Category Archives:
PIMCO predicts steeper U.S. yield curve, more volatility in 2022
NEW YORK (Reuters) - U.S. investment firm PIMCO is looking to position portfolios for a steeper U.S. Treasury yield curve in expectation of more normal economic conditions, but also expects greater vo...
Jan 11, 2022
Brazil’s Localiza says systems partially affected by ‘cyber incident’
SAO PAULO (Reuters) - Brazilian car rental company Localiza said on Tuesday it suffered a partial interruption of some of its systems due to a cyber security incident, according to a securities filing...
Jan 11, 2022
Omicron turbulence looms over U.S. airline earnings
By Rajesh Kumar Singh CHICAGO (Reuters) - U.S. airlines have come a long way since the spring of 2020 when COVID-19 brought the industry to its knees. Yet the pandemic will loom large when big carrier...
Jan 11, 2022
Peoria Police arrest juvenile for Woodford County vehicle burglaries
UPDATED 12:42 p.m. PEORIA, Ill. – Peoria Police say they’ve arrested a juvenile who may be responsible for some recent vehicle burglaries in Woodford County. Police say a Special Response ...
Jan 11, 2022
Philadelphia to release preliminary findings of probe into apartment fire that killed 12
(Reuters) - Philadelphia will on Tuesday release preliminary findings of an investigation into an apartment fire last week in Fairmount that killed 12 people, including eight children, Mayor Jim Kenne...
Jan 11, 2022
Taliban increase payment in wheat as economic crisis deepens
KABUL (Reuters) - The Taliban administration said on Tuesday it was expanding its 'food for work' program, in which it uses donated wheat to pay thousands of public sector employees instead of cash as...
Jan 11, 2022
Fed balance sheet drawdown coming, says Powell at confirmation hearing
NEW YORK (Reuters) - Federal Reserve officials will likely move sooner and faster when reducing the central bank's nearly $9 trillion balance sheet than it has during previous tightening cycles, but n...
Jan 11, 2022
BofA cuts Mexico 2022 GDP outlook to 1.5%
(Reuters) - BofA Securities on Tuesday slashed its 2022 forecast for Mexican gross domestic product growth to 1.5% from 2.5% previously, citing weaker than expected domestic economic activity. BofA sa...
Jan 11, 2022
Domino’s cuts back on promotional offers as costs bite
(Reuters) - Higher food costs due to record levels of inflation has forced Domino's Pizza Inc to scale back some of its promotional offers for 2022 in the United States, the company said on Tuesday. T...
Jan 11, 2022
U.S. labor regulator sets dates for union vote at Amazon warehouse in Alabama
SAN FRANCISCO (Reuters) - The U.S. National Labor Relations Board said on Tuesday that it will send unionization ballots to workers at an Amazon warehouse in Bessemer, Alabama on February 4. Ballots i...
Jan 11, 2022
Peoria, IL, USA
45 °F Overcast
