Gold prices hit a record high above $2,200 after the Fed’s dovish press conference – Fortune
A quarter gold jewelery dealer poses with three 1kg gold bars on December 13, 2023 in Birmingham, England. Photo by Christopher Furlong/Getty Images Gold may not support currency values or attract average investors like it once did, but the shiny yellow metal will always have its supporters. gold bug Flying again. Gold prices soared past […]
Executive director of Bill and Hillary Clinton National Airport seriously wounded after exchanging gunfire with feds: Report
The executive director of an airport in Arkansas is fighting for his life after reportedly exchanging gunfire with federal agents who showed up at his home to serve a search warrant earlier this week. Around 6 a.m. Tuesday, agents with the Bureau of Alcohol, Tobacco, Firearms and Explosives arrived to execute a search warrant at […]
Fed’s Powell walking tightrope on rate cuts as inflation bites
Art Laffer, Founder and Chairman of Laffer Associates, Reacts to Potential Federal Reserve Chairman Jerome Powell, On ‘How to Make Money’ on Whether the Fed Will Cut Interest Rates in 2024 Discuss. #foxbusiness #moneymaking Few expect the Fed to cut rates on Wednesday. Instead, investors will analyze Fed Chair Jerome Powell’s Fed speech to determine […]
5 things to know about the Fed’s March rate decision
The U.S. Federal Reserve is expected to hold interest rates unchanged on Wednesday after a series of strong economic data delayed the central bank’s plans to cut interest rates by the end of the year. The Fed ended 2023 with a steady decline in inflation and a slight slowdown in the job market after raising […]
Feds propose management plan for historic recreation area in Nevada and Arizona
Federal officials are proposing an air tour management plan for Lake Mead National Recreation Area in southeastern Nevada and northwestern Arizona. The National Park Service and the Federal Aviation Administration announced Tuesday that the voluntary agreement will guide both agencies in managing commercial air tourism over nearly 1.5 million acres of recreation area. The National […]
Feds investigating Meta for possible role in illegal drug sales on Facebook, Instagram
Federal authorities are pursuing Facebook for possible drug trafficking. U.S. prosecutors in Virginia are investigating Meta Platforms, the parent company of Facebook and Instagram, for its role in facilitating the sale of illegal drugs online. The Wall Street Journal reported on Saturday. They issued subpoenas and began questioning whether Meta’s social media platforms were enabling […]
Feds side with McDonald’s franchise owners in battle to fix ice cream machines
The fast food giant was sued by the federal government for not allowing McDonald’s franchise owners to use third-party hacking devices to repair chronically broken ice cream machines. They want to legalize it. The Federal Trade Commission and the Justice Department’s antitrust division are asking the U.S. Copyright Office to approve an exemption from copyright […]
Feds select large stretch of New England coast for offshore wind development
The federal government on Friday designated a vast area of water off the coast of New England for offshore wind energy development. According to the Bureau of Ocean Energy Management, the development designation “avoids critical areas for lobster fishing, North Atlantic right whale habitat, and other important fishing grounds and habitat.” Democratic Maine Gov. Janet […]
Gautam Adani probed by feds over over potential bribery: report
The US has widened its investigation into India’s Adani Group, focusing on the conduct of founder Gautam Adani and whether the company may have been involved in bribery. Bloomberg News reported Friday. The report, citing people with direct knowledge of the matter, said prosecutors are investigating whether Adani’s entities or people associated with the company, […]
Feds to release $106M in migrant aid after month of paperwork delays
The federal government is finally set to release more than $100 million in immigration aid to New York City that has sat untouched for months, but the delay has heightened tensions between City Hall and the Biden administration. The $106 million in aid — the remainder of the $150 million Congress allocated to the Big […]