THEHEALTHNEWS7.COM: The Worldwide Leader in News 00:00, 07/12/2019

Fed's Powell Says Facebook's Libra Raises 'Serious Concerns'

Federal Reserve Chairman Jerome Powell strongly signaled again that the central bank could cut interest rates later this month to bolster the U.S. economy as it faces risks from sl...

Fed's Powell Says Facebook's Libra Raises 'Serious Concerns'

Source: wsj.com

US Treasury has 'serious concerns' Libra could be used for terrorism The US government views cryptocurrencies, including Facebook-backed Libra, as a national security issue. In a press conference today, Treasury Secretary Steven Mnuchin said the Treasury Department has...
06:00, 07/16/2019

Facebook currency project 'cannot go forward' until concerns addressed: Powell U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns were addressed, piling further p...
19:34, 07/10/2019

Fed's Powell bolsters rate cut view on trade, global growth concerns Federal Reserve Chairman Jerome Powell on Wednesday set the stage for the first U.S. interest rate cut in a decade later this month, pledging to 'act as appropriate' to defend an economic expansion th...
19:34, 07/10/2019

Fed's Powell says trade, global growth concerns continue to weigh on U.S. economy Concerns about trade policy and a weak global economy "continue to weigh on the U.S. economic outlook" and the Federal Reserve stands ready to "act as appropriate" to sustain a decade-long expansion, ...
16:34, 07/10/2019

UPDATE 2-Facebook currency project 'cannot go forward' until concerns addressed -Powell U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns were addressed, piling further pr...
19:51, 07/10/2019

JGB yields track Treasuries lower as Powell raises rate-cut hopes The benchmark 10-year Japanese government bond futures climbed on Thursday, after U.S. Federal Reserve Chairman Jerome Powell reinforced prospects for an interest rate cut later this month....
09:17, 07/11/2019

UPDATE 4-Fed's Powell bolsters rate cut view on trade, global growth concerns Federal Reserve Chairman Jerome Powell on Wednesday set the stage for the first U.S. interest rate cut in a decade later this month, pledging to 'act as appropriate' to defend an economic expansion th...
19:51, 07/10/2019

Facebook's Libra cryptocurrency stirs criticism, privacy concerns US lawmakers have grilled Facebook on its ambitious plan to create a financial ecosystem based on a digital currency called Libra. The project is viewed with skepticism in many countries, including Ge...
23:17, 07/16/2019

Facebook reveals Libra cryptocurrency, sparking new privacy concerns Facebook Inc announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns....
22:34, 06/18/2019

Facebook official says regulatory concerns to be addressed before Libra launch Facebook Inc's top official overseeing the launch of its Libra cryptocurrency plans to tell U.S. lawmakers the company will not launch the digital currency until regulatory concerns and approvals are...
18:17, 07/15/2019

Facebook’s Libra cryptocurrency faces privacy concerns and political backlash Facebook announced a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns.Read More...
11:51, 06/19/2019

World finance leaders raise ‘serious regulatory’ concerns over Facebook’s Libra The chairman's concluding summary from the G-7 meeting in Chantilly, France, says the officials agreed that so-called stablecoins - cryptocurrencies pegged to real currencies - will have to meet "the ...
14:17, 07/18/2019

Facebook's Marcus says regulatory concerns to be "fully addressed" before Libra launch Facebook's top official overseeing the launch of its Libra cryptocurrency plans to tell U.S. lawmakers the company does not plan to launch the digital currency until regulatory concerns and approvals ...
18:51, 07/15/2019

Halt Libra Project Until Concerns Addressed: Federal Chief To Facebook US Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns are addressed, comments that......
23:17, 07/10/2019

UPDATE 1-Facebook official says regulatory concerns to be addressed before Libra launch Facebook Inc's top official overseeing the launch of its Libra cryptocurrency plans to tell U.S. lawmakers the company will not launch the digital currency until regulatory concerns and approvals are ...
18:51, 07/15/2019

Facebook's Libra Project Is Getting Hammered From All Sides, With Fed Chair Raising 'Serious Concerns' Facebook’s already-troubled Libra cryptocurrency project, which has already run into significant opposition among the U.S. House Committee on Financial Services and the Senate Banking Committee, is ru...
08:51, 07/11/2019

Fed chief calls for Facebook to halt Libra project until concerns addressed U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns are addressed, comments that pre...
22:34, 07/10/2019

Team Trump raises concerns of fundraising war A fight has broken out over two new Republican fundraising sites built to take advantage of GOP support for President Trump and down-ticket candidates and provide the party with platforms that can com...
20:34, 07/09/2019

International community raises concerns over possible U.S.-Iran escalation International worries flared into the open Tuesday that the Trump administration is sliding toward war with Tehran amid skepticism about its claims that Iran poses a growing threat to the U.S. and its...
06:34, 05/15/2019

US ambassador raises concerns during rare Tibet visit BEIJING (AP) — The U.S. ambassador to China urged Beijing to engage in substantive dialogue with exiled Tibetan Buddhist leader the Dalai Lama during a visit to the Himalayan region over the past week...
13:51, 05/25/2019

Wealthy donation to state raises concerns about transparency HARTFORD, Conn. (AP) — Open government advocates and experts on philanthropic donations are questioning the decision to exempt a new partnership between the state of Connecticut and a private foundati...
20:34, 06/27/2019

Far-right sticker in German police car raises racism concerns Police in the city of Duisburg have received complaints over an Identitarian movement sticker seen in one of their cars. The extremist group espouses a white nationalist ideology....
16:17, 05/02/2019

Government Raises Concerns Over Rising Oil Prices With Saudi Arabia Mr Pradhan told Khalid al-Falih by telephone that he wanted Saudi Arabia to play an active role within OPEC and OPEC+ to keep oil prices at a reasonable level....
22:34, 06/22/2019

Newron delays schizophrenia drug trial after FDA raises concerns Swiss-listed drugmaker Newron must delay a trial of its prospective schizophrenia medicine evenamide after the U.S. Food and Drug Administration raised concerns about central nervous system (CNS) even...
16:00, 05/28/2019

Facebook digital currency plan raises 'serious concerns' -Fed chief U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra raises "serious concerns" that merit a thorough regulatory review....
17:17, 07/10/2019

Japan 'pet cafe' boom raises concerns about animal welfare A love of "cute" creatures, a need to release stress and a shortage of space for pets at home mean that Japan's pet cafes are doing a roaring trade – although animal rights activists continue to oppos...
20:00, 05/21/2019

Italy hits back after EU raises concerns over Rome's growing deficit The spat between Italy and the European Commission has resurfaced after the Italian government slammed the Brussels-based institution's economic forecasts as "ungenerous" and "bogus."...
08:51, 05/08/2019

Transfer of U.S.-Canada border agents raises concerns of delayed crossings U.S. Customs and Border Protection says 731 northern border agents from land, sea and airports are in the process of being sent to the U.S.-Mexico border...
02:17, 05/13/2019

Consumer Reports says Tesla's latest autopilot fix raises 'serious safety concerns' Tesla's latest version of its Navigate on Autopilot feature could be a potential safety risk for drivers as it requires substantial human intervention, according to findings by Consumer Reports....
19:17, 05/22/2019

Congress Raises Concerns Over Handling Of EVMs In North East Delhi The Congress has expressed concern over the way electronic voting machines (EVMs) were transported to strongroom in Nand Nagari in the North East Delhi Lok Sabha constituency after voting on Sunday......
21:34, 05/13/2019

UPDATE 1-Australia's antitrust regulator raises concerns over Landmark-Ruralco deal Australia's competition regulator said on Thursday it was examining whether a proposed takeover of Ruralco Holdings Ltd could reduce wholesale competition and lead to discrimination against some indep...
08:00, 06/13/2019

Sarepta surges after Pfizer gene therapy data raises safety concerns Shares of Sarepta Therapeutics Inc surged 15% on Friday after some safety concerns were raised in a small, early-stage study of a competing gene therapy for a rare muscle-wasting disorder from Pfizer...
21:51, 06/28/2019

FaceApp adds decades to your age for fun, but the popular Russian-owned app raises privacy concerns Drake, LeBron James and other celebrities have helped extend the future-self craze on social media. But even if you delete content from the app, FaceApp can still store and use it, according to its pr...
00:51, 07/18/2019

What Happens When the Feds Can't Be Wrong? When you write the rules, you’re never the bad guy. That’s been the U.S. government’s guiding mantra since its inception when it comes to exploiting natural resources for profit. Be it the treaty-brea...
02:00, 06/05/2019

Trump on Fed's Powell: 'You can't win 'em all' U.S. President Donald Trump on Thursday kept up the pressure on Federal Reserve Chairman Jerome Powell to cut interest rates, a day after U.S. central bankers signaled they would likely do so later th...
00:17, 06/21/2019

Nxivm was all about sex — why else was there a sex toy dungeon?: feds If the Nxivm cult wasn’t about sex, then why was its leader building a dungeon featuring cages, rubber-spiked paddles and “puppy trainer’’ dog collars to use on female members? a Brooklyn prosecutor s...
23:17, 06/18/2019

Trump on demoting Fed's Powell: 'Let's see what he does' President Donald Trump on Tuesday kept up the pressure on the head of the Federal Reserve following a report that lawyers at the White House earlier this year explored the legality of stripping Jerome...
21:51, 06/19/2019

Trump pressures Fed's Powell: 'Let's see what he does' President Donald Trump on Tuesday kept up pressure on the head of the Federal Reserve to lower interest rates, following a report that White House lawyers earlier this year explored whether they could...
04:00, 06/19/2019

Roads Flooded In Powell Co. POWELL COUNTY, Ky. (LEX 18)– The National Weather Service is reporting that multiple spots on Highway 11 in Slade have about 6 inches of water going across it. They also report that cars are par...
03:51, 06/07/2019

Feds: Ex-CIA employee waged ‘information war’ against US NEW YORK (AP) — Federal prosecutors say an ex-CIA employee must be kept isolated in prison after claiming he is waging an “information war” against the United States. Prosecutors made the ...
02:00, 06/19/2019

Judges: Feds must act if asked to take a fresh look at pot NEW YORK (AP) — A federal appeals court says the Drug Enforcement Administration must “act promptly” if formally asked to take another look at laws that consider marijuana as dangerous as ...
02:00, 06/01/2019

Feds: Immigration top US crime, one-third of all sentencings Immigration crime, virtually all involving illegal male, Hispanic immigrants, was the top offense in federal courts last year, according to the United States Sentencing Commission....
17:34, 05/13/2019

For Fed's Powell, a gap with markets and Trump may need explaining Bond investors expect an aggressive set of U.S. interest rate cuts this year, and a voluble president pines for the “old days” when his predecessors bullied central bankers to get their way....
14:51, 06/18/2019

Fed's Powell commits to 'act as appropriate' to defend U.S. economy U.S. Federal Reserve Chairman Jerome Powell said on Tuesday the central bank will "act as appropriate" in response to risks posed by a trade war, remarks that may open the door to the possibility of a...
17:34, 06/04/2019

Powell: unemployment, inflation relationship gone Federal Reserve Chairman Jerome Powell said Wednesday before the Senate Banking Committee that very low unemployment rates no longer necessarily push up inflation. (July 11)     &...
20:51, 07/11/2019

Powell: Fed will act 'as appropriate' in face of trade, other risks The Federal Reserve will respond "as appropriate" to the risks posed by a global trade war and other recent developments, Fed Chairman Jerome Powell said on Tuesday in remarks that seemed to open the ...
17:34, 06/04/2019

U.S. Treasurys Slide After Powell Comments U.S. government-bond prices fell, as investors reassessed the balance of risks to the economy after Fed Chairman Jerome Powell said policy makers “will act as appropriate to sustain the expansion.”...
17:51, 06/04/2019

Powell Says Fed Won't Bend to Political Pressure Fed Chairman Jerome Powell pushed back against President Trump’s demands for lower interest rates—citing the central bank’s independence—while explaining why it might nevertheless cut interest rates s...
12:51, 06/26/2019

