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U.S. July budget deficit down 30% as COVID spending falls, revenues edge up
WASHINGTON (Reuters) - The U.S. government posted a $211 billion budget deficit for July, a 30% drop from the $302 billion deficit reported in the same month last year, as receipts grew slightly and C...
Syndicated Content Aug 10, 2022
Column – Deep U.S. curve inversion hastens the recession it predicts: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) - An inverted U.S. Treasury yield curve almost always heralds recession, but the yawning gap between high short-term funding costs and falling long-term borro...
Syndicated Content Aug 10, 2022

City Council approves violence prevention grant program
PEORIA, Ill. – The Peoria City Council is okaying providing violence prevention grants to community organizations — this, after rejecting the funding that would have gone to one Illinois-b...
Will Stevenson Aug 10, 2022

LaHood speaks on Inflation Reduction Act and FBI raid on Mar-A-Lago
PEORIA, Ill. — With a vote expected by the end of the week on the Inflation Reduction Act, Illinois Congressman Darin LaHood (R-18), will be back in Washington, D.C. soon. While home in the 18th...
Julia Bradley Aug 10, 2022
CAE slides 14% as labor, supply woes hit 737 MAX simulator maker’s profit
(Reuters) - CAE Inc shares fell as much as 14% on Wednesday after the 737 MAX simulator maker's quarterly profit missed market expectations on charges in its defense business. Labor shortage and suppl...
Syndicated Content Aug 10, 2022
African e-commerce firm Jumia says it is past peak losses, shares jump
By Bhargav Acharya (Reuters) - African e-commerce firm Jumia Technologies said on Wednesday it was past peak losses and would focus on promotions, marketing and cost cutting in its quest towards profi...
Syndicated Content Aug 10, 2022
BoE’s Pill says central banks best placed to control monetary policy
LONDON (Reuters) - Bank of England Chief Economist Huw Pill said on Wednesday that central banks are able to take tough decisions on monetary policy, in contrast to governments that are driven by shor...
Syndicated Content Aug 10, 2022
Sick again, Argentine’s economy eats away at nation’s mental health -study
By Lucila Sigal BUENOS AIRES (Reuters) - Argentines mired in their country's latest economic meltdown are experiencing a growing sense of hopelessness, according to a landmark mental health study that...
Syndicated Content Aug 10, 2022
Exclusive: Mexico’s Pemex in talks with Vitol, eyes resuming business after bribery scandal
By Ana Isabel Martinez MEXICO CITY (Reuters) - Petroleos Mexicanos (Pemex) has made progress in talks with global energy trader Vitol about resuming trading ties that broke down last year during a bri...
Syndicated Content Aug 10, 2022
Timeline: Boeing delivers first 787 Dreamliner in more than a year
(Reuters) - Boeing Co delivered its first 787 Dreamliner in more than a year on Wednesday after a lengthy halt, stemming from production problems, cost the U.S. planemaker at least $5 billion. The res...
Syndicated Content Aug 10, 2022
Peoria, IL, USA
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