By Francesco Canepa FRANKFURT – The European Central Bank will stop pumping money into financial markets this summer, it said on Thursday, paving the way for an increase in interest …
All News
-
-
By Elizabeth Dilts Marshall NEW YORK – Global share markets slid on Thursday as U.S. inflation hit almost 8%, making it almost certain the U.S. Federal Reserve will raise interest …
- Financial News
Analysis-Oil shock is coming, but U.S. may have already paid for it
by Reutersby ReutersBy Howard Schneider WASHINGTON – The gusher of money the U.S. government poured into family bank accounts during the coronavirus pandemic, credited with speeding the rebound from the health crisis, …
- Financial News
Analysis-Fallout of Ukraine war exposes Turkey’s vulnerable economy
by Reutersby ReutersBy Can Sezer and Orhan Coskun ISTANBUL – President Tayyip Erdogan’s wager that Turkey could ride out an inflation and currency shock with low rates and reserves has all but …
- Financial News
Households squeezed as U.S. consumer prices accelerate; more pain coming
by Reutersby ReutersBy Lucia Mutikani WASHINGTON – U.S. consumer prices surged in February, forcing Americans to dig deeper to pay for rent, food and gasoline, and inflation is poised to accelerate even …
- Department of Justice Press Releases
Virginia Man Sentenced to Prison for Defrauding Apple Inc.
by DOJ Pressby DOJ PressWASHINGTON – Teang Liu, 38, of Alexandria, Virginia, a citizen of the People’s Republic of China, was sentenced today to 12 months and a …
- Department of Justice Press Releases
Member of Brockton-Based Drug Trafficking Organization Sentenced to 19 Years in Prison
by DOJ Pressby DOJ PressBOSTON – The member of a violent Brockton-based drug trafficking organization (DTO) was sentenced today in federal court in Boston for his role in a heroin trafficking conspiracy. Lutherson Bonheur, …
- Department of Justice Press Releases
Suffolk Man Sentenced for Straw-Purchasing Firearms Conspiracy
by DOJ Pressby DOJ PressNORFOLK, Va. – A Suffolk man was sentenced today to 156 months in prison in connection with aiding and abetting the making of a materially false statement during the purchase …
- Department of Justice Press Releases
Founders of Crypto ICO Sentenced to Combined 8 Years in Prison for Tax Evasion After Raising $24 Million from Investors
by DOJ Pressby DOJ PressThe owners of a cryptocurrency company have been sentenced to a combined 8 years in federal prison for tax evasion, announced U.S. Attorney for the Northern District of Texas Chad …
- Department of Justice Press Releases
Port Clinton Physician Sentenced to Prison for Prescribing Controlled Substances Without Medical Necessity and Health Care Fraud
by DOJ Pressby DOJ PressActing U.S. Attorney Michelle M. Baeppler announced that William Bauer, 85, of Port Clinton, Ohio, was sentenced today by U.S. District Judge Jack Zouhary to 5 years in prison and …
- Department of Justice Press Releases
Former Resident of Bergen County Sentenced to 29 Months in Prison for $1.5 Million Investment Fraud Scheme
by DOJ Pressby DOJ PressNEWARK, N.J. – A former New Jersey resident was sentenced today to 29 months in prison for his role in an investment scheme through which he fraudulently obtained more than …
- Department of Justice Press Releases
New Bedford Man Pleads Guilty to Bank Robbery
by DOJ Pressby DOJ PressBOSTON – A New Bedford man pleaded guilty today in federal court in Boston to the July 2021 robbery of a Bristol County Savings Bank branch in Dartmouth. At the …
- Department of Justice Press Releases
Citizen of the Dominican Republic Sentenced to 5 Years in Federal Prison for Distributing Fentanyl
by DOJ Pressby DOJ PressLeonard C Boyle, United States Attorney for the District of Connecticut, announced that DANIEL JIMENEZ DE LA CRUZ, 36, a citizen of the Dominican Republic last residing in Waterbury, was …
- Department of Justice Press Releases
Sun Prairie Man Sentenced to 51 Months for Illegally Possessing Ammunition
