France’s Safran tackles impact of Ukraine war but confirms targets
PARIS – French aerospace group Safran warned of “significant impacts” from the war in Ukraine and from rising inflation, but confirmed full-year forecasts as it …
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Easing energy costs curb Spanish April price rises but core inflation jumps
MADRID – Easing energy prices helped lower Spanish 12-month inflation to 8.4% in April from March’s near 40-year high, preliminary data showed on Thursday, although …
Sweden’s SEB, Handelsbanken beat forecasts but Ukraine, inflation cloud outlook
By Johan Ahlander and Niklas Pollard STOCKHOLM -Swedish banks SEB and Handelsbanken both delivered better-than-expected quarterly profit gains on Wednesday to send their shares higher …
Europe’s Russian diesel imports drop, but still dominant
By Ron Bousso and Ahmad Ghaddar LONDON – European diesel imports from Russia are set to fall in April but will still exceed those from …
Colombia poverty declined in 2021, but still above pre-pandemic levels
BOGOTA – Poverty levels in Colombia fell last year versus 2020, amid an economic recovery in the Andean country, but have yet to return to …
Russian Patriarch prays for quick end to Ukraine conflict but avoids criticising it
(Reuters) – The leader of the Russian Orthodox Church, whose backing for Moscow’s “special military operation” in Ukraine has dismayed many fellow Christians, said on …
India wants to be friends with West but needs Russian help to defend borders, says Finance Minister -Bloomberg
MUMBAI – India wants to be strong friends with the “liberal world” but it needs Russia’s assistance to defend its borders, Finance Minister Nirmala Sitharaman …
Americans back flexible approach on masks, but eager to move on from COVID-Reuters/Ipsos
By Jason Lange WASHINGTON – Most Americans support a flexible approach to the lingering COVID-19 pandemic, with cities reimposing mask mandates when cases surge, even …
Column-Returning to work but close to retirement? Adjust your plan
By Mark Miller (Reuters) – The Great Retirement is morphing into the Great Return, with the U.S. employment report for March, released earlier this month, …
Rising calls for U.S. LNG revive stalled export projects, but at higher costs
By Marcy de Luna HOUSTON – Soaring demand for U.S. liquefied natural gas (LNG) as buyers steer clear of Russian fuel is putting some long-stalled …
U.S. has permitted more wind and solar under Biden, but needs to do more -report to Congress
(Reuters) – The U.S. has accelerated the permitting of wind and solar projects on federal lands under President Joe Biden, but his administration needs more …
Off Duty New Jersey Cops Can Smoke Weed, But Maybe Not for Long
TRENTON, NJ – With legalized marijuana finally arriving this Thursday in New Jersey, it has been announced that cops will be able to smoke weed …
BOK governor nominee flags further policy tightening, but at more sedate pace than Fed
By Cynthia Kim and Jihoon Lee SEOUL -South Korea’s central bank governor nominee Rhee Chang-yong said on Tuesday the bank will continue to tighten monetary …
Traffic Sop Leads to Nearly Two Pound Cocaine Haul but Driver Escaped
UTICA, NY – A routine traffic stop led to officers hauling in nearly two pounds of cocaine seized during the incident. According to the Utica …
China keeps medium-term policy rate unchanged, but markets expect more easing
SHANGHAI -China’s central bank kept borrowing costs of its medium-term policy loan unchanged for the third straight month as expected on Friday, despite Beijing calling …
ECB cannot ensure growth, but should stabilize prices – Lindner
By Christian Kraemer BERLIN -Inflation is the biggest threat to public finances and the European Central Bank should act on its mandate to stabilise prices, …
Judge Lets Accused Secret Service Dupers Out On Bail — But There’s A Catch
Judge Lets Accused Secret Service Dupers Out On Bail — But There’s A Catch Jennie Taer on April 13, 2022 A federal judge granted bail …
Carjackers’ Flawed Plan Helped Police, But they Got Away Anyway
PITTSBURGH, PA – A group of males carjacked two victims but left one in the car with them. It was this flaw in their plan …
Driver Shot, But Escaped Attempted Carjacking in Harrisburg
HARRISBURG, PA – A man sustained a gunshot wound while three assailants attempted to carjack him in Harrisburg on Sunday. Police said the man was …
Atlantic City Police Find Drugs, Gun, but Suspect Remains a Fugitive
ATLANTIC CITY, NJ – Atlantic City police officers are searching for a fugitive released by police after finding drugs and a gun in his vehicle …
BoK to pause in April but rates to go up every quarter – Reuters poll
By Shaloo Shrivastava BENGALURU – The Bank of Korea is likely to stand pat at its meeting this week as its committee awaits the appointment …
Oil Prices Are Falling, But It Has Nothing To Do With Biden’s Policies
Oil Prices Are Falling, But It Has Nothing To Do With Biden’s Policies Thomas Catenacci on April 11, 2022 Global crude oil prices continued to …
Analysis-U.S. strategic oil sale speeds fuel-price fix, but at what cost?
