Fed’s Jerome Powell hints at more rate cuts but warns of ‘two-sided’ risks
Federal Reserve Chairman Jerome Powell said in remarks on Monday that the U.S. economy appears poised for a continued slowdown in inflation, so the Fed can lower its benchmark interest rate and “over time” be able to no longer rein in activity. He said it would be possible to reach the standard. It is clear […]
Feds Admit 155,000 Migrant Driver Arrests as Auto Insurance Spikes
As Americans' auto insurance premiums skyrocket, the federal government has released data showing more than 155,000 immigrants have been convicted or charged with traffic crimes. It has become clear that dangerous, drunk, drugged or reckless drivers are being imported in large numbers. report By Immigration and Customs Enforcement within the Department of Homeland Security. For […]
Male Sex Worker Surrenders Alleged Diddy ‘Freak-Off’ Tape To Feds: REPORT
A male sex worker submitted an alleged sex tape from one of Diddy's “freak-off” parties, which is now reportedly in the hands of federal investigators. A male sex worker met with federal agents in New York City on Wednesday, a source with direct knowledge said. TMZ. He reportedly signed an offer agreement that allowed him […]
Mayor Eric Adams surrenders to feds after historic federal indictment
Mayor Eric Adams surrendered to federal authorities Friday ahead of a scheduled appearance before a Manhattan federal judge. It came a day after a historic indictment charging a decade-long pattern of corruption. Hiesner, the first sitting New York mayor to be indicted, was scheduled to make his first appearance in Manhattan federal court at noon […]
Fed’s preferred inflation gauge rose 2.2% last month
Inflation showed signs of cooling further on Friday, as Wall Street began pricing in further interest rate cuts from the Federal Reserve. The Personal Consumption Expenditures Price Index (PCE), the Federal Reserve's preferred inflation measure, showed that prices for goods and services rose 2.2% last month, lower than the 2.3% year-over-year rate expected by economists. […]
Male prostitute turns in alleged videotape of Diddy ‘freak-off’ to feds: report
A male prostitute has come forward and provided federal investigators with a videotape allegedly showing embattled rapper Sean “Diddy” Combs' infamous “freak,” according to a new report. The sex worker met with federal agents handling the sex trafficking case against Diddy in New York on Wednesday, officials said. told TMZ. He provided them with a […]
Video shows feds arrest son of would-be Trump assassin Ryan Routh on child porn charges
Video shows the moment the son of would-be Donald Trump assassin Ryan Routh is arrested by federal agents in North Carolina on child pornography charges. Oran Rous, 35, was arrested this week after images of child sexual abuse were discovered in his Greensboro home in connection with an unrelated investigation into his father's assassination attempt, […]
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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