Super Micro Computer probed by feds over accounting: report
The Department of Justice is investigating supermicrocomputers. The Wall Street Journal reported Thursday, nearly a month after short seller Hindenburg Research alleged “accounting manipulation” by the AI server maker. Following this news, Super Micro's stock price fell by approximately 12%. The WSJ report, citing people familiar with the matter, said the investigation is in its […]
Feds Search Gracie Mansion Seizing Adams’ Phone After Becoming First Indicted NYC Mayor
Officials gather at Gracie Mansion, the mayor's residence, in New York City on September 26, 2024. Mayor Eric Adams was indicted after a months-long federal investigation into his ties to Turkish government officials, businessmen and campaign donors. Mayor Adams denies any wrongdoing. (Photo by Michael M. Santiago/Getty Images) By James Myers, OAN StaffThursday, September 26, […]
Feds seize Eric Adams’ phone after NYC mayor’s indictment
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Biden-Harris feds shut down solvent banks in an unconstitutional move against crypto banking
Many of you may remember my coverage of “Operation Chokepoint 2.0” in the spring of 2023. To recap, Biden’s financial regulators, namely the Fed, FDIC and OCC, began cracking down on banks dealing in the cryptocurrency space. The first victim was the Silvergate Bank. Voluntary LiquidationThe standard reporting on Silvergate was that the bank lent […]
Feds Indict New York City Mayor Eric Adams: REPORT
Federal prosecutors have secured an indictment against New York City's Democratic mayor, Eric Adams, The New York Times reported late Wednesday, citing people familiar with the matter. The indictment is currently under seal, and details are expected to be released on Thursday, The New York Times reports. ReportedHe is the first New York City mayor […]
The Fed’s Secret Tightening of Monetary Policy
Federal funds rate also rises The Federal Reserve's decision to cut the federal funds rate by 0.5 percentage points More significant increases in long-term rate estimates. of Economic forecast summary In forecasts released last week to coincide with the Fed's rate cut, the median forecast for the longer-term federal funds rate rose to 2.9%, the […]
Feds Arrest Accused Haitian Sex Offender After Boston-Area Officials Release Him
Federal immigration authorities have arrested a Haitian immigrant in the Boston area who had previously been deported from the United States and was also accused of sexually assaulting a woman after re-entering the country. be press release Authorities with U.S. Immigration and Customs Enforcement (ICE) detained Jefferson Jerome, a Haitian national, on Sept. 11, 2024, […]
NYPD interim police commissioner Thomas Donlon home raided by feds
Federal authorities searched the home of Interim NYPD Commissioner Thomas Donlon on Friday, just a week after his predecessor, Edward Cavan, resigned following a search of his home by the FBI. Donlon confirmed the search in a brief statement released by police late Saturday night, saying authorities “seized materials that came into my possession 20 […]
Security firm linked to Adams aide Phil Banks under investigation by feds, DOI
In a surprising escalation in the investigation surrounding City Hall, federal and New York City investigators are scrutinizing a security company formerly owned by Mayor Eric Adams’s chief public safety officer, sources told The Post on Saturday. Both the U.S. Attorney's Office and the city's Bureau of Investigation are investigating City Safe Partners, a company […]
How the Fed’s jumbo interest rate cut will impact your wallet
Brian Belski, chief investment strategist at BMO Capital Markets, talks about the importance of stock selection on “The Claman Countdown.” Stocks extended their solid weekly gains as the Dow and S&P 500 held on to record highs. The rise came after the Federal Reserve cut interest rates for the first time since March 2020. A […]