Omaha police officers kill active shooter at west Omaha Target

Omaha police officers kill active shooter at west Omaha Target

Shots fired at west Omaha Target midday Tuesday Omaha police officers fatally shot a gunman at a west Omaha Target store midday Tuesday. Multiple 911 calls alerted police at 11:59 am about an active shooting at the superstore, located at 17810 West Center Road. The gunman, armed with an AR-15 rifle, fired at least six …

Omaha police officers kill active shooter at west Omaha Target Read More »

Debt Ceiling 2023: Could the Treasury Default?

Debt Ceiling 2023: Could the Treasury Default?

A Treasury default is unprecedented in the nation’s history. Key points The US government passed an important mile marker in mid January when the Treasury announced it hit the debt ceiling. Unable to continue borrowing, the Treasury has resorted to so-called “extraordinary measures,” which would delay a default until June. A Treasury default could have …

Debt Ceiling 2023: Could the Treasury Default? Read More »

After supposed Russian exodus, most major companies have yet to withdraw

After supposed Russian exodus, most major companies have yet to withdraw

The logo of German consumer chemicals giant Henkel can be seen at the company’s plant in Duesseldorf, western Germany, on January 18, 2016. PATRIK STOLLARZ | AFP | Getty Images After Russian troops invaded Ukraine in February 2022, companies across the G-7 major economies and the European Union announced plans to cease business operations in …

After supposed Russian exodus, most major companies have yet to withdraw Read More »

EU progress stunted on connecting power markets, auditors say

EU progress stunted on connecting power markets, auditors say

By Kate Abnett BRUSSELS, Jan 31 (Reuters) – European Union attempts to link up countries’ power markets have been foiled by complex rules and weak governance, auditors said on Tuesday, in an analysis ahead of a fresh EU overhaul of power market regulation. The European Court of Auditors said the 27-country bloc had missed its …

EU progress stunted on connecting power markets, auditors say Read More »

3 key things to know before opening a home equity line of credit

3 key things to know before opening a home equity line of credit

HELOC use rose as cash-out refis dropped Last year, as mortgage rates climbed higher, accessing home equity by taking cash against it during refinancing (a so-called cash-out refi) became less appealing. Rates on mortgages went from close to 3% at the beginning of 2022 to a peak of above 7% in the fall. Right now, …

3 key things to know before opening a home equity line of credit Read More »

Eurozone avoids recession as economy expands in fourth quarter

Eurozone avoids recession as economy expands in fourth quarter

The eurozone economy grew in the final quarter of 2022 despite economists’ predictions of a downturn, boosting hopes that the region will avoid a recession. Milder weather and government support cushioned the impact of soaring energy prices, helping the region’s economy expand by 0.1 per cent between the third and fourth quarter, according to official …

Eurozone avoids recession as economy expands in fourth quarter Read More »

General Motors expects to boost EV production in second half

General Motors expects to boost EV production in second half

Production is now set to begin at the former Detroit-Hamtramck assembly plan, less than two years after GM announced the massive $2.2 billion investment to fully renovate the facility to build a variety of all-electric trucks and SUVs. Photo by Jeffrey Sauger for General Motors DETROIT—When General Motors launched the GMC Hummer EV in 2021, …

General Motors expects to boost EV production in second half Read More »