Tag Archives: Feds

Federal prosecutors have seized $15 billion from the alleged kingpin of an operation that used imprisoned laborers to trick unsuspecting people into making investments in phony funds, often after spending months faking romantic relationships with the victims. Such “pig butchering” scams have operated for years. They typically work when members of the operation initiate conversations with people on social media …

Border patrol agents were involved in a high-speed chase down a residential street in the East Side neighborhood Tuesday morning, resulting in a crash with a moving vehicle and a foot chase with the occupants inside the car. Federal agents then deployed tear gas to disperse a large crowd that gathered in protest of the federal agents, and forcibly detained …

WASHINGTON (AP) — A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice more this year. Powell said in a speech in Philadelphia that despite the federal government shutdown cutting off official economic data, “the outlook for …

Powell Hints at End of Campaign to Shrink Fed’s Treasury Holdings  The Wall Street JournalView Full Coverage on Google News Source link

Over the past five years, criminals behind widespread romance and investment scams—often inelegantly referred to as “pig butchering”—have stolen tens of billions from people around the world. Now law enforcement has carried out one of its biggest operations yet against that sprawling scam industry, targeting the operators of several modern slavery scam compounds in Southeast Asia—where, as a whole, hundreds …

US stocks diverged on Tuesday after China upped the ante in its trade spat with the US, while investors digested the kickoff of third quarter earnings season from Wall Street’s banking giants. The Dow Jones Industrial Average (^DJI) rose 0.5% after paring steep losses earlier in the session. The S&P 500 (^GSPC) also flipped into the green, rising 0.1%, while …

Jerome Powell, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Sept. 17, 2025. Kent Nishimura | Bloomberg | Getty Images Federal Reserve Chair Jerome Powell on Tuesday suggested the central bank is nearing a point where it will stop reducing the size of its …

U.S. stocks were on course to drop Tuesday after China hit back at the U.S. with a fresh round of trade policies, reviving fears about ongoing tensions between the world’s two largest economies. Futures tracking the Dow Jones Industrial Average fell 250 points, or 0.5%. S&P 500 futures dropped 0.9%, and contracts tied to the tech-heavy Nasdaq 100 slid 1.2%. …

The Fed’s Hawks Are Wavering. What It Could Mean for Rates.  Barron’s Fed Officials Discussed Risk of Housing Market Collapse at Recent Meeting to Cut Interest Rates  Realtor.com Minutes of the Federal Open Market Committee, September 16–17, 2025  Federal Reserve Board (.gov) Fed’s Williams, Daly call out job market risks; Barr urges caution  Reuters Fed Minutes Reveal Divide Over Outlook for Interest-Rate Cuts  The Wall …

Chappell Roan ‘F*** ICE Forever’ … Feds Clap Back!!! Published October 11, 2025 5:34 PM PDT The feds are firing back at Chappell Roan after she said it’s “f*** ICE forever” at a concert … and the Department of Homeland Security says the singer needs to “get a grip.” Chappell was performing Friday night at the Rose Bowl in Pasadena, …