Money
NOTES
April 23, 2024 11:50 AM
Baltimore has sued the operator and manager of the Dali container ship for destroying the Francis Scott Key Bridge and killing six people. The lawsuit, which cites owner Grace Ocean Private Limited and the ship’s manager, Synergy Marine Private Limited, said the crash was the result of “gross negligence, and recklessness, and as a result of the unseaworthiness of the Vessel.” Grace Ocean and Synergy Marine have asked for limited liability for the incident.
April 23, 2024 11:50 AM
March 28, 2024 11:54 AM
The former crypto wunderkind, who was convicted of fraud and conspiracy last year, is now facing a long prison sentence after the implosion of his exchange, FTX.
March 28, 2024 11:54 AM
February 02, 2024 08:44 AM
Total nonfarm payroll was up by 353,000 in January, the BLS reported this morning. That’s more than 100,000 jobs over what many economists had anticipated.
February 02, 2024 08:44 AM
January 31, 2024 04:02 PM
The Fed left rates unchanged at its meeting today, but Chair Jay Powell said “it will likely be appropriate” to ease its policies put in place to curb inflation as this year goes on. But he waved off any idea that it would happen imminently, and suggested the inflation picture is still unpredictable.
January 31, 2024 04:02 PM
January 29, 2024 12:53 PM
Former IRS contractor Charles Littlejohn was sentenced to five years in prison for giving tax records from many wealthy Americans to The New York Times and ProPublica. Littlejohn had previously come to a plea deal with federal prosecutors in the case.
January 29, 2024 12:53 PM
January 26, 2024 02:54 PM
Wayne LaPierre confirmed under oath that he used the gun rights group’s funds on chartered private jets, luxury car services, and gifts, NBC reports. LaPierre is facing a civil lawsuit brought by New York Attorney General Letitia James alleging that the NRA, a nonprofit, used its financial resources for personal use.
January 26, 2024 02:54 PM
