State, federal officials to inspect ‘ridiculous’ apple waste in NYC schools
State and federal officials are in New York City investigating the city’s apple crisis, while the city instructs vendors to continue accepting deliveries even as thousands of cases of fruit are being discarded. Representatives from the U.S. Department of Agriculture and the State Department of General Services will visit city facilities on Aug. 15 and […]
DOJ asks court to toss Alex Murdaugh appeal on federal financial crimes
Federal prosecutors have asked the court to dismiss Alex Murdaugh’s appeal of federal financial crimes charges because he is seeking a reduced sentence after being convicted of murder and fraud, according to court documents. The defendants argued that as part of a plea agreement, they waived their right to appeal the sentence when they admitted […]
Buffett’s Berkshire currently holding more short-term US Treasury bills than the Federal Reserve
Fisher Investments founder Ken Fisher analyzes recent stock market movements on “Making Money.” Warren Buffett’s Berkshire Hathaway currently holds a vast amount of short-term U.S. Treasury securities, more than the amount held by the Federal Reserve. In its latest earnings report, the bank said it holds $234.6 billion in short-term Treasury bills, up from $130 […]
Police union demands Democratic California mayor resign amid federal probe, upcoming recall vote
The Oakland Police Officers Association called on Oakland Mayor Shen Tao (Democrat) to resign immediately on Tuesday amid an ongoing federal investigation and a looming recall vote. Fox News Digital report. Huy Nguyen, the union’s president, said at a recent press conference that Thao’s office has drained law enforcement resources and failed to address the […]
Goldman Sachs CEO David Solomon predicts Federal reserve won’t make emergency rate cuts
Goldman Sachs CEO David Solomon said the Federal Reserve will not make an emergency interest rate cut before the central bank’s September meeting, despite Monday’s Wall Street sell-off over growing recession risks. “I don’t think we’ll see anything by September.” Solomon said in an interview on Bloomberg’s “The David Rubenstein Show: Peer-to-Peer Conversations.” Goldman Sachs […]
Biden-Harris admin wants to ban plastic utensils at federal agencies in hopes of affecting the weather
Republican lawmakers reacted with stunned laughter after the Biden-Harris administration announced it would cut back on the use of plastic cups and utensils in federal agencies to curb so-called “climate change.” Last month, the Biden-Harris team announced they were taking “ambitious action” to address plastic pollution at every stage of plastic’s lifecycle. As part of […]
Biden admin will ban federal government using plastic cutlery to combat climate change
The Biden administration has announced a plan to target plastic pollution, with a particular focus on “phasing out” single-use plastics such as kitchen cutlery, cups and straws across federal departments and agencies. President Biden issued an order in July targeting the “climate crisis,” calling for an “all-out response” from all federal agencies. “The President has […]
Biden administration will ban federal government using plastic cutlery to combat climate change
The Biden administration has announced a plan to target plastic pollution, with a particular focus on “phasing out” single-use plastics such as kitchen cutlery, cups and straws across federal departments and agencies. President Biden issued an order in July targeting the “climate crisis,” calling for an “all-out response” from all federal agencies. “The President has […]
Federal judge rules Google’s advertising, search business broke antitrust laws
Mark Mahaney, senior managing director at Evercore ISI, discusses whether lower interest rates could benefit big tech stocks in Varney & Company. A federal judge ruled Monday that tech giant Google’s parent company, Alphabet, violated federal antitrust laws by cementing its dominant position in online search and advertising. The ruling by U.S. District Judge Amit […]
Elon Musk says the Federal Reserve is ‘foolish’ for waiting to cut interest rates
Washington Post Op-ed and columnist Heather Long discusses the Federal Reserve’s managed interest rate cuts and the impact of July’s jobs report. Billionaire Elon Musk The Federal Reserve said Sunday it was “foolish” for not cutting interest rates sooner after a disappointing jobs report that raised concerns about an economic slowdown. “The Fed needs to […]