Feds turn over evidence on ICE shootings sought by Minnesota officials – CBS News Watch CBS News Federal investigators have turned over evidence that officials in Minnesota have been requesting for months about the deadly ICE shootings the state experienced in January. Hennepin County attorney Mary Moriarty joins “The Takeout” to discuss. Source link
NEWYou can now listen to Fox News articles! The CEO of a popular U.S. gaming brand on Thursday was appointed to a high-level Federal Reserve task force despite ongoing fury over her company’s recent firing of 1,600 workers while being approved to hire thousands of foreign visa workers. Asha Sharma, who heads Microsoft’s XBOX division, … Read more
Dozens of Medicaid-funded social adult daycare centers are packed into one New York City neighborhood, a CBS News data analysis has found. And national investigative correspondent Tom Hanson learned federal authorities are looking into possible fraudulent activity at some facilities across New York state. Source link
Dozens of Medicaid-funded social adult daycare centers are packed into one New York City neighborhood, a CBS News data analysis has found. The proliferation of the facilities has caught the attention of federal authorities, who confirmed they are investigating across New York whether the rapid spread of centers catering to seniors is indicative of fraud. … Read more
Washington — The Supreme Court on Monday allowed Lisa Cook to continue in her post as a member of the Federal Reserve Board of Governors while legal proceedings over President Trump’s attempt to fire her continue. In a 5 to 4 decision, the high court rejected the president’s bid to allow him to oust Cook … Read more
May’s personal consumption expenditure index, the Federal Reserve’s preferred inflation gauge, rose 4.1% year to year, the highest level in three years. CBS News senior business and tech correspondent Jo Ling Kent has more. Source link
The Federal Reserve’s preferred inflation gauge climbed to 4.1% in May, its highest level in more than three years. Josh Schafer, Barron’s Investor Circle Newsletter editor, joins with analysis. Source link
The Personal Consumption Expenditures index — the Federal Reserve’s preferred inflation measure — rose at a 4.1% annual rate in May, highlighting the central bank’s challenge in reining in prices. The reading matched economists’ forecasts for the PCE report to come in at 4.1% annually, according to financial data service FactSet. That compares with an … Read more
NEW YORK — All 32 of the nation’s biggest banks passed the Federal Reserve’s annual “stress test” of the financial system, the central bank said Wednesday, a sign that the banking system would remain healthy even if a major economic contraction occurred. The annual stress test measures whether a bank’s capital, a financial cushion it … Read more
The federal government and a growing number of U.S. states are clashing over the regulation of prediction markets. The Commodity Futures Trading Commission, the federal agency that oversees prediction markets, on Tuesday filed a lawsuit against Kentucky over its efforts to crack down on Kalshi and Polymarket for what state officials allege are violations of … Read more