Another inflation record firms case for bigger ECB rate hikes
FRANKFURT – Euro zone inflation hit yet another record high in June as price pressures broadened, and its peak could still be months away, firming …
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U.S. CFTC charges South African company with record $1.7 billion bitcoin fraud
By Pete Schroeder WASHINGTON – The U.S. commodities regulator announced on Thursday it had filed civil charges against a South African man and his company …
Russia’s jobless rate falls to record low but economic hurdles mount
MOSCOW – Russia’s unemployment rate dropped to a record low in May but industrial output fell and consumer demand, measured by retail sales, waned after …
Chip shortages result in record wire fraud reports by desperate buyers
By Jane Lanhee Lee WASHINGTON D.C – A severe semiconductor shortage has resulted in record wire fraud cases last year reported by desperate buyers, a …
German consumer sentiment plunges to new record low – GfK
BERLIN – German consumer sentiment is projected to fall to another record low in July, as the Ukraine war and interrupted supply chains push up …
Malaysia plans record $18 billion subsidy spend in inflation fight
KUALA LUMPUR – Malaysia is expected to spend 77.3 billion ringgit ($17.6 billion) in subsidies and cash aid this year, the largest amount in history, …
Biden approval falls fourth straight week, tying record low – Reuters/Ipsos
By Rose Horowitch WASHINGTON – U.S. President Joe Biden’s public approval rating fell for a fourth straight week to 36% matching its lowest level last …
Registered Nurse Pleads Guilty in Covid-19 Vaccination Record Card Fraud
DETROIT – A registered nurse from the Veteran’s Hospital in Detroit, pleaded guilty yesterday to charges related to Covid-19 Vaccination Record Cards fraud, announced United …
Euro zone inflation confirmed at record high 8.1% in May
FRANKFURT – Euro zone inflation rose to a record high 8.1% last month in line with a preliminary estimate, more than four times the European …
Asia FX bears hit record high on hawkish Fed, China growth worries: Reuters poll
By Shashwat Awasthi and Savyata Mishra (Reuters) – Bearish bets on several Asian currencies hit a record high in the face of rising U.S. interest …
Drug-Plagued State Sees Record Overdoses Thanks To Fentanyl Epidemic
Drug-Plagued State Sees Record Overdoses Thanks To Fentanyl Epidemic Jennie Taer on June 14, 2022 Kentucky has seen a record year of overdose deaths as …
Facing record inflation, Biden chides Exxon, oil companies for profits
By Trevor Hunnicutt and Jarrett Renshaw LOS ANGELES -U.S. President Joe Biden on Friday accused the U.S. oil industry, and Exxon Mobil Corp in particular, …
Fox Business Hosts Reveal Which Biden Official Could Take The Fall For Record Inflation
Fox Business Hosts Reveal Which Biden Official Could Take The Fall For Record Inflation Harold Hutchison on June 10, 2022 The co-hosts of “Mornings With …
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 …
Watchdog Group Sues IRS Over Stonewalled Investigation Into Massive Tax Record Leak
Watchdog Group Sues IRS Over Stonewalled Investigation Into Massive Tax Record Leak Laurel Duggan on June 8, 2022 An Internal Revenue Service (IRS) investigation into …
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 …
Massive Oil Refinery On Track To Shut Down Amid Fuel Supply Shortages, Record Prices
Massive Oil Refinery On Track To Shut Down Amid Fuel Supply Shortages, Record Prices Thomas Catenacci on June 7, 2022 UPDATE: This article has been …
Japan’s current account surplus shrinks on record imports
By Tetsushi Kajimoto TOKYO – Japan’s current account surplus shrank sharply in April as record imports overwhelmed exports, swinging the trade balance into the red, …
Texas power use hits record for June, all-time peaks to come
By Scott DiSavino (Reuters) – Power demand in Texas broke the June record on Monday and will continue rising until it breaks the all-time high …
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 …
Tourism rebounds in Portugal from pandemic slump, but return to record unlikely
By Sergio Goncalves LISBON – Tourism is rebounding more quickly in Portugal than in some parts of Europe, but the number of foreign visitors this …
Record Scholarship Amount for a Record Number of Students
Award ceremonies for the scholarship program took place on June 1 at the Consulate General of the Republic of Poland in New York and on …
India May services growth at 11-year high, input inflation at record
BENGALURU – India’s dominant services sector expanded at the fastest pace in 11 years in May on strong demand, although inflationary pressures touched new highs, …
GOP Climate Group Targets Global Carbon Emissions Amid Record Gas Prices
GOP Climate Group Targets Global Carbon Emissions Amid Record Gas Prices Thomas Catenacci on June 2, 2022 A coalition of House Republicans tasked with crafting …
Newsom-Backed Racial Reparations Report Calls For Minimum Wage Hike Amid Record Inflation
Newsom-Backed Racial Reparations Report Calls For Minimum Wage Hike Amid Record Inflation Gabe Kaminsky on June 2, 2022 A report released Wednesday approved by Democratic …
