Fed may have to be more aggressive after hiking rates this year, Kashkari says
By Ann Saphir – The Federal Reserve should raise its policy rate to the range of 1.75% to 2% this year, Minneapolis Fed President Neel …
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Essex County Man Sentenced to 33 Months in Prison for Conspiring to Fraudulently Obtain More Than $700,000
NEWARK, N.J. – An Essex County, New Jersey, man was sentenced today to 33 months in prison for conspiring to fraudulently obtain more than $700,000, …
BP CEO Looney’s 2021 pay package more than doubles to around $5.9 million
LONDON – BP CEO Bernard Looney’s total renumeration in 2021 rose to 4.46 million pounds ($5.86 million) from 1.74 million, BP’s annual report published on …
Porsche AG sets more ambitious electric vehicle target
FRANKFURT – Luxury sportscar maker Porsche AG, which parent Volkswagen could float in a partial stock market listing later this year, on Friday set out …
Former City of Chicago Alderman Sentenced to More Than a Year in Federal Prison for Using Political Funds To Pay Personal Expenses
CHICAGO — Former City of Chicago Alderman RICARDO MUNOZ was sentenced today to 13 months in federal prison for using money from a political fund …
Pablo meth dealer sentenced to more than six years in prison
MISSOULA —A Pablo man who admitted to trafficking methamphetamine and heroin in the Lake County community was sentenced today to six years and six months …
Serial Offender Sentenced To 9 Years For Medical Frauds Causing More Than $3.5 Million In Losses
SAN FRANCISCO – Joseph Albert Corey was sentenced in federal court today to 108 months for two separate fraud schemes causing more than $3.5 million …
Appeals Court Reinstates Biden Climate Policy, Opening Door For More Regulation
Appeals Court Reinstates Biden Climate Policy, Opening Door For More Regulation Thomas Catenacci on March 17, 2022 A federal appeals panel nixed a lower court …
‘Sustainable’ funds are no more green than traditional products, study finds
LONDON – Investment funds that market themselves as sustainable under European rules get similar levels of “green revenues” through the companies they invest in as …
Canadian inflation seen peaking at or above 6%; more rate hikes in the cards
By Julie Gordon and Fergal Smith OTTAWA – A commodities rally sparked by Russia’s invasion of Ukraine will push Canadian inflation higher for longer, with …
Leader of Pandemic Unemployment Insurance Benefits Scheme Sentenced to Prison and Ordered to Pay More Than $350k in Restitution
Acting U.S. Attorney Michelle M. Baeppler announced that Lawrence Lawson, 41, of Cleveland, Ohio, was sentenced on March 15, 2022, to 51 months in prison …
Manahawkin residents can Eat More Chicken as long-awaited Chick-fil-A store opens today
MANAHAWKIN, NJ – Move over McDonald’s and Burger King, Manahawkin is officially in the chicken business starting today. Doors opened at 6:30 am this morning. …
Wayne man headed to prison for 10 years after downloading more lewd images of children
WAYNE, NJ – A repeat offender is headed to prison for 10 years for possessing multiple lewd and obscene photos of children, according to U.S. …
Fed signals fastest tightening since 2006; markets see more
By Ann Saphir – Federal Reserve policymakers on Wednesday signaled much faster interest rates hikes this year than they had expected just a few months …
More Americans Support Than Oppose Florida Bill Banning Gender And Sexuality Lessons For Young Kids: POLL
More Americans Support Than Oppose Florida Bill Banning Gender And Sexuality Lessons For Young Kids: POLL Laurel Duggan on March 16, 2022 More Americans supported …
Top Climate Democrat Says US Needs More Domestic Oil Production In ‘Short Term’
Top Climate Democrat Says US Needs More Domestic Oil Production In ‘Short Term’ Thomas Catenacci on March 16, 2022 Democratic California Rep. Ro Khanna, an …
Russia’s Demands For Peace Are Now ‘More Realistic,’ Zelenskyy Says
