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Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar/File Photo Acquire Licensing RightsSummaryCompanies Spirit Airlines slips on revenue outlook cutFord rises on plans to double production of pickup trucksConsumer prices data due at 8:30 a.m. ETFutures down: Dow 0.12%, S&P 0.12%, Nasdaq 0.15%Sept 13 (Reuters) - U.S. stock index futures inched lower on Wednesday as higher oil prices fuel worries about sticky inflation and stoke interest-rate concerns ahead of CPI data. "All indications are that higher oil costs are going to influence the headline inflation print. Investors will also closely monitor August producer prices and retail sales data on Thursday ahead of the Fed's Sept. 20 policy decision.

Persons: Mike Segar, Tim Waterer, Li Auto, Ankika Biswas, Shristi, Shubham Batra, Savio D'Souza, Vinay Dwivedi Organizations: Wall, New York Stock Exchange, REUTERS, Spirit Airlines, Dow, Nasdaq, stoke, Labor, KCM, Federal Reserve, Dow e, Apple, Li, European Commission, Sprit Airlines, Moderna, Thomson Locations: Manhattan, New York City , New York, U.S, Xpeng, Bengaluru

☆ Regrets? Medvedev has a few after US Open final defeat
▼ + stars: | 2023-09-11 | by ( Amy Tennery | ) www.reuters.com time to read: +2 min

After a lopsided first set where everything was working in Djokovic's favour, Medvedev had an excellent chance to level the match in the second set but squandered a break point at 6-5. "Second set was the best set I played and I didn't win it. "Sometimes in a Grand Slam you're not going to feel 100% and you may still win the whole thing," said Medvedev, who picked up two Masters 1000 titles in 2023. "So there is no other choice and you still want to win and just I had to be better physically, mentally, and tennis-wise." Reporting by Amy Tennery in New York; Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.

Persons: Russia's Daniil Medvedev, Serbia's Novak Djokovic, Mike Segar, Daniil Medvedev, Novak Djokovic, Medvedev, Carlos Alcaraz, Alex de Minaur, Carlos, Amy Tennery, Peter Rutherford Organizations: Serbia's Novak Djokovic REUTERS, U.S, Serb, Thomson Locations: Flushing Meadows , New York, United States, Flushing Meadows, Russian, Washington, Cincinnati, New York

☆ Serbia target Davis Cup progress with Djokovic boost
▼ + stars: | 2023-09-11 | by ( ) www.reuters.com time to read: +2 min

The world number one is set to travel to Valencia and join the Serbia team for their Davis Cup Finals group stage ties with South Korea, Spain and Czech Republic, although he is likely to feature only in the final two clashes. "We can't wait to have him for Friday," Kecmanovic told a news conference before their Group C opener against South Korea on Tuesday. "It definitely takes a little bit of the pressure off since he always carried the team so well. Defending champions Canada clinched their first title in the men's premier team event beating Australia in last year's final. They are joined by the 12 winners of the 2023 qualifiers - Chile, Croatia, Czech Republic, Finland, France, Britain, South Korea, Netherlands, Serbia, Sweden, Switzerland and the United States - apart from wild cards Italy and Spain.

Persons: Serbia's Novak Djokovic, Mike Segar, Novak, Miomir Kecmanovic, Daniil Medvedev, Margaret Court's, Kecmanovic, Carlos Alcaraz, Medvedev, Carlos, David Ferrer, Shrivathsa Sridhar Organizations: U.S, Open REUTERS, Davis, U.S ., Serbia, South, Wimbledon, Switzerland, Split, Canada, men's, Australia, Thomson Locations: Flushing Meadows , New York, United States, Serbia, New York, Valencia, South Korea, Spain, Czech Republic, Sweden, Chile, France, Netherlands, Finland, Bologna, Manchester, Malaga, Croatia, Britain, Switzerland, Italy, Bengaluru

☆ Djokovic not ready to pass the torch after 24th major win
▼ + stars: | 2023-09-11 | by ( Amy Tennery | ) www.reuters.com time to read: +4 min

His 6-3 7-6(5) 6-3 victory over Russian Daniil Medvedev brought him not only a fourth Flushing Meadows title but a record-equalling 24th Grand Slam crown, and Djokovic wants more. "Occasionally asking myself, why do I need this still at this stage after all I have done, you know? I do have these questions in my head, of course," said Djokovic. AGONY AND ECSTASYSunday's win will also go a long way to banishing some of Djokovic's less fond memories of New York. As he basked in the glory of his win, Djokovic had no words of comfort for those hoping to replace him.

