Larry David expressed some contrition over taking part in a high-profile 2022 Super Bowl commercial for the cryptocurrency exchange FTX, the founder of which was last year found guilty of fraud, conspiracy and money laundering. “You know, I asked people, friends of mine who were well-versed in this stuff, ‘Should I do this ad? Is there anything wrong with this, …
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5 reasons to add 1-ounce gold bars to your investment portfolio right now
Finding the right assets to add to your investment portfolio can be difficult — and that’s true even for the most seasoned investors. For example, stocks may offer an opportunity to earn big returns on your money, but these investments can also be volatile, with a penchant for quick drops and increases in value. And, other assets, like treasuries and …
Read More »Russia and Ukraine exchange hundreds of prisoners of war just a week after deadly plane crash
Russia and Ukraine exchanged hundreds of prisoners of war Wednesday, officials in both countries said, exactly a week after Moscow accused Ukraine of shooting down a military transport plane carrying dozens of captured Ukrainian soldiers. Moscow said the plane was brought down by Ukrainian missiles over far-Western Russia on its way to a prisoner swap, killing everyone on board. The …
Read More »Disneys free speech lawsuit against Gov. Ron DeSantis dismissed but second lawsuit still pending
TALLAHASSEE— A federal judge on Wednesday dismissed Disney’s free speech lawsuit against Florida Gov. Ron DeSantis, leaving the company’s remaining hopes of regaining control of the district that governs Walt Disney World to a separate state court challenge. U.S. District Judge Allen Winsor in Tallahassee said in his decision that Disney lacked standing in its First Amendment lawsuit against the …
Read More »Federal Reserve holds its interest rate steady. Heres what that means.
Federal Reserve officials capped their first monetary policy meeting of 2024 by leaving the central bank’s benchmark interest rate unchanged,a decision that was widely expected on Wall Street. But policymakers signaled they want to see more progress made on battling inflation this year, heightening investor focus on exactly when the Fed might release the brakes on the U.S. economy for …
Read More »How mortgage rates will be affected by the interest rate pause
Despite an unexpected uptick in inflation that occurred in late 2023, the Federal Reserve announced todaythat it would leave interest rates unchanged for now. This is the fourth consecutive rate hike pause by the Fed — keeping its benchmark rate range at a 23-year high of between 5.25% and 5.50%. “The committee does not expect it will be appropriate to …
Read More »California man who blamed twin brother for cold case rapes of girl and jogger is sentenced to 140 years in prison
A man has been sentenced to 140 years in prison in California for brutally raping a 9-year-old girl and a 32-year-old jogger more than two decades ago, officials announced this week. Proescutors say Kevin Konther tried to accuse his identical twin brother of committing the crimes – along with the molestation of a former girlfriend’s daughter. Konther, 58, was sentenced …
Read More »Aircraft laser strike reports soar to record high in 2023, FAA says
Aircraft laser strike reports soared to a record high in 2023, jumping 40% from the previous year, the Federal Aviation Administration said on Wednesday. “The FAA takes this threat very seriously,” said FAA Administrator Michael G. Whitakerin a videotaped statement. Laser incidents have soared since 2020 – more than doubling in three years. Pilots reported more than 13,000 laser strikes …
Read More »Mortgage rate dos and donts to know now
The mortgage rate environment has been turbulent in recent years. After hovering near record lows during the height of the pandemic in 2020 and 2021, rates surged as the Federal Reserve attempted to reign in inflation. The benchmark interest rate was raised so high that mortgage rates subsequently hit their highest point since 2000 last summer, leaving many buyers and …
Read More »Military vet who killed Iraqi civilian in 2004 is ordered jailed on charges he used metal baton to assault officers during Capitol riot
A military veteran who shot and killed a handcuffed civilian in Iraq nearly 20 years ago was ordered jailed Tuesday on charges that he used a metal baton to assault police officers during a mob’s attack on the U.S. Capitol on Jan. 6, 2021. Chief Judge James Boasberg agreed with prosecutors that Edward Richmond Jr., 40, of Geismar, Louisiana, is …
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