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Global stocks tumble after Wall Street drops on worries about the economy

Global stocks plummeted on Wednesday as Wall Street suffered its worst day since early August, with major player Nvidia falling 9.5% and leading a global sell-off in semiconductor stocks. France's CAC 40 was down 0.8% at 7,513.31 at the open, while Germany's DAX was down 0.8% to 18,607.62. Britain's FTSE 100 also fell 0.8% to […]

Drug dealer duo’s ‘delivery service’ ferried cocaine from Brooklyn to high-end Hamptons – for 3 times the street price: DA

Prosecutors said Thursday that the drug-dealing duo ran a cocaine “delivery service” from Brooklyn to Montauk, catering to upscale Hamptons customers willing to pay three times the street price for the powdered drug. According to prosecutors and the 74-count indictment filed against the pair, Alexander Dyatin and Michael Khodorkovsky hid cocaine and MDMA in Mercedes […]

Dow soars over 400 points as Wall Street cheers Fed rate cuts are on the way

Stocks rose on Friday as dovish comments from Federal Reserve Chairman Jerome Powell bolstered expectations that the central bank will cut its key policy interest rate in September. The Dow Jones Industrial Average rose 462.30 points, or 1.1%, to 41,175.08, just 23 points off its all-time high. The S&P 500 rose 1.2%, and the Nasdaq […]

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 […]

Thug confesses to brutally beating 74-year-old man who died next day in hospital; attack on Baltimore street caught on video

A man has confessed to brutally beating a 74-year-old man on a Baltimore street on Saturday. WJZ-TV reportedThe victim died at a hospital the following day, according to court documents. Surveillance Video. police said Police arrested 43-year-old Timothy Clinedinst for his involvement in the attack on David Philpott. “Without this person, he wouldn’t have died.” […]