Category Archives:
Fed hikes rates by 50 bp, as expected, keeps hawkish tone
NEW YORK (Reuters) - The Federal Reserve raised interest rates by half a percentage point on Wednesday and projected at least an additional 75 basis points of increases in borrowing costs by the end o...
Dec 14, 2022
Fed’s Powell says inflation data received in Oct and Nov shows ‘welcome reduction’
By Michael S. Derby WASHINGTON (Reuters) - Federal Reserve Chairman Jerome Powell said on Wednesday that recent data showing lower price pressures is not enough for the central bank to change its outl...
Dec 14, 2022
Brazil’s incoming Finance Minister Haddad says fiscal expansion won’t help at the moment
BRASILIA (Reuters) - Brazil's incoming finance minister Fernando Haddad on Wednesday said fiscal expansion would not help the economy at the moment, downplaying market jitters on an expected spending ...
Dec 14, 2022
Peoria City Council defers action on cannabis ordinance again
PEORIA, Ill. – The Peoria City Council is no closer to deciding on changes to its recreational cannabis dispensary ordinance than it was when the changes were first introduced in late-August. Af...
Dec 14, 2022
White House adviser says ‘detailed guidance’ to be released within days on climate tax credits
WASHINGTON (Reuters) - White house adviser John Podesta said on Wednesday the Biden administration soon plans to released detailed guidance on how Americans can take advantage of new clean energy tax ...
Dec 14, 2022
U.S. SEC votes to increase disclosures around trading plans by insiders
NEW YORK (Reuters) - The U.S. Securities and Exchange Commission on Wednesday voted to amend the Securities Exchange Act to expand disclosures around the trading of company shares by insiders, such as...
Dec 14, 2022
Texas sought gender change data on drivers licenses, report says
(Reuters) - The Texas Attorney General's office requested data on the number of Texans who in recent years had switched their gender on drivers licenses and other state documents, the Washington Post ...
Dec 14, 2022
Fed policymakers see interest rates higher, for longer
By Ann Saphir WASHINGTON (Reuters) - Federal Reserve policymakers expect to raise U.S. interest rates further, and keep them high for longer, than earlier anticipated, signaling Wednesday that their e...
Dec 14, 2022
Moldova plans to sue Russia’s Gazprom for failure to stick to contract -deputy PM
(Reuters) - Moldova plans to sue Russia's Gazprom for failing to fulfill its obligations under a contract to supply gas, Germany's Deutsche Welle agency cited a senior official as saying on Wednesday....
Dec 14, 2022
Tesla shares fall as investors bash Musk’s Twitter focus
By Hyunjoo Jin SAN FRANCISCO (Reuters) - Tesla shares extended declines to hit their lowest level in more than two years on Wednesday, as investors including a "fanboy" of CEO Elon Musk lashed out at ...
Dec 14, 2022
Peoria, IL, USA
61 °F Partly cloudy
