Author Archives: Cooper Banks
Fed unveils 75-basis-point rate hike, flags weakening economic data
WASHINGTON (Reuters) - The Federal Reserve raised its benchmark overnight interest rate by three-quarters of a percentage point on Wednesday in an effort to cool the most intense breakout of inflation...
Jul 27, 2022 The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger
$8.4M more in federal funding announced for Peoria airport improvements
PEORIA, Ill. -- There are millions more in federal infrastructure dollars which will go toward funding improvements at Peoria's main airport. Today, Democratic Congresswoman Cheri Bustos' office annou...
Jul 26, 2022 (File-1470 & 100.3 WMBD)
Illinois GOP dismisses state "Freedom Caucus" demand to censure Kinzinger
PEORIA, Ill. -- The Republican Party of Illinois seems to be shrugging off a demand from several GOP state lawmakers to censure Republican U.S. House Representative Adam Kinzinger over his words and p...
Jul 26, 2022 Hudson Institute / CC
Biden's COVID symptoms 'almost completely' resolved, his physician says
WASHINGTON (Reuters) -U.S. President Joe Biden's COVID-19 symptoms "have now almost completely resolved" since he tested positive last week, his physician said in a memo on Monday. "When questioned, a...
Jul 25, 2022 FILE PHOTO: U.S. President Joe Biden delivers remarks on climate change and renewable energy at the site of the former Brayton Point Power Station in Somerset, Massachusetts, U.S. July 20, 2022. REUTERS/Jonathan Ernst/File Photo
South side Peoria home damaged after Saturday night blaze
PEORIA, Ill. -- A south side Peoria home is left badly damaged following a fire late Saturday night, but thankfully no one was hurt in the blaze. Peoria firefighters say they were called out to a prop...
Jul 24, 2022 Midwest Communications
UPDATED: Investigation underway after homeowner found dead in Peoria County lake
UPDATE: 8:24 p.m., July 24, 2022 PEORIA COUNTY, Ill. -- The Peoria County Coroner's office has released new details in the wake of a drowning reported over the weekend outside Chillicothe. In a post o...
Jul 24, 2022 (Midwest Communications)
WHO declares global health emergency over monkeypox outbreak
(Reuters) -The rapidly spreading monkeypox outbreak represents a global health emergency, the World Health Organization's highest level of alert, WHO Director-General Tedros Adhanom Ghebreyesus said o...
Jul 24, 2022 FILE PHOTO: Test tubes labeled "Monkeypox virus positive and negative" are seen in this illustration taken May 23, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
ISP: East Peoria man charged after deadly motorcycle crash
EAST PEORIA, Ill. -- Illinois State Police have confirmed details in the wake of a fatal crash involving a motorcycle late Friday. A motorcycle crashed shortly after 10 p.m. Friday, killing one female...
Jul 23, 2022 Midwest Communications
Illinois adds 19,000 jobs in June, sees unemployment at near pre-pandemic levels
SPRINGFIELD, Ill. -- Analysts say the state of Illinois' job market remains strong despite other economic strains for state residents, including pressure from inflation. The latest report from the Ill...
Jul 23, 2022 Midwest Communications
Ukraine says Russian missiles hit Black Sea port
KYIV (Reuters) -Russian missiles hit infrastructure in Ukraine's port of Odesa on Saturday, a day after Russia and Ukraine signed a deal to reopen Black Sea ports to resume grain exports, the Ukrainia...
Jul 23, 2022 FILE PHOTO: Russian President Vladimir Putin attends a meeting with government members via a video link at the Novo-Ogaryovo state residence outside Moscow, Russia March 23, 2022. Sputnik/Mikhail Klimentyev/Kremlin via REUTERS/File Photo
