Category Archives:
Fed proposes to disclose which depository institutions have master accounts
By Hannah Lang (Reuters) - The U.S. Federal Reserve is seeking comment on a proposal to publish a list of depository institutions that have access to master accounts, which grant firms access to Fed p...
Nov 04, 2022
Auto parts maker Magna trims sales forecast on high costs, supply woes
By Priyamvada C (Reuters) -Canadian auto parts maker Magna International Inc lowered its annual sales forecast after missing estimates for third-quarter profit on Friday, as supply chain snags and hig...
Nov 04, 2022
Explainer-Will Twitter layoffs violate U.S. law?
By Daniel Wiessner (Reuters) - Twitter Inc has begun laying off employees under its new owner, Elon Musk. The San Francisco-based social media giant is expected to terminate up to 3,700 people - half ...
Nov 04, 2022
Contextualizing cash bail’s end
SPRINGFIELD, Ill. (Capitol News Illinois) - While a new law overhauling Illinois' system of pretrial detention continues to face scrutiny ahead of its Jan. 1 implementation date, new research suggests...
Nov 04, 2022
Still-strong U.S. jobs report may show weakening in some of the details
By Howard Schneider WASHINGTON (Reuters) - The headline number in the U.S. October jobs report released on Friday showed firms adding a more-than-expected 261,000 jobs and hourly wages continuing to r...
Nov 04, 2022
US EPA allowed two-week extension to issue biofuel blending proposal
By Stephanie Kelly and Jarrett Renshaw NEW YORK (Reuters) - The U.S. Environmental Protection Agency and a biofuels trade group have agreed to extend by two weeks a deadline the agency has to issue a ...
Nov 04, 2022
U.S. audit inspection of Chinese companies in Hong Kong ends – sources
By Xie Yu and Julie Zhu HONG KONG (Reuters) - U.S. audit watchdog's onsite inspection of the audit work of New York-listed Chinese firms, which started in Hong Kong in September, has ended, three peop...
Nov 04, 2022
White House says $185 billion in infrastructure funds released
WASHINGTON (Reuters) - The White House on Friday said it has released $185 billion in funding from the $1 trillion infrastructure bill that seeks to fix crumbling roads, expand broadband internet, rep...
Nov 04, 2022
Analysis-Bank of England’s recession warning turns spotlight to UK budget plan
By William Schomberg LONDON (Reuters) - The risk of a two-year recession in Britain, flagged this week by the Bank of England, underscores the high stakes for Prime Minister Rishi Sunak and his financ...
Nov 04, 2022
Man, facing charges in multiple cases, charged with attacking woman
PEORIA, Ill. – A Peoria man accused of having a role in an attempted homicide has been indicted by a Peoria County grand jury in another case. Court records indicate Ruben Bailey, Jr., 39, was c...
Nov 04, 2022
Peoria, IL, USA
43 °F Sunny
