FOREX-Dollar eases as traders look to central banks for cues

(Updates to U.S. afternoon) By Saqib Iqbal Ahmed NEW YORK, Jan 25 (Reuters) – The dollar slipped against the euro on Wednesday, but its losses were capped as traders were hesitant to make any big bets ahead of next week’s central bank meetings, including the Federal Reserve and the European Central Bank. In addition, much … Read more

Summers Warns of 1970s Crisis If Central Banks Relent on Rates

(Bloomberg) — Going soft on inflation will plunge economies back into the recessionary depths of the 1970s and have “adverse effect on working people everywhere,” former US Treasury Secretary Larry Summers warned. Most Read from Bloomberg The remark is a response to suggestions from economists including Olivier Blanchard, a former International Monetary Fund chief economist, … Read more

Another Record Year for Organ Donation in Central and South Texas

Texas Organ Sharing Alliance is celebrating saving and healing more lives in 2022. 2022: A Year of Life-Saving Milestones San Antonio, Texas, Jan. 19, 2023 (GLOBE NEWSWIRE) — Texas Organ Sharing Alliance (TOSA) announced another record-breaking year in saving lives for 2022. A total of 280 organ donors gave the gift of life despite the … Read more

After record-breaking snowfall in Arizona, winter storm hits central US: Weather updates

Colorado, Nebraska and other parts of the central U.S. are facing a major snow storm Wednesday that has – and it could cross more than 1,700 miles of the country. Swaths of the eastern Rockies, the Plains, and the upper Midwest are under winter storm warnings and winter weather advisories Wednesday, and parts of Nebraska  The National Weather Service had issued a winter … Read more

Japan yields break central bank ceiling as markets press for policy shift

By Kevin Buckland and Junko Fujita TOKYO (Reuters) – Yields on Japan’s benchmark 10-year government bonds breached the central bank’s new ceiling on Friday in the market’s most direct challenge yet to decades of uber-easy monetary policy. With speculation swirling that the Bank of Japan’s policy of yield curve control (YCC) could be revised, or … Read more

China Extends Gold Buying With Fresh Flows to Central Bank

(Bloomberg) — China reported an increase in its gold reserves for a second straight month, topping up holdings again after its first reported purchase in more than three years. Most Read from Bloomberg The People’s Bank of China raised its holdings by 30 tons in December, according to data on its website on Saturday. This … Read more

Cubs’ moves show eye on competing in ‘winnable’ NL Central

This content is not available due to your privacy preferences. originally appeared on With six weeks left until pitchers and catchers report, this much is clear about the based on their offseason moves: they’re serious about competing in 2023. “I’ve been around long enough to see and to realize you don’t make certain moves unless … Read more

Central Michigan stuns Michigan basketball, 63-61, on late 3: Game thread recap

(7-4, 1-0 Big Ten) vs. (4-8, 0-0 MAC) When: 7 p.m. Thursday Where: Crisler Center, Ann Arbor. TV: Big Ten Network Plus . Radio: WWJ-AM (950). •  BUF ENOUGH: Game notes: The Wolverines are back in action after more than a week off; they lost to North Carolina, 80-76, on Dec. 21, in the Jumpman Invitational in Charlotte, … Read more

Kenyans Pay Price for Central Bank’s Hard Line on Fintech

(Bloomberg) — After Nigerian fintech Korapay’s account in Kenya was frozen in July on suspicion of money laundering, investigators found only a single transaction, and that was for funds needed to apply for a local license. Most Read from Bloomberg It took three months to unblock the account, and Korapay is still waiting for a … Read more