Record Chinese wheat prices raise risk of pricier noodles
BEIJING – Chinese consumers are likely to have to pay more for food staples like noodles and bread this year, as record wheat prices in …
Stock rally not enough to save ARK from record 7-month losing streak
By David Randall NEW YORK – A sharp rally in the broad U.S. stock market over the last week in May was not enough to …
Texas power use hits monthly record again with many more to come
(Reuters) – Power demand in Texas reached the highest level ever recorded in the month of May on Tuesday and will likely break the record …
JPM says Japanese automakers to see record profits on price hikes, cost cuts
(Reuters) – Japanese auto companies are likely to post record profits this year as they raise vehicle prices and cut costs to mitigate the hit …
French inflation hits new record of 5.8% in May
PARIS – French inflation rose more than expected in May to a new record, preliminary EU-harmonised data showed on Friday, putting pressure on President Emmanuel …
Russia’s Rosneft recommends record dividend on 2021 results
(Reuters) – Russian oil producer Rosneft said on Monday that it would pay a record dividend of 41.66 roubles ($0.63) per share on its 2021 …
Columbia Man with Aggravated Assault and Kidnapping Record Pleads Guilty to Firearm Charge
COLUMBIA, SOUTH CAROLINA —Alexander Lee Dickerson, 32, of Columbia, has pleaded guilty to felon in possession of a firearm and ammunition. Evidence obtained in the investigation …
GAMETIME, LEADING PLATFORM FOR LAST MINUTE TICKETS, SECURES $30 MILLION IN NEW FUNDING, EXPANDING REACH AS RECORD SALES CONTINUES
Investment Will Accelerate Product & Platform Development and Focus on Growing Younger Fan Base; Signals Turnaround in Ticketing and Events Industry Estimated to Reach $54.26 …
German consumer morale inches up after falling to record low -GfK
BERLIN – German consumer morale is projected to inch up in June after falling to a record low in May, but high inflation and the …
Record U.S. reverse repos highlight problem of investing excess cash
By Gertrude Chavez-Dreyfuss NEW YORK – Demand for the Federal Reserve’s reverse repurchase (RRP) facility has surged in the last few weeks, as the U.S. …
Columbia Man with Robbery and Drug Trafficking Record Pleads Guilty to Firearm Charge
COLUMBIA, SOUTH CAROLINA —Taurus Jermaine Dotson, 38, of Columbia, has pleaded guilty to felon in possession of a firearm and ammunition. Evidence obtained in the investigation …
Cargoes of Russia’s flagship crude oil at sea climb to record high
HOUSTON – Some 62 million barrels of Russia’s flagship Urals crude oil, a record amount, are sitting in vessels at sea, data from energy analytics …
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 …
Average age of U.S. cars hits record high due to tight supplies – report
(Reuters) – U.S. consumers are using their existing vehicles for longer as the inventory of new cars and light trucks remains constrained due to supply …
Record Breaking Heat This Weekend on East Coast, 6-10 Inches of Snow in the West
TOMS RIVER, NJ – Record-breaking heat is expected to greet tourists at the Jersey Shore and beyond one week before the official Memorial Day Weekend …
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 …
Texas power use hits monthly record again during heatwave
(Reuters) – Power demand in Texas hit a monthly record on Thursday and will likely break that high on Friday as consumers keep air conditioners …
U.S. existing home sales fall for third straight month; house prices at record high
WASHINGTON – U.S. existing home sales dropped to the lowest level in nearly two years in April as house prices jumped to a record high …
Record numbers of people displaced in their own countries in a ‘world falling apart’
By Emma Farge GENEVA – In a world beset by conflicts and natural disasters, the number of people who fled their homes and sought shelter …
California Becomes First State To Ever Record Average Gas Price Of $6 A Gallon
California Becomes First State To Ever Record Average Gas Price Of $6 A Gallon Thomas Catenacci on May 18, 2022 California became the first state …
Texas power use hits monthly record during heatwave
(Reuters) – Power demand in Texas hit a monthly record on Tuesday and will likely break that high on Wednesday as consumers keep their air …
Euro zone April inflation revised down to 7.4%; still a record high
FRANKFURT – Euro zone inflation held steady at a record high 7.4% in April, driven by soaring fuel and food costs, the EU’s statistics agency …
Investors rush to cash as growth optimism hits record low – BofA
LONDON – Investors are becoming increasingly concerned about global growth with optimism at an all-time low, as they increase their cash holdings to the highest …
India’s LIC shares set to slide in market debut after record IPO
MUMBAI – Shares in state-owned Life Insurance Corp of India (LIC) were on track to debut at an 8% discount to their IPO price on …
SoftBank’s chip tech firm Arm posts record 2021 revenue
By Jane Lanhee Lee SAN FRANCISCO – SoftBank Group Corp’s chip technology firm Arm Ltd on Thursday reported record revenue for 2021, and Chief Executive …