Powell Co. Road Reopens After Mudslide POWELL COUNTY, Ky. (LEX 18)– An early morning mudslide destroyed a Powell County woman’s home Monday. The mudslide collapsed on her Northbend Road home. The elderly woman was rescued, but ...
04:17, 06/22/2019

Trump Slams Fed's Powell, Saying 'We Should Have Draghi Instead' President Trump criticized the Federal Reserve’s Jerome Powell, comparing him unfavorably with European Central Bank President Mario Draghi and saying that the U.S. is no longer on a level playing fie...
17:00, 06/26/2019

Dollar Choppy After Powell Remarks The dollar was little changed in choppy trading Tuesday after Federal Reserve Chairman Jerome Powell said the central bank was monitoring trade developments and would respond as necessary....
20:17, 06/04/2019

U.S. stocks surge on comment by Fed's Powell Wall Street's three major indexes clocked their biggest one-day gains in five months on Tuesday after Federal Reserve Chair Jerome Powell left the door open for a possible rate cut....
22:17, 06/04/2019

Feds say they have ‘devastating evidence’ against Jeffrey Epstein The feds have “devastating evidence” against Jeffrey Epstein that includes notes and messages seized from his Manhattan townhouse that corroborate the claims of women who allege he sexuall...
21:34, 07/08/2019

Feds say Joaquin ‘El Chapo’ Guzman owes U.S. $12B No more planes, personal zoos, or tiny trains for convicted cartel kingpin Joaquin “El Chapo” Guzman if the feds have their way. Federal prosecutors in Brooklyn Friday said they are seekin...
00:34, 07/06/2019

Would-be 'hit-plot' victim: Feds had me pretend to be dead The estranged husband of a New York City police officer accused of trying to have him killed says he found out about the alleged plot from federal authorities who told him to fake his own death....
16:51, 05/22/2019

Would-be ‘hit-plot’ victim: Feds had me pretend to be dead NEW YORK (AP) — The estranged husband of a New York City police officer accused of trying to have him killed says he found out about the alleged plot from federal authorities who told him to fake his ...
15:00, 05/22/2019

Mobster’s son behind dad’s murder at McDonald’s drive-thru: feds A wiseguy’s son had him whacked in a McDonald’s drive-thru in the Bronx — and was behind the botched hit on his own brother, federal authorities in Brooklyn said Tuesday. Anthony Zottola S...
23:17, 06/18/2019

Feds seize $3.8M worth of drugs at border TUCSON – Federal authorities say they seized nearly 268 pounds of narcotics in three recent seizures at the U.S.-Mexico border. Last Thursday morning, Customs and Border Protection officers say they s...
13:00, 05/02/2019

R. Kelly Ex-Staffers Hand Over 20 Sex Tapes to Feds It appears that R. Kelly’s enablers are having a call of conscious as ex-employees reportedly turned over more that 20 sex tapes to federal authorities....
20:00, 07/13/2019

Feds revive proposal for new oil, gas drilling in California LOS ANGELES (AP) — The federal government wants to reopen over 1.7 million acres (690,000 hectares) in California to oil and gas drilling that includes fracking on land that has been off-limits since ...
03:34, 05/10/2019

Feds Rule That One Company’s Gig Workers Are Contractors The Department of Labor says workers for one company are sufficiently independent to be considered contractors, in a move that could ripple across the gig economy....
03:17, 04/30/2019

Powell says Fed is wrestling with whether to cut rates, insulated from politics Federal Reserve Chairman Jerome Powell on Tuesday said the U.S. central bank is "insulated from short-term political pressures," as policymakers wrestle with whether to cut rates as President Donald T...
20:34, 06/25/2019

Trump criticises Fed chairman Powell for trying to be ‘tough’ US president adds to his attacks on central bank, accusing it of ‘insane’ policyDonald Trump has launched an extraordinary attack on the Federal Reserve chairman, Jerome Powell, adding to a barrage of...
00:34, 06/27/2019

UPDATE 3-Trump says he can fire Fed's Powell; it's not that simple U.S. President Donald Trump accused Federal Reserve Chairman Jerome Powell on Wednesday of doing a "bad job" and "out to prove how tough he is," but any move to oust him would likely touch off a legal...
21:00, 06/26/2019

European shares lower after comments from Fed's Powell; VW up 2.5% European stocks followed their U.S. counterparts lower on Thursday morning after the Federal Reserve chairman hinted that lower rates may not be in the cards....
10:34, 05/02/2019

Jonathan Powell on UK politics and comparisons with Germany Looking at the state of British politics, where politicians are branded “traitors” and judges called “enemies of the people”, with Tony Blair's former chief of staff....
20:17, 07/12/2019

Fed's Powell Faces Senators After Rate Cut Signal Federal Reserve Chairman Jerome Powell will testify before the Senate Banking Committee after signaling to a House panel that the central bank is ready to cut interest rates later this month....
14:51, 07/11/2019

Fed's Powell, in Trump's crosshairs, gets backing from Congress Federal Reserve Chairman Jerome Powell came to Capitol Hill on Wednesday with two goals: cementing the case for an interest rate cut at the end of this month, and bolstering his own congressional wall...
19:34, 07/10/2019

Asia cautious as everything rides on dovish Powell Asian shares inched ahead on Wednesday while higher Treasury yields lifted the dollar as markets wondered if the world's most powerful central banker would confirm or confound expectations for U.S. po...
03:34, 07/10/2019

Fed is prepared to act to save U.S. economy from trade war, Powell says Calls have escalated in recent days for the central bank to cut interest rates to help boost the economy and counter the negative impacts from trade battles with China and Mexico....
21:34, 06/04/2019

Futures slip ahead of Powell's testimony U.S. stock futures fell on Wednesday, as investors eyed Federal Reserve Chairman Jerome Powell's remarks later in the day for clues on the central bank's interest rate policy direction....
14:17, 07/10/2019

Trump says he never threatened to demote Fed Chairman Powell "I'd be able to do that if I wanted, but I haven't suggested that," Trump said in an interview with NBC's "Meet The Press" that aired Sunday....
16:51, 06/23/2019

Jets agree to terms with RB Bilal Powell NEW YORK (AP) — The Jets have agreed to terms with Bilal Powell, bringing back the franchise’s 10th-leading rusher after a neck injury cut short his season last year. The 30-year-old Powell work...
03:51, 06/08/2019

Trump says did not threaten to demote Fed's Powell: NBC interview U.S. President Donald Trump said on Sunday on NBC's 'Meet the Press' news program that he did not threaten to demote Federal Reserve Chairman Jerome Powell....
17:00, 06/23/2019

Powell Says Fed Must Pay Greater Attention to Global Developments Federal Reserve Chairman Jerome Powell highlighted the growing importance of global developments in monetary policy—a reflection of how slowing growth abroad has likely set the stage for the U.S. cent...
20:51, 07/16/2019

Fed chair Jerome Powell is just saying what Trump wants to hear You have to admire Donald Trump. Not only did he win the presidency of the US against long odds, but also now he’s moonlighting as the unofficial chairman of the Federal Reserve. President Trump didn’...
08:34, 07/11/2019

Powell says economy facing growing uncertainties WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says the economic outlook has become cloudier since early May, with rising uncertainties over trade and global growth causing the central bank ...
20:17, 06/25/2019

Our Forecast Anticipated the S&P 500 Rally: The "Powell Effect" Came LATER The "Powell Effect" supposedly led to the S&P 500 rally that began on June 4th. Yet a simple timeline shows you the facts about what came first. This Chart of the Day also shows you what a real foreca...
20:34, 06/06/2019

Feds seek to end retaliation settlement involving Arpaio PHOENIX (AP) – The U.S. Department of Justice is seeking to end a settlement in a lawsuit that alleged then-Sheriff Joe Arpaio had a pattern of retaliating against his critics. Lawyers for the J...
02:34, 05/11/2019

APNewsBreak: Feds limited in prosecution of juvenile terror WASHINGTON (AP) — The Justice Department’s ability to charge minors for supporting terrorist groups has been hampered by a 2018 Supreme Court decision. The ruling has forced federal prosecutors ...
08:51, 05/07/2019

Feds confirm ‘Ice Bae’ is a CBP officer, is free to use social media The US Customs and Border Protection agency has confirmed #IceBae’s status as a CBP officer, telling The Post in an email that it has no problem whatsoever with her newfound fame — and tha...
08:34, 07/17/2019

Feds allocate $10M to combat violence in rural Alaska WASHINGTON (AP) — Attorney General William Barr has declared a law enforcement emergency in Alaska, clearing the way for the Justice Department to award more than $10 million to combat crime in rural ...
19:34, 06/28/2019

Feds slap sanctions on son of Venezuela’s Nicolás Maduro The US on Friday slapped sanctions on Venezuelan strongman Nicolás Maduro’s son to ratchet up pressure on relatives of top officials backing the socialist leader. The Treasury Department froze any ass...
03:51, 06/29/2019

Trial begins for man feds say was Hezbollah ‘sleeper’ agent A Bronx man who is accused of working as a deep-cover “sleeper” agent for Hezbollah — appearing to lead an otherwise normal life while secretly conducting surveillance on New York City-area airports a...
01:17, 05/08/2019

Feds: Rep. Duncan Hunter used campaign cash for affairs LOS ANGELES (AP) — Federal prosecutors say U.S. Rep. Duncan Hunter of California illegally used campaign funds to finance romantic flings with a series of women, spending thousands of dollars on meals...
21:34, 06/25/2019

Feds: US Supreme Court should turn down ‘Bridgegate’ appeal NEWARK, N.J. (AP) — The U.S. solicitor general’s office has recommended that the U.S. Supreme Court not hear the appeal of two convicted defendants in the “Bridgegate” case. Bridget ...
15:51, 05/16/2019

Trump’s lavish inauguration spending eyeballed by the feds Federal prosecutors in Manhattan are poring over tens of thousands of documents related to President Trump’s inauguration in a sign that the investigation into the committee’s finances was moving forw...
22:34, 05/20/2019

Feds want stolen Alexander Hamilton letter returned BOSTON (AP) — A 1780 letter from Alexander Hamilton to the Marquis de Lafayette stolen from the Massachusetts Archives decades ago has been found and now an effort is underway to get it back. The U.S....
18:51, 05/17/2019

Feds: 97% of illegal immigrants ordered out in February are in hiding Fed up with thousands of illegal immigrants thumbing their noses at court orders to leave the country, the Trump administration is ramping up warnings that their time is up....
16:00, 06/21/2019

New Jersey drug ring had a ‘drive-through window’: feds Authorities have busted 25 people — several connected to the Bloods — for running a massive drug ring in New Jersey where they allegedly pedaled heroin and crack out of a “fast-food-style drive-...
23:17, 06/18/2019

Feds: Indicted drug agent duped DEA into hiring him NEW YORK (AP) — Prosecutors say a federal narcotics officer joined the U.S. Drug Enforcement Administration to help the leader of a murderous Puerto Rican drug ring become “unstoppable.” T...
20:00, 06/14/2019

Feds sue WV governor’s coal companies over safety violations CHARLESTON, W.Va. (AP) — The U.S. government sued nearly two dozen of West Virginia Gov. Jim Justice’s coal companies Tuesday to get them to pay about $4.8 million in unpaid mine safety fines. T...
00:34, 05/08/2019

Feds apprehend over 1,000 asylum seekers at Texas border More than 1,000 migrants were taken into custody after illegally crossing the border near El Paso, Texas, early Wednesday, according to a new report. The group of 1,036 was the largest encountered by ...
02:51, 05/31/2019

Feds look to clamp down on guns ‘designed to hunt people’ A statement from Bill Blair's office says no options have been ruled out as the government weighs new measures against assault-style rifles and handguns....
01:34, 05/31/2019

The Latest: Avenatti says he expects feds to charge R. Kelly CHICAGO (AP) — The Latest on the sexual abuse case against R&B singer R. Kelly (all times local): 4:45 p.m. Attorney Michael Avenatti says he expects R&B singer R. Kelly to face “serious federal...
00:17, 05/31/2019

