WASHINGTON – U.S. wholesale inventories increased less than initially thought in May, suggesting that inventory investment could subtract from gross domestic product in the second quarter. The Commerce Department said…
BRASILIA – Brazil’s Senate on Thursday approved a major pre-election aid package, sending the government-backed measure to the lower house. The measures are seen as a crucial pillar of President…
NEW YORK, NY – The New York City Police Department is searching for a subway slasher in lower Manhattan today. On Monday, a 29-year-old man was attacked and slashed inside…
By Ron Bousso and Shadia Nasralla LONDON – The North Sea’s biggest oil and gas producer, Harbour Energy, has told the British government that Britain’s planned windfall tax on the…
BUFFALO, NY – When police responded to a shooting on Buffalo’s lower west side on May 24th, they discovered a 30-year-old man with multiple gunshot wounds in critical condition. Today,…
LIMA – Peru’s economic growth will likely be slightly lower this year, according to a new central bank forecast on Friday following disruptions to major mining projects in the Andean…
NEW YORK, NY – A 2-year-old boy who was crossing the street with his father at the intersection of Suffolk Street and East Houston Street in Manhattan’s Lower East Side…
United States Attorney Alison J. Ramsdell announced that a Lower Brule, South Dakota, woman convicted of Voluntary Manslaughter was sentenced on June 13, 2022, by Chief Judge Roberto A. Lange,…
Biden Privately Admitted His Gambit To Lower Gas Price Was Pointless: REPORT Thomas Catenacci on June 13, 2022 President Joe Biden privately acknowledged his effort to boost biofuel production to…
By Jan Lopatka and Jason Hovet PRAGUE – The Czech Republic’s finance minister told Reuters he aimed to keep next year’s budget deficit target below this year’s plan – after…
(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 U.S. government weather forecaster said…
LONDON – European retail stocks fell sharply on Tuesday, spooked by U.S. retailer Target Corp slashing its quarterly margin forecast for the second time in less than a month. Target…
By Wayne Cole SYDNEY – Australian home prices broke a 20-month winning streak in May as falls accelerated in Sydney and Melbourne amid rising interest rates and a cost-of-living crunch.…
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 April 2023, Bank of Japan…
By 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…
By Mike Dolan LONDON – One of the worst starts to a year in decades might lead you to think investors are already braced for an economic storm ahead, but…
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 administration appeared to reverse its…
United States Attorney Alison J. Ramsdell announced that a Lower Brule, South Dakota, man has been indicted by a federal grand jury for Failure to Register as a Sex Offender.…
MUMBAI – India’s central bank transferred 303.07 billion rupees ($3.91 billion) to the government as a dividend for the fiscal year ending in March 2022 and decided to keep its…
DUBAI – Saudi Tadawul Group, the kingdom’s stock exchange operator, posted a 21.7% decline in first quarter net profit on Sunday on a slowdown in trading services and listing fees.…
TRENTON, N.J. – A bill that would ease the requirements to be a school bus driver in the state of New Jersey has moved one step closer to becoming law…
TOKYO – Japan’s economy likely contracted in the first three months of this year as the lingering fallout from the COVID-19 pandemic took a toll on consumption and exports, a…
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. shot up to a new…
SHANGHAI -China’s auto association estimates that sales in April dropped 48% year-on-year, as zero COVID-19 policies shut factories, limited traffic to showrooms and put the brakes on spending. The estimate…
MILAN -Italy’s Banco BPM posted a higher-than-expected first-quarter net profit on Thursday, helped by a combination of higher revenues and lower loan writedowns. Banco BPM, which is Italy’s third-largest bank,…