FDA Took More than a Year to Act on Complaint About Baby Formula Factory
The U.S. Food and Drug Administration (FDA) took more than a year to respond to a whistleblower report about an Abbott Nutrition plant in Michigan that became the epicenter of a nationwide infant formula shortage, reports the Associated Press. reportCiting the new audit. The report states: The Department of Labor received the email and forwarded […]
IRS hit Americans with $7B in tax penalties last year
The report said the Internal Revenue Service assessed $7 billion in penalties last year, nearly four times the $1.8 billion it assessed in 2022 after the Biden administration boosted the agency’s staffing. The bulk of the penalties will be assessed to people who underpaid quarterly estimated income taxes, including business owners, gig workers, investors and […]
Coast Guard offers update on deadly Titan submersible implosion nearly one year later
Nearly a year after the OceanGate Titan submersible imploded during a dive to view the Titanic, killing five people, the U.S. Coast Guard has released an update on its investigation into the tragedy. The Coast Guard said on Friday it was “actively investigating” the deaths of British billionaire Hamish Harding, OceanGate CEO Stockton Rush, father […]
Americans Suffered $7B In Tax Penalties Last Year Following Biden Admin’s Additional Funding Of IRS, Thousands Of Added Positions
(Photo by Zach Gibson/Getty Images) OAN’s Brooke MalloryFriday, June 14, 2024 3:11 PM The Internal Revenue Service reportedly assessed $7 billion in additional tax penalties last year, nearly four times the $1.8 billion it assessed in 2022 following the Biden administration’s push to fund the IRS and beef up enforcement. advertisement In 2022, the Biden […]
California Democrats reject budget cuts proposed by Newsom as new fiscal year approaches
In the Golden State, Democrats in the legislature are pushing forward with their ways to cut the budget after rejecting proposals from Gov. Gavin Newsom (D-CA), even as discussions continue. California lawmakers have been in a race to pass a balanced budget ahead of the new fiscal year to avoid a shutdown. However, which cuts […]
Gold prices dip in face of fewer rate cuts this year By Investing.com – Investing.com
Investing.com — Gold prices fell in Asian markets on Thursday, remaining near recent lows after the Federal Reserve sharply cut its outlook for interest rate cuts this year, creating further headwinds for the metal. Gold prices fell despite falling following weaker indicators in the previous session, but the dollar steadied on Thursday as markets digested […]
Giants’ Wan’Dale Robinson looks to make big Year 3 leap
Wan’Dale Robinson didn’t hesitate. The Giants’ third-year receiver didn’t need time to think or reflect on past emotions. He had no intention of leaving the answer vague. He made no secret of his ambitions for the upcoming season. Giants wide receiver Wan’Dale Robinson goes through a drill during minicamp on Wednesday. Corey Shipkin of the […]
Large apartment companies linked to rental fixing scheme continued to profit this year: Analysis
All six of the largest publicly traded apartment companies in the U.S. are said to be involved in the lease arrangement. Price Fixing Scandal An analysis by a left-leaning watchdog group showed gains rose in the first three months of the year. A Responsible America It was revealed exclusively to The Hill. The analysis said […]
Paul Skenes a top NL Rookie of the Year candidate after just six MLB starts
Commercial Content 21+. Paul Skenes is competing with Shota Imanaga for the National League Rookie of the Year award. The Pirates firethrower is one step away from knocking Imanaga, who has been in a tailspin after a hot start with the Cubs, out of the running for the BetMGM Sportsbook award. As of Wednesday afternoon, […]
Fed holds rates steady at 23-year high, projects only one cut this year
The announcement came after a Labor Department report showed inflation slowed more than expected in May, even as prices remain high for millions of Americans. of Federal Reserve The Fed kept interest rates on hold for a seventh consecutive session on Wednesday and scaled back its outlook for rate cuts later this year amid persistently […]