Feds had camera outside cartoon-contest attackers' apartment A new court filing says the FBI installed a camera outside the Phoenix apartment of two Islamic State followers in 2015 before they drove to suburban Dallas to carry out an attack at a Prophet Muhamma...
19:51, 04/30/2019

Feds commit $2.8M to project tackling workplace harassment The money will go to fund Roadmap to Future Workplaces, a project that will provide training on legal rights and help create plans to reform company policies that enable workplace sexual harassment....
04:51, 07/06/2019

Wall Street touches new highs after comments by Fed's Powell U.S. stocks ended higher and the S&P 500 index briefly crossed the 3,000-point mark for the first time on Wednesday as remarks by Federal Reserve Chairman Jerome Powell reassured investors about the p...
00:17, 07/11/2019

Trump denies he threatened to demote Fed chairman Powell President Trump denied​ that he threatened to demote Federal Reserve Chairman Jerome Powell even though he says he has the right to do so. ​​”I didn’t ever threaten to demote him​,” ...
06:34, 06/24/2019

Fed to hold Facebook's crypto coin to 'high' bar: Powell The U.S. Federal Reserve is looking carefully at Facebook's planned cryptocurrency Libra, and will hold it to high standards regarding protecting consumers and regulation, Federal Reserve Chairman Jer...
00:17, 06/26/2019

US Treasury yields lower ahead of Powell's speech U.S. government debt prices were higher Tuesday morning, as traders prepare to hear from Federal Reserve chief Jerome Powell and monitor fresh sanctions on Iran....
11:00, 06/25/2019

Fed's Powell affirms rate cut view; others see U.S. economy humming As Federal Reserve Chair Jerome Powell kept the focus Thursday on global risks that could trigger a Fed rate cut in coming weeks, his colleagues from regional Fed districts painted a rosier picture of...
04:34, 07/12/2019

Instant View - Fed will respond 'as appropriate' to risks like trade war: Powell The Federal Reserve will respond "as appropriate" to the risks posed by a global trade war and other recent developments, Fed Chairman Jerome Powell said on Tuesday in remarks that seemed to open the ...
17:34, 06/04/2019

Powell Suggests Fed Could Cut Rates If Trade Spat Escalates Federal Reserve Chairman Jerome Powell said the central bank is closely monitoring the recent escalation in trade tensions and that it would respond if needed to keep the economy growing steadily....
19:34, 06/04/2019

Man Accidentally Shoots Self Inside Of Powell County Restaurant POWELL COUNTY, Ky. (LEX 18) – Stanton Police are investigating an accidental shooting inside of a restaurant on Sunday afternoon. Officers were called just after noon to the China Wok in Stanton...
23:00, 06/30/2019

S&P 500 hits 3,000 as Powell's comment lifts rate cut hopes The benchmark S&P 500 breached the 3,000 points mark for the first time on Wednesday, as hopes of an interest rate cut later this month were lifted by Federal Reserve chief Jerome Powell's comment tha...
16:34, 07/10/2019

Sources: Mavs expect to sign Powell to $33M deal The Dallas Mavericks expect to agree to a three-year, $33 million contract extension with center Dwight Powell in the opening stages of free agency Sunday evening, sources confirmed to ESPN....
19:34, 06/30/2019

Powell says Fed insulated from politics, wrestling with rate cuts Federal Reserve Chairman Jerome Powell on Tuesday said the U.S. central bank is "insulated from short-term political pressures," and that its policymakers are wrestling with whether to cut interest ra...
22:51, 06/25/2019

Powell says Fed won’t buckle to pressure from Trump on rate cuts The Federal Reserve won’t be handing President Trump his rate cuts on a silver platter. Fed officials acknowledged on Tuesday that weakening economic conditions may merit lowering interest rates in th...
03:17, 06/26/2019

Wall St. hits record on Powell's comments; S&P 500 crosses 3,000 The benchmark S&P 500 briefly crossed the 3,000 points mark for the first time on Wednesday after dovish remarks from Federal Reserve Chairman Jerome Powell bolstered the case for an interest rate cut...
19:34, 07/10/2019

Powell testimony, Fed meeting highlight case for 'insurance' A confidence shock driven partly by the U.S. trade war is at the center of an increasingly persuasive argument for Federal Reserve policymakers seriously considering cutting rates for the first time i...
00:17, 07/11/2019

Trump believes he has authority to demote Fed's Powell: Bloomberg U.S. President Donald Trump believes that he has the authority to replace Federal Reserve Chair Jerome Powell and demote him to be a board governor, but is not planning to do so presently, Bloomberg r...
03:17, 06/20/2019

Crews Respond To Fatal Crash In Powell County STANTON, Ky. (LEX 18) – Crews are working to clear the scene of a fatality crash in Powell County. The crash occurred on KY 213 near milemarker 8. The roadway will be shut down for an extended p...
20:34, 06/19/2019

Don’t dismiss Bilal Powell in crowded Jets backfield As the Jets get close to training camp, I am going to examine the roster and give you my top 25 players. Each weekday, we will reveal another person on the list, leading right into camp. I am not incl...
17:51, 06/19/2019

Jerome Powell signals that interest rate cut could be coming soon Chairman Jerome Powell signaled Wednesday that the Federal Reserve is likely to cut interest rates late this month for the first time in a decade in light of a weakening global economy and rising trad...
20:34, 07/10/2019

Powell says he sees ‘moderate’ risk from corporate debt WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says a sharp rise in corporate debt is being closely monitored but currently the Fed does not see the types of threats that triggered the 2008 ...
01:51, 05/21/2019

Bilal Powell gets chance to impress Jets in workout A very different Jets backfield could be welcoming back a familiar face. The Jets are working out running back Bilal Powell on Friday, a source told The Post’s Brian Costello. Powell, 30, suffer...
22:00, 06/07/2019

Trump Dealt the Fed a Losing Hand. Now It’s Powell’s Play. The Fed may create political waves no matter what it does with rates at its meeting this month. The central bank’s thinking will be clearer this week....
18:34, 07/09/2019

Powell says Fed stands ready to respond to trade conflicts WASHINGTON (AP) — Chairman Jerome Powell says the Federal Reserve is prepared to respond to the Trump administration’s trade conflicts to protect the U.S. economic expansion if it decides that w...
17:51, 06/04/2019

White House considered demoting Fed's Powell: report Lawyers at the White House earlier this year explored the legality of stripping Jerome Powell of his Federal Reserve chairmanship and demoting him to be just one of as many as seven governors of the U...
23:17, 06/18/2019

Feds to test North Carolina election computers for hacking RALEIGH, N.C. (AP) — More than two years after a 2016 Election Day technical failure, federal computer sleuths will scour North Carolina polling equipment supplied by a company targeted by Russian mil...
19:17, 06/05/2019

Judge blasts feds for delays on Jamal Khashoggi documents A federal judge in Manhattan on Tuesday scolded government attorneys for persistent delays in handing over documents related to the December killing of Washington Post columnist Jamal Khashoggi. Distr...
04:51, 06/05/2019

Feds seek portion of Oklahoma’s $270M opioid settlement OKLAHOMA CITY (AP) — The federal government is seeking a portion of Oklahoma’s $270 million settlement with Purdue Pharma that stemmed from the state’s ongoing lawsuit against opioid drug ...
19:34, 06/27/2019

Carpenters union bigs took bribes in membership scheme: feds Top union brass for the Brooklyn and Manhattan chapters of the United Brotherhood of Carpenters were hauled into court Wednesday on charges that they ran a membership scheme in which they took $1,500 ...
23:34, 07/10/2019

Feds to finally examine 2016 NC poll books for hacking RALEIGH, N.C. (AP) — More than two years after voter check-in software failed on Election Day in a North Carolina county, federal authorities will conduct a forensic analysis of electronic poll books ...
21:00, 06/06/2019

Feds find diamonds, fake passport at Epstein’s townhouse The feds found dozens of diamonds, piles of cash and a fake passport with Jeffrey Epstein’s photo stashed in a safe at the convicted pedophile’s Upper East Side townhouse, they said Monday. Pros...
01:00, 07/16/2019

Feds looking to talk to Jeffrey Epstein victims before plea deal Federal prosecutors are looking to talk to victims of billionaire pedophile Jeffrey Epstein before deciding whether to toss his 2008 plea deal. The Justice Department is investigating the plea deal th...
18:51, 05/11/2019

Feds list Paul Manafort’s SoHo ‘Airbnb’ loft for $3.66M While former Trump campaign manager Paul Manafort rests his head in a federal prison in Pennsylvania — or, possibly within the next few weeks, the jail complex on Rikers Island — apartment...
01:51, 06/07/2019

Eric Garner’s family to meet with feds before deadline for charges Several of Eric Garner’s family members will meet with federal prosecutors from the Eastern District of New York on Tuesday — a day before the deadline closes for some civil rights charges to be...
05:17, 07/16/2019

Feds: Man aided Hamas, threatened to kill Israel supporters Federal authorities say a man sought to aid a terrorist organization and threatened to "shoot everybody" at a pro-Israel march and bomb Trump Tower in New York....
20:34, 05/22/2019

Trump: Feds working on holiday to add census citizenship question President Trump on Thursday said his administration is working “very hard” on Independence Day to try to find a way to include a US citizenship question on the 2020 Census. “So important for our Count...
21:00, 07/04/2019

Feds say New Jersey man posted that he wanted to 'bomb Trump Tower' A man facing charges for supporting Hamas and making threats online said he wanted to "bomb Trump Tower" after visiting President Donald Trump's signature property, federal law enforcement authorities...
00:34, 05/23/2019

The Latest: Senators press feds on response to Native safety ALBUQUERQUE, N.M. (AP) — The Latest on federal legislation aimed at addressing violence against Native American women (all times local): 4 p.m. Lawmakers are pressing the Trump administration to respo...
02:51, 06/20/2019

Feds insist Epstein won’t dodge prosecution over alleged sex trafficking The feds insist there’s nothing to prevent their prosecution of convicted pedophile Jeffrey Esptein — even though he cut a sweetheart deal over similar allegations in Florida in 2008. In court papers,...
08:00, 07/09/2019

Cartels thrive in New Mexico county after feds shut down checkpoints ALAMOGORDO, NM — In this sprawling desert city in the shadow of the Sacramento Mountains, local officials are fed up with the border crisis — and have gone rogue. Otero County last month became the fi...
07:00, 05/06/2019

DeVos used personal emails for work in 'limited' cases, say Feds An internal Education Department watchdog says Secretary Betsy DeVos has sometimes used personal email accounts for government business and did not always save the messages properly....
23:51, 05/20/2019

Betsy DeVos used personal email for government business: Feds In total, investigators said they identified six emails sent by DeVos on private accounts, including five that involved official agency business. The inquiry concluded that there was no evidence of "a...
22:34, 05/20/2019

Feds block SALT workarounds that high-tax states favored The feds blocked a move by blue states to craft a workaround to the Tax Cuts and Jobs Act limiting state and local tax deductions, saying receipt of a SALT credit in return for making such a contribut...
19:34, 06/12/2019

Michael Smerconish calls out ‘the feds’ for damaging Epstein’s door Radio host Michael Smerconish went on a bizarre tangent on his SiriusXM show Tuesday as he sparred with callers over whether feds should’ve called a locksmith before they raided Jeffrey Epstein&...
04:51, 07/10/2019

Feds asking Quebec, New Brunswick to send proposals to get money for flood help So far, the government has committed almost $792.7 million for 18 projects, all aimed at dealing with flooding, although none are in Quebec or New Brunswick....
15:17, 05/01/2019

Trump denies 'ever threatening to demote’ Fed chairman Jerome Powell President says ‘I’d be able to do that if I wanted but I haven’t suggested that’ when asked if he had considered such a moveDonald Trump has denied threatening to demote Jerome Powell, the chair of th...
02:51, 06/24/2019

Asia stocks slip as Fed's Powell tempers rate cut expectations Stocks in Asia were tepid on Wednesday afternoon after U.S. Federal Reserve Chairman Jerome Powell tempered expectations for a potential interest rate cut....
07:17, 06/26/2019