by DOJ Pressby DOJ PressMADISON, WIS. – Timothy M. O’Shea, United States Attorney for the Western District of Wisconsin, announced that Marvin Coates, 34, Sun Prairie, Wisconsin was sentenced today by Chief U.S. District …
- Department of Justice Press Releases
Man Charged with Federal Gun Crime in Connection with Death of Child
by DOJ Pressby DOJ PressSAN ANTONIO – Yesterday, Joshua Christopher Ramirez, 32, of San Antonio was arrested in San Antonio on criminal charges related to allegations that a gun he possessed was used to …
- Department of Justice Press Releases
Two Indicted in East Texas Cryptocurrency Money Laundering Scheme
by DOJ Pressby DOJ PressTYLER, Texas –A 75-year-old woman and a 33-year-old man have been indicted for their roles in a cryptocurrency money laundering scheme in the Eastern District of Texas, announced U.S. Attorney …
- Department of Justice Press Releases
Five Members of Violent Criminal Enterprise Arrested in Cocaine Trafficking Conspiracy
by DOJ Pressby DOJ PressBOSTON – Five members of a violent criminal enterprise were arrested and charged today in connection with a drug trafficking conspiracy that distributed large amounts of cocaine and cocaine base …
- Department of Justice Press Releases
Former Columbia Police Chief Indicted by Federal Grand Jury for Stealing Drug Money
by DOJ Pressby DOJ PressBowling Green, Kentucky – A federal grand jury in Bowling Green, Kentucky returned an indictment today charging the former Columbia, Kentucky Chief of Police with stealing over $25,000 from the …
- Department of Justice Press Releases
Ice Methamphetamine Dealer Sentenced to Thirty Years in Federal Prison
by DOJ Pressby DOJ PressROCK ISLAND, Ill. – A Marshalltown, Iowa, man, Michael James Grommet, 37, was sentenced on March 9, 2022, to 360 months’ imprisonment, to be followed by five years of supervised …
- Department of Justice Press Releases
Moline Man Pleads Guilty to Attempting to Meet a Minor for Sex and Soliciting Obscene Photos of a Minor
by DOJ Pressby DOJ PressROCK ISLAND, Ill. – A Moline, Illinois, man, Mark Eugene Downing, 44, of the 1200 Block of 15th Street, pleaded guilty on March 9, 2022, to attempted enticement of a …
- Department of Justice Press Releases
Hollywood Executive Agrees to Plead Guilty to Fraud and Money Laundering Charges for Stealing Money from COVID Relief Program
by DOJ Pressby DOJ PressLOS ANGELES – The former chief executive of Aviron Pictures has agreed to plead guilty to federal fraud and money laundering charges, admitting that he applied for and received …
- Department of Justice Press Releases
Las Vegas Police Officer Charged In Casino Robbery
by DOJ Pressby DOJ PressLAS VEGAS – A Las Vegas Metropolitan Police Department (LVMPD) officer made his initial appearance in federal court today for allegedly robbing a casino. Caleb Mitchell Rogers (33) was arrested …
- Department of Justice Press Releases
Member of “Boogaloo Bois” Sentenced to Prison for Conspiring to Provide Material Support to Hamas
by DOJ Pressby DOJ PressMINNEAPOLIS – Michael Robert Solomon, 31, of New Brighton, was sentenced today to 36 months in prison followed by five years of supervised release for conspiring to provide material support …
- Department of Justice Press Releases
Four Los Angeles Residents Indicted for Operating Illegal Gambling Business and Conspiring to Launder Money
by DOJ Pressby DOJ PressSACRAMENTO, Calif. — A three-count indictment was unsealed yesterday charging four defendants in connection with an illegal gambling business and conspiracies to launder the proceeds of the illegal gambling business, …
- Department of Justice Press Releases
Mexican National Sentenced to Over 8 Years in Prison for Conspiracy to Distribute Methamphetamine in Tehama County
by DOJ Pressby DOJ PressSACRAMENTO, Calif. — Maria Cervantes-Echevarria, 35, a Mexican national living in Los Molinos, was sentenced today by U.S. District Judge Troy L. Nunley, to eight years and nine months in prison …