Armored truck heist in Chicago Loop ends with suspect shot and cash recovered
CHICAGO – A 23-year-old man was charged in federal court Friday after allegedly attacking an armored truck driver and stealing a bag of cash during a brazen daylight robbery in the Loop.…
Fed’s Neel Kashkari not convinced rate hikes are over -WSJ
(Reuters) – Minneapolis Federal Reserve Bank President Neel Kashkari said he would err on the side of overtightening monetary policy rather than not doing enough to bring inflation down to the central…
Fed’s Cook says hopes current policy setting is adequate to settle inflation
WASHINGTON (Reuters) – Federal Reserve Gov. Lisa Cook said she hopes the central bank’s current target interest rate is adequate to return inflation to the Fed’s 2% target. The Fed left interest…
Fed’s Kashkari: a lot of uncertainty about what is driving yield curve
Minneapolis Federal Reserve Bank President Neel Kashkari on Friday said there is a lot of uncertainty over what is driving longer-term bond yields, whose rise in September and October helped convince the…
Fed’s Barkin says there is ‘a lot of time’ to decide next policy step
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Richmond President Thomas Barkin said Friday that softer jobs data is moving in the direction desired by central bankers trying…
Fed’s Powell says question of rate cuts not on radar right now
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell said Wednesday that the U.S. central bank is not thinking about lowering rates right now. “The question of rate…
Fed’s Powell says higher rates need to persist to affect Fed policy choices
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chairman Jerome Powell said Wednesday that market borrowing costs would need to be sustainably higher for that to bear on future central…
Fed’s reverse repo facility drawdown looms large in balance sheet debate
By Michael S. Derby NEW YORK (Reuters) – The eventual end of the Federal Reserve’s efforts to reduce its vast bond holdings increasingly appears tied to what happens with the central bank’s…
Fed’s Mester says plenty of room left to run on balance sheet drawdown
NEW YORK (Reuters) – Federal Reserve Bank of Cleveland President Loretta Mester said on Friday the central bank still has plenty of space to cut the size of its holdings as a…
Fed’s Mester says Fed at or near peak for interest rate target
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Cleveland President Loretta Mester said on Friday her outlook for central bank interest rate policy still leans toward another increase,…
Fed’s Bostic: possible Fed could lower rates in late 2024 – CNBC
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Atlanta President Raphael Bostic said on CNBC Friday that while inflation remains too high it is coming down amid mounting…
Considering the Antitrust Division – A Conversation with a Division Paralegal
The Antitrust Division’s Diversity Committee is hosting a virtual panel discussion for soon to be college students who may be interested in becoming a paralegal specialist. This panel will feature current paralegal…
Former Florida State Representative Sentenced To Federal Prison For Wire Fraud, Money Laundering, And Making False Statements In Connection With COVID-19 Relief Fraud
GAINESVILLE, FLORIDA – Joseph Harding, 36, of Williston, Florida, was sentenced to 4 months in federal prison for wire fraud, money laundering, and making false statements in connection with COVID-19 relief fraud.…
Sioux City Man Sentenced to Federal Prison for Illegal Gun Possession
A man with a history of felony convictions – including 2017 convictions for operating while intoxicated, eluding, and homicide by vehicle – was sentenced Friday, October 13, 2023, to eight years in…
Florida Couple Pleads Guilty to Scheme to Evade $42 Million in Duties for Illegally Importing and Selling Plywood
A Florida husband and wife, Noel and Kelsy Hernandez Quintana, pleaded guilty today to conspiring to import plywood contrary to the Lacey Act and customs laws, and to selling plywood products that…
Lawrence Man Sentenced for Disaster Fund Fraud Scheme
BOSTON – A Lawrence man was sentenced today in federal court in Boston for using stolen identities to fraudulently obtain over $450,000 in Economic Injury Disaster Loan funds from the Small Business…
Timothy Gabriel Faces Federal Firearms Charge
Burlington, Vermont – The United States Attorney’s Office announced that Timothy Gabriel, 29, who most recently has been living in the Rutland area, appeared today in United States District Court in Burlington…
Drug Trafficker Sentenced for Cocaine Trafficking
BOSTON – A drug trafficker operating in the Boston area was sentenced yesterday for his role in a cocaine trafficking conspiracy. Maurice Coates, 46, of Randolph, was sentenced by U.S. District Court Judge…
Former Penn Hills Man Pleads Guilty to Child Exploitation Charges
PITTSBURGH, PA – A former resident of Penn Hills, Pennsylvania, pleaded guilty in federal court to charges of Coercion and Enticement of a Minor to Engage in Illegal Sexual Activity, Production of…
Raleigh County Man Sentenced to Prison for Federal Fraud Crimes
BECKLEY, W.Va. – Paul Richard Massey, 51, of Shady Spring, was sentenced today to one year and one day in prison, to be followed by three years of supervised release, and ordered…
California Man Fined $50,000 for Illegally Importing Carvings Made from Sperm Whale Teeth and a Walrus Tusk
Burlington, Vermont – The United States Attorney’s Office stated that Pedro Huertas, 69, of Pasadena, California, pleaded guilty to a misdemeanor charge of unlawfully importing wildlife parts (carvings from sperm whale teeth…
President of Suburban Chicago Environmental Company Indicted for Allegedly Obstructing Federal Probe Into Grant Funding of Hotel Demolition Project
CHICAGO — A federal grand jury has indicted the president of an environmental services company for allegedly obstructing an investigation into the grant funding of a hotel demolition project in the Chicago…
Pennsylvania Woman Sentenced on Felony and Misdemeanor Charges for Actions During Jan. 6 Capitol Breach
WASHINGTON – A Pennsylvania woman was sentenced today on nine total felony and misdemeanor charges for her actions during the breach of the U.S. Capitol on Jan. 6, 2021. Her actions and…
Lakeland Man Sentenced To More Than 15 Years For Production, Distribution, And Possession Of Child Sexual Abuse Material
Tampa, Florida – U.S. District Judge Mary Scriven has sentenced Illya Frederick Plavljanich II (36, Lakeland) to 15 years and 6 months in federal prison, followed by a lifetime of supervised release,…
More than Two Dozen Arrested in Roundup of Members and Associates of the Black Mafia Family
ST. LOUIS – More than two dozen people were arrested this week in connection with charges including drug trafficking and financial crimes, U.S. Attorney Sayler A. Fleming said Thursday. The arrests by…
Florida “Proud Boy” Pleads Guilty to Felony for Actions During Jan. 6 Capitol Breach
WASHINGTON – A Florida man pleaded guilty today to a felony charge for his actions during the breach of the U.S. Capitol on Jan. 6, 2021. His…
Breaking News