Persons: Serbia's Novak Djokovic, Russia's Daniil Medvedev, Mike Segar, Novak Djokovic, Roger Federer, Rafa Nadal, Russian Daniil Medvedev, Djokovic, Taylor Fritz, Ben Shelton, Medvedev, Spain's Nadal, Casper Ruud, Roland Garros, Carlos Alcaraz, Amy Tennery, Peter Rutherford Organizations: Tennis, U.S, Russia's, Russia's Daniil Medvedev REUTERS, Russian, Wimbledon, Cincinnati, Thomson Locations: Flushing Meadows , New York, United States, New York, Flushing, Russian, Australia, U.S

Leon Neal/AFP/Getty Images2008: iPhone 3G, meet the App StoreWith the second version of the iPhone, Apple introduces the App Store and 3G connectivity. Stephen Lam/Reuters2016: iPhone SE, a budget optionTaking a step back, the iPhone SE is a cheaper, smaller device than the 6S, giving customers a chance to enjoy Apple’s phones at a much lower cost. People handle the new Apple iPhone XS and iPhone XS Max during a media tour at an Apple office in Shanghai, China, on September 21, 2018. Brendon Thorne/Bloomberg/Getty Images2020: iPhone 12 Mini, small but mightyThe iPhone 12 mini is smaller than the usual iPhone but packs a powerful punch. Mike Segar/Reuters2021: iPhone 13 Series, same price for more spaceThe iPhone 13 stays at the same price as the iPhone 12 with double the storage space, as well as featuring a much smaller top notch.

Persons: Steve Jobs, John Green, ” Jobs, Leon Neal, Justin Sullivan, Siri, FaceTime, “, ”, Jobs, Michael Nagle, Apple, Seth K, Hughes, Akio Kon, David Gray, Tim Cook, Josh Edelson, Stephen Lam, David Paul Morris, Phil Schiller, Aly Song, Max, Jason Lee, Pro Max, Phil Barker, Brendon Thorne, Mike Segar, Gabby Jones, Andrew Kelly Organizations: New, New York CNN, Apple, Macworld, Bay Area, Getty, Lightning, Bloomberg, Apple Inc, Worldwide, Steve Jobs, Steve, Pro, Future Publishing Locations: New York, San Francisco, London, AFP, San Francisco , California, New York City, Cupertino , California, Ginza, Tokyo, Japan, Sydney, Shanghai, China, Beijing, Australia, Manhattan , New York

☆ Djokovic will dominate tennis for years, says Murray
▼ + stars: | 2023-09-11 | by ( ) www.reuters.com time to read: +2 min

Tennis - U.S. Open - Flushing Meadows, New York, United States - September 10, 2023 Serbia's Novak Djokovic celebrates while wearing a shirt with an image of Kobe Bryant after winning the U.S. Open REUTERS/Mike Segar Acquire Licensing RightsMANCHESTER, England, Sept 12 (Reuters) - Novak Djokovic, who won his 24th Grand Slam title on Sunday, will dominate men's tennis for years because younger players have yet to reach his level, according to Andy Murray. It doesn't look like that's close to happening," Murray told the BBC on Monday. He's played at this level for such a long time now," said Britain's Murray, who won three Grand Slams. In July, 20-year-old Carlos Alcaraz ended Djokovic's Wimbledon reign after the Serbian had won four titles in a row at the All England Club. "Physically, motivation, whether someone like Alcaraz improves - he's an amazing player Alcaraz, he's brilliant, but to do what Novak is doing on a consistent basis is different."

