Man claimed to be billionaire, Harvard MBA, Iraq vet in financial fraud

Zoom In IconArrows pointing outwards A fugitive charged with an audacious $35 million fraud — in which he allegedly told investors he was a hedge fund billionaire, a Harvard MBA and a special forces veteran who had been twice wounded in Iraq — was arrested by an FBI SWAT team in California after days on … Read more

Yellen says ‘there is no truth’ to report she’s leaving the agency after midterms

US Treasury Secretary Janet Yellen holds a news conference in the Cash Room at the US Treasury Department in Washington, US July 28, 2022. Jonathan Ernst | Reuters Treasury Secretary Janet Yellen denied Tuesday an unconfirmed report that President Joe Biden would replace her after the November midterm elections, saying she plans to stay on … Read more

Micron to spend up to $100 billion to build New York chip plant

Sanjay Mehrotra, CEO, Micron Scott Mlyn | CNBC Micron will spend up to $100 billion over at least the next two decades building a new computer chip factory in upstate New York, The New York Times reported on Tuesday. The announcement comes after the passage of the CHIPS and Science Act of 2022, a federal … Read more

Herschel Walker denies abortion claim in Georgia Senate race

Former college football star and current senatorial candidate Herschel Walker speaks at a rally, as former US President Donald Trump applauds, in Perry, Georgia, US September 25, 2021. Dustin Chambers | Reuters Herschel Walker, the Republican nominee for a Senate seat from Georgia who has called for a ban on abortion, was accused in a … Read more

National Archives release records about recovery effort

A detailed property inventory of documents and other items seized from former US President Donald Trump’s Mar-a-Lago estate is seen after the document was released to the public by the US District Court for the Southern District of Florida in West Palm Beach, Florida, September 2, 2022. Jim Bourg | Reuters The National Archives and … Read more

Treasury warns digital assets could threaten the stability of the economy

US Treasury Secretary Janet Yellen speaks at the Atlantic Festival on September 22, 2022 in Washington, DC. Kevin Dietsch | Getty Images The Treasury Department warned Monday that unregulated cryptocurrencies could pose a risk to the US financial system. The warning was part of the first major public report released by the Treasury’s Financial Stability … Read more

Putin declares ‘four new regions of Russia’ as Moscow annexes parts of Ukraine

Russian President Vladimir Putin meets with Moscow-appointed heads of four Ukrainian regions, partially occupied by Russia, at the Grand Kremlin Palace on September 30, 2022, in Moscow, Russia. Contributor | Getty Images News | Getty Images Russian President Vladimir Putin on Friday declared four new regions of the country shortly after holding sham referendums in … Read more

US announces new Russia sanctions in response to Ukraine annexation

President Joe Biden speaks during the First State Democratic Dinner in Dover, Delaware. Saul Loeb | AFP | Getty Images WASHINGTON – The Biden administration announced new economic sanctions on hundreds of Russian officials and entities Friday in response to the Kremlin’s illegal annexation of four regions of Ukraine. “Make no mistake: these actions have … Read more

US announces new Russia sanctions in response to Ukraine annexation

President Joe Biden speaks during the First State Democratic Dinner in Dover, Delaware. Saul Loeb | AFP | Getty Images WASHINGTON – The Biden administration announced new economic sanctions on hundreds of Russian officials and entities Friday in response to the Kremlin’s illegal annexation of four regions of Ukraine. “Make no mistake: these actions have … Read more

House passes funding measure to avoid government shutdown

WASHINGTON, USA – JULY 28: House Majority Leader Steny Hoyer (D-MD) speaks during a news conference on the Wildfire Response and Drought Resiliency Act inside the US Capitol in Washington, United States on July 28, 2022 Nathan Posner | Anadolu Agency | Getty Images The House on Friday passed a stopgap funding measure to keep … Read more