Bank of England says 12-month inflation expectations hit record
LONDON – The British public’s expectations for the rate of inflation in a year’s time have risen to their highest in records going back to …
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Japan May import growth likely hit 6-month high on commodity rally, weak yen – Reuters poll
By Kantaro Komiya TOKYO – Japanese imports likely jumped in May at the fastest pace in six months, buoyed by surging raw material prices and …
12-Year-Old Struck by Hit and Run Driver in the Bronx
NEW YORK, NY – A 12-year-old girl was struck and injured by a vehicle after she ran in front of the speeding car on Boone …
Asia’s jet fuel refining profits hit all-time record, seen climbing further
By Koustav Samanta SINGAPORE – Asian jet fuel refining profits – already at all-time highs – have enough leg room for more gains in the …
Lancaster Man Assaulted Female Passenger, Gets Hit With Illegal Gun Charge at Jersey Shore
WILDWOOD CREST, N J – A 27-year-old Lancaster man who engaged in a physical assault of a female passenger in his vehicle has been arrested …
Police Seeking to Identify Hit and Run in Vineland
VINELAND, NJ – Police in Vineland are trying to identify a dark SUV that struck a pedestrian on Saturday and fled the scene. “This past …
J.M. Smucker to take $125 million hit from Jif peanut butter recall
(Reuters) – J.M. Smucker Co on Tuesday warned of a $125 million hit in the full year from the recall of certain Jif peanut butter …
Emerging markets with twin 4% deficits to hit record – Fitch
By Rachel Savage LONDON – The share of emerging markets with budget and current account deficits of 4% of GDP or more is set to …
Possible Armed Robbers Hit New Castle Walmart
NEW CASTLE, DE – Two male suspects held up a Walmart in New Castle and made their victims think they were carrying guns, police said …
U.S. aims to ramp up international tourism hit hard by COVID
By David Shepardson WASHINGTON – The U.S. Commerce Department on Monday will unveil a new strategy aimed at boosting international tourism hit hard by COVID-19 …
Driver With Learner Permit Arrested After Fleeing From Deadly Hit and Run
HAUPPAUGE, NY (PRESS RELEASE) – A Brentwood woman driving with a learner permit was arrested this morning for fleeing the scene of a motor vehicle …
Man Killed in Hit and Run Crash on Parkway in Elizabeth
ELIZABETH, NJ – A man walking along the shoulder on the Garden State Parkway was struck and killed and the driver fled the scene. Now, …
11 Shots Fired, 2 Hit, and One Dead in Pittsburgh
PITTSBURGH, PA – Police in Pittsburgh are investigating a shooting that happened early this morning. Police said officers and medics responded to a ShotSpotter alert …
3M expects $300 million revenue hit from China COVID lockdowns
(Reuters) – Industrial conglomerate 3M CO on Wednesday warned of a $300 million hit to revenue in the current quarter as COVID lockdowns in China …
Business lobby sees 2% hit on Italy’s GDP if Russia stops gas
MILAN – Italy’s business lobby Confindustria forecasts an almost 2% hit on the country’s gross domestic product (GDP) on average per year in 2022 and …
Driver of 2015 Toyota Avalon Wanted for Hit and Run in Pine Lake Park
MANCHESTER, NJ – Police in Manchester are seeking to identify the driver of a dark-colored 2015 Toyota Avalon that was involved in a hit and …
Cuba’s sugar harvest worst in over century, another hit to ailing economy
HAVANA – Cuba’s emblematic sugar harvest topped out at just over half of the communist-run government’s target this year, according state-run newspaper Granma, representing another …
Somerset County Offices Hit with Ransomware Attack
SOMERSET COUNTY, NJ – It’s not known what, if any personal data has been compromised, but the Somerset County computer network has been infected with …
Bank of Korea to raise rates again on May 26, to hit 2.25% by year end – Reuters poll
By Shaloo Shrivastava BENGALURU – South Korea’s central bank is likely to hike its benchmark rate at a second consecutive meeting on Thursday to combat …
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 …
DHL exec says China lockdowns will hit supply chains more than Ukraine war
BERLIN – Lockdowns in China are having greater impact on global supply chains than the war in Ukraine and will be felt even after they …
Egypt expects Suez Canal revenues to hit $7 billion by end of fiscal year – minister
CAIRO – Egypt expects the Suez Canal’s revenues to reach about $7 billion by the end of the current fiscal year, finance minister Mohamed Maait …
Two New Jersey Car Dealers Hit by State Over Consumer Protections Violations
NEWARK (PRESS RELEASE by NJ OAG) – As supply chain issues continue to affect prices for new and used vehicles, Acting Attorney Matthew J. Platkin …
Black Knight’s First Look: Mortgage Delinquencies Hit Yet Another Record Low in April, Driven by Continued Improvement Among Seriously Past-Due Loans
The national delinquency rate fell to 2.80% in April, down four basis points from March, hitting a new record low for the second consecutive month …
Shanghai economy hit on all sides in April by COVID lockdown
BEIJING -China’s commercial hub of Shanghai reported on Friday a broad decline in its economy last month when a city-wide COVID lockdown shut factories and …
Driver Arrested in November Fatal Hit and Run
