Feds to pursue immigration case against driver in O.C. crash that killed couple
The Trump administration’s new chief federal prosecutor in Los Angeles says his office intends to pursue immigration charges against a man awaiting release from state…
Investors flee US assets as Trump attacks Fed’s Powell and calls for rate cuts
ADVERTISEMENTUS President Donald Trump intensified pressure on Federal Reserve Chairman Jerome Powell for interest rate cuts on Monday, calling him “a major loser” and warning…
Trump attacks on Powell threaten the Fed’s independence. Why it matters
WASHINGTON — Donald Trump has stepped up his attacks on Federal Reserve Chair Jerome Powell at the same time that the Supreme Court is considering a case…
Feds launch task force to investigate California homelessness funds
Bill Essayli, the newly appointed U.S. attorney for Los Angeles and surrounding areas, on Tuesday announced the formation of a criminal task force to investigate…
On Texas-Mexico border, Feds arrest 6, confiscate 259 pounds of marijuana worth $207K
Brownsville, Texas, border agents said Wednesday they confiscated 159 pounds of marijuana in two separate smuggling attempts Tuesday. Marijuana is legal in some form in…
AI-generated art requires human contributions for U.S. copyright protection, feds say
The U.S. Copyright Office on Wednesday said it takes more than text prompts for AI-generated art to qualify for copyright protection. Image by the U.S.…
US Economy on Solid Footing Set to Back Fed’s Interest-Rate Hold
Breadcrumb Trail LinksPMN BusinessThe US economy remained at a comfortable cruising speed in the final stretch of 2024, powered by healthy consumer spending and creating…
Feds approve proposed $300M upgrade of South Korean naval destroyers
South Korea will spend $300 million to improve its guided-missile destroyers in a proposed deal that the State Department approved on Monday. Source link
Arizona man arrested by Feds on charge of threatening president-elect Trump
1 of 2 | U.S. President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency Hotel in Washington, DC., on November…
Stubborn US Inflation Set to Reinforce Fed’s Go-Slow Approach
Breadcrumb Trail LinksPMN BusinessUS inflation figures in the coming week that are seen showing stubborn price pressures will reinforce the Federal Reserve’s cautionary posture toward…
Feds outline ‘necessary steps’ for Colorado River agreement by 2026 but no recommendation yet
Breadcrumb Trail LinksPMNPMN BusinessAuthor of the article:The Associated PressKen RitterPublished Nov 20, 2024 • 4 minute read You can save this article by registering for…
Feds outline options for shrinking Colorado River
The Biden administration has announced a range of options for new rules to address chronic water shortages and low reservoir levels on the Colorado River,…
Could a Trump administration challenge the Fed’s independence?
Donald Trump's proposed tariffs and tax cuts could drive inflation, pressuring the Federal Reserve toward a hawkish stance. Trump has also expressed intent to influence…
For home shoppers, the Fed’s big cut is likely just a small step towards affording a home
Breadcrumb Trail LinksPMNPMN BusinessAuthor of the article:The Associated PressAlex Veiga And Sally HoPublished Sep 22, 2024 • 5 minute read You can save this article…
Feds conduct ‘authorized search’ of Dali’s sister ship in Baltimore
Federal authorities boarded the Maersk Saltoro, sister ship of the Maersk Dali that caused the Baltimore bridge collapse on March 26 that killed six, 15…
Dow finishes week in record territory following Fed’s interest rate cut
Pedestrians walk near the New York Stock Exchange in New York City on Wednesday as the Federal Reserve Board announced its first interest rate cut…
What the Fed’s jumbo rate cut means for European and global markets
The Fed's substantial rate cut could result in a further loosening of global liquidity, prompting a shift in capital across asset classes and stock sectors.…
Sean Combs abused women during ‘freak offs’ involving male prostitutes, drugs, violence, feds allege
Sean “Diddy” Combs, the legendary music mogul, was accused by federal prosecutors of abusing women in a sweeping indictment unsealed Tuesday in New York.Combs, who…
Diddy feds ‘are secretly liaising with Tupac Shakur murder prosecutors on gangland activities’ in shock twist
FEDERAL agents investigating rapper Diddy are secretly liaising with prosecutors in the murder trial of Tupac Shakur.Federal investigators have been collaborating with the Clark County…
Feds file new indictment in Trump Jan. 6 case, keeping charges intact but narrowing allegations
WASHINGTON — Special counsel Jack Smith on Tuesday filed a new indictment against former President Trump over his efforts to undo the 2020 presidential election that…