Heroin and crack seized in Cape May County drug raid
Cape May Court House, NJ – A 48-year-old man from the Villas section of Lower Township was arrested Friday following a multi-agency drug investigation that resulted in the seizure of heroin, crack…
Others may reject Japan proposal on oil price cap, Kremlin says
MOSCOW – Russia needs to wait and see how proposals on capping the price of Russian oil exports are finalised, Kremlin spokesman Dmitry Peskov told reporters on Monday. Commenting on reports that…
Two Arrested for Atlantic City Double Shooting in May
ATLANTIC CITY, NJ – Police in Atlantic City have arrested Jerome Ford, 23, of Mays landing for the shooting of two people in May. “An investigation conducted by detectives of the Violent…
Suspect Arrested for May Capitol Park Shooting of Neighbor
DOVER, DE – A 45-year-old Dover man has been arrested after shooting his neighbor during a dispute back in May. Jaron Jones has been a fugitive on the run since the May…
U.S. construction spending unexpectedly falls in May
WASHINGTON – U.S. construction spending unexpectedly fell in May as single-family homebuilding stalled, more evidence that the Federal Reserve’s aggressive monetary policy tightening was slowing the economy. The Commerce Department said on…
New Zealand building consents fall in May
WELLINGTON, July 1 – The number of new dwelling consents approved in New Zealand fell a seasonally adjusted 0.5 percent in May compared with a 8.6 percent drop in the previous month,…
Philadelphia Police Release Video of May Murder Suspect
PHILADELPHIA, PA – The Philadelphia Police Department has released a video of a male murder suspect who shot and killed another man inside a store on West Diamond Street in May. According…
Analysis-Political and banking deadlock may plunge Lebanon deeper into crisis
By Timour Azhari and Maya Gebeily BEIRUT – Lebanon’s untamed financial crisis is gathering new menace as it heads into a fourth year, with political paralysis dampening hope of reforms that could…
Hong Kong May retail sales fall 1.7%
HONG KONG – Hong Kong’s May retail sales fell 1.7% from a year earlier after a sharp increase the previous month, government data showed on Thursday. Sales eased to HK$29.1 billion ($3.71…
Russia’s economy in May fell 4.3% year on year
(Reuters) – Russia’s economy shrank by 4.3% in May year on year after falling by a revised 2.8% in April, the economy ministry said on Thursday. In January through May, the economic…
IMF says Haiti staff-monitored program may lead to loan deal
By David Lawder WASHINGTON – The International Monetary Fund said on Wednesday its management had approved a staff-monitored program for Haiti to establish a track record of policy implementation that could lead…
BOJ may need to adjust yield cap if inflation overshoots – ex central bank official
By Leika Kihara and Takahiko Wada TOKYO – The Bank of Japan (BOJ) may need to adjust its ultra-easy policy if inflation keeps exceeding its forecast, such as by replacing its yield…
Carbon monoxide to blame for May death of three Americans in Bahamas, police say
By Jasper Ward NASSAU -The Bahamas police said on Tuesday that an investigation into the mysterious death of three Americans in May at a resort on the island of Great Exuma determined…
Brazil’s public debt rises 2.01% in May, interest rates reach 5-year highs
BRASILIA – Brazil’s federal public debt rose 2.01% in May from the month before, with the average costs of domestic debt issuance jumping to the highest level in five years amid high…
Cape May Man Arrested for Fleeing Fatal Hit and Run Crash
CAPE MAY, NJ – A Cape May County man was arrested and charged after fleeing the scene of a fatal crash he caused on Monday, June 20th. According to Middle Township police,…
U.S. pending home sales unexpectedly rebound in May
WASHINGTON – Contracts to buy U.S. previously owned homes unexpectedly increased in May after declining for six straight months, but higher mortgage rates are cooling demand for housing. The National Association of…
Ghislaine Maxwell put on suicide watch, may seek sentencing delay, lawyer says
By Jonathan Stempel NEW YORK – Ghislaine Maxwell has been put on suicide watch at a Brooklyn jail, and may seek to delay her Tuesday sentencing for aiding Jeffrey Epstein’s sexual abuse…
Wildwood Mayors, City Commissioner Charged for Illegally Taking Medical Health Benefits
WILDWOOD, NJ – Three Jersey Shore politicians aren’t enjoying those Wildwood days today after being arrested for illegally receiving health benefits from the city. Wildwood’s current Mayor Peter J. Byron, former Mayor…
IMF’s Georgieva says ‘some pain’ may be necessary to fight inflation
WASHINGTON – The head of the International Monetary Fund on Friday underscored the importance of fighting inflation now to shore up the prospects for economic growth in the future, warning that doing…
Russian Hackers May Have Blown Up A Massive Natural Gas Facility In Texas: REPORT
Russian Hackers May Have Blown Up A Massive Natural Gas Facility In Texas: REPORT Micaela Burrow on June 23, 2022 A Russian state-backed cybercrime group may be behind an explosion at a…
Quadruple real rates? Ageing may turn to market headwind: Mike Dolan
By Mike Dolan LONDON – If you were hoping this was all a bad dream, take a deep breath. Many investors craving some return to “normal” from the wild economic and market…
Singapore May manufacturing output up 13.8% y/y amid chip shortage
SINGAPORE – Singapore’s industrial output in May beat forecasts and grew 13.8% year-on-year, due to strong demand from 5G markets and data centres amid a global semiconductor chip shortage, official data showed…
Malaysia’s May CPI up 2.8% y/y, higher than forecast
KUALA LUMPUR – Malaysia’s consumer price index (CPI) rose 2.8% from a year earlier in May, government data showed on Friday. The rise was more than the 2.6% expansion forecast by 17…
Japan May factory output seen dipping for 2nd month on China lockdown- Reuters poll
By Kantaro Komiya TOKYO – Japan’s factory output probably fell in May for a second successive month due to supply chain disruptions caused by strict COVID-19 lockdowns in China, a Reuters poll…
Some long COVID patients still have virus in the blood; Paxlovid rebound patients may need longer treatment
By Nancy Lapid (Reuters) – The following is a summary of some recent studies on COVID-19. They include research that warrants further study to corroborate the findings and that has yet to…
Bargain cruises may hurt Carnival margins
By Doyinsola Oladipo NEW YORK – Carnival Corp is expected to report a smaller quarterly loss and a spike in revenue when it announces second-quarter results on Friday, but bargain-basement prices for…
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