JERSEY CITY, NJ – A 22-year-old male was arrested on Tuesday in connection to fatal hit and run incident that took place last November. Police …
‘Disingenuous And Biased’: Pro-Lifers Hit Back After NYT Opinion Piece Attacks Crisis Pregnancy Centers
‘Disingenuous And Biased’: Pro-Lifers Hit Back After NYT Opinion Piece Attacks Crisis Pregnancy Centers Laurel Duggan on May 13, 2022 The New York Times published …
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, …
Utica Woman Charged for Pedestrian Hit and Run
UTICA, NY – A Utica woman was charged after she fled the scene of a crash involving her vehicle and a pedestrian on May 3rd. …
Family of Black man shot by Houston police say he was hit while fleeing officers
(Reuters) – The family of a Black man fatally shot by Houston police last month said on Thursday that an independent autopsy showed he had …
Fed’s Waller says now is the time to ‘hit it’ on raising rates
(Reuters) – Federal Reserve Governor Christopher Waller said on Tuesday it is time to “hit it” on raising interest rates to deal with inflation that …
Fuel Prices Hit Record Highs After Biden Promised To Lower Costs
Fuel Prices Hit Record Highs After Biden Promised To Lower Costs Thomas Catenacci on May 10, 2022 The average price of gasoline in the U.S. …
WEEKEND OF ‘INTIMIDATION’: Abortion Activists Descend On Justices’ Homes As Vandals Hit Churches, Pro-Life Groups
WEEKEND OF ‘INTIMIDATION’: Abortion Activists Descend On Justices’ Homes As Vandals Hit Churches, Pro-Life Groups Harold Hutchison on May 9, 2022 Demonstrators protested outside the …
Rivian skids 14% to hit new low on report Ford to sell shares
(Reuters) – Shares of Rivian Automotive Inc opened at a record low on Monday, down 14%, after a report that early investor Ford would be …
Wall St slides at open as rising bond yields hit growth stocks
(Reuters) – Wall Street’s major indexes opened lower on Monday as rising U.S. Treasury yields amid prospects of aggressive monetary policy tightening weighed on growth …
Pedestrian Struck in White Oak Hit And Run Suffered Serious Injuries
WHITE OAK, MD – A 19-year-old male suffered serious injuries on Thursday when he was struck by a vehicle at the intersection of Columbia Pike …
Shanghai tightens lockdown to hit zero-COVID goal by late May – sources
SHANGHAI – Shanghai is tightening its already strict COVID-19 lockdown in a fresh push to eliminate infections outside quarantined areas of China’s biggest city by …
China’s trade seen faltering in April as COVID curbs hit output: Reuters poll
BEIJING – China’s export growth is expected to have slowed to a crawl in April as strict COVID-19 curbs hit production while imports likely extended …
Chemicals group Lanxess says Russian gas embargo would hit profit
By David Latona (Reuters) -German speciality chemicals maker Lanxess on Thursday said a potential embargo on Russian gas would weigh on its production and core …
Buffalo Man Gets 5 Years of Probation for Fatal Hit and Run
BUFFALO, NY – A 24-year-old Buffalo man previously convicted for a fatal hit and run has been sentenced to probation. According to Erie County District …
EU clears $11.6 billion German scheme for companies hit by Russia sanctions
BRUSSELS – EU competition regulators on Wednesday approved a 11-billion-euro ($11.58 billion) German scheme to help companies hit by sanctions against Russia, similar to those …
Tragic, Linden Police Chief says After 18-year-old Seriously Injured in Hit and Run
LINDEN, NJ – Police Chief David Hart, of the Linden Police Department says his department is still trying to find the driver involved in a …
As some states hit record low unemployment, Fed faces tough adjustment
By Howard Schneider WASHINGTON – When Georgia matched its record low unemployment rate of 3.4% last October, officials in the southern U.S. state could, in …
29-Year-Old D.C. Man Killed in Hit and Run
PALMER PARK, MD – A man walking on Burnside Road on Saturday was struck and killed by a passing vehicle that later fled the scene, …
Negative-yielding corporate debt disappears as euro yields hit 8-year high
By Yoruk Bahceli (Reuters) – Yields on euro investment-grade corporate bonds have climbed to their highest in over eight years, a widely-followed index showed on …
Weekly inflows in global money market funds hit a 6-month high
(Reuters) – Global money market funds obtained massive inflows in the week to April 27 as investors rushed to safer assets on concerns over economic …
S.Korea April export growth to hit 14-mth low; inflation near 11-yr high: Reuters poll
By Jihoon Lee SEOUL – South Korea’s exports are expected to have posted their slowest growth in 14 months in April while consumer inflation is …
Alicia Keys Takes Huge Hit, Selling $12 Million New Jersey Home for $6 Million
ENGLEWOOD, NJ – Pop superstar Alicia Keys has sold her New Jersey home after unsuccessfully trying to move it for the past seven years. The …
Russia’s GDP decline could hit 12.4% this year, economy ministry document shows
(Reuters) -Russia expects the economy to contract by 8.8% in 2022 in its base case scenario, or by 12.4% under a more conservative scenario, an …
18-Year-Old in Critical Condition After Being Struck in Hit and Run in Linden
LINDEN, NJ – Police are investigating a serious auto-pedestrian crash that occurred last Monday night. According to police, at approximately 11: 15 p.m., the suspect …