‘Siren’ star Eline Powell dishes on all things mermaid Freeform show “Siren,” which follows a small coastal town beset by dangerous mermaids, is now in its second season (Thursdays at 8 p.m.) Star Eline Powell who plays central mermaid Ryn, will be in Sat...
00:17, 06/22/2019

Fed's Powell Warns of Economic Risks From Rising Business Debt Federal Reserve Chairman Jerome Powell said financial regulators must take seriously potential dangers that rising levels of business debt pose to the U.S. economy but said some comparisons to last de...
05:34, 05/21/2019

Myles Powell will be back, setting up Seton Hall dream Go ahead, Seton Hall fans. Dream of a monster season — Myles Powell is returning for his senior year. The Pirates now have the pieces for a throwback campaign in South Orange, reminiscent of the P.J. ...
01:51, 05/30/2019

W Series Zolder: Chadwick beats Visser and Powell to take pole Jamie Chadwick secured her second consecutive W Series pole by finishing ahead of Beitske Visser and Alice Powell with a time of 1m28.681 seconds in qualifying at Zolder...
15:17, 05/18/2019

Markets Rally as Powell Suggests Fed Could Cut Rates if Economy Weakens Jerome H. Powell, the Federal Reserve chairman, said the central bank was “closely monitoring” trade and “as always, we will act as appropriate” to sustain the expansion....
22:51, 06/04/2019

GLOBAL MARKETS-Asia cautious as everything rides on dovish Powell Asian shares inched ahead on Wednesday while higher Treasury yields lifted the dollar as markets wondered if the world's most powerful central banker would confirm or confound expectations for U.S. po...
06:17, 07/10/2019

Fed's Powell Says Stress Tests Must Evolve to Avoid Bank Complacency Federal Reserve Chairman Jerome Powell said stress tests of the nation’s largest banks must adapt and keep firms on their toes, or the annual exam could fail to prepare the financial system for the ne...
15:51, 07/09/2019

WRAPUP 2-Powell testimony, Fed meeting highlight case for 'insurance' A confidence shock driven partly by the U.S. trade war is at the center of an increasingly persuasive argument for Federal Reserve policymakers seriously considering cutting rates for the first time i...
01:34, 07/11/2019

Fed Chair Powell's job is safe 'at the present time,' Larry Kudlow says The Trump administration is making "no effort" to remove the Fed's Jerome Powell, top White House economic advisor Larry Kudlow said on Tuesday....
17:00, 07/09/2019

UPDATE 1-Powell does not veer from signal that rate cuts are coming Federal Reserve Chair Jerome Powell indicated again on Thursday that an interest rate cut from the U.S. central bank is likely at its next meeting later this month as businesses slow investment due to...
21:17, 07/11/2019

World stocks fall, dollar gains on Powell comments Global equities lost ground on Wednesday, snapping a three-day winning streak after the U.S. Federal Reserve held rates steady as expected but comments from Fed Chairman Jerome Powell cast doubt on wh...
01:51, 05/02/2019

Asia markets rise as Fed's Powell hints at rate cut ahead Stocks in Asia edged up on Thursday after U.S. Federal Reserve Chairman Jerome Powell signaled overnight that the U.S. central bank could be cutting interest rates soon....
03:34, 07/11/2019

Powell Says Outlook Hasn't Improved, Setting Stage for Rate Cut Federal Reserve Chairman Jerome Powell said Wednesday the economic outlook hasn’t improved in recent weeks, an indication the central bank could be prepared to cut its benchmark short-term rate when o...
15:17, 07/10/2019

Instant view: Powell - Fed stands ready to act "as appropriate" to sustain expansion Concerns about trade policy and a weak global economy "continue to weigh on the U.S. economic outlook" and the Federal Reserve stands ready to "act as appropriate" to sustain a decade-long expansion, ...
16:34, 07/10/2019

Report: Dallas, Powell to agree to three-year, $33 million deal The Dallas Mavericks are expected to come to terms with big man Dwight Powell on a three-year, $33 million contract extension soon after free agency begins Sunday night, according to multiple reports....
03:17, 07/01/2019

Asia stocks mostly higher as investors await Powell's testimony Stocks in Asia mostly edged up on Wednesday as investors awaited comments from U.S. Federal Reserve Chairman Jerome Powell for possible clues on the central bank's next move on interest rates....
04:00, 07/11/2019

Fed chief Powell says the economic impact of the opioid crisis is 'quite substantial' "An extraordinary number of people are taking opioids in one form or another," says Powell, during testimony before the House Financial Services Committee....
19:34, 07/10/2019

Fed chief Jerome Powell hints at possible rate cut at next policy meeting Federal Reserve Chairman Jerome Powell on Wednesday began the first of two days of testimony in Congress, where he hinted the Fed is eyeing an interest rate cut at its next policy meeting this month....
00:00, 07/11/2019

W Series leaders Chadwick and Powell troubled by gearbox issue W Series race winner Jamie Chadwick and runner-up Alice Powell both say they struggled with a gearbox problem when downshifting in the opening race of the season at Hockenheim...
17:17, 05/05/2019

Fed Chair Powell Signals Rate Cut as Economic Risks Loom Jerome H. Powell sent stock markets higher with comments that trade tensions and global economic issues continue to weigh on the United States economy....
00:51, 07/11/2019

Powell assails gold standard supported by Trump Fed nominee Federal Reserve Chairman Jerome Powell on Wednesday rejected the idea of returning the United States to the gold standard even as he asserted that his remarks should not be seen as criticism of a prop...
00:17, 07/11/2019

Fed’s Powell says trade, slow growth ‘weigh’ on US economic outlook Concerns about trade policy and a weak global economy “continue to weigh on the US economic outlook” and the Federal Reserve stands ready to “act as appropriate” to sustain a decade-long expansion, Fe...
20:00, 07/10/2019

Feds to investigate spike in gray whale deaths on West Coast _____ SEATTLE (AP) — U.S. scientists said Friday they will investigate why an unusual number of gray whales are washing up dead on West Coast beaches. About 70 whales have been found dead so far this ...
21:17, 06/01/2019

Calgary announcement sees feds pledge $24.5M to fund cannabis use research Minister Bill Blair announced funding for Canada-based research into cannabis use, research into the impact of legalized cannabis on public health and public awareness projects....
03:51, 05/23/2019

Feds’ ID verification letters frighten eateries, hotels that hire immigrants The hospitality industry is rattled over a fresh wave of letters from the feds demanding the verification of employees’ Social Security numbers, The Post has learned. After a seven-year hiatus, the So...
05:51, 05/16/2019

Jeffrey Epstein spent $350K to ‘influence’ potential witnesses: feds Millionaire convicted pedophile Jeffrey Epstein has already tried to buy the silence of two potential witnesses against him, Manhattan prosecutors charged Friday. The former hedge-fund manager — who w...
03:51, 07/13/2019

Trump ‘dossier’ author Christopher Steele was grilled by feds: report Federal investigators exploring the start of the Russia probe grilled the author of a controversial “dossier” that alleged election meddling and possible collusion with President Trump’s campaign — an...
23:34, 07/09/2019

Feds bust Disney World worker for trying to lure young girl for sex A Disney World employee was nabbed for trying to lure an 8-year-old girl for sex — after bringing a child-size pink dress and condoms to the “encounter” that was actually set up by an undercover feder...
21:17, 05/24/2019

New York man put SpaceX rockets in jeopardy by forging inspection reports, feds say James Smalley, 41, is accused of forging signatures on inspection reports for parts used by SpaceX.        ...
04:17, 05/23/2019

Feds move to seize Paul Manafort’s Trump Tower condo The U.S. government is about to take a new piece of New York real estate – just a few floors below President Trump’s private home. The Department of Justice moved to take formal possession of the 43rd...
23:17, 05/25/2019

Betsy DeVos Used Personal Emails for Work in ‘Limited’ Cases, Feds Say Education Secretary Betsy DeVos has sometimes used her personal email accounts for government business and has not always properly saved the messages, according to an internal investigation released M...
00:34, 05/21/2019

Feds bust cheating ring that took English test for Chinese nationals William Singer wasn’t running the only college admissions scam in town. The same day his bribery scandal was broken wide open on March 12, the feds also quietly arrested five people in California for ...
05:34, 05/03/2019

Feds say Jeffrey Epstein's suspicious passport — his photo, different name — was used multiple times "The passport contains numerous ingress and egress stamps [from] France, Spain, the United Kingdom, and Saudi Arabia in the 1980s," prosecutors wrote....
03:00, 07/18/2019

Feds announce $8.3M in support for beef industry amid standoff with China Canada's beef industry is getting $8.3 million in federal funds, the bulk of it aimed at growing its international market reach as a trade standoff with China continues....
01:00, 07/11/2019

Chicago bank CEO bribed Manafort for a Trump cabinet post: feds The CEO of the Federal Savings Bank of Chicago, who served as a Trump 2016 campaign economic adviser, abused his power to issue $16 million in loans exchange to then-Trump campaign chairman Paul Manaf...
22:00, 05/23/2019

Feds make arrests in multimillion-dollar fake concert scam Four men — including one with a history of fraud schemes and an ex-con on parole — were busted Wednesday in a multimillion-dollar plot to dupe investors into bankrolling concert tours by R...
13:51, 05/02/2019

Feds send subpoenas to Mar-a-Lago as part of campaign donation probe Federal prosecutors sent subpoenas to Mar-a-Lago and a President Trump fundraising committee as part of their probe into Florida GOP donor Cindy Yang and her companies, a report said Wednesday. The FB...
06:17, 05/30/2019

Updates to the Privacy Act coming as feds announce promised digital charter Innovation Minister Navdeep Bains says the federal government will look to update the Privacy Act as part of an effort to build greater trust in the digital world....
20:51, 05/21/2019

Russia probe critic Gaetz accuses feds of shrugging off threat against him Republican Rep. Matt Gaetz is questioning whether federal prosecutors are applying a double standard by not bringing charges in connection with a graphic threat against him -- and suggesting his criti...
16:51, 07/17/2019

North Dakota: Feds should stop Washington state’s rail rules BISMARCK, N.D. (AP) — North Dakota plans to ask the Trump administration to intervene in a dispute over Washington state’s new safety restrictions on oil shipped by rail. Attorney General Wayne ...
20:17, 06/15/2019

Jeffrey Epstein used fake passport found in safe to travel: feds Prosecutors are pushing back on the claim that accused child sex trafficker Jeffrey Epstein never used a fake passport from the 1980s that lists Saudi Arabia as his residence, alleging in a new filing...
02:17, 07/18/2019

Feds accuse Jho Low, Pras of funneling cash to Obama re-election campaign The feds have slapped new charges against fugitive Malaysian playboy Jho Low — this time for alleged campaign-finance violations connected to President Obama’s 2012 re-election. The latest alleg...
03:00, 05/11/2019

Medicare-for-all proposal is 'stunning', will end private insurance with feds taking over: GOP Congressman Texas GOP Congressman Michael Burgess says the Medicare-for-all policy proposed by Democrats is “absolutely stunning” and will mean the end of private insurance....
19:00, 04/30/2019

Feds launching pilot projects in bid to replace failed Phoenix pay system Treasury Board President Joyce Murray says three companies will develop and test potential human-resources and pay-system pilot projects for federal workers....
02:00, 06/13/2019

Feds probe MTA overtime king Thomas Caputo and other LIRR workers Federal prosecutors in Manhattan have subpoenaed pay records for a recently retired Long Island Rail Road official who has emerged as the MTA reigning overtime king — as well as more than a dozen othe...
22:34, 05/17/2019

What is Libra? All you need to know about Facebook's new cryptocurrency Facebook claims it wants to reach people without access to a bank account, and that Libra is the best wayOn Tuesday, Facebook announced a digital currency called Libra that will roll out for use in 20...
11:34, 06/18/2019

Treasury yields tick higher as investors digest Powell comments U.S. government debt prices were lower Wednesday morning, after Federal Reserve policymakers tempered expectations in the markets for aggressive monetary easing....
13:00, 06/26/2019

Jerome Powell should tread cautiously with real-time payments proposal Facebook’s proposed digital currency Libra got most of the attention during Federal Reserve Board Chairman Jerome Powell's appearances before Congress last week, but a related topic looms even larger ...
03:00, 07/16/2019

