Alexa Woronowicz is chief copy editor for ALM and associate editor for The Legal Intelligencer. Contact her at [email protected] or on Twitter @AWoronowiczTLI.
December 19, 2022 | The Legal Intelligencer
GOP Sues Over Special Elections in Pa. House Majority BattleThe top-ranking Republican in the Pennsylvania House of Representatives asked a court Dec. 9 to prevent voters from filling three vacant seats in February that will determine majority control of the chamber.
By The Associated Press
2 minute read
December 19, 2022 | The Legal Intelligencer
Capitol ReportFollowing is a listing of executive and legislative action from Dec. 8-9 and the week of Dec. 12. Both houses of the General Assembly have adjourned for the year. The Pennsylvania Senate and state House of Representatives are set to reconvene and reorganize Jan. 3, 2023.
By AP; House Republican and Democratic Caucuses
4 minute read
December 16, 2022 | Daily Business Review
Global Recession Risks Rise as Central Banks Raise RatesMajor central banks this week signaled their willingness to countenance a global recession in 2023 as they promised to raise borrowing costs further in their ongoing battle against sky-high inflation.
By Rich Miller, Jana Randow and Philip Aldrick, Bloomberg News.
6 minute read
December 12, 2022 | Daily Business Review
US Futures Rise With Central-Bank Moves in FocusU.S. equity-index futures advanced at the start of a pivotal week for monetary-policy decisions from the Federal Reserve, European Central Bank and a host of their peers.
By Srinivasan Sivabalan and Tassia Sipahutar, Bloomberg News.
3 minute read
December 09, 2022 | The Legal Intelligencer
Democrats Move to Take Power With Narrow Pa. House MajorityDemocrats who barely won back a majority of seats in the Pennsylvania House in November moved to take control of the chamber on Dec. 7 and replace one of their incumbents who died and two others who won higher office.
By Brooke Schultz and Mark Scolforo, The Associated Press
4 minute read
December 08, 2022 | Daily Business Review
A €500 Billion European Bond Spree Is Looking for New BuyersAs winter approaches, governments across Europe have been frantically drafting aid programs to protect their citizens from the surge in energy costs triggered by Russian President Vladimir Putin's invasion of Ukraine. There are electricity price caps in France, gasoline discounts in Italy and heating-bill subsidies in Germany.
By Alice Gledhill, Bloomberg News.
6 minute read
December 08, 2022 | Daily Business Review
EU Aims to Require Crypto Providers to Report Transaction DataThe European Union proposed new rules Thursday to combat tax fraud and evasion in the crypto sector by requiring all digital asset service providers to report transactions involving customers residing in the bloc.
By Jorge Valero, Bloomberg News
2 minute read
December 06, 2022 | Daily Business Review
Wells Fargo Looking at Paying Depositors More: Goldman UpdateWells Fargo & Co. Chief Executive Officer Charlie Scharf said the bank is working to find the right balance of how much to raise the rates it's paying depositors while protecting the firm's profitability.
By Sridhar Natarajan and Kevin Orland, Bloomberg News
2 minute read
December 06, 2022 | Daily Business Review
US Futures Waver as Rate Bets Are Thrown Into DoubtMarkets struggled for direction Tuesday as traders weighed prospects for a slowdown in the pace of U.S. rate hikes against data that suggest tighter policy may be needed for longer.
By Cecile Gutscher, Bloomberg News
3 minute read
December 06, 2022 | Daily Business Review
US Trade Deficit Widens on Greater Imports, Drop in ExportsThe U.S. trade deficit widened for a second month in October, as the value of imports increased and exports declined, which may weigh on economic growth in the fourth quarter.
By Augusta Saraiva, Bloomberg News
2 minute read
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