Daughter of billionaire businessman selling Wash Park mansion for $6M

The daughter of David Bonderman, a billionaire businessman and co-founder of the Seattle Kraken hockey team, has put her Wash Park home on the market for $6 million. Samantha Holloway listed her 8,300-square-foot home at 1001 S. High St. at the end of July. Holloway was appointed chair of the executive committee of Seattle Hockey Partners, the group that guides […]

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SAS and pilots to resume negotiations on Monday after 14 days of strike -NRK

STOCKHOLM (Reuters) – Ailing Scandinavian airline SAS and striking pilot unions will resume negotiations on Monday, public broadcaster NRK said, after failing to reach new collective agreements over the weekend.FILE PHOTO: SAS airplanes are parked at the Oslo Airport Gardermoen, as Scandinavian airlines (SAS) pilots go on strike, Norway July 4, 2022. Beate Oma Dahle/NTB via REUTERS Most SAS pilots […]

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Road to Retirement: Batten down the hatches

Well, here we are on the cusp of another bear market. If the S&P 500 falls a few more percentage points from the time of the writing of this column, we’ll be in our fourth bear market in 22 years. Bear markets are generally defined as declines of 20% or more. We can debate until the cows come home why […]

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Wall Street opens higher as economic data allays growth worries

Slideshow ( 2 images )(Reuters) – U.S. stock indexes opened higher on Friday as data showed strength in consumer spending and signs of peaking inflation, providing relief to investors worried about a sharp slowdown in economic growth. The Dow Jones Industrial Average rose 97.90 points, or 0.30%, at the open to 32,735.09. The S&P 500 opened higher by 19.59 points, […]

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India's top crypto app CoinSwitch calls for regulatory 'peace, certainty'

DAVOS, Switzerland (Reuters) – India must establish rules on cryptocurrencies to resolve regulatory uncertainty, protect investors and boost its crypto sector, CoinSwitch CEO Ashish Singhal said on Sunday.FILE PHOTO: Souvenir tokens representing cryptocurrency Bitcoin plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoAlthough India’s central bank has backed a ban on cryptocurrencies over risks to financial […]

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New Zealand government forecasts narrower deficit for 2021/22

WELLINGTON (Reuters) – New Zealand’s government on Thursday increased income support and promised significant investment in the health sector while forecasting that returning the budget to surplus would take longer than previously forecast.FILE PHOTO – Cranes located on construction sites are seen in central Auckland, New Zealand, June 25, 2017. REUTERS/David GrayThe deficit for the current financial year, ending on […]

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Russian inflation jumps to 17.83% in April, highest since early 2002

(Reuters) – Consumer inflation in Russia accelerated in April to 17.83% in year-on-year terms, its highest level since January 2002, data showed on Friday, as it got a boost from the volatile rouble and unprecedented western sanctions that disrupted logistics chains.FILE PHOTO: A general view shows the Central Bank headquarters in Moscow January 30, 2015. REUTERS//But monthly inflation slowed to […]

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U.S. import prices unchanged as petroleum costs drop

WASHINGTON (Reuters) – U.S. import prices were unexpectedly flat in April as a decline in the cost of petroleum offset gains in food and other products, a further sign that inflation has probably peaked, though it will remain elevated.Slideshow ( 2 images )The unchanged reading in import prices followed a 2.9% surge in March, the Labor Department said on Friday. […]

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