German tax take soars, but war clouds outlook
BERLIN – Germany’s estimated tax take over the first five months of the year was 15.1% higher than last year, thanks partly to a strong …
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Gas For Me But Not For Thee: Obama To Install Massive Propane Tanks In New England Mansion
Gas For Me But Not For Thee: Obama To Install Massive Propane Tanks In New England Mansion Blake Mauro on June 15, 2022 Former President …
Analysis-Investors say Asia a safe place as Fed hikes but premature to jump in
By Rae Wee and Alun John SINGAPORE/HONG KONG – Asia’s emerging economies are better placed than most other regions to weather a bout of turbo-charged …
Not Even CNN Could Spin Biden’s Latest Poll Numbers As Anything But A Disaster
Not Even CNN Could Spin Biden’s Latest Poll Numbers As Anything But A Disaster Harold Hutchison on June 15, 2022 President Joe Biden faces “awful” …
Mexican financial system stable but global risks weigh -central bank
By Kylie Madry and Brendan O’Boyle MEXICO CITY – Mexico’s financial system is resilient and solid despite international economic and geopolitical volatility, the central bank …
Beverly Hills Man Pleads Guilty to Charge for Attempting to Hire Hitman to Murder a Woman He Briefly Dated but Later Rebuffed Him
LOS ANGELES – A Beverly Hills man pleaded guilty today to a federal murder-for-hire charge for attempting to hire a hitman to kill a …
COVID Emergency is Over, But Toms River Officials Still Want to Revive Murphy Curfew
TOMS RIVER, NJ – A provision in Phil Murphy’s pandemic emergency order has allowed Toms River officials to enact a curfew in their Seaside communities. …
Concerts and catwalks return to Venezuela, but only for those with cash
By Vivian Sequera and Mayela Armas CARACAS – Venezuelan pop and reggaeton fans able to pay the equivalent of the country’s monthly minimum wage for …
La Niña to prevail, but odds lower into later summer- U.S. forecaster
(Reuters) -La Niña conditions will likely continue but the odds for the weather pattern prevailing between August and October have decreased, to about 58%, a …
Philippines April trade deficit narrows but still close to $5 billion
MANILA – The Philippines posted a $4.8 billion trade deficit in April, narrower than the previous month’s three-month high of $5 billion, as imports sustained …
OECD slashes growth outlook, but sees limited stagflation risk
By Leigh Thomas PARIS – The war in Ukraine has made the growth outlook far bleaker even though the global economy should avoid a bout …
Illegal Alien Acquitted In Kate Steinle’s Murder Gets Time Served, But His Legal Troubles Aren’t Over Yet
Illegal Alien Acquitted In Kate Steinle’s Murder Gets Time Served, But His Legal Troubles Aren’t Over Yet Jennie Taer on June 7, 2022 A federal …
Toronto new condo demand cools but prices seen firm as developers delay launches
By Nichola Saminather TORONTO – Demand for pre-construction condominiums across Toronto has started to soften with rising interest rates, but market- watchers say developers are …
Euro zone investor morale improves but economy still in downturn
BERLIN – Investor morale in the euro zone rose more than expected in June, the first increase after Russia’s invasion of Ukraine, a survey showed …
Tourism rebounds in Portugal from pandemic slump, but return to record unlikely
By Sergio Goncalves LISBON – Tourism is rebounding more quickly in Portugal than in some parts of Europe, but the number of foreign visitors this …
Rivian R1T electric truck ‘way underpriced,’ but room to improve – expert
By Paul Lienert (Reuters) – The Rivian R1T, one of the first electric pickup trucks on the market, is “way underpriced,” according to a manufacturing …
Euro zone May business growth robust but outlook darkens -PMI
LONDON – Euro zone business growth was robust in May but is at risk of a slowdown from soaring living costs, supply chain disruptions and …
BOJ Kuroda: CPI to stay around 2% over 12 mths but lower in FY2023
TOKYO – Japan’s core consumer inflation will likely stay around 2% through this fiscal year but the pace will slow in the next year from …
Legislators Tell Governor Murphy to Give Back Billions in State Surplus to the People, But Will He?
TRENTON, NJ – New Jersey Republican legislators are calling on Governor Phil Murphy to give back billions in state surplus funds collected during the pandemic …
Media Harps On US For Being A School Shooting Paradise. But There’s Just One Problem
Media Harps On US For Being A School Shooting Paradise. But There’s Just One Problem Bryan Babb on May 26, 2022 Media outlets have stated …
India central bank gov says priority is inflation, but growth important – ET
MUMBAI – The Reserve Bank of India’s primary focus is to bring inflation down closer to target but it cannot disregard the concerns around growth, …
CRUDE FLIP-FLOP: Biden’s Energy Sec Now Open To Oil Ban, But Will It Actually Lower Gas Prices?
