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…
Federal Reserve Hikes Interest Rates For First Time In Three Years
Federal Reserve Hikes Interest Rates For First Time In Three Years Harry Wilmerding on March 16, 2022 The Federal Reserve announced Wednesday it would increase interest rates in a series of hikes…
Biden Federal Reserve Nominee Sarah Bloom Raskin Withdraws Nomination
Biden Federal Reserve Nominee Sarah Bloom Raskin Withdraws Nomination Thomas Catenacci on March 15, 2022 Sarah Bloom Raskin, President Joe Biden’s pick for a key Federal Reserve position, withdrew her nomination Tuesday…
M&T Bank Corporation Receives Regulatory Approval from the Board of Governors of the Federal Reserve System for People’s United Merger
BUFFALO, N.Y., March 4, 2022 — M&T Bank Corporation (NYSE: MTB) (“M&T”) announced today receipt of regulatory approval from the Board of Governors of the Federal Reserve System to complete the previously announced…
HANOVER FAMILY BUILDERS, A LANDSEA HOMES COMPANY, CLOSES ON 102 HOMESITES AT HAMMOCK RESERVE
HAINES CITY, Fla., March 7, 2022 — Hanover Family Builders, a Landsea Homes Corporation (Nasdaq: LSEA) company, announced today it has closed on 102 completed homesites and sales have begun in the…
Democrats Ask Biden To Tap Strategic Petroleum Reserve Again
A group of 10 bicameral Democrats urged President Joe Biden to tap further into the Strategic Petroleum Reserve (SPR) amid the ongoing crisis in Ukraine. The Democrats, led by Senate Armed Services…
Biden Didn’t Have To Tap ‘Green Energy Reserve,’ Laid-Off Keystone XL Worker Says
A former Keystone XL Pipeline worker, who was laid off after President Joe Biden canceled the project in 2021, slammed the president Wednesday for prioritizing green energy programs. Neil Crabtree, a member…
Bradenton Man Sentenced To Federal Prison For Passing Counterfeit Federal Reserve Notes
Fort Myers, Florida – U.S. District Judge Thomas P. Barber has sentenced Dennis Michael Aigotti (54, Bradenton) to 36 months in federal prison for possessing and passing counterfeit Federal Reserve notes. The…
Federal Reserve Sticks To Rate Hike Schedule, Signals End To Asset Purchase Stimulus
The Federal Reserve will keep interest rates near zero, and it will begin its rate hike in mid-March, Federal Reserve Chairman Jerome Powell said Wednesday after the central bank’s two-day meeting. The…
Biden administration to release 13 million more barrels of oil from strategic reserve
The Department of Energy (DOE) announced Tuesday the release of millions of barrels of oil from the Strategic Petroleum Reserve (SPR) to combat soaring gas prices. The DOE approved the release of 13.4…
Pomona Parolee Sentenced to Nearly Three Years in Federal Prison for Stealing Humvee from Army Reserve Center in Upland
LOS ANGELES – A Pomona man was sentenced today to 34 months in federal prison for stealing a military Humvee from the Army Reserve Center in Upland and then briefly leading…
Federal Reserve Study Sinks Biden’s Claim On Climate Risks To Banks
The Federal Reserve concluded that weather disasters are “not very” bad for financial institutions despite the Biden administration’s warnings that climate change is an “emerging” threat to banks. “We find that weather…
Crisis on the horizon as Canada taps its strategic reserve of maple syrup
While U.S. President Joe Biden and the United States grapple with a rising shortage of oil and gas, Canada is experiencing a similar shortage, a maple syrup shortage. This, according to NPR…
Flashback: Biden Downplayed Tapping Emergency Oil Reserve, Said He Couldn’t Control Gas Prices
President Joe Biden tapped into the U.S. emergency oil reserves Tuesday despite previously throwing cold water on the idea that he said wouldn’t have much effect. “I don’t have a near-term answer.…
Federal Reserve Begins Taking Steps To Fight Growing Inflation
The Federal Reserve said in September that it would begin taking steps to combat growing inflation in the U.S. economy, according to notes from a Sept. 21 and Sept. 22 Open Market…
Sen. Warren Calls For Investigation Into Federal Reserve Officials’ ‘Ethically Questionable’ Stock Market Trades During The Pandemic
Democratic Sen. Elizabeth Warren on Monday called for the Securities and Exchange Commission (SEC) to investigate stock market trades made by Federal Reserve officials. Warren wrote a letter to SEC Chairman Gary…
