Neptune’s record tax hike another example of Phil Murphy’s school funding failure
NEPTUNE, NJ — Senate Republican Budget Officer Declan O’Scanlon is calling Neptune’s largest-ever property tax increase the direct result of Democratic leadership in Trenton slashing school aid and imposing funding caps. O’Scanlon…
Blackstone closes PE secondary funds at record $25 billion
(Reuters) – Blackstone Inc raised a record $25 billion for two funds that dabble in secondaries and co-investments, the asset manager said on Wednesday. Strategic Partners IX raised $22.2 billion, the world’s…
Russia posts record current account surplus of $227 billion in 2022
(Reuters) -Russia’s current account surplus hit a record high in 2022, the central bank said on Tuesday, as a fall in imports and robust oil and gas exports kept foreign money flowing…
European borrowers start year with record 170 billion euro debt sale spree
By Yoruk Bahceli (Reuters) – European debt sales have had their fastest start to the year on record as governments and financial institutions take advantage of borrowing costs falling from multi-year highs.…
Migrant Encounters At The Southern Border Hit New All-Time Record
Migrant Encounters At The Southern Border Hit New All-Time Record Jennie Taer on January 16, 2023 U.S. Customs and Border Protection (CBP) migrant encounters at the southern border surpassed 250,000 for the…
Electric Vehicle Sales Hit Record Levels In 2022 As Automakers Raked In Profits
Electric Vehicle Sales Hit Record Levels In 2022 As Automakers Raked In Profits John Hugh DeMastri on January 16, 2023 Sales of electric vehicles increased rapidly in 2022, nearly doubling their U.S.…
Gold prices seen rising towards record highs as rate rises near end
By Peter Hobson LONDON (Reuters) – Gold prices are expected to rise towards record highs above $2,000 an ounce this year, albeit with a little turbulence, as the United States slows the…
Consumers Are Paying Record Credit Card Rates Thanks To Sky-High Inflation
Consumers Are Paying Record Credit Card Rates Thanks To Sky-High Inflation John Hugh DeMastri on January 11, 2023 Average interest rates for bank-issued credit cards this past November surpassed a record set…
Crypto crime hits record $20 billion in 2022, report says
By Elizabeth Howcroft LONDON (Reuters) – Illicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving companies targeted by U.S. sanctions skyrocketed, data from blockchain analytics firm Chainalysis…
China Dec new bank loans beat forecast, 2022 lending at record high
By Judy Hua and Kevin Yao BEIJING (Reuters) -New bank lending in China unexpectedly rose in December from the previous month, central bank data showed on Tuesday, with 2022 setting a record…
Bentley cruises to record sales in 2022 despite China drop
By Nick Carey LONDON (Reuters) – British luxury carmaker Bentley on Tuesday reported record vehicle sales for 2022, with strong demand offsetting a 9% drop in China caused by coronavirus-related lockdowns. The…
Swiss National Bank posts record $143 billion loss in 2022
ZURICH(Reuters) – The Swiss National Bank posted an annual loss of 132 billion Swiss francs ($142.67 billion) in 2022, it said on Monday, the biggest loss in its 115-year history. The central…
U.S. equity funds record seventh week of outflows
(Reuters) – U.S. equity funds recorded a seventh straight week of outflows in the seven days to Jan. 4 on concerns that the Federal Reserve might continue to hike rates to tame…
China’s central bank makes record weekly cash withdrawal
SHANGHAI (Reuters) – China’s central bank has made its biggest weekly cash withdrawal on record through a short-term bond instrument, as cash conditions loosened at the start of the year. The People’s…
Southern Border Apprehensions Shatter Previous December Record, Former Senior Official Says
Southern Border Apprehensions Shatter Previous December Record, Former Senior Official Says Jennie Taer on January 4, 2023 Border Patrol apprehensions at the U.S.-Mexico border for the month of December surpassed previous records,…
UK equity funds saw record $10 billion outflows in 2022-Calastone
LONDON (Reuters) – Investors sold a record 8.38 billion pounds ($10 billion) worth of UK-focused equity funds last year, shunning Britain as the country braces for the worst recession among major economies,…
Booker, Kim agree more New Jerseyans, children going hungry under Biden-led record inflation
TRENTON, NJ – A report published by Hunger Free America says hunger is soaring in New Jersey due to the rising cost of food and a record level of national inflation. According…
Brazil posts record trade surplus of $62.3 billion in 2022
BRASILIA (Reuters) – Brazil posted a $62.3 billion trade surplus in 2022, official data showed on Monday, a record in the series started in 1989. In December, the trade surplus was $4.8…
The Education Department Is Fielding A Record Number Of Racism, Sexism Complaints
The Education Department Is Fielding A Record Number Of Racism, Sexism Complaints Reagan Reese on January 2, 2023 In the past year, the Department of Education’s Office of Civil Rights (OCR) documented its…
Fed reverse repo facility hits record $2.554 trillion
By Michael S. Derby NEW YORK (Reuters) – A key facility the Federal Reserve uses to help control short-term interest rates saw record inflows on Friday, the final trading day of the…
South Korea to raise electricity prices for Q1 2023 by nearly 10%
SEOUL (Reuters) -South Korea will raise electricity prices for the first quarter of 2023 by 13.1 won per kilowatt-hour, a 9.5% increase that is the highest in four decades, its energy minister…
Tesla shares record rare jump this month on the way to worst year
(Reuters) – Shares of Tesla Inc snapped a seven-session losing streak on Wednesday, in their rare rise this month on the way to what will be the electric-vehicle maker’s worst year on…
Michigan Court’s Shielding Of Teachers From Public Record Requests Raises ‘Transparency’ Concerns, Experts Say
Michigan Court’s Shielding Of Teachers From Public Record Requests Raises ‘Transparency’ Concerns, Experts Say Alexa Schwerha on December 27, 2022 A recent Michigan court ruling, which found that public school teachers are…
Migrants Seeking Asylum Wait Years For Their Day In Court As Backlog Reaches New Record Under Biden
Migrants Seeking Asylum Wait Years For Their Day In Court As Backlog Reaches New Record Under Biden Jennie Taer on December 27, 2022 There are a record number of asylum cases backlogging…
Brazil’s record 2023 bond bill underscores rising debt burden
By Marcela Ayres BRASILIA (Reuters) – Brazil’s sovereign floating rate bond redemptions will hit a record high next year, underscoring the fiscal challenge facing President-elect Luiz Inacio Lula da Silva as he…
Toyota’s Nov global vehicle production rises 1.5% to record 833,104
TOKYO (Reuters) – Toyota Motor Corp reported on Monday a 1.5% rise in November global vehicle output, reaching a new record of 833,104. Domestic production slid 3.3% to 266,174 vehicles, while overseas…
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