CRUDE FLIP-FLOP: Biden’s Energy Sec Now Open To Oil Ban, But Will It Actually Lower Gas Prices? Thomas Catenacci on May 25, 2022 The Biden …
Italy business and consumer morale rise in May but manufacturing still downbeat
ROME, May 26 – Morale amongst Italian businesses and consumers rose in May, data showed on Thursday, with service industries regaining confidence despite the ongoing …
Tanks, but no ammo – Germany’s Ukraine pledges show military muddle
By Sabine Siebold and Sarah Marsh BERLIN – Four weeks ago, Germany agreed to send dozens of anti-aircraft tanks to help defend Ukraine from Russia’s …
Dividend payouts hit first quarter record, but outlook rocky
By Lucy Raitano LONDON – Mining and oil firms led an 11% jump in dividend payouts to a first-quarter record of $302.5 billion, according to …
IMF chief does not expect recession but it isn’t ‘out of the question’
DAVOS, Switzerland – International Monetary Fund Managing Director Kristalina Georgieva on Monday said she does not expect a recession for the world’s major economies but …
Rowe to exit M&S with jump in profit, but much still to do
By James Davey LONDON – Steve Rowe will next week step down as chief executive of British retailer Marks & Spencer after a turbulent six …
Fed has ‘important but quite limited’ authority to police climate change risk, says nominee Barr
WASHINGTON – The Federal Reserve has “important but quite limited” authorities to police financial risks emanating from climate change, according to Michael Barr, President Biden’s …
New York’s Congressional Map Hasn’t Been Finalized, But Dems Are Already Backstabbing Each Other
New York’s Congressional Map Hasn’t Been Finalized, But Dems Are Already Backstabbing Each Other Sebastian Hughes on May 17, 2022 The New York congressional map …
China’s April coal output leaps 11% on year, but demand downturn looms
BEIJING – China’s daily coal output in April jumped 11% from the same month a year earlier, boosted by Beijing’s order to increase supply to …
RBI to raise rates again in June but not clear by how much: Reuters poll
By Devayani Sathyan and Prerana Bhat BENGALURU – The Reserve Bank of India will follow its surprise May rate rise with another hike at its …
Analysis: Leveraged loans hit turbulence, but investors still see long-term outperformance
By Davide Barbuscia NEW YORK – U.S. loans have outperformed other debt instruments this year because of the protection they offer from rising interest rates, …
Analysis-BOJ still a lone dove, but less so as global price pressures intensify
By Leika Kihara TOKYO – The Bank of Japan is dropping hints the recent rise in inflation may prove longer-lasting and driven by solid demand, …
Bullard: April inflation ‘hot’ but does not see 75 bp Fed rate increase ‘for now’
(Reuters) – U.S. April inflation at 8.3% remained “hot” but does not yet require the Federal Reserve to switch to three-quarter point rate increases, St. …
China wants to take Taiwan peacefully but is preparing militarily -U.S. intelligence officials
WASHINGTON – China would prefer to take over neighboring Taiwan without military action but is working to get to a position where its military could …
U.S. household debt nears $16 trln, but mortgage, auto loan demand wanes – NY Fed
(Reuters) – U.S. household debt rose to a record $15.84 trillion in the first quarter driven almost entirely by a $250 billion increase in home …
Bank of Israel still unsure on digital shekel but garners public support
By Steven Scheer JERUSALEM – Israel’s central bank said on Monday it had received public support for its plans to possibly issue a digital shekel …
Taiwan says ‘very difficult’ to get WHO invite, but trying hard
TAIPEI/BEIJING -It will be “very difficult” for Taiwan to get an invite to a major World Health Organization meeting this month, but efforts are continuing, …
China oil imports rebound in April, but weak fuel demand weighs on refiners
By Chen Aizhu SINGAPORE – China’s crude oil imports grew nearly 7% in April from the same month a year earlier, its first rise in …
Analysis-U.S. real rates up on hawkish Fed but inflation risk looms
By Davide Barbuscia NEW YORK – A jump in U.S. real yields back into positive territory is a sign that a hawkish Federal Reserve is …
EDF first-quarter sales jump but core profit outlook capped by outages
PARIS – French state-owned utility EDF’s first-quarter sales jumped 61% to 35.58 billion euros ($37.40 billion) on the back of higher power and gas prices …
New Jersey Senate Democrat Says Roe vs. Wade Decision a Nightmare, but We’re Ok in New Jersey
Trenton – Senate Majority Leader M. Teresa Ruiz said she woke up to a nightmare last night to find out that the U.S. Supreme Court …
Brazil’s industrial output rises in March but down over Q1
BRASILIA – Industrial production in Brazil rose in March, but ended the first quarter with a negative print, highlighting the challenges for the sector amid …
The Toms River Bubble Has a New Name, But Will it Stick With Visitors?
TOMS RIVER, NJ – The Toms River Regional Schools’ Bennet Indoor Sports Complex has a new name, but will it stick? Selling the naming rights …
Analysis-Iran nuclear deal near death, but West not ready to pull plug
By Arshad Mohammed, John Irish and Parisa Hafezi WASHINGTON/PARIS/DUBAI – Western officials have largely lost hope the Iran nuclear deal can be resurrected, sources familiar …
Joe Biden Calls for Unity Between Parties, But Calls Trump a Horrible Plague
U.S. President Joe Biden was able to correctly read the words from his teleprompter without screwing them up, but it could have been because he …
Australian banks’ margin woes linger but rate hikes may lift view
By Shashwat Awasthi (Reuters) – Australia’s “Big Four” banks are set to report a further squeeze on interest margins in their upcoming results dented by …
New Jersey Politicians Targeting Cops, But No Other Professions for Exempting Legal Marijuana
TOMS RIVER, NJ – This week, the Toms River Township Council and Toms River Mayor Maurice Hill joined the chorus of New Jersey politicians taking …
Biden Admin Says Oil Production Is At Historic Levels. But There’s One Problem
Biden Admin Says Oil Production Is At Historic Levels. But There’s One Problem Thomas Catenacci on April 29, 2022 Domestic crude oil production has sharply …
German economy grew slightly in Q1, but Ukraine impact growing
BERLIN -The German economy grew slightly in the first quarter of this year, supported by stronger investment, but the war in Ukraine began having an …