Russia’s Demands For Peace Are Now ‘More Realistic,’ Zelenskyy Says Sebastian Hughes on March 16, 2022 Ukrainian President Volodymyr Zelenskyy said Russia’s peace talk demands …
Former General Counsel And Chief Business Officer For Financial Technology Company Sentenced To More Than Three Years In Prison For Embezzlement Scheme
SAN FRANCISCO—Brooke Campbell Solis was sentenced to 37 months in prison and ordered to pay $500,000 in restitution for wire fraud charges levied in connection …
Reckitt Recalls More than Three Million Bottles of Airborne Gummies Due to Injury Hazard
WASHINGTON, March 16, 2022 — https://www.cpsc.gov/Recalls/2022/Reckitt-Recalls-More-than-Three-Million-Bottles-of-Airborne-Gummies-Due-to-Injury-Hazard Recall Summary Name of Product: Airborne Gummies (63 and 75 count bottles) Hazard: When opened for the first time, …
Zelenskiy calls on U.S. Congress for more Russia sanctions, defense aid
WASHINGTON – Ukrainian President Volodymyr Zelenskiy called on the U.S. Congress on Wednesday for further military assistance to help protect the skies over Ukraine and …
Exor increases stake in telecom operator Veon to more than 5%
MILAN – Exor, the holding company of Italy’s Agnelli family, has increased its stake in Dutch-based mobile network operator Veon to 5.08% as of March …
China says Taiwan ‘taking advantage’ of Ukraine as island sends more aid
BEIJING/TAIPEI – China’s government on Wednesday lambasted Taiwan’s humanitarian aid for Ukraine and sanctions on Russia as “taking advantage of other’s difficulties” after the island …
Analysis – Thailand faces perfect storm as it seeks more LNG supply
By Chayut Setboonsarng BANGKOK – A global energy crunch is sending liquefied natural gas prices skywards, but Thailand needs to ramp up its purchases to …
Tax Preparer Pleads Guilty To Tax Fraud Conspiracy Causing More Than $5 Million In False Tax Refund Filings
Tampa, Florida–United States Attorney Roger B. Handberg announces that Eurich Z. Griffin III has pleaded guilty to conspiracy to defraud the United States by promoting …
Man Sentenced to 28 Years in Federal Prison for Robbing More Than a Dozen Chicago Stores at Gunpoint
CHICAGO — A man has been sentenced to 28 years in federal prison for violently robbing more than a dozen Chicago liquor and convenience stores. …
Jamaican National Sentenced to More Than 24 Years in Prison for Drug, Gun and Money Laundering Offenses
Leonard C Boyle, United States Attorney for the District of Connecticut, announced that ANDREW DAVIS, 41, a citizen of Jamaica last residing in Hamden, was …
Billings meth trafficker sentenced to more than 15 years in prison
BILLINGS — A Billings man who admitted to trafficking methamphetamine in the community after law enforcement found almost one pound of meth and a loaded …
Two Springfield Residents Plead Guilty to Conspiracy to Distribute Five Grams or More of Actual Methamphetamine
SPRINGFIELD, Ill. – A woman and a man from Springfield, Illinois, Brandy Friday, 36, and Brent Garner, 42, both of the 1200 block of South …
Phil Murphy just released 852 more prisoners Under COVID-19 early release program
TRENTON, NJ – The COVID-19 pandemic is over, according to New Jersey Governor Phil Murphy. Instead, the governor says New Jersey is moving to an …
Marketmind: More red lines ahead
A look at the day ahead in markets from Sujata Rao It was exactly two years ago on March 15 2020 that the U.S. Federal …
Great Falls woman admits embezzling more than $600,000 from former employer
GREAT FALLS — A Great Falls woman today admitted allegations that she stole more than $600,000 from a construction company when she was employed as …
Metairie Woman Indicted for Theft of More Than $76,000 In Social Security Funds
NEW ORLEANS, LOUISIANA – U.S. Attorney Duane A. Evans announced that RACHEL COONEY, age 37, of Metairie, Louisiana was indicted on March 11, 2022 for …
EU gives initial agreement to board quotas for women, more talks needed
BRUSSELS – European Union states have given initial approval to pushing firms to appoint women to at least 40% of non-executive director roles or 33% …
