Author Archives: TJ Carson

Iran says deal reached with US for prisoner swap
DUBAI (Reuters) -Iran and the United States have reached an agreement to exchange prisoners, Iranian Foreign Minister Hossein Amirabdollahian told state TV on Sunday, adding that he hoped the exchange...
TJ Carson Mar 12, 2023 FILE PHOTO: USA and Iranian flags are seen in this illustration taken, September 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

Silicon Valley Bank's fall widens systemic cracks as cheap money vanishes
NEW YORK (Reuters) -Cracks are appearing in the global financial system as the decade-long era of cheap money ends, with some investors worrying the shock collapse of Silicon Valley Bank signals world...
TJ Carson Mar 12, 2023 FILE PHOTO: A view of the Park Avenue location of Silicon Valley Bank (SVB), in New York City, U.S., March 10, 2023. REUTERS/David 'Dee' Delgado

Amid trade dispute, Biden and EU's von der Leyen eye EV deal, talks on subsidies
WASHINGTON (Reuters) -Amid trade frictions, President Joe Biden and European Commission President Ursula von der Leyen held talks on Friday that may lead to negotiations on critical minerals used for ...
TJ Carson Mar 10, 2023 U.S. President Joe Biden meets with President of the European Commission Ursula von der Leyen in the Oval Office of the White House in Washington, D.C., U.S., March 10, 2023. REUTERS/Sarah Silbiger

US FDA approves Pfizer's nasal spray for migraine
(Reuters) -The U.S. Food and Drug Administration on Friday approved Pfizer Inc's nasal spray for migraine, giving patients access to a potentially fast-acting pain-relief option for headaches. The dru...
TJ Carson Mar 10, 2023 FILE PHOTO: Pfizer logo is seen in this illustration taken, May 1, 2022. REUTERS/Dado Ruvic/Illustration/

U.S. deficit grows to $262 billion in February as tax refunds surge
WASHINGTON (Reuters) - The U.S. government posted a $262 billion budget deficit in February, up 21% from a year earlier, as outlays grew and revenues fell, due largely to higher tax refunds issued as ...
TJ Carson Mar 10, 2023 FILE PHOTO: A picture illustration shows U.S. 100-dollar bank notes taken in Tokyo August 2, 2011. REUTERS/Yuriko Nakao/File Photo

Yellen defends request for $29 billion increase in IRS enforcement funds
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen on Friday defended a Biden administration budget request for an additional $29.1 billion in IRS enforcement funds as Republicans in Congress...
TJ Carson Mar 10, 2023 U.S. Treasury Secretary Janet Yellen testifies before a U.S. House Ways and Means Committee hearing on President Joe Biden's fiscal year 2024 Budget Request on Capitol Hill in Washington, U.S., March 10, 2023. REUTERS/Evelyn Hockstein

US House unanimously backs COVID origins information declassification
WASHINGTON (Reuters) - The U.S. House of Representatives voted unanimously on Friday to require Director of National Intelligence Avril Haines to declassify information on the origins of COVID-19, inc...
TJ Carson Mar 10, 2023 FILE PHOTO: Security personnel keep watch outside the Wuhan Institute of Virology during the visit by the World Health Organization (WHO) team tasked with investigating the origins of the coronavirus disease (COVID-19), in Wuhan, Hubei province, China February 3, 2021. REUTERS/Thomas Peter/

Area Congressman claims FBI illegally monitored him
WASHINGTON, D.C. - A Peoria-area Congressman is claiming the FBI illegally monitored him. Darin LaHood (R-Dunlap) made the claim during a House Intelligence Committee meeting on Thursday. His claim is...
TJ Carson Mar 09, 2023 (File-1470 & 100.3 WMBD)

Process to build Illinois' next budget underway
PEORIA, Ill. - The work is underway at the state capitol to craft the fiscal year 2024 budget. Jehan Gordon-Booth (D-Peoria) is the lead budget negotiator for her party as both sides of the aisle work...
TJ Carson Mar 09, 2023 (Illinois General Assembly)

US job openings stay elevated as labor market remains tight
WASHINGTON (Reuters) - U.S. job openings fell less than expected in January and data for the prior month was revised higher, pointing to persistently tight labor market conditions that likely will kee...
TJ Carson Mar 08, 2023 FILE PHOTO: People attend a hiring event for Green District, a new restaurant ahead of its opening, as many restaurant businesses face staffing shortages in Louisville, Kentucky, U.S., June 5, 2021. REUTERS/Amira Karaoud