By Timothy Gardner, Julia Payne and Ahmad Ghaddar (Reuters) – The Biden administration is selling a record amount of emergency oil from national reserves to …
Cleveland Fed’s Mester says inflation elevated through 2023 but trajectory will fall – CBS
WASHINGTON – Inflation will remain high this year and next even as the Fed moves steadily to lower the pace of price increases, Cleveland Fed …
Holmdel Schools Late to the Game, But Cafeteria COVID-19 Plexiglass Shields Finally Removed from Cafeterias
HOLMDEL, NJ – New Jersey Governor Phil Murphy dropped the school masking and COVID-19 safety requirements for students on March 7th. It wasn’t until two …
Second booster shields elderly from COVID but protection wanes quickly – study
(Reuters) – A fourth dose of the Pfizer/BioNTech vaccine lowered rates of COVID-19 among the elderly but the protection against infection appeared short-lived, a large …
Fed’s Daly sees slower growth, but no recession ahead
(Reuters) – Interest rate hikes aimed at bringing down too-high inflation will slow economic growth but will not tip the U.S. economy into recession, San …
Analysis-Big victory at Amazon gives unions promise – but no end to challenges
By Jeffrey Dastin, Danielle Kaye and Julia Love (Reuters) – A vote by Amazon workers to organize their warehouse in New York surprised and inspired …
Bill to legalize marijuana passes U.S. House, but faces dim prospects in Senate
By Moira Warburton WASHINGTON – The U.S. House of Representatives on Friday passed a bill to end the federal ban on marijuana, which has created …
IEA states agree on coordinated oil release but not volumes – Japan
By Yuka Obayashi Tokyo – U.S.-allied countries on Friday agreed to their second coordinated oil release in a month to calm markets roiled by Russia’s …
Car sales in India rise but automakers warn of supply chain disruptions
By Aditi Shah NEW DELHI – Carmakers in India reported a sharp rise in annual sales for the fiscal year 2022 on Friday, but warned …
Fed’s Evans sees 7 rate hikes this year, but says that could change
By Ann Saphir (Reuters) – Chicago Federal Reserve President Charles Evans on Friday repeated his view that the U.S. central bank will likely need to …
Column-China’s manufacturers enter downturn – but for how long? Kemp
By John Kemp LONDON – China’s manufacturing sector contracted this month as coronavirus outbreaks, city-level lockdowns, rising input prices and the severe disruption of global …
Column-Q1 investment verdict? ‘Not good, but not horrible’: McGeever
By Jamie McGeever ORLANDO, Fla. – The first quarter was a scary ride for most investors but those who stuck to a conventional ’60-40′ portfolio …
Barkin: Ukraine may add to inflation, but so far has not hit broader demand
(Reuters) – The war in Ukraine has added to inflationary pressure in the U.S. but so far does not appear to have influenced demand for …
Pennachio Says Democrat Legal Weed Investigation Good, But Wants Investigation into Murphy Nursing Home Deaths Too
TRENTON, NJ – In a reaction to the Democrat party’s call for a panel to investigate why the Murphy administration is holding up legalized recreational …
BHP eyes $10 billion Chilean investments, but only with ‘legal certainty’
(Reuters) – BHP Group Ltd said on Tuesday it will invest more than $10 billion in Chile to fuel growth in the world’s largest copper …
CARS.COM REPORTS EV SEARCHES ARE UP 173% THIS MONTH, BUT RECORD-HIGH GAS PRICES AREN’T YET ENOUGH FOR MASS-MARKET ADOPTION
Current Events Accelerate EV Curiosity; Cars.com Answers With New EV Buying Guide to Help Consumers Navigate the Ins and Outs of Electric Cars CHICAGO, March …
Ukraine war creates woes, but also an opportunity for Africa -AfDB pres
By Joe Bavier JOHANNESBURG – The African Development Bank (AfDB) is aiming to raise $1 billion to rapidly ramp up agricultural production in Africa and …
‘We have nothing but grief’ says father of plane crash victim
By Martin Quin Pollard and Thomas Suen WUZHOU, China – As recovery crews sifted through the mud at the China Eastern Airlines crash site, dozens …
On the Border Coming Soon in Toms River, but What is it?
TOMS RIVER, NJ – A new restaurant is coming to the Ocean County Mall’s new “restaurant row” in the near future called “On the Border”. …
Shrinkflation and how companies are downsizing, but charging you the same price
Inflation continues to climb across America at a record pace and now, companies who are afraid to raise prices on their products, instead, are shrinking …
Japan inflation may perk up but lacks momentum, says BOJ’s Kataoka
TOKYO – Japan’s consumer inflation may briefly exceed 1.5% but likely will not gain momentum to sustainably head toward the central bank’s 2% target, Bank …
‘No Surprise’: Mayorkas Promised Border ‘Whipping’ Investigation Would Be Done ‘In Days, If Not Weeks,’ But It’s Been Six Months
‘No Surprise’: Mayorkas Promised Border ‘Whipping’ Investigation Would Be Done ‘In Days, If Not Weeks,’ But It’s Been Six Months Jennie Taer on March 22, …
Ukraine sunflower scarcity: a boon for olive oil, but hard to swallow for some
By Corina Pons and Emma Pinedo MADRID – A surge in sunflower oil prices after Russia’s invasion of Ukraine cut supply has proved an opportunity …
Wheat prices soar on Ukraine fears, but U.S. growers can’t cash in
By Julie Ingwersen and P.J. Huffstutter CHICAGO – After Russia’s invasion of Ukraine sent global wheat futures soaring, U.S. farmer Vance Ehmke was eager to …
Putin vows Russia will prevail in Ukraine but glitch hinders TV
LONDON -Russian President Vladimir Putin justified the invasion of Ukraine before a packed soccer stadium on Friday but coverage of his speech on state television …
U.S. Treasury official sees modest uptick in crypto illicit finance, but transactions small
By Andrea Shalal and Hannah Lang WASHINGTON – U.S. officials have observed an uptick in the use of digital assets to facilitate illicit finance since …
EU likely to approve Poland’s recovery plan, but money to come later
By Jan Strupczewski and Marek Strzelecki WARSAW/BRUSSELS – The European Commission could soon approve Poland’s coronavirus recovery plan, but Warsaw might only get billions in …
Marketmind: Differing paths but which is the right one?
A look at the day ahead in markets from Dhara Ranasinghe. The end of the week is in sight and one thing is clear, central …