, U.S. stock exchanges tested contingency plans to ensure trading resumes as soon as possible this week after Hurricane Sandy smashed into the East Coast and shut down operations. U.S. markets will be closed for a second day, but the New York Stock Exchange said […]
Markets drop as New York battens down the hatches
LONDON — Markets started the week on a downbeat note as investors fretted over the cost of a mammoth storm that was heading towards the eastern U.S. and prompted the closure of Wall Street on Monday. Much of the East Coast, including New York and Washington D.C., were coming to a standstill as millions of […]
Food stamp cuts worry farmers at markets
Tatiana Nicolayeva, a Ukrainian immigrant, has been coming to her Park Heights neighborhood farmers market for years. She can buy produce at the grocery store down the block, but she prefers the farmers market, where she can double her food stamp value and buy more “special” produce, like watermelons and apple cider. “It is expensive […]
Kevin Fusco: Fickle markets can be like spring weather
Traditionally March is the month that comes in like a lion, and leaves like a lamb. This year unusually warm weather and no real storms to speak of kept the lion caged, and we all rejoiced in the relative calm. The financial markets have also reveled in relative calm, as the “storms” have either been […]
Kevin Fusco: Fresh start for the economy, equity markets
As the millions of Americans who recently devised resolutions will tell you, the new year offers a fresh start. It offers an opportunity to correct the mistakes of the previous year, or set forth on a better path, or even just build on last year’s successful resolution, if you were one of the few who […]
Mortgages hover near record lows
WASHINGTON — The average rate on the 30-year fixed mortgage hovered above its record low for a fourth straight week. But cheap mortgage rates have done little to boost home sales or refinancing. Freddie Mac says the rate on the 30-year fixed loan fell to 3.98 percent from 4 percent the previous week. Seven weeks […]
McDonald’s October revenue figure rises
NEW YORK — McDonald’s Corp. said Tuesday that a key revenue figure rose 5.5 percent in October, fueled by sales in China and other foreign markets and the popularity of its Monopoly game in the U.S. Revenue at stores open at least 13 months rose 5.2 percent in the U.S., 4.8 percent in Europe and […]