Asia Pacific stocks mixed; Fed's Powell hints there won't be rate cuts Stocks in Asia Pacific were mixed in Thursday morning trade, following the U.S. Federal Reserve's overnight monetary policy decision and hints that the central bank is not considering a cut in in...
03:51, 05/02/2019

Powell: W Series title hopes now slim after airborne Misano crash Alice Powell believes that her chances of winning the inaugural W Series title are now slim, after crashing out on the first lap of the third round at Misano...
15:00, 06/09/2019

Trump Believes He Has Authority To Demote Fed Chair Jerome Powell: Report US President Donald Trump believes that he has the authority to replace Federal Reserve Chair Jerome Powell and demote him to be a board governor, but is not planning to do so presently, Bloomberg......
09:00, 06/20/2019

Trump not taking action against Fed chair Powell: White House adviser White House economic adviser Larry Kudlow on Tuesday said U.S. President Donald Trump is not considering any changes to Fed Chairman Jerome Powell's status following a report that the White House had ...
18:34, 06/18/2019

Pledging 'appropriate' action on trade risk, Fed's Powell seen opening door to rate cut U.S. Federal Reserve Chairman Jerome Powell said on Tuesday the central bank will "act as appropriate" in response to risks posed by a trade war, remarks that may open the door to the possibility of a...
21:17, 06/04/2019

Instant view: Powell - Fed is 'insulated' from short-term political pressure Federal Reserve Chairman Jerome Powell on Tuesday said the U.S. central bank is "insulated from short-term political pressures," as policymakers faced new calls by President Donald Trump to cut intere...
20:34, 06/25/2019

Gold soars to six-year high, stocks slide after Powell speech Gold soared to an almost six-year high on Tuesday on escalating U.S.-Iran tensions, while equity markets slid on disappointing economic data and uncertainty on whether the Federal Reserve will cut int...
00:00, 06/26/2019

Nikkei down as market cautious before Powell's remarks; machinery stocks fall Japan's Nikkei edged lower in choppy trade on Wednesday as investors awaited key testimony on the U.S. economy from the Federal Reserve chief, while machinery shares fell on poor June orders....
06:17, 07/10/2019

Dow drops more than 100 points after Fed Chief Powell fails to signal rate cut is ahead Stocks fell on Tuesday after comments from the top Federal Reserve official raised questions about whether the central bank will cut interest rates next month....
20:34, 06/25/2019

Stocks are set to rise after Powell hints at cutting rates in testimony to Congress Stocks are set to open higher Wednesday as Fed Chair Powell said the central bank will "act as appropriate" to sustain expansion as "crosscurrents" are weighing on the economic outlook....
14:51, 07/10/2019

Feds bust Texas family for Masters ticket scam that used stolen identities This year’s Masters golf tournament turned out to be one for the ages, with the venerable Tiger Woods completing a historic return to form and besting a stacked field of competitors. Four member...
18:00, 05/02/2019

Feds seize $1 billion worth of cocaine in massive Philadelphia drug bust Federal authorities discovered 16.5 tons of cocaine on a ship in a Philadelphia port and arrested members of the crew in one of the largest drug busts in the area’s history, authorities said Tue...
00:34, 06/19/2019

Feds probing Harvard coach who sold home to family of soon-to-be-admitted student A longtime Harvard University fencing coach is under federal investigation for allegedly selling his Massachusetts home to a businessman whose son wanted to attend the school, according to a report We...
15:51, 06/19/2019

Feds charge Chinese national in 2015 breach of health insurer Anthem Enlarge (credit: FBI.gov) Federal prosecutors have indicted a Chinese national they say carried out sophisticated network intrusions on four US companies, including one on health insurer Anthem that...
06:17, 05/10/2019

Border Agent Discussed ‘Frying’ Migrants Before Hitting One With His Truck, Feds Charge A U.S. Border Patrol agent accused of deliberately hitting a Guatemalan migrant with his truck and then lying about it conveyed numerous racial slurs and derogatory statements about Central American a...
05:51, 05/21/2019

Feds: Kushner’s criminal justice reform working, blacks benefit overwhelmingly The first report of the impact on the bipartisan criminal justice reform package pushed by top Trump aide Jared Kushner shows that it is working to cut sentences, especially for black prisoners....
20:17, 06/07/2019

Feds seize over 16 tons of cocaine worth $1 billion in Philadelphia shipping port One of the largest drug busts happened in a Philadelphia shipping yard where federal officials captured roughly $1 billion worth of cocaine.        ...
19:00, 06/19/2019

Analysts doubt feds will go 'nuclear' on big tech, but see the increased scrutiny as a growing risk Analysts say the likelihood of a "nuclear option" from regulators — like a break-up of tech conglomerates forcing them to expose search algorithms — is small....
18:34, 06/04/2019

Feds charge suspect in Poway synagogue killing with 109 counts of hate crimes The 19-year-old suspect in a deadly shooting spree at a Poway synagogue has been charged by federal officials with 109 counts of hate crimes.        ...
01:17, 05/10/2019

Syrian refugee arrested in plot to bomb Pittsburgh church for ISIS, feds say The FBI foiled an attempted bomb plot and arrested a Syrian refugee on Wednesday who allegedly planned to bomb a church in Pittsburgh in the name of the Islamic State, investigators have revealed....
20:00, 06/20/2019

‘Ottawa stands between us,’ Pallister says after feds delay Manitoba-Minnesota hydro project Manitoba Premier Brian Pallister says the federal government is standing in the way of a hydroelectric project that would help move states in the U.S. Midwest off of coal....
21:51, 06/02/2019

Senate committee recommends feds don’t proceed with tanker ban bill: Alberta senator The Standing Senate Committee on Transport and Communications has recommended not to proceed with a controversial bill aimed at limiting tanker traffic along the B.C. coast, according to an Alberta se...
03:34, 05/16/2019

Congrats to the Feds, Now the Proud Owners of Paul Manafort's Trump Tower Condo Paul Manafort used to live in a multimillion-dollar condo in Trump Tower, but now he lives in prison. That multimillion-dollar condo, meanwhile, is in the hands of the federal government, which has fo...
04:00, 05/31/2019

Ex-college soccer player threatened to kill 45 athletes over gambling losses: feds A former Massachusetts college soccer player who was a prolific gambler sent death threats to 45 professional and amateur athletes he blamed for his losses — including some that included vile racial s...
23:00, 05/30/2019

Feds found ‘vast trove’ of nude photos in Jeffrey Epstein’s safe Convicted pedophile Jeffrey Epstein kept a stash of lewd photos locked in a safe in his $77 million Upper East Side mansion, where authorities also found kiddie porn, the feds revealed Monday as they ...
03:34, 07/09/2019

Afghanistan war vet plotted to bomb Long Beach white nationalist rally, feds say A veteran of the war in Afghanistan was arrested Friday and accused of plotting to attack a scheduled white nationalist rally in Long Beach, federal investigators say....
23:17, 04/29/2019

Portland mayor should be investigated by feds over Antifa attack on conservative writer, Sen. Cruz says Sen. Ted Cruz is calling for federal law enforcement to investigate Portland Mayor Ted Wheeler following criticism of his handling of protests this weekend during which a conservative writer claims he...
22:00, 07/01/2019

Facebook's New Libra Coin: How Does It Work, and Should You Buy It? On Tuesday Facebook announced Libra, a cryptocurrency that it will launch (along with 27 other partners) in 2020. A little like Bitcoin and a little like PayPal, Libra will be a new digital currency, ...
16:00, 06/19/2019

Facebook’s ‘cryptocurrency’ Libra has nothing to do with Bitcoin Facebook's Libra is not a cryptocurrency and won't offer the kinds of protections that Bitcoin does. It's a way for Facebook to track what you buy.Read More...
02:00, 07/05/2019

Why (Almost) Everybody Hates Facebook’s Cryptocurrency Libra Facebook Inc. says its mission is to “bring the world closer together.” Its plans to launch a digital currency called Libra have succeeded in uniting central bankers and financial regulators from arou...
07:51, 07/16/2019

Facebook's Libra Needs Scrutiny, BOE's Carney Says Facebook’s Libra project should be carefully vetted by regulators, Bank of England Gov. Mark Carney is expected to say Thursday, offering an early insight into how the U.K. central bank will approach ...
11:34, 06/21/2019

SEC Weighs Whether to Regulate Facebook's Libra U.S. securities regulators are examining whether Facebook Inc.’s planned cryptocurrency should fall under their oversight, a development that could further complicate the project....
17:51, 07/13/2019

U.S. SEC chief says he has not met with Facebook since Libra announcement A top U.S. financial market regulator said on Tuesday he has not discussed with Facebook its Libra currency proposal, nearly a month after the social media giant announced the project....
21:34, 07/16/2019

U.S. SEC chief says he has not discussed Libra with Facebook A top U.S. financial market regulator said on Tuesday he has not discussed with Facebook its Libra currency proposal, nearly a month after the social media giant announced the project....
22:00, 07/16/2019

Facebook reveals new Libra cryptocurrency Facebook has finally taken the wraps off its long-awaited cryptocurrency.The social media giant has revealed that it will be launching the new Libra cryptocurrency as part of its blockchain-powered Ca...
13:51, 06/18/2019

Big bad Libra: Do we really need (or want) Facebook to reinvent money? Facebook's cryptocurrency scheme will undoubtedly generate value and a following. But if the hairs on the back of your neck start to raise up, you're not alone....
15:17, 06/24/2019

Facebook set for grilling on Libra cryptocurrency Facebook is set to face further scrutiny on its ambitions to launch a cryptocurrency after "very serious concerns" were raised by senior US government members.The company is set to be questioned by th...
18:51, 07/16/2019

Facebook's New Cryptocurrency, Libra, Gets Big Backers Facebook has signed up more than a dozen companies including Visa, Mastercard, PayPal and Uber to back the new cryptocurrency that the social-media giant plans to unveil next week....
03:51, 06/14/2019

Trump has no plans to fire Fed Chair Powell ‘at the present time,’ Larry Kudlow says The president has been saying for months that the Fed should cut interest rates, a move that probably would boost the economy and the stock market ahead of the 2020 election....
04:00, 07/10/2019

Fed's Powell Spoke With Trump in May Amid White House Criticism of Rate Policy President Trump has recently made a monthly habit of speaking to Federal Reserve Chairman Jerome Powell, a period in which Mr. Trump has publicly pressed the central bank to reduce interest rates....
22:00, 07/05/2019

Watch live: Fed chief Jerome Powell testifies in Congress on state of U.S. economy Federal Reserve Chairman Jerome Powell is set Wednesday to begin two days of testimony in Congress on monetary policy and the state of the U.S. economy....
13:51, 07/10/2019

Trump reportedly discussed firing Fed chair Jerome Powell over rate hikes President said he was ‘not happy’ with decision to raise ratesNot clear whether Trump has authority to force Powell outDonald Trump has reportedly discussed firing the Federal Reserve chairman, Jerome...
20:17, 06/18/2019

NBA Finals: Ranking Raptors and Warriors players, from Kevin Durant to Norman Powell LeBron James isn't playing in the NBA Finals for the first time in eight years, but fear not: there's still an overwhelming amount of talent.        ...
16:00, 05/30/2019

The Details Surrounding Susan Cox Powell's Unsolved Disappearance and the Death of Her Sons Don't Get More Chilling Than This "If I die, it may not be an accident, even if it looks like one. Take care of my boys." So Susan Cox Powell wrote in what she labeled her last will and testament, penned in blue......
12:51, 05/04/2019

S&P 500 soars above 3,000 for first time as Fed Chair Jerome Powell hints interest rate cut likely in July Powell says trade tensions and weak global growth "continue to weigh" on the U.S. economy, a strong signal that the Fed is likely to lower the benchmark interest rate in July. He also reiterated the i...
19:51, 07/10/2019

Powell says the strong June jobs report did not change the Federal Reserve outlook Fed Chairman Jerome Powell was asked by Congress on Wednesday whether the recent strong U.S. jobs report changed his perspective on cutting interest rates....
19:00, 07/10/2019

