Category Archives:
Largest banks doing big deals not ideal, FRC an exception – Powell
NEW YORK (Reuters) - Federal Reserve Chair Jerome Powell said it was probably good policy that the largest banks are not doing big acquisitions, but said that JPMorgan Chase & Co's acquisition of Firs...
May 03, 2023
Oil prices extend losses after Fed interest rate rise
By Stephanie Kelly (Reuters) - Oil prices fell over 1% on Thursday, deepening steep losses in recent days, after the U.S. Federal Reserve increased interest rates and investors worried about a weakeni...
May 03, 2023
Tyre Nichols had legal amount of alcohol in blood when beaten by Memphis police -ABC
By Daniel Trotta (Reuters) - An autopsy showed Tyre Nichols had a legal amount of alcohol and a trace amount of marijuana in his blood when Memphis police beat the Black man to death after a traffic s...
May 03, 2023
Goldman Sachs in talks to settle gender discrimination lawsuit -source
NEW YORK (Reuters) - Goldman Sachs Group Inc is in talks to settle a class-action lawsuit that alleged widespread gender bias against women in pay and promotions, said a source familiar with the matte...
May 03, 2023
China, US to boost passenger airline flights – USDOT
WASHINGTON (Reuters) - The U.S. Transportation Department (USDOT) on Wednesday issued an order approving Chinese airlines to increase their U.S. passenger services to 12 weekly round-trip flights -- a...
May 03, 2023
Biden expected to nominate Jefferson as next Federal Reserve vice chair -sources
WASHINGTON (Reuters) -U.S. President Joe Biden is expected to nominate Federal Reserve Governor Philip Jefferson as the next vice chair, two sources familiar with the matter said on Wednesday In addit...
May 03, 2023
Hong Kong central bank raises interest rates after Fed hike
HONG KONG (Reuters) - The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount window by 25 basis points to 5.50%, hours after the U.S. Federal R...
May 03, 2023
Canada online news bill is ‘unreasonable,’ Google executive says
By Sam Jabri-Pickett TORONTO (Reuters) - Google may be forced to remove links to news articles found in Canadian search results if the government passes legislation to compel internet companies to pay...
May 03, 2023
U.S. Senate passes motion repealing Biden suspension of tariffs on certain solar panel parts
WASHINGTON (Reuters) - A bipartisan measure to repeal President Joe Biden's suspension of tariffs on solar panel parts from four Southeast Asia countries passed the U.S. Senate on Wednesday evening. (...
May 03, 2023
Legislature passes anti-book ban bill; Peoria library director supports
SPRINGFIELD, Ill. – State and even Peoria officials are praising the Illinois Legislature’s passage of a bill banning book bans in Illinois libraries. More or less, the bill, House Bill 27...
May 03, 2023
Peoria, IL, USA
52 °F Overcast
