Category Archives:
Real impact of Fed hikes likely bigger than what target rate implies, Daly says
By Michael S. Derby (Reuters) - San Francisco Federal Reserve President Mary Daly said on Monday the real-world impact of the U.S. central bank's interest rate hikes is likely greater than what its sh...
Nov 21, 2022
In Thanksgiving tradition, Biden pardons two chatty turkeys
By Jeff Mason WASHINGTON (Reuters) - U.S. President Joe Biden, wearing his trademark aviator sunglasses, pardoned two turkeys from North Carolina named Chocolate and Chip on Monday, sparing them from ...
Nov 21, 2022
Downtown water main break fixed, valve repair continues
PEORIA, Ill. – Illinois American Water says the huge water main break that occurred Saturday night in downtown Peoria is now fixed. Officials say the work on the break was completed at Jefferson...
Nov 21, 2022
Credit outlook darkens for non-financial companies, Moody’s says
By Juliette Portala (Reuters) - The outlook for credit conditions next year for non-financial companies in Europe, Middle East and Africa is negative, credit rating agency Moody's said on Monday, as f...
Nov 21, 2022
Russia eases capital movement controls
MOSCOW (Reuters) - Russia's central bank will in some cases allow authorised banks and state development bank VEB to export the equivalent of $10,000 in foreign currency cash, it said on Monday, furth...
Nov 21, 2022
Nigerian subsidies constrain development, says World Bank
LAGOS (Reuters) - Nigeria's subsidies on petrol, electricity and foreign exchange are mostly benefiting wealthy households, the World Bank said in a report on Monday, adding that inefficient use of re...
Nov 21, 2022
ECB’s Centeno sees possibility of rate hike smaller than 75 bps
LISBON (Reuters) -The next increase in interest rates by the European Central Bank could be smaller than the record 75 basis-point-hikes decided at its last two meetings, policymaker Mario Centeno sai...
Nov 21, 2022
ECB’s Villeroy: inflation in France and Europe will peak in first half of 2023
PARIS (Reuters) - Inflation should reach its peak in France and in Europe by the first half of next year, French ECB policymaker Francois Villeroy de Galhau said on Monday. "It is out of the question ...
Nov 21, 2022
Morgan Stanley international head Petitgas to step down, stay as adviser
By Manya Saini and Saeed Azhar (Reuters) - Veteran Morgan Stanley executive Franck Petitgas will step down from his role as the bank's international head and stay on as a senior adviser in London, a m...
Nov 21, 2022
Gas prices see pre-Thanksgiving decline
PEORIA, Ill. – The price of gas is still pretty high, but going in to Thanksgiving, at least it isn’t as high as it was last week. The weekly gas price update from GasBuddy.com indicates t...
Nov 21, 2022
Peoria, IL, USA
45 °F Clear