The Fed is preparing the American financial system to withstand climate change, Jerome Powell says Powell wrote that the Federal Reserve viewed climate risks through the lens of potential "shocks to the system" in the form of severe weather events, rather than as a systemic vulnerability....
22:17, 05/07/2019

Fed's Powell treads carefully as Trump's central bank pick faces trouble Conservative commentator Stephen Moore's sexist comments about women have put in jeopardy his path to the Federal Reserve, with the No. 2 Republican in the Senate saying Wednesday that President Donal...
13:34, 05/02/2019

Powell signals Fed prepared to cut rates this month despite improved jobs, trade backdrop Fed chief Powell plans to tell Congress today officials are prepared to cut interest rates in late July despite an improved jobs and trade picture       ...
20:34, 07/10/2019

Nude photos of underage girls found at Jeffrey Epstein’s Manhattan home: feds The feds found naked photos of young girls while searching Jeffrey Epstein’s Manhattan home, prosecutors alleged Monday. At a press conference, Manhattan US Attorney Geoffrey Berman said investi...
19:34, 07/08/2019

Feds make electronic logs mandatory for truck drivers on recommendation of Humboldt report The federal department says it will make the tamper-resistant devices mandatory on June 12, 2021, to ensure truck and bus drivers are not on the road for longer than their daily limit....
21:34, 06/13/2019

Feds prepare investigations of Apple, Google, Amazon, and Facebook for anti-competitive activities The Justice Department and the Federal Trade Commission are preparing to crack down on any anti-competitive activities by tech giants Apple, Google, Amazon, and Facebook, according to a report from Re...
00:51, 06/04/2019

Nestlé is still taking national forest water for its Arrowhead label, with feds' help Review shows affected streams and springs are drying up. State enforcers say it will take at least six months to finish their probe.       ...
12:34, 06/16/2019

Feds Charge Ex-Fugees Pras of Campaign Finance Fraud in the 2012 US Presidential Election Pras, aka the “other” Fugee, is facing federal charges of campaign finance fraud in the 2012 U.S. presidential election in a case involving an international fugitive financier and a Malaysian investme...
04:00, 05/11/2019

Former Microsoft employee bought $1.6M house after stealing millions in digital currency, feds allege A 25-year-old former Microsoft employee, who helped simulate tech company's digital retail sales, has been charged Tuesday after swiping gift cards and reselling them online to buy a $160,000 Tesla an...
23:17, 07/17/2019

Facebook's Libra coin likely to run a regulatory gauntlet Facebook Inc will face unprecedented regulatory scrutiny over a new digital currency that the social media company hopes will become globally recognized legal tender within a year....
00:17, 06/29/2019

India isn’t keen on Facebook’s Libra ‘cryptocurrency’ Facebook’s new digital currency Libra has received an early jolt from the Indian government. The authorities in Asia’s third-largest economy are no more keen on the social media giant’s project than a...
18:00, 07/08/2019

UPDATE 2-U.S. SEC chief says he has not met with Facebook since Libra announcement A top U.S. financial market regulator said on Tuesday he has not discussed with Facebook its Libra currency proposal, nearly a month after the social media giant announced the project....
22:00, 07/16/2019

Facebook takes aim at e-commerce with Libra cryptocurrency Facebook plans to launch a cryptocurrency called Libra next year as part of its wider efforts to expand beyond social networking into e-commerce and global payments....
17:51, 06/18/2019

Libra cryptocurrency will increase financial inclusion The Libra Association, created in part by Facebook to launch a digital currency, is not in tension with regulatory oversight, writes Dante Disparte.       ...
01:17, 07/04/2019

Facebook won't make Libra available until regulators are happy Facebook is determined to reassure officials that its Libra cryptocurrency is above-board. As part of prepared testimony for a July 16th Senate hearing, Calibra head David Marcus has stressed that the...
06:00, 07/16/2019

Hard to Read Facebook's Libra Fortune Facebook’s cryptocurrency unveiling was widely anticipated, but bets on Libra catching on and generating meaningful revenue remain highly speculative....
06:34, 06/19/2019

Facebook to Hire Banking Expert to Run 'Libra' David Marcus, Facebook's vice president of messaging products and a key figure behind 'Libra' digital currency project, made the statement in an interview....
17:00, 06/29/2019

IMF says regulators must address possible risks from Facebook's Libra Facebook Inc's planned cryptocurrency Libra could help boost financial inclusion, but also raises concerns about consumer protection, data privacy, and potential "backdoor dollarization," the IMF's ch...
18:17, 07/17/2019

Facebook to face more scrutiny from Congress on Libra Facebook Inc will face more questioning on Wednesday by U.S. lawmakers over its planned cryptocurrency after a bruising first bout when senators from both parties condemned the project, saying the co...
13:34, 07/17/2019

Facebook's real goal with Libra is to become even more of a utility David Marcus, the head of Facebook's digital currency project, said the company expects Libra will drive more advertising revenue for the company....
00:34, 07/16/2019

Facebook's Libra Is a License to Print Money A bunch of big companies have agreed to pony up $10 million each to take part, and it is easy to see why: On some reasonable-sounding assumptions about its take-up, it could be insanely profitable in ...
14:17, 06/23/2019

Facebook's Cryptocurrency "Libra" Will Be Launched In 2020 Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments....
22:51, 06/18/2019

Investors Bet That Visa, Mastercard Can Stand Up to Libra Investors are betting that Facebook’s efforts to create a blockchain-based payments system won’t threaten credit-card companies’ winning streak—at least for now....
06:34, 06/19/2019

Bitcoin Loses Almost a Third of Its Value as Libra Hype Fades Facebook’s struggle to convince lawmakers it can create a viable cryptocurrency is rubbing off on bitcoin. Regulatory scrutiny of the company’s ambitious plan to release a digital coin, called Libra, ...
10:17, 07/17/2019

Facebook needs to drop Libra and buy Square, Jim Cramer says "It's clearly doing more harm than good," the "Mad Money" host says. Instead Facebook should buy Square for $70 billion and expand the payments network worldwide....
04:34, 07/18/2019

Stablecoins like Libra must be held to highest standards: G7 Stablecoins like Facebook's Libra can foster financial inclusion but they must be held "to the highest regulatory standards" to ensure that they aren't used to launder money and that users are protect...
12:34, 07/18/2019

G7 nations to act against Facebook's 'Libra' cryptocurrency plan Facebook's plan to introduce its own cryptocurrency has come under sharp criticism from many countries. The social media giant announced in June that it would roll out a new digital currency, called L...
00:34, 07/18/2019

France says G7 focused on containing risks of Facebook's Libra Group of Seven finance ministers meeting in France this week will make it one of their priorities to contain the risks posed by new currencies such as Facebook's Libra, the meeting's host, Finance Min...
08:51, 07/17/2019

Donald Trump is 'not a fan' of cryptocurrency, Facebook Libra Just hours after a "social media summit," the president's Twitter account posted a thread aimed at, of all things, cryptocurrency. After starting off by claiming he's "not a fan of Bitcoin a...
05:00, 07/12/2019

Facebook to launch Libra cryptocurrency next year Social media giant Facebook on Tuesday officially announced it will launch its own cryptocurrency, in a move some analysts believe could bring others like bitcoin more in the mainstream....
15:51, 06/18/2019

How Facebook's Libra could lead you to clean out your wallet Facebook's upcoming cryptocurrency Libra has some experts concerned about security issues. A possible bigger problem: out-of-control spending by consumers....
20:51, 07/05/2019

GLOBAL MARKETS-Asia shares cautious in case Powell closes rate door Asian shares turned mixed on Wednesday while rising Treasury yields lifted the dollar as markets wondered if the world's most powerful central banker would confirm or confound expectations for U.S. po...
06:17, 07/10/2019

Fed Chairman Jerome Powell's Approach to Interest-Rate Policy Wins Bipartisan Backing President Trump’s relentless public criticism of the man he picked to run the Federal Reserve, Jerome Powell, isn’t broadly shared by lawmakers who confirmed the central bank leader to his post last y...
15:51, 07/09/2019

Ringleader of failed Al Qaeda plot to bomb NYC subway to be sentenced after helping feds catch terrorists The ringleader of a failed Al Qaeda plot to bomb the New York City subway system around the eighth anniversary of the September 11 terrorist attacks is set to learn his fate Thursday at a sentencing h...
20:34, 05/02/2019

Democrats call on Facebook to abandon Libra cryptocurrency Rep. Maxine Waters (D-Calif.), chair of the House Financial Services Committee, compared Facebook to scandal-plagued Wells Fargo and said the tech giant shouldn't be allowed to proceed....
20:51, 07/17/2019

Facebook will launch its Libra digital currency in 2020 Facebook has finally revealed plans to launch its new digital currency Libra next year. The tech giant said users would be able to use the coin through its apps and on Facebook-owned messaging service...
12:51, 06/18/2019

Facebook reveals Libra cryptocurrency, with lofty goals Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments....
12:51, 06/18/2019

Facebook Says Libra Cryptocurrency to Be Regulated by Swiss Authorities Facebook said its Libra cryptocurrency will be regulated by Switzerland’s financial watchdog, adding the digital money would never compete with national currencies or undermine the role of central ban...
20:17, 07/15/2019

Facebook's Libra launch will extend its global domination The cryptocurrency could wipe out many businesses and further concentrate corporate powerEvery week dozens of people walk into the Sunshine convenience store in Charlottesville, Virginia to send money...
11:34, 06/18/2019

Federal Reserve already concerned over Facebook’s cryptocurrency Libra Facebook’s cryptocurrency Libra hasn’t been launched yet, but it’s already giving the Federal Reserve a headache. “Libra raises serious concerns regarding privacy, money laundering, consumer protectio...
08:34, 07/11/2019

Facebook Says Libra Can Change the World. It Needs to Convince Users. Facebook has big plans to remake the financial system with its cryptocurrency-based payments network. But persuading people to adopt a brand-new technology could be tough....
11:51, 06/26/2019

Libra launch won't happen until regulators are happy: Coeure Global regulators will not let Facebook launch its Libra currency until all their concerns, ranging from money laundering to financial stability, have been addressed and "a prolonged discussion" may b...
01:51, 07/19/2019

G7 urges strict Libra regime, eyes minimum tax Digital currencies like Facebook's Libra must be held "to the highest regulatory standards" to ensure they are not used to launder money and that users are protected, a Group of Seven taskforce urged ...
13:51, 07/18/2019

Central bankers weigh up Facebook's Libra plan A senior member of the Swiss National Bank said he was open-minded about Facebook's cryptocurrency project, while an Italian official looked for more information as central bankers try to get to grip...
13:34, 06/25/2019

Bitcoin fans spy opportunity in Facebook Libra launch Bitcoin’s backers are adamant that Facebook Inc.’s FB 4.24% coming digital currency, Libra, won’t spell the demise of other cryptocurrencies. To the contrary, many believe the launch of Libra spells o...
17:51, 06/18/2019

Senators grill Facebook on its plans for Libra cryptocurrency Facebook Inc is "delusional" to believe people will trust it with their money, a U.S. senator said on Tuesday as lawmakers from both sides of the aisle grilled the social media company on its plans fo...
18:51, 07/16/2019

UK watchdog wants more detail on Facebook's Libra coin plan There was "insufficient" detail to understand Facebook's plans to expand into payments and launch its own Libra coin, Britain's Financial Conduct Authority (FCA) said on Tuesday....
13:34, 06/25/2019

BoE's Carney says keeping open mind on Facebook's Libra Bank of England governor Mark Carney has said he is keeping an 'open mind' on the potential utility of Facebook's planned cryptocurrency, but warned it may face strict regulation if it takes off....
18:34, 06/18/2019

Here are the Senate’s sickest burns dished out to Facebook’s Libra Facebook‘s digital currency, Libra, has been causing a bit of a ruckus lately. Since its plans became public a few weeks ago, headlines have largely been awash with why it’s probably a bad idea. Natio...
17:51, 07/17/2019

France says Facebook's Libra not yet viable as G7 minister meet France said on Wednesday the conditions were not ripe for Facebook to go ahead with plans for its Libra digital coin, as G7 finance ministers gathered north of Paris on Wednesday for a meeting focused...
15:34, 07/17/2019

