While its unclear what specifically has triggered the Department of Justice and United States Attorney Rachael Rollins Offices federal probe into the Worcester Police Department, the department has paid out millions to settle lawsuits against the department in the last decade. And several lawsuits are ongoing. Federal officials announced an investigation into possible patterns of
Municipals rallied across the yield curve Wednesday, outperforming U.S. Treasuries and seeing the greatest gains out long after stronger retail sales data signaled the Fed’s tightening is not yet over, pushing equities into the red. Retail sales increased 1.3% in October, slightly above the consensus forecast of 1.0% and a significant improvement from the flat
The Securities and Exchange Commission’s Public Finance Abuse Unit expanded its efforts in fiscal year 2022, filing 20 enforcement actions in a mix of civil and standalone administrative proceedings that included first ever charges for limited offering exemptions and its first ever charges against a broker dealer for violating a municipal advisor registration rule. The
Elon Musk has given Twitter staff an ultimatum over their future at the social media platform, telling them to commit to an “extremely hardcore” working culture of long hours or receive three months of severance. In an email to staff, Musk told employees “we will need to be extremely hardcore” to build what he referred
Solana (SOL) has lost 60% of its market value in a week due to its exposure to the now-defunct crypto exchange FTX, which could continue to haunt the “Ethereum killer” well into the future. FTX/Alameda exposure hurting Solana price FTX and its sister-firm Alameda Research is liable to have control over 50 million SOL, according
Smart contract platform tokens and decentralized finance (defi) protocols have taken a beating since the FTX collapse last week. The market capitalization of all the smart contract platform tokens in existence lost more than $22 billion during the last 36 days. The total value locked (TVL) in defi protocols has dropped to $43 billion, the
Traders on the floor of the NYSE, Sept. 14, 2022. Source: NYSE As we see valuations soften in many parts of the market today, it can feel like an uncertain time for investors, especially in technology. However, on close examination, investing specifically in enterprise software will continue to be one of the best uses of
In this article AAP CCL LOW TGT Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Target (TGT) – Target plunged 13.5% in the premarket after missing consensus estimates by 59 cents with quarterly earnings of $1.54 per share. The retailer expects a drop in holiday season sales and
The hacker that exploited the now-bankrupt FTX exchange last week made a tidy fortune that has propelled them to Ether (ETH) whale status. Just a day after the embattled FTX exchange filed for Chapter 11 bankruptcy, its wallets were drained for more than $663 million in various crypto assets, according to blockchain intelligence company Elliptic.
The Malibu, California estate once owned by the late actor Steve McQueen is on the market for $17 million. He was a beloved performer for Baby Boomers and one of the highest-paid actors in the world in the 1970s. McQueen was the epitome of cool, both in real life and his movies, including The Thomas
A home for sale in the Mission Hills area of Los Angeles Tuesday, Oct. 11, 2022 in Mission Hills, CA. Brian Van Der Brug | Los Angeles Times | Getty Images Mortgage application volume rose 2.7% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. An additional adjustment
Ascend Fort Lee will be open for recreational weed order pick-ups on Thursday, NJ Advance Media has been told exclusively by the multi-state operator that owns the dispensary. This dispensary received its site approval from the Fort Lee Planning Board late Monday, the last step the firm needed to begin adult weed sales and become
President Trump is mounting a comeback bid with the hope that the GOP will once again rally behind him just as some Republicans worry nominating him for president for a third time is a recipe for failure at the ballot box. The former president announced the launch of his 2024 presidential campaign from his Mar-a-Lago
Pothole problems It’s that time of year when the winter weather starts damaging the roads and drivers pay the price of hitting potholes. NEW YORK – U.S. drivers spend nearly $3 billion a year fixing damage caused by potholes, according to AAA. But some states are worse than others. QuoteWizard released its list of the
Tesla Inc. TSLA is the pioneer and frontrunner of the electric vehicle industry, and acknowledgment of the same came from none other than Warren Buffetts trusted lieutenant Charlie Munger. What Happened: Tesla has made real contributions to this civilization and it should not be equated to Bitcoin BTC/USD , Munger said in an interview with
In an effort to bridge the gap between cryptocurrency and traditional payments, Circle, the company behind USD Coin USDC/USD has added support for AppleAAPL Pay. What Happened: On Tuesday, Circle said that it would enable customers to purchase cryptocurrency such as Bitcoin BTC/USD , Ethereum ETH/USD on their preferred exchange using Apple Pay. According to
After former U.S President Donald Trump announced his bid to contest the 2024 presidential election, German Chancellor Olaf Scholz said he was not very impressed by it. What Happened: Scholz said Trumps announcement was not impressive because it took place after the midterm elections in the U.S., reported Reuters. See Also: Donald Trumps DC Hotel
After months of delay, the most powerful space rocket ever built has blasted off from its Florida launchpad, embarking on the first of two test journeys preceding the mission that will return humans to the moon for the first time since 1972. The $20 billion Artemis 1 rocket — made up of the six-person Orion
Senate Republicans let their fury and frustration out at one another during a lengthy closed-door meeting that revealed the bitter feelings left over from a crushingly disappointing midterm election. An at-times nasty and personal discussion took place at the Senate GOP lunch, where Senate Minority Leader Mitch McConnell (R-Ky.) and Sen. Rick Scott (R-Fla.), who
The Puerto Rico Electric Power Authority fuel line lenders said they have a document to stop the Oversight Board from getting its proposed restructuring approved. The document, the board’s agreement with former PREPA fuel provider Vitol for its support of the restructuring, will make it very difficult for the judge to accept Vitol as a