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  • Financial News

    Fed’s Mester calls for frontloading rate hikes, sees rise to 2.5% in 2022

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    By Ann Saphir – Cleveland Federal Reserve Bank President Loretta Mester on Tuesday said she would like to raise interest rates to about 2.5% by year end, with bigger rate …

  • Department of Justice Press Releases

    Gang Leader Sentenced To Over 17 Years In Prison For Drug And Gun Offenses

    by DOJ Press March 22, 2022
    by DOJ Press March 22, 2022

    Tampa, Florida – United States District Judge Thomas P. Barber today sentenced Keon Moore (30, Tampa) to 17 years and 6 months in federal prison for possessing a firearm or …

  • Department of Justice Press Releases

    Ex-Roommate and Co-Conspirator of Former Philadelphia Eagle Sentenced to 2 Months for Insider Trading Scheme

    by DOJ Press March 22, 2022
    by DOJ Press March 22, 2022

    PHILADELPHIA – United States Attorney Jennifer Arbittier Williams announced that Mark Wayne Ramsey, 32, of San Francisco, CA, was sentenced to 60 days in prison, three years of supervised release, …

  • Department of Justice Press Releases

    Cottage Grove Man Pleads Guilty to Bank Robbery

    by DOJ Press March 22, 2022
    by DOJ Press March 22, 2022

    Minneapolis – A Cottage Grove man has pleaded guilty today to bank robbery, announced Acting U.S. Attorney Charles J. Kovats. According to court documents, in November 2021, Michael Thomas Prall, …

  • Department of Justice Press Releases

    Marion County man admits to firearms charge

    by DOJ Press March 22, 2022
    by DOJ Press March 22, 2022

    CLARKSBURG, WEST VIRGINIA – Dennis Lee Boyce, of Fairmont, West Virginia, has admitted a firearms charge, United States Attorney William Ihlenfeld announced. Boyce, 50, pleaded guilty today to one count …

  • Department of Justice Press Releases

    Sioux City Man Off to Federal Prison for Meth Conspiracy

    by DOJ Press March 22, 2022
    by DOJ Press March 22, 2022

    A man who conspired to distribute methamphetamine was sentenced March 15, 2022, in federal court in Sioux City, to more than 7 and ½ years. Daniel Dickey, 34, from Sioux …

  • Department of Justice Press Releases

    by DOJ Press March 22, 2022
    by DOJ Press March 22, 2022

    Three members of a violent criminal gang were convicted today in the U.S. Virgin Islands (USVI) by a federal jury for RICO conspiracy, murder, attempted murder, robbery, and drug dealing. …

  • Department of Justice Press Releases

    Metro-Atlanta Meth Supplier and Courier Plead Guilty to Federal Charges

    by DOJ Press March 22, 2022
    by DOJ Press March 22, 2022

    MACON, Ga. – Two metro-Atlanta residents admitted guilt to their roles in distributing a large amount of methamphetamine in Middle Georgia. Christian Jesus Pineda, 27, of Duluth, Georgia, pleaded guilty …

  • Department of Justice Press Releases

    Billings woman admits trafficking meth, fentanyl

    by DOJ Press March 22, 2022
    by DOJ Press March 22, 2022

    BILLINGS — A Billings woman accused of possessing multiple drugs, including methamphetamine and more than 9,000 fentanyl pills, for distribution admitted to a trafficking crime today, U.S. Attorney Leif M. …

  • Department of Justice Press Releases

    Key West Man Sentenced to 180 Months in Federal Prison for Laundering Victim Funds to Nigeria

    by DOJ Press March 22, 2022
    by DOJ Press March 22, 2022

    Miami, Florida – A Key West man was sentenced yesterday to 180 months’ imprisonment for laundering approximately $1 million of victim funds that were illegally obtained from romance and investment …

  • Department of Justice Press Releases

    Caldwell Man Sentenced to 6.5 Years for Possession with Intent to Distribute Methamphetamine

    by DOJ Press March 22, 2022
    by DOJ Press March 22, 2022

    BOISE – A Caldwell man was sentenced to 78 months in federal prison for possessing methamphetamine with the intent to distribute it to others. According to court records, on June …

