President Biden told a crowd he likes ‘babies better than people’ as a child wailed during a speech he was giving on Wednesday. The exchange occurred during an event at…
Maine’s backlog of criminal court cases remains about 60% to 65% higher than pre-pandemic levels, a stubborn figure the state has been unable to reduce over two years, the state’s…
18 state AGs urge Senate to reject Nancy Abudu’s judicial nomination: ‘She is an activist’
Eighteen Republican state attorneys general warned the Senate this week to reject the nomination of Nancy G. Abudu to a judgeship on the 11th circuit court, citing her self-proclamation as…
Alabama inmates could see more time behind bars under a bill approved Thursday in the Alabama Senate that restricts the use of good behavior incentives to shorten prison stays. Senators…
The wife of a now-former Connecticut state lawmaker was sentenced Thursday to six months in federal prison in connection with her role in the alleged theft of federal coronavirus relief…
With the recent crash of the Regional Banking ETF (KRE) some may wonder if there were adequate technical warnings ahead of the crash. Yes, there were. To clarify, we’re looking…
New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the Federal Deposit Insurance Corp. said late Sunday. The…
Amazon will lay off 9,000 more employees, CEO Andy Jassy said in a memo to staff on Monday. The cuts are on top of the previous layoffs that commenced last November…
In the wake of bank meltdowns, the Fed draws accusations of lax oversight
The recent crashes of three U.S. lenders — Signature Bank, Silicon Valley Bank and Silvergate Bank — has slashed confidence in the nation’s banking system. The debacles have also put financial…
Fed raises interest rates by a quarter point, keeping inflation in crosshairs
The Federal Reserve is raising its key interest rate by 0.25%, continuing on its crusade against inflation while warning that recent instability in the banking sector could weigh on the…