Persons: Serbia's Novak Djokovic, Kobe Bryant, Mike Segar, Novak Djokovic, Andy Murray, Djokovic's, Margaret Court's, Novak, Murray, Rafael Nadal, Roger Federer, He's, Britain's Murray, Carlos Alcaraz, Tommy Lund, Ken Ferris Organizations: U.S, Open REUTERS, Rights, U.S ., BBC, Wimbledon, Serbian, All England, Serbia, Davis, Thomson Locations: Flushing Meadows , New York, United States, Kobe, Rights MANCHESTER, England, Valencia, South Korea, Spain, Czech Republic, Gdansk

☆ Djokovic lucky to have had rivals like Federer, Nadal, says Ivanisevic
▼ + stars: | 2023-09-11 | by ( ) www.reuters.com time to read: +2 min

Tennis - U.S. Open - Flushing Meadows, New York, United States - August 25, 2023, Novak Djokovic of Serbia practices with his coach Goran Ivanisevic ahead of the 2023 the U.S. Open Tennis Championships. "He had luck to have guys like Nadal and Federer, they came before him, so they pushed each other. He always tries to find a way to win, to fight, even when he's not feeling well, injured, not injured." Like you ask me 25 (majors), yeah, if he wins 25 he's going to think, 'If I win 25, why not 26?' "He's taking care of his body, he's taking care of everything, every single detail has to be perfect, prepared.

Persons: Novak Djokovic, Goran Ivanisevic, Mike Segar, Roger Federer, Rafa Nadal, Djokovic, Federer, Nadal, Ivanisevic, he's, Margaret, He's, Shrivathsa Sridhar, Peter Rutherford Organizations: U.S, REUTERS, Wimbledon, Margaret Court, Thomson Locations: Flushing Meadows , New York, United States, Serbia, U.S, Bengaluru

☆ Sabalenka loses US Open final but leaves New York on top of the world
▼ + stars: | 2023-09-10 | by ( ) www.reuters.com time to read: +2 min

Sabalenka will overtake Poland's Iga Swiatek when the new rankings are updated on Monday and the Belarusian admitted her new status will help ease the sting of her U.S. Open final loss to American teenager Coco Gauff. "Yeah, that's why probably, that's why I'm not super depressed right now," Sabalenka said when asked to reflect on becoming world number one for the first time. "I'm definitely going for a drink tonight if I'm allowed to say that," a smiling Sabalenka added. I got overemotional after the second set." Despite falling to Gauff in the final, Sabalenka can hold her head high after delivering a remarkable Grand Slam season that included an Australian Open title in January before semi-final appearances at the French Open and Wimbledon.

Persons: Sabalenka, Coco Gauff, Mike Segar, Poland's Iga, I'm, Gauff, Frank Pingue, Chizu Organizations: Tennis, U.S, REUTERS, Wimbledon, U.S ., Thomson Locations: Flushing Meadows , New York, United States, Belarus, Belarusian, New York, Toronto

☆ Dabrowski and Routliffe win U.S. Open women's doubles title
▼ + stars: | 2023-09-10 | by ( ) www.reuters.com time to read: +2 min

Dabrowski and Routliffe, who began their partnership just last month, saved eight of the nine break points they faced during a match that lasted two hours, 14 minutes. It marked the first Grand Slam title for Routliffe, who previously represented Canada, and third for Dabrowski following the mixed doubles titles she won at the 2017 French Open and 2018 Australian Open. She really took a chance on me and I really appreciate it and love her for it," Routliffe said during their on-court interview. Siegemund and Zvonareva, who won the 2020 U.S. Open women's doubles competition, failed to convert any of the five break point opportunities they had in a tightly-contested first set that required a drama-filled tiebreaker. "I'm really, really proud of the way that we've stood by each other through thick and thin the last two weeks.

