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Robinhood Markets removes three crypto tokens
June 9 (Reuters) - Robinhood Markets (HOOD.O) said on Friday it is removing three cryptocurrency tokens from its platform, days after the U.S. securities regulator's crackdown against the industry's biggest exchanges. Customers will not be able to…
Suns' decision on Chris Paul could have major impact on free-agent market
The point guard market will feature the most consequential dominoes of this NBA offseason, and that was before Chris Paul 's future in Phoenix took center stage this week, adding another marquee name to the board. The Suns met with Paul and his…
LinkedIn Bets on Skills Over Degrees as Future Labor Market Currency
As the world of work transforms, LinkedIn is betting that the way employers hire and the way people find jobs will also radically change in the years and decades ahead. LinkedIn Inc., the popular job-networking site, sees a future in which…
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China mutual fund sales dry up amid market gloom
[1/2] An investor sits in front of a board showing stock information at a brokerage office in Beijing, China, December 7, 2018. REUTERS/Thomas Peter HONG KONG, June 9 (Reuters) - Money managers in China are struggling to lure retail investors, with…
How stubborn inflation has undermined the UK housing market
Lenders have continued to raise mortgage rates, leaving buyers and homeowners struggling with costs Receive free Property sector updates We'll send you a myFT Daily Digest email rounding up the latest Property sector news every morning. Mortgage…
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Chinese investors flock to Riyadh conference seeking new markets, capital
HONG KONG/RIYADH, June 9 (Reuters) - Chinese entrepreneurs and investors are flocking to Riyadh this week to attend a business conference, which will bring together business and government leaders aiming to explore expansion and fundraising…
Duped': Inside the Black Market for Illegal Temporary License Plates
In retrospect, there were a lot of red flags. But they appeared later—not in the Craigslist ad. “Hello everyone ! Car dealership hiring drivers,” the ad began. “We pay $50 per delivery ! You can start…
This Week in China: Beijing Wants a Slow Bull Market in Stocks
China's Communist Party, which has long sought to cultivate a ‘slow' bull market in equities, is once again attempting to drive the nation's ardent savers into languishing stocks. Influential state media ran commentaries this week urging…
Surveillance: FOMO Freight Train Dominates Midyear Market Reset
The old mantra of “Don't fight the Fed” is turning into “Don't fight the FOMO.” People will hate on this stock-market rally. They'll say it's fake, or just a handful of tech stocks making everything look better than it…
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UK housing market strains grow as mortgage rates creep higher
[1/3] Houses are reflected in the door handle of a property in central London in this August 18, 2008 file photo. REUTERS/Luke MacGregor/File Photo LONDON, June 9 (Reuters) - Mortgage rates in Britain rose again on Friday as economists warned that…
Bull market in US stocks fails to lift investors' mood
Blue-chip S&P 500 index is 20% above October 2022 low but shareholders are not celebrating Receive free US equities updates We'll send you a myFT Daily Digest email rounding up the latest US equities news every morning. US stocks are motoring, but…
Bear Market Is Over-BofA Declares-But These Are The Warning Signs Others Are Watching
The S&P 500 rose to its highest level in more than a year Friday, sending stocks into a technical bull market but leading to a split among experts about whether the rally will keep on chugging or falter as it grapples with concerns that prices are…
UK Housing Trouble Amped Up by Pulled Mortgages: Markets Today
Once again, if you blinked, you missed the FTSE 100's opening gains. The UK benchmark continues this week's pattern of an upbeat start, only for its advance to evaporate within the first half hour of trading. It's testament to lingering jitters…
Stocks would fall right back into a bear market if they adopted economic view of bond market, JPMorgan says
It seems fitting that the S&P 500 SPX ended its 248 trading-day stint in a bear market on the same day that a report showed initial jobless claims at its highest level in nearly two years. Up is down, down is up, same as it ever was on Wall Street.
Marketing winners and losers of the week
This week's marketing winners, losers and newsmakers. MLS: The pro soccer league—and American soccer in general—got a massive boost this week when Lionel Messi announced he would play for MLS franchise Inter Miami in a move the Wall…
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