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Feds search for gunman who shot, killed young California sea lion

Federal authorities are searching for the suspect who shot and killed a sea lion in California this week. The National Oceanic and Atmospheric Administration (NOAA) announced the incident in a press release on October 9. The sea lion was found injured at Bolsa Chica State Beach on Monday. The animal was still alive and 2 […]

Bonanno wiseguy John Ragano forced loan-shark victim to strip naked: feds

A Bonanno crime family soldier called “Maniac” forces one of his loan shark victims to strip naked to see if he's wearing a wire, then barks, “Take your pants off now!” I did. Prosecutors announced this on Tuesday. On July 5, 2023, just five days before Lagano was sent to prison, John Lagano, 62, allegedly […]

The Fed’s 50 Basis Point Cut Was a Mistake Driven by Political Pressure

Fed Rate Cuts: A Premature Mistake Caused by Politics The Fed's 50 basis point interest rate cut in September was not only premature; driven by political pressure. Last Friday's employment statistics revealed a misjudgment. 254,000 new jobs, unemployment rate down to 4.1%Rather than stagnate, the labor market is growing stronger. Wages rose 4% from a […]

Couple took 31 trips to Disney after stealing $500K from government: feds

Life isn't so magical anymore. An Army contractor and his girlfriend defrauded the government of nearly $500,000 to take dozens of luxury vacations to Walt Disney World while claiming they were traveling for work. Thomas Bouchard, 61, used his government connections to hire his girlfriend, Kantel Boyd, 53, as his assistant for a “no-show” job […]

Larry Summers says jobs report shows Fed’s 50 bp rate cut was ‘a mistake’

Acting Labor Secretary Julie Su will provide details on the September employment report, employment revisions, manufacturing losses and collective bargaining as longshoremen reach a tentative agreement. Former U.S. Treasury Secretary Larry Summers said September's better-than-expected jobs report showed the Fed's half-point rate cut was a “mistake.” This follows a Labor Department report showing that employers […]