India indicates readiness to release more oil reserves
By Nidhi Verma and Sethuraman N R New Delhi -India will take “appropriate” steps to calm the rise in oil prices, triggered by Russia’s invasion …
As Phil Murphy gets ready to release hundreds more inmates, Assemblywomen say please, don’t
TRENTON, N.J. – After New Jersey Governor Phil Murphy released thousands of state prison inmates through an early release program citing the COVID-19 pandemic, two …
IRS Seeks To Hire 10,000 More Workers To Relieve Backlog
IRS Seeks To Hire 10,000 More Workers To Relieve Backlog Harry Wilmerding on March 11, 2022 The Internal Revenue Service (IRS) announced a plan Thursday …
Madison Man Sentenced to More Than 27 Years for Sex Trafficking of Minors
MADISON, WIS. – A Madison, Wisconsin man has been sentenced to 330 months in federal prison for sex trafficking of minors. James Coney, 33, was …
Individual Indicted and Arrested for Laundering More Than $360,000 of Unemployment Benefits and Pandemic Unemployment Assistance Funds
SAN JUAN, P.R. – On March 10, 2022, the Federal Grand Jury in the District of Puerto Rico returned an indictment charging Martín Scamaroni-Cintrón with …
U.S. immigration enforcement targets more serious offenders as overall arrests plummet
By Ted Hesson WASHINGTON – Arrests and deportations of immigrants living illegally in the United States plummeted in 2021 compared with 2020, while more of …
Ukraine’s president says he agreed more defence, sanctions support with Biden
LVIV, Ukraine – Ukrainian President Volodymyr Zelenskiy said he spoke to U.S. President Joe Biden on Friday and they agreed on further support for Ukraine’s …
Biden’s Green Transition May Usher In More Energy Insecurity. Here’s How
Biden’s Green Transition May Usher In More Energy Insecurity. Here’s How Thomas Catenacci on March 10, 2022 The Biden administration has pushed green energy in …
War in Ukraine could more than halve German GDP growth – study
BERLIN – Russia’s war in Ukraine could reduce Germany’s 2022 economic expansion by 2 percentage points, more than halving the growth rate for this year, …
Marketmind: A most favoured nation no more
A look at the day ahead in markets from Julien Ponthus. European markets are about to start trading with news emerging that Western nations are …
Motorcyclist gets more bad news after crash when police find open warrants
LACEY TOWNSHIP, NJ – A motorcyclist who was involved in a single-vehicle crash in Lacey Township got more bad news when police arrived. He had …
Hyattsville Man Sentenced to Three Years in Federal Prison for Bank Fraud Conspiracy That Intended to Cause a Loss of More Than $4.1 Million
Baltimore, Maryland – U.S. District Judge Catherine C. Blake sentenced Oyekanmi Oworu, age 35, of Hyattsville, Maryland to three years in federal prison, followed by …
U.S. farmers improving climate-friendly practices, but ‘more work to do’ – report
By Leah Douglas WASHINGTON – Farmers in the United States have adopted conservation strategies that have led to gains for climate-friendly agriculture in recent years, …
EU leaders to make room for more spending over Ukraine, no new joint debt seen
By Jan Strupczewski VERSAILLES, France – European Union leaders will prepare the ground on Friday for possible unexpected spending over the war in Ukraine, but …
Former Westlake Investment Advisor Convicted of Stealing More Than $9.3 Million from Clients in Ponzi Scheme
Acting U.S. Attorney Michelle M. Baeppler announced that a federal jury returned guilty verdicts today against Defendant Raymond A. Erker, 50, of Avon, Ohio, following …
Two sentenced for illegally obtaining nearly 50 tons of cheese and more
BROWNSVILLE, Texas – Two women have been sent to prison following their convictions of conspiracy and committing $1.2 million in food stamp fraud, announced U.S. …
Citigroup says operating Russia consumer business on ‘more limited basis’
NEW YORK – Citigroup Inc said on Wednesday it is operating its Russian consumer business on a more limited basis following the country’s invasion of …