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.…
Missouri Man Gets 12 Years in Prison After Feds Seize Computer With Lewd Images of Children
KANSAS CITY, MO – Nicholas P. Johnson, 29, of Independence, Missouri, was sentenced to 12 years and six months in federal prison for possessing and distributing child [censored]ography. U.S. District Judge Greg…
Catch A Predator Operation Sends Denton Man to 18 Years in Prison
OKLAHOMA CITY, OK – Joshua Daniel-Enoch Cox, 39, of Denton, Texas, was sentenced to 18 years in federal prison for interstate travel with the intent to engage in sexual acts with minors.…
Navajo Nation Member Sentenced to Over 5 Years for Sexual Abuse of Minor
ALBUQUERQUE, NM – Christian Apachito, 28, of Tohajiilee, New Mexico, an enrolled member of the Navajo Nation, was sentenced to 67 months in prison for sexual abuse of a minor. According to…
Former Newport News Firefighter Thought He was Soliciting Child Online, It Was a Cop
NEWPORT NEWS, VA – Christopher Scott Jones, 43, was sentenced to over 33 years in prison for coercion and enticement of a minor and receipt of child sexual abuse material. According to…
Deadly Bronx Daycare Center Doubled as Fentanyl Pill Mill, Feds Say in Complaint
NEW YORK, NY – A criminal complaint unveiled today has led to charges against Grei Mendez, 36, and Carlisto Acevedo Brito, 41, for narcotics possession with intent to distribute resulting in death.…
New Central Ohio Crime Gun Intelligence Center Targets Gun Violence
COLUMBUS, OH – The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) today announced the opening of the Central Ohio Regional Crime Gun Intelligence Center (CGIC) in partnership with state and local…
Couple Pleads Guilty to $88 Million New Jersey Based Software Piracy Scheme
CALDWELL, NJ – Raymond Bradley Pearce, known as Brad Pearce, 48, and Dusti O. Pearce, 45, pleaded guilty today to a conspiracy to commit wire fraud in a scheme that involved selling…
Operation North Star III: U.S. Marshals Arrest Over 4,400 Fugitives Across 20 Cities
WASHINGTON, D.C. – A three-month sweep led by the U.S. Marshals Service apprehended 4,455 violent fugitives and cleared 2,818 violent warrants across 20 cities. The operation, known as Operation North Star III…
Ohio Physician Convicted for Unlawfully Distributing Opioids in High-Volume Pain Clinic
COLUMBUS, OH – Thomas Romano, a 73-year-old physician from Wheeling, West Virginia, was convicted by a federal jury today for illegally distributing opioids and other controlled substances through his self-named pain management…
Forecast for Fed’s new forecasts – still one more rate hike to go
By Ann Saphir (Reuters) – Faster growth, cooler inflation and a job market that won’t quit have set the stage for an updated batch of forecasts from Federal Reserve officials next week…
Fed’s Logan: can skip Sept rate hike, but ‘there is work left to do’
(Reuters) – Dallas Federal Reserve Bank President Lorie Logan on Thursday said that while it “could be appropriate” to skip an interest-rate increase at the U.S. central bank’s upcoming meeting, more policy…
Fed’s Collins says now is time to be patient, deliberate with policy
By Michael S. Derby (Reuters) – Federal Reserve Bank of Boston President Susan Collins said Wednesday that while there are signs of progress in cooling inflation, now is a time for the…
Fed’s Mester says job market remains strong despite some signs of cooling
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Cleveland President Loretta Mester said on Friday that the U.S. labor market remains strong despite signs of it coming into…
Fed’s Bostic says U.S. interest rates are high enough
(Reuters) – Atlanta Federal Reserve Bank President Raphael Bostic laid out a case on Thursday against any further U.S. interest rate hikes, saying monetary policy is already tight enough to bring inflation…
Key US jobs data boost Fed’s ‘soft-landing’ hopes
By Howard Schneider WASHINGTON (Reuters) – Key U.S. jobs data began approaching pre-pandemic levels in July, a sign of the sort of employment market cooling Federal Reserve officials hope can lower inflation…
San Francisco Fed’s chief of supervision to retire
(Reuters) – Azher Abbasi, head of supervision at the San Francisco Federal Reserve, will retire at the end of October, the bank’s spokesperson said on Monday. Abbasi will be succeeded by Niel…
Fed’s Mester sees another rate hike, says rate cuts may have to wait
By Ann Saphir and Howard Schneider JACKSON HOLE, WYOMING (Reuters) – Beating inflation will probably require one more U.S. interest-rate hike and then going on hold for “a while,” Cleveland Federal Reserve…
Strong US data makes ‘reacceleration scenario’ possible, Fed’s Barkin says
By Howard Schneider DANVILLE, Virginia (Reuters) – The Federal Reserve must be open to the possibility that the economy will begin to reaccelerate rather than slow, with potential implications for the U.S.…
Fed’s long-term GDP outlook is dismal; the economy hasn’t got the message yet
By Howard Schneider WASHINGTON (Reuters) – After puzzling for years over the sluggish U.S. rebound from the 2007-2009 recession, the Federal Reserve had a reckoning at its policy meeting in September of…
Fed’s Bowman says more US rate hikes likely will be needed
(Reuters) – The U.S. Federal Reserve will likely need to raise interest rates further to bring down inflation, Governor Michelle Bowman said on Saturday. Bowman said she supported the Fed’s quarter-point increase…
Fed’s Barkin: Inflation still too high, hopes recent data is ‘a sign’
(Reuters) – U.S. inflation remains too high, although recent readings showing price pressures have eased notably were welcome, Richmond Federal Reserve President Thomas Barkin said on Thursday. “Certainly, last month’s inflation read…
Kansas City Fed’s new chief is a veteran banking executive
By Ann Saphir (Reuters) -After more than a year of search, the Kansas City Federal Reserve Bank has a new leader: Jeffrey Schmid, a former banking executive who ran three different financial…
Clock on the Fed’s ‘soft landing’ may already be ticking
By Howard Schneider WASHINGTON (Reuters) – Throughout the Federal Reserve’s drive to kill inflation, policymakers have focused on raising the benchmark overnight interest rate high enough to do the job and getting…
Philippines need not match Fed’s 25 bps hike – finance minister
MANILA (Reuters) – The Philippines’ finance minister said monetary authorities have room to pause on rate hikes in August despite a recent policy tightening by the U.S. Federal Reserve. “I do not…
Fed’s Powell: A September rate rise is possible if data warrants action
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chairman Jerome Powell said Wednesday at a press conference it’s possible the central bank will follow its latest rate rise with another…
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