New Details About Person Of Interest In Deadly Wisconsin Holiday Parade

Darrell Brooks was identified as the person of interest and taken into custody after an SUV sped through a holiday parade in Waukesha, Wisconsin. At least five people were killed and more than 40 were injured. NBC’s Tom Llamas reports for TODAY from Waukesha, Wisconsin with the latest.

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Police confirm person of interest is in custody after deadly WI parade incident

Police confirmed that an officer opened fire on the SUV that drove through a Wisconsin Christmas parade, killing 5 and injuring more than 40. Wisconsin Fraternal Order of Police vice president Mark Sette provides analysis.

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Police search for person of interest after woman raped in Central Park

Police have released photos of a person of interest they want to question after a woman was raped in Central Park on Thursday morning.

Two sex assaults were reported Thursday morning — one in Central Park and one a few miles away. After initial speculation that the attacks could be linked, police later determined they were not.

In the first assault, a woman in her 20s said she was grabbed from behind and put in a chokehold at East 62nd Street and Fifth Avenue, near Swan Lake and Wollman Rink, just after 7:20 a.m.

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China’s Evergrande avoids default after paying overdue interest

Cash-strapped developer Evergrande has once again averted a destabilising default at the last minute. Several bondholders are said to have received their overdue coupon payments, made at the end of a 30-day grace period that ended on Nov 10. Evergrande shares rose sharply on the news, as did other Chinese developers. The sector gained extra momentum from growing speculation that authorities are easing up on the sector.

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Federal Reserve to keep interest rates close to zero

Last week, the Federal Reserve voted to keep interest rates near zero as inflation rises to the highest point in 30 years. The central bank will also dwindle its buying of billions of dollars a stocks a month, which began during the pandemic. Senior vice president and director of research for the committee of economic development Joe Menarik joins Lana Zak on CBSN to discuss.

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Bank of England boss: Interest rate hold was ‘very close call’

The Bank of England surprised investors and economists by leaving interest rates on hold at 0.1% for at least another month.

But Bank governor Andrew Bailey denied accusations he wrong-footed investors by signalling an imminent rate increase ahead of the decision.

Mr Bailey told Sky News rate-setters still needed to see "hard evidence" on the state of the jobs market before any hike.

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Bed Bath & Beyond share surge reignites interest in GameStop, AMC

Shares of Bed Bath & Beyond jumped on Wednesday as news of an accelerated share buyback plan and tie-up with Kroger reignited the interest of retail investors in the heavily shorted stock.

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US central bank expected to taper bond-buying programme, hold interest rates at near zero

The US Federal Reserve is set to scale back COVID-19 stimulus as a crucial policy meeting wraps up. Economists expect the central bank to taper its bond-buying programme amounting to $120 billion per month. The Fed has already signalled it will keep interest rates on hold near zero, despite growing inflation risks.

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COVID-19 pandemic boosts interest in China’s domestic wineries

Chinese domestic wineries have long been facing an image problem, as consumers at home can be suspicious of their quality and often put-off by high prices. But China’s tight COVID-19 border restriction measures and its trade tensions with Australia have given domestic winemakers a second chance to make a first impression. China’s wine market is the sixth largest in the world, with event organiser Vinexpo saying it consumed $14.8 billion worth of wine in 2018, and forecasting sales of $18 billion by 2023.

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