Fed’s preferred inflation index cooled in November, but core prices remain stubbornly elevated

The Federal Reserve’s preferred inflation metric, the Personal Consumption Expenditures Price Index (PCE Price Index) excluding food and energy, cooled for the second month in a row […]

US carmakers probed for potential ties to Uyghur slave labor

The Senate Finance Committee is probing eight major U.S. automakers, including General Motors and Ford, for the potential use of parts and materials obtained through the “rampant” […]

Sam Bankman-Fried sent back to parents’ house on $250 million bond

Sam Bankman-Fried, disgraced former CEO of crypto exchange FTX and billionaire political activist, has been released from U.S. custody on a $250 million bond and restricted to […]

Regulators crack down on crypto company audits after FTX scandal

The U.S. Securities and Exchange Commission is increasing scrutiny on firms conducting audits for cryptocurrency exchanges, due to the risk that these reports might be misleading investors […]

Former associate and ex-girlfriend of SBF founder plead guilty to multiple fraud charges, US atty says

Former business associates of disgraced former crypto CEO Sam Bankman-Fried have pleaded guilty to the charges brought against them and are cooperating with the U.S. Attorney’s Office […]

Home sales plunge in November as housing market cracks under high prices

Sales of existing homes fell severely in November, but prices remained elevated compared to one year ago as demand for housing continued to outpace historically low inventory, […]

Dem-aligned PACs are radio silent on returning nearly $30 million in SBF donations

Three PACs, who spent millions on Democratic candidates or advocacy, have not publicly stated whether they will return a combined $29.3 million in donations from disgraced former […]

FBI paid Twitter millions, had close relationship with execs and staff, emails show

The FBI paid nearly $3.5 million dollars between October 2019 and February 2021 as compensation for the time its employees spent managing their requests, according to […]

One month before Hunter Biden laptop story, Twitter execs and journalists war-gamed an eerily similar scenario

and Meta executives, as well as journalists from a variety of mainstream media outlets, participated in a training excercise regarding a potential leak of data related […]

DHS warned Twitter that ‘permissive’ policies could enable ‘Russian influence operations,’ docs reveal

The Department of Homeland Security (DHS) warned that Russia was attempting to take advantage of social media platforms that were “permissive” of “misinformation,” since Russia viewed […]

FBI promised ‘no impediments’ to data sharing with Twitter before 2020 election, internal docs show

The FBI promised that there were “no impediments to information sharing” between itself and in a Sept. 16, 2020 meeting with legal executive Stacia Cardille, […]

Nearly half of America’s six-figure earners lived paycheck-to-paycheck in November: report

Just over 47% of Americans earning than $100,000 were living paycheck to paycheck as of November, spiking 4% from October, according to a survey by financial […]