The Federal Reserve on Wednesday raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in three decades to tame high inflation. The Fed’s move will raise its key rate, which affects many consumer and business loans, to… Read More
Shakira rejects plea deal, faces tax fraud trial
Colombian pop singer Shakira has opted to go to trial instead of accepting a deal offered by Spanish prosecutors to settle allegations she defrauded Spain’s government of 14.5 million euros ($15 million) in taxes, her public relations team said Wednesday. Shakira, 45, “trusts her innocence and chooses to leave the… Read More
Hidden gem: Largest pink diamond in 300 years discovered here
A big pink diamond of 170 carats has been discovered in Angola and is claimed to be the largest such gemstone found in 300 years. Called the “Lulo Rose,” the diamond was found at the Lulo alluvial diamond mine, the mine’s owner, the Lucapa Diamond Company, announced Wednesday on its… Read More
Mega Millions jackpot balloons over $1B as no one wins
A giant Mega Millions lottery jackpot ballooned to $1.02 billion after no one matched all six numbers Tuesday night and won the top prize. The new estimated jackpot will be the nation’s fourth-largest lottery prize. Sponsored: Deadliest Drug Ever (are you taking it?) The jackpot has grown so large because… Read More
Russia halves the amount of natural gas piped to Europe
Russia’s Gazprom on Wednesday halved the amount of natural gas flowing through a major pipeline from Russia to Europe to 20% of capacity. It’s the latest Nord Stream 1 reduction that Russia has blamed on technical problems but Germany calls a political move to sow uncertainty and push up prices… Read More
GOP senators drop bombshell report
A report released Tuesday by Republican members of the Senate Committee on Homeland Security and Governmental Affairs contained bombshell information on Communist Chinese Party links to the Federal Reserve. According to the Republican senators led by Sen. Rob Portman, R-O.H., the Communist Party of China has targeted officials in the… Read More
Choco Taco discontinued; Reddit co-founder reacts
Choco Taco, a favored poolside cuisine for generations, will soon be no more after owner and ice cream maker Klondike decided to discontinue the summer treat. “Over the past 2 years, we have experienced an unprecedented spike in demand across our portfolio and have had to make very tough decisions… Read More
Strange bedfellows: Senate GOP joined by… Bernie Sanders?!
A bill to boost semiconductor production in the United States has managed to do nearly the unthinkable — unite the democratic socialist Sen. Bernie Sanders and the fiscally conservative right. The bill making its way through the Senate is a top priority of the Biden administration. It would add about… Read More
T-Mobile sees $350M breach of customer data
T- Mobile has agreed to pay $350 million to customers affected by a class action lawsuit filed after the company disclosed last August that personal data like social security numbers had been stolen in a cyberattack. In a Securities and Exchange Commission filing on Friday, the mobile phone company said… Read More
Facebook unveils new way to see friends’ posts
Facebook is rolling out an update that enables its 2 billion daily users to more easily view their friends’ posts in chronological order. The new feature is the company’s latest attempt to keep people coming back to its social network amid intensifying competition with its trendier rival TikTok. Sponsored: #1… Read More
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