Stocks went into a steep slide Monday on Wall Street as a combination of coronavirus fears and a crash in oil prices spread alarm through the market, triggering the first automatic halt in trading in over two decades to let investors catch their breath. The price of oil sank nearly… Read More
Foreign nationals in U.S. caught laundering $100 million
Two Chinese nationals were charged Monday with laundering over $100 million in cryptocurrency that had been stolen by North Korean hackers, U.S. prosecutors said. Sponsored: Lose weight while you sleep!? Tian Yinyin and Li Jiadong were charged in an indictment unsealed in Washington with money laundering conspiracy and operating an… Read More
FBI agents raid Democrats’ office, arrest her for extortion
Federal authorities on Tuesday arrested Cincinnati city councilwoman Tamaya Dennard on charges of corruption and extortion. She faces up to 50 years in jail. The Cincinnati Enquirer obtained a federal affidavit detailing the charges, which include bribery, attempted extortion, and wire fraud. National Review writes that Dennard asked for money from a… Read More
Trump’s immigration welfare rule a big win for U.S. taxpayers
President Donald Trump vowed to crackdown on illegal immigration as part of his 2016 campaign promises. The Supreme Court’s latest ruling helped his administration put that plan into action Tuesday. The highest court in the land ruled Friday that the Trump administration’s move to reinstate “public charge” — a rule… Read More
White House has new $1 trillion infrastructure plan
As a presidential candidate in 2016, Donald Trump promised a $1 trillion infrastructure plan that would use tax incentives to spur private investment in public works projects. So far, Congress has refused to consider the idea. In another election year, Trump has outlined a new $1 trillion plan for spending… Read More
Analysis: What Trump’s budget means for America
by Frank Holmes, reporter President Donald Trump promised if Americans elected him president, “you’ll be sick and tired of winning, but we’re gonna keep on winning.” Trump unveiled the next step to keep America great this week—and political leaders in both parties have already said it’s dead on arrival. The… Read More
White House warns about Chinese spy “backdoor”
The Chinese company Huawei can secretly tap into communications through the networking equipment it sells globally, a U.S. official charged as the White House stepped up efforts to persuade allies to ban the gear from next-generation cellular networks. The U.S. national security adviser, Robert O’Brien, made the statement at an… Read More
Chesapeake Bay fishery — one of a kind — faces extinction
For a guy who left school after 11th grade, George Ball figures he has the best-paying job available on this rural stretch of Chesapeake Bay shoreline. He catches a fish called Atlantic menhaden, used to make fish oil pills and farm-raised salmon feed, and earns about $50,000 a season, as… Read More
Trump’s budget proposal already rejected by Democrats
Confronted with the threat of trillion-dollar-plus deficits for as far as the eye can see, President Donald Trump is offering a $4.8 trillion budget plan for the upcoming fiscal year that proposes spending cuts while leaving Social Security and Medicare benefits untouched. Democrats have promised to reject the plan outright…. Read More
Report: U.S. economy surprises economists, adds 200k more jobs
President Donald Trump at the State of The Union address touted the strength of the economy and employment during his administration. The latest report from the Labor Department indicates that the Trump administration’s hard work has been successful, according to the numbers. Hiring surpassed economist expectations last month. U.S. employers… Read More
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