LIMA – Peru’s central bank raised the country’s benchmark interest rate by 50 basis points to 5.5% on Thursday, the eleventh consecutive hike, as authorities in the copper-producing Andean nation …
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Financial News
Argentina interest rate seen up 200 bps as inflation boils over
by Reutersby ReutersBy Jorge Otaola BUENOS AIRES – Argentina’s benchmark interest rate is likely to be hiked another 200 basis points next week, analysts polled by Reuters estimated, as the central bank …
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Financial News
Fed’s Daly: let’s get U.S. interest rates to 2.5% as quickly as we can
by Reutersby Reuters(Reuters) – The Federal Reserve should get interest rates up to a level that no longer stimulates the economy as quickly as possible including 50-basis-point hikes at the central bank’s …
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Financial News
Peak interest rates may be lower than expected as growth slowdown looms
by Reutersby ReutersBy Sujata Rao and Saikat Chatterjee LONDON – Worsening economic data may force central banks to blink and take a less aggressive rate-rise stance, money markets are betting, having steadily …
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Financial News
Saudi Aramco shows interest in buying Valvoline’s commercial unit – sources
by Reutersby Reuters(Reuters) -Oil giant Saudi Aramco has approached motor oil and lubricant maker Valvoline Inc to buy its segment that caters to commercial customers, sources familiar with the matter told Reuters …
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(Reuters) – Kansas City Federal Reserve Bank President Esther George on Monday said she expects the U.S. central bank to lift its target interest rate to about 2% by August, …
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Department of Justice Press Releases
Government Contractor Agrees to Pay $425,000 for Alleged False Claims Related to Conflicts of Interest
by DOJ Pressby DOJ PressALEXANDRIA, Va. – Cape Henry Associates (Cape Henry), located in Virginia Beach, has agreed to pay $425,000 to resolve allegations that it violated the False Claims Act by failing to …
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LUSAKA – Zambia’s central bank on Wednesday left its main lending rate unchanged at 9% as inflation slowed, Governor Denny Kalyalya told a news conference. However, Kalyalya said a projected …
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Financial News
Belarus PM sees interest rates falling after rate cuts in Russia
by Reutersby Reuters(Reuters) – Belarusian Prime Minister Roman Golovchenko said on Wednesday he expected interest rates in his country to fall following rate cuts by the Russian central bank, despite accelerating inflation …
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Financial News
Hungary cenbank raised interest rates by 100 bps in unanimous April vote -minutes
by Reutersby ReutersBUDAPEST – Hungarian rate-setters voted unanimously to raise the base rate by 100 basis points to 5.4% on April 26, the minutes of the meeting showed on Wednesday. “The Monetary …
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Financial News
Fed’s Williams: 50 bps interest rate hikes at next two meetings “makes sense”
by Reutersby ReutersELTVILLE AM RHEIN, Germany – The Federal Reserve’s signal that it will likely raise interest rates by 50 bps at each of its next two meetings in June and July …
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SANTIAGO – Chile is expected to hike its benchmark interest rate to 9% in June, a central bank poll of analysts suggested on Tuesday, as the world’s top copper producer …
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Financial News
Bank of Canada turns to interest rate guidance as it battles inflation
by Reutersby ReutersBy Julie Gordon OTTAWA – Faced with runaway inflation, Canada’s central bank has taken the rare step of providing guidance on the path of interest rates, as it aims to …
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By Alexandra Schwarz-Goerlich and Tom Sims VIENNA – Austria’s Raiffeisen Bank International, one of the European banks most exposed to Russia, has received unsolicited indications of interest for its Russia …
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Breaking NewsMonmouth County NewsNew Jersey NewsOcean County NewsPolitics
Ethics Complaint Filed Against Monmouth County Sheriff Questions Conflicts of Interest
by Phil Stiltonby Phil StiltonFREEHOLD, NJ – A formal ethics complaint has been filed against Monmouth County Sheriff Shaun Golden, who also serves as the Monmouth County Republican Party Chairman, by a former Monmouth …
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Breaking NewsConnecticut NewsPolice Blotter
Police Investigating Murder in Chaplin, Person of Interest Sought
by Adam Devineby Adam DevineCHAPLIN, CT – The Connecticut State Police today are searching for the driver of a pickup truck in the area of a murder that took place early Sunday morning in …
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Financial News
China says U.S. cutting tariffs on Chinese goods would be in interest of U.S. firms, consumers
by Reutersby ReutersBEIJING – China’s Commerce Ministry said on Thursday that if Washington cut tariffs on Chinese goods, it would be in the interests of U.S. firms and consumers. Gao Feng, ministry …
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Business News
Report: “Conflicts of Interest” – Environmental Organizations Take Offshore Wind Industry Money
by Your Newsby Your NewsAs Right Whales Face Extinction, Wind Power Gives Millions to Environmental Groups from Maryland to Massachusetts NANTUCKET, Mass., April 27, 2022 — From Maryland to Massachusetts, Wind Power corporations (most …
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Breaking NewsOhio NewsPolice Blotter
Do You Recognize Him? Police Say He’s a Person of Interest in Barbershop Murder
COLUMBUS, OH – The Columbus Police Department is asking the public for assistance in identifying a man who is reported to be a person of interest in today’s barbershop murder. …
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Top HeadlinesUS and World News
Exclusive-Food distributor SpartanNash attracts acquisition interest -sources
by Reutersby ReutersBy Svea Herbst-Bayliss BOSTON – United Natural Foods Inc and Oak Street Real Estate Capital are separately working on bids for U.S. food distributor SpartanNash Co, people familiar the matter …
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Featured NewsTop HeadlinesUS and World News
MYERS: Liberals Are Kneecapping Environmental Efforts With Special Interest Politics
MYERS: Liberals Are Kneecapping Environmental Efforts With Special Interest Politics Todd Myers on April 22, 2022 Across the country, environmental concerns have spawned massive government spending proposals. Cost estimates of …
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Department of Justice Press Releases
Texas Man Sentenced to Federal Prison for Months’ Long Cyberstalking Campaign Sparked by an Unrequited Love Interest
by DOJ Pressby DOJ PressBaltimore, Maryland – U.S. District Judge Richard D. Bennett sentenced Desmond Babloo Singh, age 20, of Temple, Texas, late yesterday to 18 months in federal prison, followed by one year …
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Financial News
Fed’s Evans repeats view he sees interest rates at neutral rate by year end
by Reutersby Reuters(Reuters) – The U.S. Federal Reserve should proceed sensibly in raising interest rates as it waits to see if special factors pushing up inflation begin to recede, Chicago Federal Reserve …
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Financial News
U.S. mortgage interest rates reach a 12 year high, demand falters
by Reutersby Reuters(Reuters) – The average interest rate on the most popular U.S. home loan climbed to a 12 year high last week and fewer homebuyers sought properties in a sign that …
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Financial News
Buyout firm Thoma Bravo approaches Twitter with acquisition interest
by Reutersby ReutersNEW YORK – Buyout firm Thoma Bravo LP has contacted Twitter Inc to express interest in putting together an acquisition offer that would rival Tesla Inc Chief Executive Elon Musk’s …