Category Archives:
Bessent will present 3 or 4 Fed chief candidates to Trump after Thanksgiving
WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Wednesday said he plans to present three or four candidates to lead the Federal Reserve to President Donald Trump for him to interview so...
Oct 15, 2025
US retail sales excluding autos likely increased again in September, Chicago Fed says
WASHINGTON (Reuters) -U.S. retail sales excluding motor vehicles and parts likely posted further gains in September, data from the Chicago Federal Reserve showed on Wednesday, though part of the rise ...
Oct 15, 2025
Bessent says US close to finalizing trade deal with South Korea
WASHINGTON (Reuters) -The U.S. is close to finalizing a trade deal with South Korea, Treasury Secretary Scott Bessent said on Wednesday. "We are about to finish up with Korea," Bessent told CNBC. "The...
Oct 15, 2025
US deficit-to-GDP ratio has room to come down, Bessent says
(Reuters) -The U.S. deficit-to-gross domestic product ratio has room to come down to the 3% range, Treasury Secretary Scott Bessent said on Wednesday. "The deficit-to-GDP, which is the important numbe...
Oct 15, 2025
IMF sounds alarm about high global public debt, urges countries to build buffers
By Andrea Shalal WASHINGTON (Reuters) -Global public debt is projected to rise above 100% of gross domestic product by 2029, reaching its highest level since 1948 and continuing to climb, the IMF said...
Oct 15, 2025
Flare-up in US-China trade tensions poses a big risk to Thailand's growth, deputy central bank governor says
By Karin Strohecker WASHINGTON (Reuters) -The fresh flare-up in trade tensions between the United States and China is a big risk to the outlook for Thailand's economic growth, the country's deputy cen...
Oct 15, 2025
US investment boom is sustainable, Bessent says
Washington (Reuters) -The wave of investment into the U.S. economy is sustainable and is only getting started, but the federal government shutdown is increasingly an impediment, U.S. Treasury Secretar...
Oct 15, 2025
US, China are still committed to global debt efforts, IMF strategy chief says
By Andrea Shalal and Karin Strohecker WASHINGTON (Reuters) -Top U.S. and Chinese officials will join Wednesday's meeting of the Global Sovereign Debt Roundtable, where a key topic will be the lack of ...
Oct 15, 2025
Sheriff's Office: Peoria's Last Chance Bar & Grill vandalized overnight
PEORIA, Ill. - The Peoria County Sheriff's Office reports that the Last Chance Bar & Grill, on W. Second Street in Peoria was vandalized early Wednesday morning. Peoria County Sheriff Chris Watkin...
Oct 15, 2025
India central bank minutes show room for rate cuts as inflation outlook softens
By Swati Bhat MUMBAI (Reuters) -India's interest-rate panel members have flagged room for future rate cuts as the country's inflation outlook turns more benign, minutes of the October meeting showed o...
Oct 15, 2025
Peoria, IL, USA
73 °F Partly cloudy