Persons: Erin Routliffe, Canada's Gabriela Dabrowski, Germany's Laura Siegemund, Russia's Vera Zvonareva, Mike Segar, Gabriela Dabrowski, New Zealander Erin Routliffe, Laura Siegemund, Dabrowski, Routliffe, Gabby, Siegemund, Zvonareva, Erin, we've, Frank Pingue, Clare Fallon Organizations: Tennis, Russia's Vera Zvonareva REUTERS, New Zealander, U.S, Thomson Locations: Flushing Meadows , New York, United States, Germany, Canada, Canadian, Montreal, Toronto

☆ Factbox: U.S. Open men's singles champion Novak Djokovic
▼ + stars: | 2023-09-10 | by ( ) www.reuters.com time to read: +6 min

* Won his maiden Grand Slam title at the 2008 Australian Open, becoming the first Serbian man to win a singles major. He began the year by capturing a fifth Australian Open title. Beat Federer in the U.S. Open final, earning three Grand Slam titles in a year for a second time. * Defeated Nadal to claim his 15th major and seventh Australian Open title in 2019. * Missed the Australian Open in 2022 after being deported from the country for not being vaccinated against COVID-19.

Persons: Serbia's Novak Djokovic, Russia's Daniil Medvedev, Mike Segar, Serbian Novak Djokovic, Daniil Medvedev, Alexandre Muller, Bernabe Zapata Miralles, Laslo Djere, Borna, Taylor Fritz, Ben Shelton, Djokovic, Roger Federer, Davis, Federer, Rafa Nadal, Nadal, Andy Murray, Beat Federer, Murray, Beat Murray, Don Budge, Rod Laver —, Kevin Anderson, Dominic Thiem, Medvedev, Stefanos Tsitsipas, Matteo Berrettini, Nick Kyrgios, Frenchman Alexandre Muller, Pearl Josephine Nazare, Ken Ferris Organizations: Russia's, Russia's Daniil Medvedev REUTERS, U.S, Serbia ATP, Wimbledon, ATP, Serbia, triumphing, Nadal, Medvedev, COVID, All England, Thomson Locations: Flushing Meadows , New York, United States, Russia, Serbia, France, Spain, Croatia, Amersfoort, Serbian, Melbourne, Paris, Bengaluru

☆ Coco Gauff’s US Open victory given presidential seal of approval
▼ + stars: | 2023-09-10 | by ( Issy Ronald | ) edition.cnn.com time to read: +5 min

“Congrats to U.S. Open Champion Coco Gauff,” President Joe Biden wrote on X, formerly known as Twitter. Mike Stobe/Getty Images Aryna Sabalenka of Belarus is recognized for her runner-up finish against Coco Gauff. Sarah Stier/Getty Images Sabalenka and Gauff pose for a photo with former player Billie Jean King before the match. Sarah Stier/Getty Images Gauff is introduced ahead of the match. Sarah Stier/Getty Images A US flag is unfurled during the opening ceremony for the US Open women's singles final.

Persons: Coco Gauff, Aryna Sabalenka, Venus Williams, Gauff, CNN’s Carolyn Manno, Serena Williams, “, ”, ” Gauff, “ Congrats, Joe Biden, Arthur Ashe, You’ve, ” Coco Gauff, Arthur, Mike Segar, Reuters Gauff, Mike Stobe, Sarah Stier, Shannon Stapleton, Frank Franklin II, Darren Carroll, AP Sabalenka, Danielle Parhizkaran, Al Bello, Charles Krupa, Clive Brunskill, Sabalenka, Billie Jean King, Timothy A, Clary, Michelle Obama, Laura Siegmund, Obama, Gauff’s, Bill Clinton, Venus, Serena, “ Let’s, Nicole Kidman, Amanda Seyfried, Cara Delevingne, Ariana DeBose, Diane Keaton, Mindy Kaling, Rachel Brosnahan, Jonathan Van Ness, Carlos Alcaraz, Zendaya Organizations: CNN, Wimbledon, Reuters, USTA, AP, USA, Network, Sabalenka, Gauff, Getty, WTA, Gotham Locations: American, U.S, America, Queens, Belarus, AFP

☆ Djokovic puts record books out of mind in hunt for 24th major title
▼ + stars: | 2023-09-09 | by ( Amy Tennery | ) www.reuters.com time to read: +2 min

The Serb battled past American Ben Shelton in straight sets on Friday to set up a rematch with Russia's Medvedev, who denied him a rare calendar Grand Slam two years ago. The memory of that bitter defeat was still fresh in his mind, as Djokovic told reporters he was trying not to focus on the significance of a 24th major title that would match Margaret Court's all-time singles record. Djokovic won the Australian Open and hoisted the trophy at Roland Garros already this year. He had a chance to collect his 24th major title in Wimbledon but was denied in the finale by Spain's Carlos Alcaraz. "Every time in a Grand Slam final it's another shot for history, you know, and I'm aware of it, and of course I'm very proud of it.

