DIRS.INFO The most relevant business & tech news

WASHINGTON (AP) — From Wall Street traders to car dealers to home buyers, Americans are eager for the Federal Reserve to start cutting interest rates and lightening the heavy burden on borrowers. Why, with inflation nearly conquered and interest rates at a 22-year high, isn't now the time to cut? High rates could also compound the struggles of banks that are saddled with bad commercial real estate loans, which would be harder to refinance at higher rates. “We need the government to address the interest rates ... and understand that they’ve accomplished their goal of lowering inflation," Kelleher said. If so, that might not just delay the Fed's rate cuts, but result in fewer of them.

Persons: isn't, ”, Steven Blitz, “ They’re, ” Loretta Mester, Mester, “, David Kelleher's Chrysler, Kelleher, ” Kelleher, Powell, ” Powell, we’re, Andrea Kugler, Eric Swanson Organizations: WASHINGTON, Federal Reserve, GlobalData, Lombard, Federal Reserve Bank of Cleveland, Jeep, Fed, University of California Locations: Wall, Philadelphia, Irvine

☆ At least 22 hurt and one dead in a Juneteenth celebration mass shooting in a Chicago suburb
▼ + stars: | 2023-06-19 | by ( Melia Russell | ) www.businessinsider.com time to read: +3 min

At least 22 people were hurt and one was killed in a Sunday mass shooting at a Juneteenth event. An unknown number of suspects opened fire in a strip mall parking lot in Willowbrook, Illinois. People had gathered to celebrate Juneteenth, a day that marks the end of slavery in the United States. It's unclear what led to the gunfire in a strip mall parking lot in Willowbrook, Illinois. The celebration began around 6 p.m. local time in a strip mall parking lot near Hinsdale Lake Terrace apartments, the DuPage County Sheriff's Office said in a news release, according to The New York Times and CNN.

Persons: —, Joe Biden, Jacek Boczarski, Eric Swanson, J.B, Pritzker, I've Organizations: Service, The New York Times, Union Army, Anadolu Agency, Getty, DuPage County Sheriff's, CNN, Police, Illinois Locations: Willowbrook , Illinois, Chicago, The, United States, Texas, Galveston , Texas, Willowbrook, Hinsdale Lake Terrace, DuPage County

☆ 23 Shot, 1 Fatally, at a Juneteenth Celebration in Illinois
▼ + stars: | 2023-06-18 | by ( Amanda Holpuch | Emma Bubola | ) www.nytimes.com time to read: 1 min

At least one person was killed and 22 others wounded in a shooting just after midnight Sunday at a large Juneteenth celebration in a strip mall parking lot in Willowbrook, Ill., southwest of Chicago, officials said. Deputies from the DuPage County Sheriff’s Office heard gunfire around 12:30 a.m. and “responded to an area where a large gathering of people was happening,” said Eric Swanson, the deputy chief of the sheriff’s office, at a news conference on Sunday. He said that some victims took themselves to hospitals and others were transported by emergency medical workers. Chief Swanson said the motive behind the shooting was unclear. It was also not clear what types of firearms were used.

Persons: “, ”, Eric Swanson, Swanson Organizations: DuPage County Sheriff’s Locations: Willowbrook, Ill, Chicago, DuPage County

CNN —At least 20 people were injured and one person has died in a shooting overnight, according to police, in what witnesses say was a Juneteenth celebration turned deadly. Some of the injured were transported to hospitals by ambulance and others walked in, DuPage County Deputy Sheriff Eric Swanson told reporters Sunday. Witnesses say the shooting took place around 12:30 a.m. in a parking lot in Willowbrook, about 21 miles west of Chicago. The motive behind the shooting is unclear and it is still an active investigation, Swanson said. The incident is now one of 310 mass shootings in the US this year, according to the Gun Violence Archive.

Persons: Eric Swanson, Joe Ostrander, Ostrander, Swanson Organizations: CNN, Tri -, Fire Protection, NBA Locations: DuPage County, Willowbrook, Chicago, Virginia, Colorado, California

Search resuls for: "Eric Swanson"

4 mentions found