Body of woman found in Reserve Township embankment
RESERVE TOWNSHIP, PA — The Allegheny County Police Department’s Homicide Unit is investigating after the body of an adult female was discovered over an embankment along the 4000 block of Spring Garden…
China cuts reserve ratio given domestic pressures, overseas risks – state media
SHANGHAI (Reuters) – China’s central bank made a “timely” move by pumping liquidity into the banking system to respond to rising pressures in the domestic banking industry and growing risks abroad, a…
‘They’re Not God’: GOP Presidential Candidate Rips Federal Reserve Over Bank Collapse, Vows Reform
‘They’re Not God’: GOP Presidential Candidate Rips Federal Reserve Over Bank Collapse, Vows Reform Harold Hutchison on March 13, 2023 Republican presidential candidate Vivek Ramaswamy slammed the Federal Reserve Monday over the…
U.S. Federal Reserve governors to hold closed-door Monday
(Reuters) – The U.S. Federal Reserve said it will hold a closed-door meeting of its board of governors under expedited procedures on Monday. The meeting from 11:30 a.m. (0330 GMT) will primarily…
Argentina, IMF discussing export-linked reserve targets -govt source
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina and the International Monetary Fund (IMF) are zeroing in on an agreement for more flexible currency reserves targets this year dependant on the South…
U.S. Federal Reserve rejects Custodia Bank’s request for reconsideration of Fed supervision
(Reuters) – The U.S. Federal Reserve on Thursday denied crypto-focused Custodia Bank’s request that the central bank reconsider its application to become a member of the Federal Reserve System. The Fed previously…
Sticky inflation to nudge Reserve Bank of India to hike rates once more – Reuters poll
By Madhumita Gokhale and Sujith Pai BENGALURU (Reuters) – The Reserve Bank of India will increase its main interest rate by 25 basis points to 6.75% in April and then pause until…
Marketmind: Reserve judgment
A look at the day ahead in U.S. and global markets from Mike Dolan. The U.S. Federal Reserve’s toughest task on Wednesday would be to convince markets it won’t be cutting interest…
U.S. Fed Reserve Board ends enforcement action against Industrial Bank of Korea
NEW YORK (Reuters) -The Federal Reserve Board on Tuesday said it is terminating an enforcement action against Industrial Bank of Korea (IBK) over previous deficiencies in the bank’s risk management and anti-money…
Biden Boasts About ‘Largest Ever Release’ From Strategic Petroleum Reserve
Biden Boasts About ‘Largest Ever Release’ From Strategic Petroleum Reserve Harold Hutchison on November 29, 2022 President Joe Biden boasted during a Tuesday speech about ordering releases from the Strategic Petroleum Reserve…
S.Africa’s Reserve Bank to hike repo rate 75 bps on Nov. 24: Reuters poll
By Vuyani Ndaba JOHANNESBURG (Reuters) – South Africa’s Reserve Bank will hike its repo rate another 75 basis points to 7.00% on Thursday to reinforce its action over sticky and uncomfortably high…
U.S. awards emergency reserve oil contracts to six cos, including Phillips 66, Shell
WASHINGTON (Reuters) – The U.S. Department of Energy on Thursday said six companies had been awarded contracts for the latest sale of oil from the Strategic Petroleum Reserve. The contracts were awarded…
HANKE And HOFMANN: How The Federal Reserve Destroyed The US Economy
HANKE And HOFMANN: How The Federal Reserve Destroyed The US Economy Steve Hanke And Caleb Hofmann on November 2, 2022 According to the Federal Reserve, the White House, and the media, the…
The Federal Reserve Hikes Rates Again As Inflation Rages On
The Federal Reserve Hikes Rates Again As Inflation Rages On John Hugh DeMastri on November 2, 2022 The Federal Reserve announced an interest rate hike of 0.75 percentage points, bumping the range…
Enjoy a Show-Stopping, Mouthwatering Experience with Perry’s New Private Reserve Caviar
Premier, award-winning steakhouse has debuted innovative new caviar service Dallas, TX (-) With the global caviar market booming, Perry’s Steakhouse & Grille is capitalizing on the growing trend and making every day…
Biden, battling high gas prices, says U.S. will tap, refill oil reserve
WASHINGTON (Reuters) – President Joe Biden said Wednesday the United States will sell 15 million barrels from the nation’s Strategic Petroleum Reserve (SPR) by the year’s end and detailed a strategy to…
Former Henry County Reserve Sheriff’s Deputy Indicted for Obstruction of Justice in Excessive Force Investigation of Former New Castle Police Lieutenant
INDIANAPOLIS – A federal grand jury in Indianapolis, returned a five-count superseding indictment late yesterday charging a former New Castle, Indiana, police officer with excessive force and obstruction of justice, and a…
U.S. crude stockpiles surge on reserve releases; distillates draw down – EIA
By David Gaffen (Reuters) – U.S. crude stocks rose by nearly 10 million barrels last week after another big release from government reserves, while distillate inventories fell sharply, the Energy Information Administration…
Column-Sterling needs the kindness of reserve managers :Mike Dolan
By Mike Dolan LONDON (Reuters) – Perhaps remarkably, some of the world’s major economies still hold at least part of their rainy-day savings in sterling and British government bonds – raising questions…
Swiss Q2 current account narrows, reserve asset growth slows
ZURICH (Reuters) – Switzerland’s second-quarter current account surplus narrowed by nearly 1 billion Swiss francs to 11 billion Swiss francs ($11.23 billion), the Swiss National Bank (SNB) said on Friday. The SNB…
U.S. refiners eye Canadian oil once strategic reserve turns off taps
By Stephanie Kelly and Nia Williams NEW YORK (Reuters) – U.S. refiners are expected to buy more Canadian oil after the Biden administration ends releases from the Strategic Petroleum Reserve (SPR) this…
Swiss to create hydropower reserve to ensure winter power supply
ZURICH (Reuters) – Switzerland will create a hydropower reserve to make sure the Alpine country has enough electricity through the coming winter, the government said on Wednesday. The government said the power…
Crude in U.S. emergency reserve falls to lowest since Nov. 1984
HOUSTON (Reuters) – Crude inventories in the U.S. Strategic Petroleum Reserve (SPR) fell 7.5 million barrels in the week to Sep. 2 to 442.5 million barrels, their lowest level since November 1984,…
Crude in U.S. emergency reserve falls to lowest since Dec. 1984
HOUSTON (Reuters) – Crude inventory in the U.S. emergency reserves fell by 3.1 million barrels in the week to Aug. 26, according to data from the Department of Energy. Stockpiles in the…
CBP’s Philadelphia Area Port Recognized for Outstanding Support to our Employees who also Serve in our Nation’s Military National Guard and Reserve
PHILADELPHIA – Joseph Martella, U.S. Customs and Border Protection’s Area Port Director in Philadelphia, accepted the Seven Seals Award presented to him by the Department of Defense’s Employer Support for the Guard…
Federal Reserve issues guidance for banks considering crypto activities
By Pete Schroeder and Hannah Lang WASHINGTON (Reuters) – The U.S. Federal Reserve on Tuesday issued additional guidance for banks considering activities involving cryptocurrencies, emphasizing that firms must notify the Fed beforehand…
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