Persons: Serbia's Novak Djokovic, Ben Shelton, Mike Segar, Novak, Daniil Medvedev, Russia's Medvedev, Margaret Court's, Djokovic, Roland Garros, Spain's Carlos Alcaraz, Medvedev, Amy Tennery, Michael Perry Organizations: U.S, REUTERS, Thomson Locations: Flushing Meadows , New York, United States, Wimbledon, New York, London

☆ Factbox: U.S. Open women's singles champion Coco Gauff
▼ + stars: | 2023-09-09 | by ( ) www.reuters.com time to read: +2 min

CAREER TO DATE* A former world number one junior, Gauff started her professional career on the ITF circuit in 2018. * Reached the fourth round of the Australian Open in 2020 and cracked the top 50 in the world for the first time. Gauff also reached the U.S. Open women's doubles final with McNally. * Lost to Iga Swiatek in the French Open final in 2022. * Gauff claimed the biggest title to date of her career at the Cincinnati Open in 2023.

Persons: Coco Gauff, Aryna Sabalenka, Mike Segar, Laura Siegemund, Mirra, Elise Mertens, Caroline Wozniacki, Jelena Ostapenko, Karolina Muchova, Serena, Venus Williams, Gauff, Simona Halep, Caty McNally, Barbora Krejcikova, McNally, Jessica Pegula, Sloane Stephens, Aadi Nair, Toby Davis Organizations: Belarus, Aryna Sabalenka REUTERS, Belarusian Aryna, U.S, United States WTA, ITF, WTA, Wimbledon, Parma, Cincinnati, Washington D.C, U.S ., Thomson Locations: Flushing Meadows , New York, United States, Belarusian, Germany, Russia, Belgium, Denmark, Latvia, Czech Republic, Linz, Washington, Bengaluru

☆ Danilina and Heliovaara win U.S. Open mixed doubles title
▼ + stars: | 2023-09-09 | by ( ) www.reuters.com time to read: +2 min

Kazakhstan's Danilina and Heliovaara of Finland randomly teamed up ahead when they happened to be at the sign-in table at the same time. It was an amazing run," Danilina said during her on-court interview. Heliovaara and Danilina remained in control as they opened the second set with another break before the Americans got the set back on serve in the fourth game. But Heliovaara and Danilina refused to let the Americans back into the match and went on to break at love for a 5-4 lead before closing out victory. Heliovaara initially forgot to mention Danilina when he addressed the Arthur Ashe Stadium crowd during the trophy presentation but quickly requested the microphone back.

Persons: Finland's Harri Heliovaara, Anna Danilina, Austin Krajicek, Jessica Pegula, Mike Segar, Harri Heliovaara, Kazakhstan's, Danilina, It's, Heliovaara, Arthur Ashe, Anna, Frank Pingue, Ed Osmond Organizations: U.S, REUTERS, Thomson Locations: Flushing Meadows , New York, United States, Heliovaara, Finland, Toronto

☆ American teenager Coco Gauff fights back to beat Aryna Sabalenka and win U.S. Open
▼ + stars: | 2023-09-09 | by ( Amy Tennery | ) www.reuters.com time to read: +5 min

With the win, sixth seed Gauff became the first American to win a U.S. Open singles title since Sloane Stephens in 2017. The crowd urged on Gauff, the first American teenager to reach the U.S. Open singles final since Serena Williams in 2001. But Sabalenka blocked out the noise and used her mighty forehand to convert on a break point chance in the fifth game. The Belarusian was helped to another break in the seventh as Gauff double faulted and made two more costly forehand mistakes. Gauff produced an overhead smash to break in the opening game of the third set and converted another in the third game.

