By Andrew Moran Sam Bankman-Fried, the beleaguered FTX founder and former billionaire, allegedly stole $100 million in client funds for political contributions used to influence cryptocurrency legislation, federal prosecutors wrote in a superseding indictment. U.S. attorneys accused Mr. Bankman-Fried, in a late Aug. 14 amended indictment, of using stolen funds for various purposes, including “making lavish” […]
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Posted inNational News
Giuliani Says Latest Trump Indictment ‘An Affront to American Democracy’ as Lawyer Charged in Georgia 2020 Election Case
By Katabella Roberts Former New York City Mayor Rudy Giuliani, who is among the 19 individuals including former President Donald Trump to be indicted by a grand jury in Fulton County, Georgia, has called the charges against him “an affront to American Democracy.” Mr. Giuliani was indicted on Aug. 14 along with multiple other allies of President Trump in relation […]
Posted inImmigration
Outrage as Illegal Immigrants Get Housing Priority Over Boston’s Longstanding Homeless Camp
By Alice Giordano Just a few miles from the ivory halls of Harvard College and blocks from some of the most expensive real estate in the country is a deplorable out-in-the-open encampment of wandering drug users, a plethora of homeless Americans including U.S. veterans and people with mental illness, suspected human trafficking, and heaps of […]
Posted inHealthcare
FDA Alert: Fruit With Potentially Deadly Bacteria Recalled in a Dozen States
By Jack Phillips Green organic kiwifruit is now under recall in 14 states due to a potentially deadly listeria contamination, according to an announcement posted on the U.S. Food and Drug Administration (FDA) website. David Oppenheimer and Company said it is voluntarily recalling some of its clamshell packages of kiwi after testing found Listeria monocytogenes in some of […]
Posted inNational News
Trump Flies Into Iowa Fair to Scramble DeSantis 2024 Campaign
By Jack Phillips Former President Donald Trump and Florida Gov. Ron DeSantis both appeared at the Iowa State Fair on Saturday in what has been described as a rare convergence between the two GOP candidates for president. President Trump, in fewer than two hours on the steaming fairgrounds in Des Moines, attracted thousands of supporters […]
Posted inEconomy
Seniors Told to Brace for Far Lower Social Security Payment Boost in 2024
By Tom Ozimek The 2024 cost-of-living adjustment (COLA) increase for Social Security recipients is likely to be a fraction of what it was in 2023 and a disappointment to many seniors, according to a nonpartisan seniors group, which found that some eight in 10 retirees report they’re still reeling from inflation. The latest COLA estimate from […]
Posted inNational News
Government Watchdog Says Congressional Earmarks Are the ‘Currency of Corruption’
By Ella Kietlinska and Jan Jekielek Sr. Local and community projects funded by tax money allocated by Congress, commonly known as “earmarks,” are often wasteful and conducive to corruption, said the CEO of a government watchdog organization. An earmark is “a pet project requested by a member of Congress for their own district,” said Adam […]
Posted inEconomy
US Annual Inflation Marks First Increase in a Year as Energy, Shelter Climb
By Andrew Moran The U.S. annual inflation rate rose to a lower-than-expected 3.2 percent in July, marking the first increase in a year according to the Bureau of Labor Statistics. This was up from 3 percent in June. The consumer price index (CPI) edged up 0.2 percent month-over-month. Core inflation, which eliminates the volatile food […]
Posted inNational News
Trump Says He Never Doubted 2020 Election Was ‘Rigged,’ Disputes Feds’ Claims
By Janice Hisle Former President Donald Trump declared that he fervently believes the 2020 election was stolen—a denial of the central allegation in his most recent federal indictment. President Trump has pleaded not guilty to Washington-based charges in what he and his supporters are calling a politically motivated prosecution amid a presidential election campaign. The […]
Posted inBusiness
Bud Light Parent Company Selling Off 8 Beer Brands Amid Transgender Boycott
By Tom Ozimek Bud Light parent company Anheuser-Busch InBev (AB InBev) announced it will sell eight craft beer brands to a Canadian cannabis company amid continued fallout from Bud Light’s marketing partnership with transgender influencer Dylan Mulvaney. The deal will see Anheuser-Busch sell the following beer brands to Tilray Brands, according to an Aug. 7 announcement: […]
Posted inNational News
FBI Agent Lied Under Oath About Knowledge of Hunter Biden Laptop: Rep. Jordan
By Samantha Flom FBI Special Agent Elvis Chan made “false statements” under oath about the bureau’s investigation and suppression of Hunter Biden’s laptop, House Judiciary Committee Chairman Jim Jordan (R-Ohio) said on Monday. Mr. Chan, a member of the FBI’s Foreign Influence Task Force, was deposed in November 2022 on the FBI’s efforts to suppress […]
Posted inEconomy
Moody’s Downgrades Credit Ratings of Regional US Banks, Could Cut Others
By Bryan Jung Moody’s slashed the credit ratings of several small to mid-sized American banks and warned that it may do so to others. The credit ratings agency announced on Aug. 7 that it may also downgrade some of the biggest lenders in the nation. The latest report comes as the Federal Reserve maintains its […]
