Author: IA PressRoom

The criminal case against President Donald J. Trump over his hoarding of classified documents was randomly assigned to Judge Aileen M. Cannon, a court official for the Southern District of Florida said on Saturday.The chief clerk of the federal court system there, Angela E. Noble, also confirmed that Judge Cannon would continue to oversee the case unless she recused herself.The news of Judge Cannon’s assignment raised eyebrows because of her role in an earlier lawsuit filed by Mr. Trump challenging the F.B.I.’s search of his Florida club and estate, Mar-a-Lago. In issuing a series of rulings favorable to him, Judge…

I’m going to preface this by saying that I know I am in a great long-term position. It’s the short term that is of concern. I am 62, single with no dependents. I own my smallish home outright and it’s worth $1 million due to the location. I own my car outright and I have no debt. My IRA and small Roth accounts have about $350,000 with an additional $840,000 in two guaranteed-income deferred annuities rolled over from a couple old 401(k)s in 2020. There’s $520,000 in my regular brokerage accounts (mostly Vanguard Index funds). I have $42,000 invested in…

Sir Jack’s identity is revealed to be former Google and Stripe engineer, Kevin Xu, founder of the … [+] social trading platform, AfterHour.Photo provided by Kevin Xu The internet is notorious for anonymity, which is often used to shield people with nefarious intentions, but hidden identities can also be used for more positive, impactful acts. This is the case with successful retail investor Sir Jack, an online personality who has garnered notoriety and respect from the WallStreetBets community by making millions of dollars in gains and sharing his strategies. For those unfamiliar with WallStreetBets, the online communities, which include 14…

Goldman Sachs was hit by a surge in commercial real estate loan delinquencies in the first quarter, fuelled in part by Elon Musk’s refusal to pay Twitter’s rent. The value of loans to commercial real estate borrowers (CRE) behind on repayments climbed 612 per cent in the first quarter to $840mn, according to reports filed by Goldman’s licensed banking entity with the US Federal Deposit Insurance Commission.That was much higher than the rise in delinquent CRE loans reported by the entire US banking industry, which were up 30 per cent over the same period to just over $12bn, according to…

© Reuters. FILE PHOTO: An aerial photo looking north shows shipping containers at the Port of Seattle and the Elliott Bay waterfront in Seattle, Washington, U.S. March 21, 2019. REUTERS/Lindsey Wasson/File Photo (Reuters) – The Pacific Maritime Association (PMA) said in a tweet on Saturday that coordinated and disruptive work actions led by the International Longshore and Warehouse Union (ILWU) have shut down cargo operations at the Port of Seattle. “On the first shift today, the ILWU refused to dispatch any longshore workers to container terminals, the PMA said, resulting in the shutdown of the port. The Port of Seattle…

Major news outlets facing litigation from a group run by Democratic presidential candidate Robert F. Kennedy, Jr. would not be protected from the alleged violation of federal antitrust laws, a media law expert says. “Media outlets do not get a First Amendment exemption from antitrust laws,” Lyrissa Lidsky, chair of U.S. Constitutional Law at the University of Florida Levin College of Law, told Fox News Digital. Kennedy’s organization, Children’s Health Defense, filed the second lawsuit this year against news outlets that are members of the Trusted News Initiative, a global coalition of news organizations and tech firms, alleging some of the member organizations…

georgeclerk The number of U.S. regional bank insiders purchasing shares in their own companies reached a three-year high during Q2, in what appears to be a vote of confidence in the sector after the recent collapse of a few regional lenders, according to research firm VerityData. The number of insider buyers jumped to 778 in Q2 through May 26 from 524 during all of Q1, Reuters recently reported, citing the VerityData research. The magnitude of this buying frenzy has not been seen since Q1 2020, when the onset of COVID-19 prompted a stock-market selloff. During Q2 through May 26, 2023,…

The 60th anniversary of the Equal Pay Act prompted a new analysis of the gender wage gap. It found an estimated $61 trillion in wages lost by working women since the Act was passed. The wage gap may not be closed until 2056, according to the Center for American Progress. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app The Equal Pay Act was passed 60 years ago today — and it may take another 33 years before women are paid as much as men,…

CNN  —  The top two Republican leaders in the Senate remain silent a day after former President Donald Trump, the current GOP 2024 presidential frontrunner, was indicted by the federal government. While the charges have yet to be unsealed, the top two Republicans in the Senate, Minority Leader Mitch McConnell, and Minority Whip John Thune have not put out statements, a stark contrast to the swift reaction among House GOP leaders who quickly rushed to Trump’s defense. “Today is indeed a dark day for the United States of America. It is unconscionable for a President to indict the leading candidate…

Millions of people in the eastern U.S. have been dealing with unhealthy air quality this past week owing to Canadian wildfires — but homeless and low-income people, outdoor workers, and people with preexisting health problems have been particularly vulnerable.  A smoky sepia haze blanketed New York City Wednesday as officials warned residents to don masks outdoors. By Thursday, the Washington Monument in Washington, D.C., was hardly visible, and locals there were told to stay inside as much as possible. And for some people who had never experienced that kind of air pollution before, the consequences of it were suddenly being widely…