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By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — Top regulators are recommending a series of new safeguards to ensure that a growing and unregulated cryptocurrency market doesn’t imperil U.S. financial stability. Regulators are calling on Congress to pass legislation that would address the systemic risks caused by the growth of stablecoins, which are a form
Continue ReadingBy Brianna Owczarzak Click here for updates on this story BAY CITY, Michigan (WNEM) — The city of Bay City announced its public safety director, Michael Cecchini, is retiring. This comes after Cecchini was placed on administrative leave following a complaint from a Bay City resident. The complaint stems from an incident that happened Sept.
Continue Reading By TOM HAYS Associated Press NEW YORK (AP) — Rex Tillerson, who served as secretary of state under former president Donald Trump, has testified against the former chair of Trump’s inaugural committee. Tillerson was called on Monday as a government witness at the federal trial of Tom Barrack, a billionaire private equity manager and Trump
Continue ReadingCNN, CNN BUSINESS By Pete Muntean, CNN Federal aviation officials announced on Tuesday that flight attendants will soon get more mandated rest time between flights. Current FAA rules say that in most cases, an airline must provide a flight attendant a nine-hour rest period after being on duty 14 hours or less. The new rule
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OAKLAND, Calif. (AP) — Two Berkeley High School students who were killed over the weekend at a birthday party in Oakland were brothers who “never caused any trouble,” their aunt said. Police have not yet released their names but their aunt, Erika Galavis, told the San Francisco Chronicle on Sunday that they were Jazy Soleto,
Continue ReadingBy Pete Muntean, CNN Federal aviation officials announced on Tuesday that flight attendants will soon get more mandated rest time between flights. Current FAA rules say that in most cases, an airline must provide a flight attendant a nine-hour rest period after being on duty 14 hours or less. The new rule increases the rest
Continue Reading By DAMIAN J. TROISE and STAN CHOE AP Business Writers NEW YORK (AP) — Wall Street soared to its best day in months Monday in a widespread relief rally after some unexpectedly weak data on the economy raised the possibility that the Federal Reserve won’t have to be so aggressive about hiking interest rates. The
Continue ReadingBy Parija Kavilanz, CNN Business Tupperware containers will now be available at Target, in a major shift for the 76-year-old brand. Generally the company has sold its plastic food storage containers solely through in-home “Tupperware parties” or its own website — save a few brief and limited pilot programs with retailers HomeGoods, Bed Bath and
Continue ReadingBy Alicia Wallace, CNN Business The devastation wrought by Hurricane Ian likely caused more than $50 billion in damages — and also dinged overall US economic output, economists say. Initial damages from the deadly storm are estimated to be in the range of $45 billion to $55 billion in Florida and at least several billion
Continue ReadingCNN By Alicia Wallace, CNN Business The devastation wrought by Hurricane Ian likely caused more than $50 billion in damages — and also dinged overall US economic output, economists say. Initial damages from the deadly storm are estimated to be in the range of $45 billion to $55 billion in Florida and at least several
Continue Reading The Associated Press Wall Street rallied to its best day since late July as falling bond yields eased some of the pressure that’s battered markets. The S&P 500 rose 2.6% Monday, the latest swing for a scattershot market that’s been mostly falling this year on worries about a possible global recession. Treasury yields fell after
Continue Reading NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: ViaSat, Myovant rise; Tesla, Twitter fall.
Continue Reading By MICHELLE CHAPMAN and KEN SWEET AP Business Writer The long list of celebrities promoting cryptocurrencies just got shorter. Kim Kardashian is being barred from doing so for three years — and will pay a $1 million fine — to settle federal charges that she recommended a crypto security to her 330 million Instagram followers
Continue Reading By DAMIAN J. TROISE and STAN CHOE AP Business Writers NEW YORK (AP) — Wall Street rallied to its best day since late July as falling bond yields eased some of the pressure that’s battered markets. The S&P 500 rose 2.6% Monday, the latest swing for a scattershot market that’s been mostly falling this year
Continue ReadingBy Sean Lyngaas, CNN Russian and Chinese government-affiliated operatives and organizations are promoting misinformation about the integrity of American elections that originated in the US ahead of November’s midterms, senior FBI officials said Monday. The FBI assessment underscores how the explosion of voting conspiracy theories in the US has been fertile ground for foreign operatives
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urielblanco (CNN) — Una investigación independiente reveló abusos sistemáticos y mala conducta en el fútbol femenino profesional de Estados Unidos. El informe, dirigido por la antigua secretaria de Justicia en funciones Sally Q. Yates y publicado este lunes, se basa en más de 200 entrevistas y revela que la Liga Nacional de Fútbol Femenino (NWSL),
Continue ReadingBy Rachel Metz, CNN Business Elizabeth Holmes, the founder of failed blood testing startup Theranos who was convicted of fraud earlier this year, may not be sentenced until next year after the judge in the case decided to allow a hearing later this month to address defense concerns about a key witness’s testimony. During a
Continue ReadingBy WCCO Staff Click here for updates on this story MINNEAPOLIS (WCCO) — More than a hundred mental health workers with Allina Health are on the picket line Monday. The newly unionized group says they continue “to face anti-union tactics and deliberate delaying at the negotiation table.” The three-day unfair labor practices strike had been
Continue ReadingBy WCCO Staff Click here for updates on this story WOODBURY, Minnesota (WCCO) — You might have seen a strange sight if you were driving near the Interstate 94, Interstate 494 and Interstate 694 interchange Sunday evening. And no, it wasn’t a pig-ment of your imagination. A group of pigs was spotted near the intersection
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A 45-year-old man who allegedly stole power tools and led deputies on a foot pursuit in La Quinta pleaded guilty to charges and was immediately sentenced to 24 days in county jail. Jose Manuel Alvarez of Indio was charged with two misdemeanor counts, one each of shoplifting a value of $950 or under and resisting
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