Fake numbers, real pain: How the feds fudged our economy
Imagine a year's worth of stock market gains built on economic and employment data that was fake from the start. The government's constant downward revisions of this data, culminating in the 800,000 job cuts last week, expose the true nature of our fake economy, which benefits those connected to the government to the detriment of […]
Feds charge 2 Europeans with ‘swatting’ plot targeting members of Congress, other elected officials
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Crime tourism group operating out of LA car rental facility stole millions in heists, home thefts, feds say
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Alleged Chinese agent spied on fellow pro-democracy activists in NYC for communist party: feds
A New York City-based Chinese American pro-democracy activist has been charged with spying on fellow New York dissidents on behalf of the Chinese government, according to an indictment unsealed in Manhattan federal court last week. According to the indictment, one of Jun Tang’s targets was a parliamentary candidate who was forced to withdraw from the […]
US firms’ ‘low firing’ approach could turn to more layoffs, Fed’s Barkin warns
Jim Thorne, chief market strategist at Wellington Altus Private Wealth, argues that the Fed needs to get inflation down to neutral levels quickly. In newly released comments, Richmond Fed President Thomas Barkin said U.S. companies’ current approach to hiring decisions — hiring fewer people and firing fewer — is likely short-lived, and he noted the […]
Trump shooter Thomas parents retain high-powered lawyer as feds probe what they knew and when: report
The family of Thomas Matthew Crooks has hired a major law firm as the FBI continues its investigation into the shooting at last month’s rally that nearly assassinated former President Donald Trump. Nearly six weeks after the shooting, federal authorities are still struggling to understand why Crooks opened fire on a crowd in Butler, Pennsylvania, […]
Iowa man arrested for role in sadistic monkey torture film ring: feds
An Iowa lawyer has been arrested for allegedly making and sharing disturbing videos of him torturing, sexually abusing and killing a monkey. According to federal prosecutors, Philip Colt Moss, 41, is accused of conspiring with at least two previously indicted men, Nicholas Dryden of Ohio and Giancarlo Morelli of New Jersey, to create the so-called […]
Fed’s actions carried more weight than words in taming inflation: researchers
FOX Business’ Edward Lawrence presents highlights from Federal Reserve Chairman Jerome Powell’s remarks at the Jackson Hole Economic Symposium. Reliability Federal Reserve System New research presented at the Kansas City Fed’s annual research conference in Jackson Hole, Wyoming, says interest rate cuts helped financial markets as the central bank fought inflation for years, but it […]
Wall Street analysts blast feds over botched release of jobs revision report
Wall Street analysts slammed the federal government this week for releasing the biggest downward revision to employment numbers in 15 years, botching the release in the process and causing turmoil in the stock and bond markets. The Bureau of Labor Statistics was scheduled Announces annual “Interim Benchmark Revision” Wednesday at 10 a.m. Eastern time. The […]
Feds Gave Catholic Charities Almost $800 Million That Helped Shelter, Transport Biden’s Migrants into U.S. Communities
Congress and President Joe Biden’s administration have reportedly paid $769 million to the Texas branch of Catholic Charities USA since 2021 to help integrate huge numbers of poor immigrants into American communities, workplaces and housing. “Catholic Charities has a history of prioritizing the needs of immigrants over those of Americans,” said Sheena Rodriguez, the organization’s […]