New Jersey’s Dollar a Day Auto Insurance Leaves Fully Paid Insurance Plans to Pay the Bill
TRENTON, N.J. — Automobile insurance in New Jersey is skyrocketing and there doesn’t seem to be an end in sight. Driver’s licenses for illegal aliens and this low-cost $1 per day insurance…
China state lenders lower dollar deposit rates for second time in a month – sources
By Winni Zhou and Ryan Woo SHANGHAI/BEIJING (Reuters) – China’s major state banks have lowered their dollar deposit rates for the second time in a month, seven banking sources with direct knowledge…
US dollar share of global reserves edges up in Q1, euro’s share dips – IMF
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar’s share of currency reserves reported to the International Monetary Fund rose in the first quarter of the year, in the midst of…
Former GOP State House Speaker Sentenced To 20 Years For Multi-Million Dollar Bribery Scheme
Former GOP State House Speaker Sentenced To 20 Years For Multi-Million Dollar Bribery Scheme Ailan Evans on June 30, 2023 Former Ohio Republican state House Speaker Larry Householder was sentenced Thursday to…
China’s PBOC asks foreign banks about dollar deposit rates amid weak yuan – sources
SHANGHAI/BEIJING (Reuters) – China’s central bank has surveyed some foreign banks in the past week about the interest rates they offer to their clients for dollar deposits, people familiar with the matter…
Investigators Probe Texas AG’s Multi-Million Dollar Real Estate Binge: REPORT
Investigators Probe Texas AG’s Multi-Million Dollar Real Estate Binge: REPORT Mary Lou Masters on June 29, 2023 Investigators have widened the scope of their impeachment probe into suspended Republican Attorney General Ken…
Explainer-‘Organized’ retail crime: a ‘multi-billion dollar problem’
By Siddharth Cavale NEW YORK (Reuters) – Top executives and major law enforcement agencies in the U.S. are fretting about organized crime rings targeting retailers’ stores and trucks for goods they can…
Murphy’s ‘billion dollar bailout’ of foreign wind farm company opposed
TRENTON, NJ – Senator Ed Durr has voiced his staunch opposition to proposed legislation that seeks to redirect funds of up to $1 billion from ratepayers to a foreign company responsible for…
Rouble hits 15-month low past 87 vs dollar on political risk concerns
(Reuters) – The Russian rouble weakened past 87 against the dollar to a 15-month low on Thursday, hampered by domestic political risk concerns after an aborted mutiny over the weekend, with market…
Ford Plans More Mass Layoffs After Getting Multibillion Dollar Loan From Biden: REPORT
Ford Plans More Mass Layoffs After Getting Multibillion Dollar Loan From Biden: REPORT John Hugh DeMastri on June 27, 2023 Ford Motor Co. is set to lay off at least 1,000 employees…
Marketmind: Business brakes in June swoon, dollar jumps
A look at the day ahead in U.S. and global markets from Mike Dolan Just as world stock prices raced ahead this month, broader business activity appeared to be stalling again. Surprisingly…
Powell says he expects dollar to remain global reserve currency
(Reuters) – Federal Reserve Chair Jerome Powell said on Wednesday he expects the U.S. dollar to remain the world’s reserve currency as long as democratic institutions and the rule of law remain…
Crofton Dollar General robbed, employee assaulted
CROFTON, MD – Officers from the Western District were recently called to a Dollar General store in response to a shoplifting and strongarm robbery that occurred Sunday afternoon. The suspects, a male…
Saudi Arabia Inks Multi-Billion Dollar Deal With China As Kingdom Seeks To ‘Collaborate’ With CCP
Saudi Arabia Inks Multi-Billion Dollar Deal With China As Kingdom Seeks To ‘Collaborate’ With CCP Philip Lenczycki on June 12, 2023 The Saudi Arabian government announced its intention to “collaborate” with the…
PIMCO’s bond CIO says underweight dollar, sees value in UK gilts
By Harry Robertson LONDON (Reuters) – PIMCO is underweight the U.S. dollar and overweight UK government bonds in some funds, a senior fund manager said on Monday. “There’s no guarantee that we’re…
Montgomery County Detectives Investigating Dollar City Robbery
MONTGOMERY COUNTY, MD – On Thursday, the Major Crimes Division of the Montgomery County Department of Police initiated an investigation into an armed robbery at the Dollar City and More on the…
Financial Markets Brace For America’s New Trillion Dollar Debt Binge
Financial Markets Brace For America’s New Trillion Dollar Debt Binge Will Kessler on June 7, 2023 U.S. financial markets are bracing for an influx of more than $1 trillion in new Treasury…
Column-Beware conflating ‘de-dollarisation’ with weaker dollar: Mike Dolan
By Mike Dolan LONDON (Reuters) – Even if the U.S. dollar’s singular dominance as global currency of choice is in fact ebbing, it may not automatically lead to a weaker dollar exchange…
Argentine central bank logs biggest U.S. dollar purchase in five months
BUENOS AIRES (Reuters) – Argentina’s central bank purchased $451 million of foreign currency on Wednesday to bolster its dwindling hard currency reserves, after daily sales from farm exports topped $1 billion, providing…
Marketmind: China factory fright, dollar surges
A look at the day ahead in U.S. and global markets from Mike Dolan With the U.S. debt ceiling saga nearly over, the state of the global economy hoves back into view…
Marketmind: Dollar flexes its muscles
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Global trading volumes return to more normal levels on Tuesday as U.S. and UK markets…
Pennsylvania Single Mom claims million dollar lottery prize
Latrobe, PA – The Pennsylvania Lottery, in collaboration with SHOP ‘n SAVE, a lottery retailer, proudly presented a commemorative check to the fortunate winner of the recent Millionaire Maker Scratch-Off, worth a…
US dollar dominance to persist for decades despite challenges – Moody’s
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The U.S. dollar’s dominance in international trade and finance will persist for decades despite new challenges and even when a more multipolar currency system…
IMF Managing Director says she does not expect a rapid shift in US dollar reserves
DOHA (Reuters) – The International Monetary Fund’s managing director said on Wednesday she does not expect there to be a rapid shift in reserves of the US dollar. Asked about de-dollarisation of…
Marketmind: Fed hawks re-emerge, dollar pumped
A look at the day ahead in U.S. and global markets from Mike Dolan Amid all the hand-wringing over the debt ceiling row and background banking anxiety, the U.S. economy is holding…
New Jersey senator pushes million dollar bill to bail out wealthy racehorse owners
TRENTON – The Senate State Government, Wagering, Tourism & Historic Preservation Committee has made significant progress on a bill sponsored by Senator Vin Gopal. The proposed legislation aims to allocate $1 million…
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