Category Archives:
World Bank chief says poorest countries owe $62 billion on bilateral debt
By David Lawder WASHINGTON (Reuters) - The world's poorest countries now owe $62 billion in annual debt service to official bilateral creditors, an increase of 35% over the past year, World Bank Presi...
Dec 01, 2022
U.S. Congress backs legislation to block rail strike
WASHINGTON (Reuters) - The U.S. Senate backed a measure to block a potentially devastating railroad strike after President Joe Biden had warned that the economic impacts could have been felt in the co...
Dec 01, 2022
U.S. oil refiner Valero, rivals pursue Chevron for Venezuelan crude
By Marianna Parraga HOUSTON (Reuters) - U.S. oil refiners that once were regular buyers of Venezuelan crude are jockeying to win access to coming cargoes chartered by Chevron Corp under a newly issued...
Dec 01, 2022
Inflation may be peaking, but doubts emerge about its decline
By Howard Schneider NEW YORK (Reuters) - With central banks ratcheting up their response to a global inflation shock, debate is shifting from when they'll win the war to whether faster rising prices a...
Dec 01, 2022
World Bank’s Malpass says inflation may be peaking in U.S., still ‘daunting’ elsewhere
NEW YORK (Reuters) - Inflation may be peaking in the United States, but remains high and 'daunting' in other parts of the world, World Bank Group President David Malpass said on Thursday. Malpass told...
Dec 01, 2022
Pretrial detention changes to SAFE-T Act will head to governor
UPDATED 6:23 P.M. SPRINGFIELD, Ill. (Capitol News Illinois) - Lawmakers on Thursday passed a long-awaited amendment to the SAFE-T Act criminal justice reform's provisions that will eliminate cash bail...
Dec 01, 2022
California, others ask court to temporarily stop $4 billion Albertsons dividend payment
By Diane Bartz WASHINGTON (Reuters) - The attorneys general of California, Illinois and Washington D.C. asked a federal court on Thursday for a preliminary injunction that would prevent Albertsons Com...
Dec 01, 2022
CarMax settles charges it did not disclose U.S. vehicle recalls
By Jonathan Stempel NEW YORK (Reuters) - CarMax Inc, the largest U.S. used car retailer, agreed to pay $1 million to resolve claims by 36 states that it failed to disclose open safety recalls to consu...
Dec 01, 2022
World Bank’s Malpass: Bill for rebuilding Ukraine rising, not detecting donor fatigue
NEW YORK (Reuters) - World Bank President David Malpass on Thursday said the expected cost for rebuilding Ukraine will go up "quite a bit" from the roughly $350 billion estimated earlier this year, gi...
Dec 01, 2022
Death investigation underway following grisly discovery
PEORIA, Ill. — A death investigation is underway after an unresponsive victim was uncovered outside a local bank branch in Peoria County. According to the Peoria County Sheriff’s Office, t...
Dec 01, 2022
Peoria, IL, USA
42 °F Partly cloudy