Persons: Coco Gauff, Mike Segar, Gauff, Sloane Stephens, Arthur Ashe, Sabalenka, Roland Garros, Serena Williams, Aryna, Billie Jean King, chuckling, They've, Amy Tennery, Frank Pingue, Ken Ferris, Daniel Wallis Organizations: Tennis, U.S, Open REUTERS, Wimbledon, Indian, Thomson Locations: Flushing Meadows , New York, United States, American, Gauff, Belarusian, Washington, Cincinnati, Flushing Meadows

☆ Djokovic-Medvedev U.S. Open final could be spellbinding affair
▼ + stars: | 2023-09-09 | by ( Steve Keating | ) www.reuters.com time to read: +4 min

The last time Djokovic and Medvedev clashed at the U.S. Open was in the 2021 final, when the Russian captured his only major so far and denied the Serb a rare calendar Grand Slam. Second seed Djokovic, 36, fought back from two sets down to beat fellow Serb Laslo Djere in the third round but did not drop another set on the way to his 10th U.S. Open final. "He (Djokovic) is always better than the previous time he plays," said 27-year-old Medvedev, who will be appearing in his third U.S. Open final, having also lost to Rafa Nadal in 2019. While Djokovic and Medvedev are compelling figures, neither has been fully embraced by the New York crowds they have so desperately courted. Not long ago Medvedev was Flushing Meadows' public enemy number one for his on court antics that included giving the crowd the finger during a 2019 match.

Persons: Russia's Daniil Medvedev, Spain's Carlos Alcaraz, Mike Segar, Novak Djokovic, Daniil Medvedev, Djokovic, Carlos Alcaraz, Medvedev, Arthur Ashe, Margaret Court's, Andrey Rublev, dethrone Alcaraz, Rafa Nadal, Novak, he's, Steve Keating, Ken Ferris Organizations: Tennis, Spain's Carlos Alcaraz REUTERS, U.S, Sunday, U.S ., Djokovic, New, Yorkers, Thomson Locations: Flushing Meadows , New York, United States, Flushing Meadows, U.S, Russian, New York

☆ Alcaraz says he will not dwell long on US Open semi-final exit
▼ + stars: | 2023-09-09 | by ( Amy Tennery | ) www.reuters.com time to read: +2 min

The crowds did their part to try to propel their fan-favourite Alcaraz past Medvedev, imploring the 20-year-old Wimbledon champion to keep fighting on Arthur Ashe Stadium. "These kind of matches can happen even if I feel myself (as a) different player, more mature," Alcaraz told reporters. But while the semi-final exit was undoubtedly a bitter end to an otherwise terrific North American hardcourt stretch, Alcaraz said he could keep the defeat in perspective. "I don't think I'm gonna think about this loss for a long time. "You know, these kind of matches help you a lot to be better and grow up in these kind of situations."

Persons: Spain's Carlos Alcaraz, Russia's Daniil Medvedev, Mike Segar, Carlos Alcaraz, Russian Daniil Medvedev, Medvedev, Arthur Ashe, Novak Djokovic, Alcaraz, Amy Tennery, Stephen Coates Organizations: Tennis, Russia's, Russia's Daniil Medvedev REUTERS, Wimbledon, Thomson Locations: Flushing Meadows , New York, United States, Russian, New York

☆ Imitation is flattery, says Shelton, after Djokovic copies phone celebration
▼ + stars: | 2023-09-09 | by ( Amy Tennery | ) www.reuters.com time to read: +2 min

The veteran Djokovic held off a late-match surge from the 20-year-old to reach his 10th U.S. Open final before he mimed answering the phone - and hanging up - to subvert the viral post-win gesture that Shelton has used in New York. "I just love Ben's celebration," Djokovic told reporters with a grin. "I think if you win the match, you deserve to do whatever you want," said Shelton. "It's kind of like I'm saying I'm dialed in," Shelton explained earlier in the tournament, when asked about the celebration. A lot of positives to take away for the rest of the year and going into next year," said Shelton.

