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Ex-USC athletic official in U.S. college scandal gets 6 months in prison
By Nate Raymond BOSTON (Reuters) - A former athletic official at the University of Southern California was sentenced on Friday to six months in prison for her role in a nationwide fraud and bribery sc...
Syndicated Content Jan 06, 2023
U.S. jobs report breathes life into Fed’s ‘soft landing’ scenario
By Howard Schneider and Ann Saphir NEW ORLEANS/SAN FRANCISCO (Reuters) - A jump in the workforce and easing wage growth suggests the U.S. job market is starting to move the way the Federal Reserve has...
Syndicated Content Jan 06, 2023
Man accused of stealing unpublished books pleads guilty in New York
By Jonathan Stempel NEW YORK (Reuters) - An Italian man pleaded guilty on Friday in New York to a charge he impersonated editors and agents in order to steal unpublished book manuscripts of authors li...
Syndicated Content Jan 06, 2023
Investment management firm AQR books best year in several strategies
By Nell Mackenzie (Reuters) - Investment management firm AQR's Absolute Return Strategy in 2022 saw its best year since its inception since 1998, a source with knowledge of the matter said on Friday. ...
Syndicated Content Jan 06, 2023
Pentagon awards L3Harris $40 million anti-drone weapon systems contract
(Reuters) - The U.S. Department of Defense awarded L3Harris Technologies Inc a $40 million contract to deliver 14 anti-drone weapon systems to bolster Ukraine's security forces, the defense contractor...
Syndicated Content Jan 06, 2023
Fed will face complicated choices as labor market softens: George
(Reuters) - The Federal Reserve will face some hard choices and delicate communications challenges as it fights still-high inflation even as the labor market begins to soften, Kansas City Federal Rese...
Syndicated Content Jan 06, 2023
Germany backs Norwegian plan to capture carbon from cement
BREVIK, Norway (Reuters) - Germany's economy minister Robert Habeck threw his weight behind a Norwegian project to capture carbon emissions and re-use them being carried out by multinational Heidelber...
Syndicated Content Jan 06, 2023
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...
Syndicated Content 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 ...
Syndicated Content 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...
Syndicated Content Jan 06, 2023
Peoria, IL, USA
66 °F Light Rain
