The Horn News

Proudly American, Fiercely Independent

Bombshell report warns of fraud on Zelle

Incidents of fraud and scams are occurring more often on the popular peer-to-peer payment service Zelle, according to a report issued Monday by the office of Sen. Elizabeth Warren, giving the public its first glimpse into the growing problems at Zelle. The report also found that the large banks that… Read More

Kim Kardashian settles with SEC over big crypto scandal

Kim Kardashian has agreed to pay $1.26 million to settle Securities and Exchange Commission charges that she promoted a cryptocurrency on Instagram without disclosing that she’d been paid $250,000 to do so. The SEC said Monday that the reality TV star and entrepreneur has agreed to cooperate with its ongoing… Read More

Odd Chesapeake Bay lighthouse sells for absurd sum at auction

The federal government has sold off a rather inhospitable lighthouse in the middle of the Chesapeake Bay for a six-figure sum after a bidding war at auction. The Hooper Island Lighthouse, located west of Middle Hooper Island in Maryland’s Dorchester County, at first drew little interest, The Washington Post reported…. Read More

Joe Biden’s $86 million ‘bank robbery’

“On the Holmes Front,” with Frank Holmes Few newspapers recorded it, but last March saw one of the greatest bank robberies in U.S. history. The perpetrators got away with $86 million worth of cash and goods, but they didn’t leave it there. They stole passwords, personal records—even someone’s cremated remains…. Read More

Treasury proceeds with database on corporate ownership

Tens of millions of small U.S. companies will be required to provide the government with details on their owners and others who benefit from them under a regulation finalized Thursday that’s intended to peel back the layers of ownership that can hide unlawfully obtained assets. The Treasury Department said it… Read More

Mortgage rates rise for 6th week; 30-year at 6.7%

Average long-term U.S. mortgage rates rose this week for the sixth straight week, marking new highs not seen in 15 years, before a crash in the housing market triggered the Great Recession. Mortgage buyer Freddie Mac reported Thursday that the average on the key 30-year rate climbed to 6.70% from… Read More

Thrifty cooks grow vegetable plants at home from kitchen scraps

Gardening naturally lends itself to reusing and recycling — just think about compost and last year’s seed trays. So if there’s a way to reduce trash while saving money on produce, you can count me in. And one of my favorite ways to do both is to regrow vegetables from… Read More

Network newscasts make a big gamble on streaming

For more than half a century, ABC, CBS and NBC have aired evening newscasts each weeknight on television. This fall, the competition has spread to another medium. The launch of John Dickerson’s “CBS News Prime Time” in September means that all three news divisions have unique streaming newscasts at night,… Read More

China’s currency slides to 14-year low after US rate hikes

China’s yuan fell to a 14-year low against the dollar Wednesday despite central bank efforts to stem the slide after U.S. interest rate hikes prompted traders to convert money into dollars in search of higher returns. A weaker yuan helps Chinese exporters by making their goods cheaper abroad, but it… Read More

Musk’s team files brief claiming the SEC is muzzling him

U.S. Securities regulators are unlawfully muzzling Tesla CEO Elon Musk, violating his free speech rights by continually trying to enforce a 2018 securities fraud settlement, Musk’s lawyer contends in a court brief. The document, filed late Tuesday with the federal appeals court in Manhattan, was written to support Musk’s appeal… Read More