Persons: Ben Shelton, Serbia's Novak Djokovic, Mike Segar, Novak Djokovic, Ben, American's, Djokovic, Shelton, Grant Holloway, I'm, Tommy Paul, Frances Tiafoe, Amy Tennery, Stephen Coates Organizations: Tennis, Serbia's Novak Djokovic REUTERS, Thomson Locations: Flushing Meadows , New York, United States, U.S, New York

☆ U.S. household net worth hits record in 2nd qtr, Fed says
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: 1 min

U.S. currency is seen in this picture illustration taken March 6, 2020. REUTERS/Mike Segar/Illustration/ Acquire Licensing RightsSept 8 (Reuters) - U.S. household wealth rose to a record of more than $154 trillion in the second quarter, fueled by rising stock market and property prices, the Federal Reserve said on Friday. Household net worth rose 3.7% to $154.28 trillion in the period from April through June from $148.79 trillion at the end of the first quarter, the Fed said in its quarterly snapshot of the balance sheets of households, businesses and federal, state and local governments. The value of holdings of equities increased $2.6 trillion, while real estate values rose by about $2.5 trillion. Reporting By Dan Burns; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

Persons: Mike Segar, Dan Burns, Chizu Organizations: REUTERS, Federal Reserve, Thomson

☆ FDIC says supervisors could have been more aggressive before First Republic's failure
▼ + stars: | 2023-09-08 | by ( Pete Schroeder | ) www.reuters.com time to read: +2 min

FILE PHOTO: A person walks past a First Republic Bank branch in Midtown Manhattan in New York City, New York, U.S., March 13, 2023. However, it added bank supervisors were too “generous” in gauging some of its risks, notably around interest rates and a high level of uninsured deposits. First Republic’s collapse, which saw the bank seized by regulators and most of its assets sold to JPMorgan Chase, was the second largest bank failure in American history. It however said the bank likely would have been more resilient to the spreading panic had supervisors criticized bank management practices sooner. The FDIC ultimately found that its supervision team was timely in examining First Republic and producing its findings.

Persons: Mike Segar, JPMorgan Chase, “ Organizations: WASHINGTON, Republic, First, First Republic Bank, REUTERS, Deposit Insurance Corporation, Silicon Valley Bank, JPMorgan, FDIC Locations: U.S, First Republic, Midtown Manhattan, New York City , New York, Silicon, Washington

☆ FDIC says it should have supervised First Republic more closely
▼ + stars: | 2023-09-08 | by ( Pete Schroeder | ) www.reuters.com time to read: +3 min

FILE PHOTO: A person walks past a First Republic Bank branch in Midtown Manhattan in New York City, New York, U.S., March 13, 2023. However, the FDIC added that its supervisors were too “generous” in gauging some of First Republic’s risks, notably around interest rates and uninsured deposits. First Republic was subsequently seized by the FDIC and most of its assets sold to JPMorgan Chase. Similarly, the FDIC found in its April post-mortem of the Signature failure that the agency lacked resources to properly supervise the bank as management pursued an overly aggressive growth strategy. “Both regulation and supervision must be strengthened,” said CEO Dennis Kelleher of Better Markets, a group favoring tougher regulation, in response to the report.

Persons: Mike Segar, “, Friday’s, ”, Dennis Kelleher Organizations: WASHINGTON, Federal Deposit Insurance Corp, Republic, First, First Republic Bank, REUTERS, FDIC, Silicon Valley Bank, JPMorgan Chase, Bank, Federal Reserve, Congress, Better Locations: First Republic, Midtown Manhattan, New York City , New York, U.S, California, Republic, Silicon, New York

☆ Gauff beats Muchova to reach US Open final after protesters disrupt match
▼ + stars: | 2023-09-08 | by ( Amy Tennery | ) www.reuters.com time to read: +3 min

"Some of those points, it was so loud and I don't know if my ears are going to be okay," Gauff said. "I grew up watching this tournament so much so it means a lot to me to be in the final. The match was delayed by roughly 50 minutes early in the second set due to a protest by four spectators. Gauff swept the first three games of the opening set and broke her opponent again in the sixth. Muchova double-faulted to help Gauff break in the eighth game but saved match point in the next game before breaking the American’s serve to keep the match going.

