Category Archives:
Moody’s changes outlook on US credit rating to ‘negative’ from ‘stable’
(Reuters) -Moody's on Friday changed its outlook on the U.S. credit rating to "negative" from "stable" citing large fiscal deficits and a decline in debt affordability. The move follows a rating downg...
Nov 10, 2023
Bargain or trap? US bank stock outlook hinges on Fed’s path
By David Randall NEW YORK (Reuters) - Bargain hunters are swirling around beaten-down shares of U.S. banks, even as skeptical investors say the sector's problems are likely to persist for some time. T...
Nov 10, 2023
Exclusive-ICBC injected capital into U.S. unit after hack – sources
NEW YORK (Reuters) - Industrial and Commercial Bank of China (ICBC) injected significant capital into its U.S. unit to help settle trades after it was hacked this week and has hired a third party to m...
Nov 10, 2023
FBI agents seized New York mayor’s electronic devices, NY Times reports
NEW YORK (Reuters) -FBI agents seized electronic devices from New York City Mayor Eric Adams earlier this week, days after a raid on the home of his chief campaign fundraiser, the New York Times repor...
Nov 10, 2023
Yellen and China’s He to ‘intensify communication’ after pre-APEC meetings
By David Lawder and Ann Saphir SAN FRANCISCO (Reuters) -U.S. Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng agreed to "intensify communication" and work together on a range of econ...
Nov 10, 2023
SZA tops Grammy nominations in a year made for women and ‘Barbie’
By Daniel Trotta (Reuters) - Versatile recording artist SZA led this year's Grammy Award nominations with nine, coming in ahead of industry heavyweights Taylor Swift, Miley Cyrus and Billie Eilish, in...
Nov 10, 2023
County Board approves developing master plan for jail renovations
PEORIA, Ill. – A master plan will be developed that will identify and prioritize needs for renovation projects at the Peoria County Jail. The Peoria County Board Thursday approved a $275,000 con...
Nov 10, 2023
US company earnings set for biggest quarterly gain in over a year
By Caroline Valetkevitch NEW YORK (Reuters) - U.S. companies are set for their biggest year-over-year gain in quarterly earnings since the second quarter of 2022 after a high percentage of S&P 500 com...
Nov 10, 2023
Investors wary of lingering Treasury volatility as US stocks rally
By Saqib Iqbal Ahmed NEW YORK (Reuters) - A still-jittery bond market is clouding the outlook for a rally in U.S. stocks, analysts tracking measures of market volatility said. Stocks and bonds have be...
Nov 10, 2023
Fire chief: Arsons on the rise in Peoria, but so are arrests
PEORIA, Ill. – Arson fires are on the rise this year in Peoria. The Peoria Fire Department says there have been more than 150 of them so far in 2023, a five percent increase over last year, and ...
Nov 10, 2023
Peoria, IL, USA
47 °F Sunny
