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Global physical oil market weakens as recession jitters mount
By Arathy Somasekhar, Noah Browning and Alex Lawler HOUSTON/LONDON (Reuters) - Physical oil prices around the world have begun to sag alongside futures, reflecting less alarm over Russian-led supply d...
Syndicated Content Aug 10, 2022
U.S. rejects broadband subsidies for SpaceX’s Starlink, LTD
WASHINGTON (Reuters) - The U.S. Federal Communications Commission (FCC) said Wednesday it was rejecting the applications of SpaceX's Starlink and LTD Broadband to receive government subsidies through ...
Syndicated Content Aug 10, 2022
Less-divided U.S. steelworkers union to greet Vice President Harris
By Erwin Seba LAS VEGAS (Reuters) - U.S. Vice President Kamala Harris faces a less politically divided audience at the United Steelworkers convention on Wednesday compared to previous years, said memb...
Syndicated Content Aug 10, 2022
Second trial opens for men accused of plot to kidnap Michigan governor
By Tyler Clifford (Reuters) - Federal prosecutors in Michigan on Wednesday began laying out their case against two men accused of plotting to kidnap Governor Gretchen Whitmer in 2020, saying that conv...
Syndicated Content Aug 10, 2022
International economists ask Biden to release Afghan central bank funds
By Charlotte Greenfield ISLAMABAD (Reuters) - More than 70 economists and experts, including Nobel Laureate Joseph Stiglitz, called for Washington and other nations to release Afghanistan's central ba...
Syndicated Content Aug 10, 2022
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
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