Facebook reveals its new digital currency called Libra As expected, Facebook announced a brand new cryptocurrency coming in 2020 – Libra. Described as a new digital wallet for new digital currency, the new financial service will allow consumers to keep th...
16:51, 06/18/2019

Facebook's Libra coin closely watched by authorities: FSB Facebook's plan to expand into payments is not expected to be on the agenda of this week's G20 summit in Japan, but the social media giant's intentions could lead regulators to take a closer look at c...
18:34, 06/25/2019

Conditions not in place for Facebook's Libra to go ahead: France Facebook's Libra digital coin project cannot go ahead in the form it has been presented so far, French Finance Minister Bruno Le Maire said on Wednesday....
13:34, 07/17/2019

U.S. lawmakers challenge Facebook over Libra cryptocurrency plan U.S. lawmakers quizzed Facebook on Wednesday over its planned cryptocurrency, after a bruising first bout a day earlier when senators from both parties condemned the project, saying the company had no...
18:17, 07/17/2019

Facebook Unveils Libra, Cryptocurrency Rival to Bitcoin Facebook formally announced plans to launch a cryptocurrency called Libra, promising a secure blockchain-based payment system backed by hard assets and designed for mainstream users....
16:51, 06/18/2019

Japan urges G7 to think beyond existing rules in dealing with Libra Japanese Finance Minister Taro Aso on Wednesday urged his G7 counterparts to make a comprehensive assessment of Facebook Inc's Libra digital currency for any fresh challenges that could be overlooked ...
06:17, 07/18/2019

US lawmakers tell Facebook to halt the launch of its Libra cryptocurrency US lawmakers have asked Facebook to "immediately cease implementation plans" of its Libra cryptocurrency. Before it proceeds any further, the House Financial Services Committee, led by Democrat Maxine...
11:51, 07/03/2019

Congress Demands Facebook Put Brakes on Libra Cryptocurrency Facebook’s Libra cryptocurrency is off to a rocky start. After announcing Libra last month, U.S. lawmakers were none too thrilled given the social media giant’s dubious track record with privacy. Now,...
20:00, 07/03/2019

Facebook's Libra Could Give Dollar, Banks Some Welcome Competition Facebook’s new digital currency has the potential to become a true alternative to national currencies by creating a de facto central bank, which other fin-tech startups and cryptocurrencies have faile...
17:00, 06/26/2019

Facebook's Libra Coin Frightening, Company Co-Founder Says Facebook co-founder Chris Hughes, who initiated the call to break up the social networking giant, has termed the new digital currency Libra "frightening"....
13:34, 06/22/2019

Facebook Needs 'Very High Standard' For Libra Coin: US Treasury Facebook must meet "a very high standard" before it moves ahead with its planned digital currency Libra, US Treasury Secretary Steven Mnuchin said Monday....
04:00, 07/16/2019

Washington Has Doubts About Facebook's Libra Payments Network Cryptocurrency backers found a silver lining in President Trump’s Thursday attacks on bitcoin: The attention from him—and Fed Chairman Jerome Powell the same day—shows the industry’s growing importanc...
17:51, 07/12/2019

Congress finally catches up to the ‘bitcon’ after Libra controversy As I was saying in a column back on May 22, bitcoin and all the other phony cryptocurrencies need to be investigated. They are “bitcons” — confidence games that are going to eventually cheat anyone fo...
05:34, 07/18/2019

Facebook's Libra Cryptocurrency: How It Stacks Up to Bitcoin and PayPal In many ways, Libra appears to operate more like existing web-payment systems, such as PayPal, than bitcoin. Here’s how Facebook’s new system compares with systems already out there....
12:51, 06/28/2019

Central banks will want oversight of Facebook's Libra - BoE's Carney Major central banks and regulators will want oversight of Facebook's proposed new currency and payment system, Libra, to ensure it is safe and does not allow money laundering or finance terrorism, Ban...
11:17, 06/21/2019

Japan urges G-7 to think beyond existing rules in dealing with Libra Japanese Finance Minister Taro Aso on Wednesday urged his G-7 counterparts to make a comprehensive assessment of Facebook's Libra digital currency for any fresh challenges that could be overlooke...
03:34, 07/18/2019

Facebook Called Before US Senate Panel Over Libra Coin Facebook's plans to create a global cryptocurrency will face scrutiny from the US Senate Banking Committee on July 16, the latest sign that policymakers around the globe are casting a wary eye on......
08:51, 06/20/2019

Can Facebook's Libra Avoid Regulators? History Suggests Not For all its crypto styling, Facebook’s Libra looks less like bitcoin and more like a 50-year-old type of investment fund that has attracted intense regulatory scrutiny since the 2008 financial crisis....
13:17, 07/04/2019

'I don't think you should launch Libra': US lawmakers hammer Facebook over currency House members challenge company over its plans to protect data and question its goals in latest clash on Capitol HillFacebook once again faced intense questioning from US lawmakers over the future lau...
23:34, 07/17/2019

U.S. Senate to grill Facebook over plans for Libra cryptocurrency U.S. lawmakers from both sides of the aisle are set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and politi...
12:34, 07/16/2019

Senate to grill Facebook over plans for Libra cryptocurrency U.S. lawmakers from both sides of the aisle are set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and politi...
13:34, 07/16/2019

Facebook Unveils Plans For Global Cryptocurrency 'Libra' Facebook and some two dozen partners on Tuesday released a prototype of a cryptocurrency called Libra, whose rollout as global digital money is expected next year....
12:00, 06/19/2019

Is Facebook’s new Libra currency a play to become the world’s banker? The social-media giant says it wants to provide financial services to billions of people around the world, including those who lack access to banking....
02:17, 06/19/2019

Facebook Questioned by Lawmakers on Its Libra Digital Currency Facebook was questioned by senators who said they don’t trust the social-media giant to operate a global cryptocurrency, but its main challenge will be overcoming skepticism from global regulators....
00:34, 07/17/2019

Why governments around the world are afraid of Libra, Facebook’s cryptocurrency Critics worry Libra would threaten government-backed currencies and consumer privacy, while giving Facebook reign over an unprecedented global financial system....
22:34, 07/12/2019

Why Facebook's Libra currency gets the thumbs down | Joseph Stiglitz Only a fool would trust Facebook with their financial wellbeing. But maybe that’s the point of the Libra currencyFacebook and some of its corporate allies have decided that what the world really needs...
18:00, 07/02/2019

Facebook’s Libra coin isn’t even out yet, but it’s already facing opposition in Europe Facebook on Tuesday announced the Bitcoin rival it has been developing for the better part of a year: Libra. From the start, Facebook insisted on how secure Libra would be, and on the fact that a subs...
04:34, 06/19/2019

Facebook warned Libra cryptocurrency will come under close scrutiny UK financial regulator highlights concerns over consumer protection and privacy Facebook’s plans for a global cryptocurrency, Libra, will warrant close scrutiny by governments across the world, accord...
12:17, 07/03/2019

Libra: US Congress asks Facebook to pause development Legislators say they need time to investigate cryptocurrency and its potential impactThe US Congress has asked Facebook to pause development on its Libra cryptocurrency until lawmakers have had more t...
17:34, 07/03/2019

Watch live: Fed chief Jerome Powell appears in Senate amid hints of interest rate cut One day after he signaled the Federal Reserve will consider an interest rate cut at its policy meeting this month, Chairman Jerome Powell will answer more questions Thursday from the Senate banking co...
19:00, 07/11/2019

Democrat border town mayor says 'we are sick and tired' of feds not listening, fixing illegal immigration problem A Democrat mayor of a Texas town bordering Mexico slammed the federal government and lawmakers, saying “we are sick and tired of the deaf ears” for failing to protect towns like his from illegal immig...
14:00, 06/18/2019

Whodunit? As Feds Scan DMV Records Using Facial Recognition Software and More Cities Use the Technology, Racial Bias Could Be a Problem When you go to your local DMV office and stand in front of the camera to take as decent a photo as possible, you probably aren’t thinking about the possibility that said photo will come up in a facial...
20:17, 07/09/2019

Feds end probe of hush money that Trump lawyer Cohen directed to Stormy Daniels, Karen McDougal Federal Judge William Pauley wrote in a court filing made public Wednesday that materials related to a campaign finance probe of Cohen should be unsealed — and denied a request from the prosecutors to...
21:34, 07/17/2019

Feds: 81-year-old bank robbery suspect wanted to return to prison because of small Social Security payments An 81-year-old man who has spent most of his adult life behind bars for a series of bank heists said he robbed an Arizona credit union months after being released because his $800 monthly Social Secur...
02:00, 06/13/2019

UPDATE 3-U.S. senators grill Facebook on its plans for Libra cryptocurrency Facebook Inc is "delusional" to believe people will trust it with their money, a U.S. senator said on Tuesday as lawmakers from both sides of the aisle grilled the social media company on its plans fo...
18:17, 07/16/2019

Bitcoin soars past $13,000 as Facebook's Libra fuels demand Bitcoin jumped to an 18-month high on Wednesday, as investors looked for safety in alternative investments amid geopolitical tension, and cheered prospects that Facebook Inc's Libra token could push c...
00:00, 06/27/2019

Libra: Facebook launches cryptocurrency in bid to shake up global finance Digital currency will let billions of users make transactions but is raising privacy concernsFacebook has announced a digital currency called Libra that will allow its billions of users to make financ...
11:34, 06/18/2019

Amazon would be a better choice than Facebook to develop Libra, author Ben Mezrich says Ben Mezrich, who wrote the book that inspired the movie "The Social Network," told CNBC that Amazon would be a better choice than Facebook to develop Libra....
19:51, 07/18/2019

G7 urges tough Libra regulation, agrees to tax digital giants Digital currencies such as Facebook's planned Libra raise serious concerns and must be regulated as tightly as possible to ensure they do not upset the world's financial system, Group of Seven finance...
15:34, 07/18/2019

President Trump takes aim at Facebook’s cryptocurrency, Libra, saying it should be regulated Taking aim at Facebook's plans to launch a virtual currency, known as Libra, and a wallet, named Calibra, Trump said in a series of tweets that the currency would have "little standing or dependabilit...
06:17, 07/12/2019

Senate opens hearing into Facebook plans for Libra cryptocurrency U.S. lawmakers from both sides of the aisle were set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and polit...
16:51, 07/16/2019

Consensus among G7 ministers to tackle Facebook's Libra: French chair G7 ministers meeting in France on Wednesday agreed on the need to confront the emergence of digital currencies following Facebook's plans to launch its Libra digital coin, a French G7 presidency sourc...
20:51, 07/17/2019

Germany's Scholz sounds alarm on cryptocurrencies such as Facebook's Libra German Finance Minister Olaf Scholz said regulators must ensure that cryptocurrencies such as Facebook's planned digital coin Libra do not threaten financial stability and consumer privacy....
17:00, 07/16/2019

Facebook's Libra: Why is the world fascinated by a cashless society Facebook’s Libra is joining the cryptocurrency world alongside Bitcoin and Ethereum, but this isn’t the first cashless method on the market. As companies are simplifying consumer transacti...
18:34, 06/28/2019

Facebook Libra chief testifies in Congress to explain cryptocurrency The head of Facebook's blockchain division will appear in Congress Tuesday for the first of two hearings about the social media network's plans to roll out a new digital financial system next year....
13:51, 07/16/2019

Factbox: Facebook's new cryptocurrency Libra and digital wallet Calibra Facebook Inc revealed plans to establish a cryptocurrency called Libra on Tuesday. It will be run by an association comprised of other corporate investors and non-profit members, with an expected laun...
12:51, 06/18/2019

Explainer: 'Stablecoins' in the spotlight as Facebook unveils Libra cryptocurrency The original cryptocurrency accounts for over half of the $285 billion global coin trading market. But that dominance is under threat, with a host of alternative digital coins emerging as developers r...
17:51, 06/18/2019