  • Department of Justice Press Releases

    Arizona Woman Sentenced to 57 Months for Conspiracy to Smuggle Fentanyl and Heroin into the U.S.

    by DOJ Press March 22, 2022
    by DOJ Press March 22, 2022

    TUCSON, Ariz. – Michelle Krystal Mendez, 36, of Arizona, was sentenced by U.S. District Judge Jennifer G. Zipps to 57 months in prison, followed by three years of supervised release. …

  • Financial News

    Most dealers see UK trimming gilt issuance plans in 2022/23

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    By Andy Bruce LONDON – British government bond issuance will fall closer towards pre-pandemic norms in the coming financial year, when the market’s biggest buyer over the last decade – …

  • Financial News

    Wall Street stocks, Treasury yields rise on hawkish Fed comments

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    By Lawrence Delevingne BOSTON -Treasury yields marched higher on Tuesday, bringing U.S. stocks with them, as investors digested the increased likelihood of swift interest rate hikes following hawkish comments from …

  • Financial News

    Oil edges lower as EU looks less likely to ban Russian oil

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    By Laura Sanicola -Oil edged lower on Tuesday after it looked unlikely that European Union nations would agree to join the United States in a Russian oil embargo in retaliation …

  • Financial News

    Nike runs past manufacturing setbacks; sales jump

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    By Uday Sampath Kumar -Nike Inc said on Monday manufacturing issues pinching sales over the past six months were now behind it, positioning the company to take advantage of surging …

  • Financial News

    Ericsson CEO says he told staff to hand U.S. full Iraq report in 2019

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    By Supantha Mukherjee STOCKHOLM – Ericsson Chief Executive Borje Ekholm said on Tuesday he had told staff in 2019 to disclose to the U.S. Department of Justice all information on …

  • Financial News

    Dollar slips as Powell boost fades

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    By Chuck Mikolajczak NEW YORK – The dollar edged lower on Tuesday as a boost from comments by U.S. Federal Reserve Chair Jerome Powell that boosted the greenback on the …

  • Financial News

    Biden will announce joint action on reducing European reliance on Russia oil and gas – White House

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    WASHINGTON – U.S. national security adviser Jake Sullivan said on Tuesday that U.S. President Joe Biden will announce joint action on enhancing European energy security and reducing its dependence on …

  • Financial News

    Fed’s Daly: rates need to rise to tamp down too-high inflation

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    By Ann Saphir – San Francisco Federal Reserve Bank President Mary Daly said Tuesday she believes the “main risk” to the U.S. economy is from too-high inflation that could get …

  • Financial News

    France’s TotalEnergies to quit Russian oil supply contracts

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    By Geert De Clercq and Shadia Nasralla PARIS/LONDON -French oil major TotalEnergies said on Tuesday it would not renew its Russian gasoil and crude oil supply contracts for its German …

  • Financial News

    Warren Buffett ends drought with Berkshire’s $11.6 billion Alleghany purchase

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    By Noor Zainab Hussain and Jonathan Stempel NEW YORK -Warren Buffett’s Berkshire Hathaway Inc on Monday struck an agreement to buy insurance company Alleghany Corp for $11.6 billion, only weeks …

  • Financial News

    WTO trade talks in disarray amid Ukraine tensions – sources

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    By Emma Farge GENEVA – Western countries are refusing to engage with Russia at the World Trade Organization (WTO) in Geneva in a coordinated move that has already led to …

  • Financial News

    Factbox-Stranded assets: How many billions are stuck in Russia?

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    -Global companies, banks and investors have so far disclosed nearly $135 billion in exposure to Russia, company statements show. That number could rise in the coming weeks. Here is a …

  • Financial News

    Exclusive: Ukraine 2022 spring crop sowing area could be halved – minister

    by Reuters March 22, 2022
    by Reuters March 22, 2022

    By Pavel Polityuk LVIV, Ukraine – Ukraine’s spring crop sowing area may more than halve this year from 2021 levels to some 7 million hectares, its Agriculture Minister Roman Leshchenko …

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