Category Archives:
Yellen says U.S. economy being ‘resilient’, no recession in sight
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen on Friday said the U.S. economy was proving "very resilient" in the face of a series of shocks, and she did not foresee it tipping into rece...
Apr 22, 2022
IMF’s Gopinath says central bankers need to act now on inflation
(Reuters) - Central bankers must act decisively and quickly to tackle the rise in inflation, Gita Gopinath, first deputy managing director of the International Monetary Fund, said on Friday. Gopinath,...
Apr 22, 2022
Exclusive – Goldman, JPMorgan among banks left holding Russian stocks by sanctions switch
By Sinead Cruise and Carolina Mandl LONDON/NEW YORK (Reuters) - A decision last month by FTSE Russell and MSCI to remove Russian stocks from their indexes has left some of the world's largest banks in...
Apr 22, 2022
‘Washington Crossing the Delaware’ up for auction at Christie’s in May
By Roselle Chen NEW YORK (Reuters) - The famous "Washington Crossing the Delaware" painting, which hung in the White House from the 1970s to 2014, is coming up for auction next month, when it is estim...
Apr 22, 2022
Hedge funds lure biggest inflow in 7 years in Q1-HFR
NEW YORK (Reuters) - Investors poured $19.8 billion into hedge funds in the first quarter, the biggest inflow of money since the second quarter of 2015, lured by gains some funds are posting amid vola...
Apr 22, 2022
Mistrial declared in Peoria homicide case
PEORIA, Ill. — A Peoria County jury was deadlocked Thursday after two days of deliberating the case of a man charged in a fatal shooting last year. Judge Kevin Lyons declared a mistrial for Orla...
Apr 22, 2022
Polish flights could be ‘significantly cut’ due to pay dispute, says safety body
WARSAW (Reuters) -Poland's Civil Aviation Authority will significantly reduce the number of flights in Polish airspace if no agreement is reached in a dispute over air traffic controllers' pay and con...
Apr 22, 2022
Exclusive-Germany cuts 2022 economic growth forecast to 2.2% – source
BERLIN (Reuters) -The German government will cut its growth forecast for Europe's biggest economy for 2022 to 2.2% from 3.6% amid the war in Ukraine, a government source told Reuters on Friday. It exp...
Apr 22, 2022
Republican Kevin McCarthy under fire after audio shows he discussed urging Trump to resign
By David Morgan WASHINGTON (Reuters) -Congressman Kevin McCarthy, the top Republican in the U.S. House of Representatives, came under fire from some of his fellow party members, after an audio recordi...
Apr 22, 2022
U.S. services sector activity eases in April – survey
WASHINGTON (Reuters) - U.S. business activity slowed in April as soaring costs for raw materials, fuel and labor pushed input prices to a record high, according to a survey on Friday, which also showe...
Apr 22, 2022
Peoria, IL, USA
66 °F Sunny