'Flaky, unstable, bad with money': astrologers on Facebook's Libra currency With Mars in the 12th house at the time of the announcement, the new cryptocurrency should ultimately succeedWhen Facebook announced its cryptocurrency Libra, which shares its title with an astrologic...
23:00, 06/20/2019

Bitcoin price falls below $10,000 as boost from Facebook's Libra fades Cryptocurrency climbed to nearly $14,000 on news social network was launching rivalThe price of bitcoin has fallen back below $10,000, down 30% from last week’s peak of nearly $14,000.Continuing its w...
12:51, 07/02/2019

Would you trust Facebook with your money? What Libra cryptocurrency means for users Facebook revealed it will launch a digital currency similar to Bitcoin, called Libra. Here's what that move might means for its users.       ...
21:51, 06/18/2019

Facebook's Libra cryptocurrency needs deep thought and detail: UK regulator Facebook's fledging cryptocurrency will raise questions for both society and government that need close examination, a senior official at Britain's financial watchdog said on Tuesday, in another sign...
17:51, 07/02/2019

Bitcoin price rises past $11,000 following Facebook’s Libra announcement Bitcoin’s price continues to rally surpassing the $11,000 mark over the weekend for the first time in 15 months. At the time of writing, Bitcoin‘s price had decreased by approximately 1.15 percent, wi...
13:51, 06/24/2019

Facebook's Libra cryptocurrency faces questions from international regulators Chair of Financial Stability Board says company’s plans could spark closer scrutiny of cryptocurrenciesFacebook’s Libra cryptocurrency is facing increasing skepticism from international regulators day...
00:51, 06/26/2019

Bitcoin near two-week highs, fueled by hopes for Facebook's Libra Bitcoin held on Tuesday near its highest for two weeks after surging as much as 9% overnight, a move analysts said was probably driven by hopes that cryptocurrencies are gaining wider acceptance after...
11:34, 07/09/2019

Facebook's Libra cryptocurrency 'poses risks to global banking' Move could affect competition and data privacy, warns Bank for International SettlementsFacebook’s plan to operate its own digital currency poses risks to the international banking system that should ...
19:00, 06/23/2019

Facebook’s Libra currency gets backing from MasterCard, Visa, PayPal and more Today, Facebook finally announced its long-rumored cryptocurrency platform, Calibra. Some speculated that the company would rely on outside firms and existing cryptocurrency exchanges, like the Winkle...
22:34, 06/18/2019

Singapore wants more details on Facebook Libra before deciding on regulatory response Country's central bank remains in talks with Facebook and wants more details on how the US social media platform plans to implement its cryptocurrency before exploring potential legislation....
09:17, 07/09/2019

Facebook announces Libra cryptocurrency and Calibra digital wallet Facebook has announced its cryptocurrency Libra and a global association of organizations that will govern it. The company also announced Calibra, a new subsidiary that will build a digital wallet for...
17:34, 06/18/2019

Facebook asked by lawmakers to pause Libra cryptocurrency project Congresswoman Maxine Waters asked Facebook to halt movement of its Libra project until hearings can be held to examine concerns, while French Finance Minister has called for tighter cryptocurrency reg...
10:34, 06/19/2019

Facebook’s Libra ‘cryptocurrency’ is missing one thing: monetary policy Facebook has outlined the economics of its new Libra cryptocurrency, revealing it will create a secondary token intended specifically to pay dividends to early backers. It’s called the Libra Investmen...
15:00, 06/18/2019

Bank of England to mull access for likes of Facebook’s Libra LONDON (AP) — Bank of England Governor Mark Carney is open to the idea of letting new payment services such as Facebook’s upcoming Libra hold funds with the central bank — something previously l...
19:51, 06/20/2019

Facebook Libra digital currency will carry hidden costs When Facebook announced its intention to get into the money business, we wondered what would be next. Its own court system? An army?: Our view       ...
01:17, 07/04/2019

Crypto Twitter responds to the reality of Facebook’s Libra ‘cryptocurrency’ Following months of speculation, Facebook finally confirmed the release of Libra next year. The tech giant also unveiled details about Calibra, its corresponding custodial digital wallet, but failed t...
01:00, 06/19/2019

Watch Fed Chair Jerome Powell speak live as market awaits hints on future rate cuts Federal Reserve Chairman Jerome Powell was scheduled to deliver a speech Tuesday at the Council on Foreign Relations in New York, followed by a question and answer session....
20:34, 06/25/2019

‘Trust’ was mentioned 69 times at Facebook’s Libra Senate hearing – nice In the 220-minute-long Senate hearing where Facebook’s head of Calibra, David Marcus, was grilled on the company’s “cryptocurrency” plans, the word trust was mentioned every two minutes on average, wo...
20:00, 07/18/2019

Smaller cryptocurrencies feel pain as criticism of Facebook's Libra grows Bitcoin hasn't been the only casualty of the backlash by the world's major economic powers against Facebook's plans for a cryptocurrency, with smaller digital coins also feeling the burn....
20:51, 07/17/2019

Libra cryptocurrency: dare you trust Facebook with your money? | John Naughton The social media giant’s foray into bitcoin territory – with some financial big hitters on board – should prompt suspicionWe’ve known for ages that somewhere in the bowels of Facebook people were beav...
11:34, 06/23/2019

Bitcoin reaches 18-month high as Facebook's Libra spurs interest Bitcoin jumped to an 18-month high on Wednesday, a surge analysts said was caused by nervous traders looking for safety in alternative investments and expectations that Facebook's Libra could turn cry...
13:17, 06/26/2019

Trump Blasts Facebook's Libra, Demands It Face Banking Regulations Donald Trump on Thursday criticised Bitcoin, Facebook's Libra digital coin, and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to US and global.....
11:17, 07/12/2019

Rep. Maxine Waters asks Facebook to pause work on cryptocurrency Libra Democratic Rep. Maxine Waters on Tuesday requested that Facebook pause its development of Libra, an upcoming cryptocurrency that the company plans to release in 2020....
03:34, 06/19/2019

Facebook co-founder: Libra currency could give firms excess power Chris Hughes says involvement of private companies is threat to autonomy of nation statesOne of Facebook’s co-founders has warned the social network’s plans for a digital currency called Libra could a...
18:51, 06/21/2019

Facebook's cryptocoin Libra could become a worldwide currency, says CEO of fintech start-up Tally "It literally threatens the governments that issue currency, the banks that store it and the actual transmission network," Tally's Jason Brown says....
04:17, 06/19/2019

Facebook vows Libra currency will wait for approval as U.S. airs worries Facebook Inc said on Monday it would not proceed with the launch of its Libra cryptocurrency until regulatory concerns are addressed, as the U.S. Treasury secretary took the unusual step on of saying ...
22:51, 07/15/2019

Trump bashes Bitcoin and calls for regulation of Facebook’s Libra cryptocurrency Facebook a few weeks ago unveiled its Libra digital coin and blockchain endeavor, a product meant to significantly reducing the remittance fees and waiting time when people exchange money on Facebook....
17:00, 07/12/2019

Britain won't try to stop Facebook's new Libra digital coin, says UK finance minister Regulators, not lawmakers, should decide whether Facebook needs a banking license to launch Libra, says outgoing U.K. finance minster Philip Hammond....
16:34, 07/15/2019

'Facebook is already too big and too powerful': Senate to dig into Libra, the tech giant's new crypto project (FB) The US Senate Banking Committee plans to hold a hearing on Facebook's newly-announced Libra cryptocurrency project on July 16th, Reuters reports. On Tuesday, Senator Sherrod Brown (D-OH), the ranking...
13:34, 06/20/2019

Facebook's Libra cryptocurrency could raise regulatory issues: BoE deputy governor Plans by Facebook Inc to launch a new global cryptocurrency called Libra could raise regulatory issues, Bank of England Deputy Governor Sam Woods said on Thursday....
12:51, 06/20/2019

Central banks will want oversight of Facebook's Libra: Bank of England's Carney Major central banks and regulators will want oversight of Facebook's proposed new currency and payment system, Libra, to ensure it is safe and does not allow money laundering or finance terrorism, Ban...
10:00, 06/21/2019

German finance minister: Libra cryptocurrency must wait for regulatory clarity Facebook cannot go ahead with its plans to launch its digital coin Libra until all regulatory issues are dealt with, German Finance Minister Olaf Scholz said on Wednesday as he met with counterparts f...
18:17, 07/17/2019

UPDATE 1-Germany's Scholz sounds alarm on cryptocurrencies such as Facebook's Libra German Finance Minister Olaf Scholz said on Tuesday regulators must ensure that cryptocurrencies such as Facebook's planned digital coin Libra do not threaten financial stability and consumer privacy....
18:17, 07/16/2019

Unruly social media no model for Facebook's Libra currency: BoE's Carney Facebook cannot expect its new Libra currency to benefit from the same unregulated free-for-all that helped the company achieve a dominant position in social media, Bank of England Governor Mark Carne...
19:17, 06/20/2019

Facebook co-founder says Libra could shift monetary clout to private companies: FT Facebook Inc's Libra cryptocurrency would hand over much of the control of monetary policy from central banks to private companies, the company's co-founder Chris Hughes said in an opinion piece in th...
13:00, 06/21/2019

UPDATE 1-Facebook's Libra must be 'rock solid' before launch warns BoE's Carney Facebook's proposed Libra digital coin must show it is "rock solid" before it can be allowed to launch, Bank of England Governor Mark Carney said on Thursday....
19:17, 07/11/2019

Japan sets up working group on impact of Facebook's Libra ahead of G7 Japanese authorities have set up a working group to discuss the impact Facebook's proposed Libra digital coin could have on monetary policy and financial regulation, government sources said, ahead of ...
02:17, 07/13/2019

The tech industry is starting to doubt Facebook will be able to launch its Libra currency by 2020 "I think two years from now we're going to be like do you remember that Facebook thing? Libra?" said Bismarck Lepe, CEO of Wizeline, a San Francisco product development company....
20:00, 07/10/2019

‘Crypto Twitter’ anxiously awaits white paper for Facebook’s Libra cryptocurrency Tomorrow, Facebook is expected to release full details of its new “cryptocurrency” project Libra — as always, Twitter has lots to say. Few concrete facts about Facebook‘s Libra (formally known as Glob...
18:17, 06/17/2019

Trump blasts Bitcoin, Facebook's Libra, demands they face banking regulations U.S. President Donald Trump on Thursday criticized Bitcoin, Facebook's proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves sub...
03:34, 07/12/2019

France creates G7 cryptocurrency task force as Facebook's Libra unsettles governments France is creating a G7 task force to study how central banks ensure cryptocurrencies like Facebook's Libra are governed by regulations ranging from money-laundering laws to consumer-protection rules,...
13:00, 06/21/2019

UPDATE 2-Facebook vows Libra currency will wait for approval as U.S. airs worries Facebook Inc said on Monday it would not proceed with the launch of its Libra cryptocurrency until regulatory concerns are addressed, as the U.S. Treasury secretary took the unusual step on of saying ...
23:34, 07/15/2019

France to create a joint G7 cryptocurrency task force amid Facebook’s Libra woes France is putting together a Group of Seven Nations (G7) task force to explore how central banks can make sure cryptocurrencies adhere to money-laundering and consumer protection rules. That’s accordi...
17:34, 06/21/2019

UPDATE 3-Trump blasts Bitcoin, Facebook's Libra, demands they face banking regulations U.S. President Donald Trump on Thursday criticized Bitcoin, Facebook's proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves sub...
06:34, 07/12/2019

Facebook is joining the crypto game. It's launching a Bitcoin-like currency called Libra Facebook unveiled a plan to create a new digital currency similar to Bitcoin, one that could drive more e-commerce and boost ads on its platforms.       ...
16:34, 06/18/2019

UPDATE 1-Trump blasts Bitcoin, Facebook's Libra, demands they face banking regulations U.S. President Donald Trump on Thursday criticized Bitcoin, Facebook's proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves sub...
03:51, 07/12/2019

Facebook's Libra must obey anti-money laundering rules: French central banker Facebook's planned global 'Libra' cryptocurrency must respect anti-money laundering regulations and it must seek banking licenses if it offers banking services, France's central bank chief said in a m...
15:00, 06/25/2019