Category Archives:
Fed’s more gradual rate hike path should limit economic harm, Barkin says
By Lindsay Dunsmuir (Reuters) - The Federal Reserve's move to smaller interest rate hike increments will help limit damage to the economy as the U.S. central bank works to bring high inflation down, R...
Jan 06, 2023
Wood’s Ark Invest nearly liquidates Silvergate Capital position
By David Randall NEW YORK (Reuters) - Star stock picker Cathie Wood's Ark Invest sold 403,990 shares of embattled crypto-focused bank Silvergate Capital Corp on Thursday as shares in the firm plunged ...
Jan 06, 2023
Whiplash: energy markets start 2023 with biggest weekly dive in years
By Stephanie Kelly NEW YORK (Reuters) - Energy futures for crude oil, refined products and natural gas have plummeted in the new year as traders reconsidered near-term worries over cold weather and fe...
Jan 06, 2023
UPDATE: Faulty detector to blame for problem with plane at PIA
UPDATED 5:10 p.m. PEORIA, Ill. — A United Airlines plane was forced to return to Peoria’s General Wayne A. Downing International Airport Friday morning after reports of smoke coming from i...
Jan 06, 2023
NY Fed says China’s COVID woes are pressuring supply chains
By Michael S. Derby NEW YORK (Reuters) - Declining world supply chain pressures are being challenged by new disruptions in China tied to the coronavirus pandemic, the New York Federal Reserve reported...
Jan 06, 2023
Mixed emotions as McDonald’s leaves Kazakhstan
ALMATY (Reuters) -Workers removed the branding from McDonald's outlets in Kazakhstan's biggest city, Almaty on Friday after the fast food giant's local business appeared to fall victim to collateral d...
Jan 06, 2023
Fed’s Bostic: jobs data another sign economy is gradually slowing
By Lindsay Dunsmuir (Reuters) - The latest U.S. jobs figures are another sign that the economy is gradually slowing and should that continue the Federal Reserve can step down to a quarter percentage p...
Jan 06, 2023
Storm in California leaves thousands without power, more rough weather ahead
(Reuters) - Torrential downpours and damaging winds left tens of thousands of homes and businesses without power in northern California on Friday even as the area braced for the next onslaught of seve...
Jan 06, 2023
Former U.S. Senator Burr says SEC has closed probe concerning him without action
By Nate Raymond (Reuters) -Former U.S. Senator Richard Burr said on Friday that the U.S. Securities and Exchange Commission informed him this week it has concluded investigation concerning him with no...
Jan 06, 2023
Center for Prevention of Abuse raises awareness about human trafficking
PEORIA, Ill. — Illinois is ranked 10th in the nation in regards to human trafficking numbers. Carol Merna, with the Center for Prevention of Abuse in Peoria, says they see victims of all ages, b...
Jan 06, 2023
Peoria, IL, USA
53 °F Sunny
