Category Archives:
Fed will do what needs doing, but hope less is needed: Kashkari
(Reuters) - The Federal Reserve will do what it needs to do to bring down inflation, Minneapolis Fed President Neel Kashkari said on Friday, though how much it will need to do depends in part on how q...
May 13, 2022
Elon Musk hits pause on Twitter deal after aggressive pursuit
(Reuters) - Elon Musk on Friday put his $44-billion Twitter offer on temporary hold, sending the shares of the social media company into a tailspin. Twitter stock has consistently traded below Musk's ...
May 13, 2022
Four reasons why the bond market rout may be over
By Yoruk Bahceli (Reuters) - Battered U.S. and German government bond markets have just put in their best weekly performance since early March, suggesting a painful surge in yields due to high inflati...
May 13, 2022
Canada competition bureau says litigation in Rogers-Shaw M&A doesn’t stop a settlement
By Divya Rajagopal TORONTO (Reuters) - Canada's competition bureau said on Friday that its decision to start litigation to block Rogers Communications' C$20 billion ($15.5 billion) bid for Shaw Commun...
May 13, 2022
Man pleads guilty to baby’s death last year
PEORIA, Ill. — A Peoria man has been sentenced to 30 years in prison after pleading guilty to the death of his child. According to court records, Zachary Yeo pleaded guilty to a single count of ...
May 13, 2022
Factbox-Western trade and transport sanctions on Russia
(Reuters) - The West has imposed an unprecedented package of sanctions on Russia, its top companies and its business and political elite in response to Moscow's invasion of Ukraine. The measures have ...
May 13, 2022
Factbox-Western financial sanctions on Russia
LONDON (Reuters) - The West has imposed an unprecedented package of sanctions on Russia, its top companies and its business and political elite in response to Moscow's invasion of Ukraine. The measure...
May 13, 2022
Factbox-Russia’s response to Western sanctions
LONDON (Reuters) - A package of sanctions imposed on Russia, its top companies and its business and political elite over Moscow's invasion of Ukraine look set to trigger a deep recession in Russia. He...
May 13, 2022
U.S. economic outlook weakens, inflation set to persist – Philly Fed survey
(Reuters) - The U.S. economic outlook has weakened and inflation is set to remain higher than previously expected for a while yet, a Federal Reserve Bank of Philadelphia survey of professional economi...
May 13, 2022
Germany’s Rheinmetall has 5-yr supply of semiconductor chips – Rheinische Post
FRANKFURT (Reuters) - German military equipment maker Rheinmetall's chip supplies should last five years after it spent 500 million euros ($519 million) this year to ramp up inventory of semiconductor...
May 13, 2022
Peoria, IL, USA
62 °F Sunny