Persons: Coco Gauff, Karolina Muchova, Mike Segar, Arthur Ashe, Muchova, Gauff, Madison Keys, Aryna, Roland Garros, Amy Tennery, Steve Keating, Peter Rutherford Organizations: Tennis, Czech, Cincinnati, USTA, Thomson Locations: Flushing Meadows , New York, United States, U.S, Czech, Belarusian, New York

☆ New York says Trump inflated net worth by up to $3.6 billion; Trump seeks dismissal
▼ + stars: | 2023-09-08 | by ( Jonathan Stempel | ) www.reuters.com time to read: +3 min

Former U.S. President Donald Trump departs from Trump Tower to give a deposition to New York Attorney General Letitia James who sued Trump and his Trump Organization, in New York City, U.S., April 13, 2023. In a filing with a New York state court in Manhattan, Attorney General Letitia James said her valuation and accounting experts believe Trump falsely boosted his net worth by between $1.9 billion and $3.6 billion a year over a decade. The attorney general wants a $250 million fine, and to bar Trump and his sons Donald Trump Jr. and Eric Trump from leading their family business, the New York City-based Trump Organization. Citing her experts, James said Trump may have inflated his net worth by $3.5 billion to $3.6 billion every year from 2014 to 2019, the last three while Trump was in the White House. The New York civil case is New York v Trump et al, New York State Supreme Court, New York County, No.

Persons: Donald Trump, Letitia James, Trump, Mike Segar, James, Donald Trump Jr, Eric Trump, Arthur Engoron, Democrat Joe Biden, Engoron, Jonathan Stempel Organizations: U.S, Trump Tower, New York, Trump Organization, REUTERS, Trump, New, Lawyers, libeled, Democrat, TRUMP, Court, Thomson Locations: New, New York City, U.S, New York, Manhattan, Lago, Florida, midtown Manhattan, Court , New York County

☆ Stock market drives U.S. households to record wealth
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Mike Segar/Illustration/ Acquire Licensing RightsSept 8 (Reuters) - A surging stock market powered U.S. household wealth to a record high of more than $154 trillion in the second quarter, aided by a rebound in property values, Federal Reserve data out on Friday showed. The Standard & Poor's 500 total return index (.SPXTR), including reinvested dividends, delivered an 8.7% return in the second quarter, its largest gain since the final three months of 2021. Household wealth at the end of June exceeded the previous record high of $152.49 trillion set in the first quarter of 2022 by about $1.8 trillion, or 1.2%. Debt levels for households, businesses and governments kept rising in the second quarter, though the pace of increase varied widely by sector. Business debt growth, meanwhile, moderated substantially, climbing at just a 1.9% annualized rate in the second quarter, its slowest growth since the final three months of 2020.

Persons: Mike Segar, Biden, Dan Burns, Chizu Nomiyama, Frances Kerry Organizations: REUTERS, Federal, Fed, U.S . Treasury, Thomson Locations: Bank, U.S

☆ Home favourite Gauff ready to derail Sabalenka in US Open final
▼ + stars: | 2023-09-08 | by ( Amy Tennery | ) www.reuters.com time to read: +4 min

The Belarusian won the Australian Open to kick off a superb 2023, beat Gauff en route to the Indian Wells final and defeated Iga Swiatek in the Madrid title match. "Going into this final, I think I just have to focus on myself and prepare myself for another fight. "," said Sabalenka, who reached the semi-finals in the previous two editions of the tournament. "I have been focusing more on myself and my expectations of myself," said Gauff, who vowed to hold her head high regardless of the outcome on Saturday. Reporting by Amy Tennery in New York; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

Persons: Coco Gauff, Karolina Muchova, Mike Segar, Arthur Ashe, Sabalenka, Gauff, I'm, Will, Iga Swiatek, Roland Garros, Keys, Daria Kasatkina, Zheng Qinwen, Barack Obama, Michelle, Ashe, Laura Siegemund, Caroline Wozniacki, Amy Tennery, Ken Ferris Organizations: Tennis, Czech, U.S, Belarusian, Indian Wells, Wimbledon, Madison Keys, Poland's, D.C, Australian, Thomson Locations: Flushing Meadows , New York, United States, Madrid, New York, Washington, Cincinnati, Flushing Meadows

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