Business

Major bitcoin hacker Lichtenstein gets five years in prison for crypto laundering scheme

Ilya Lichtenstein, who stole nearly 120,000 bitcoin in a 2016 hack of the Bitfinex exchange, was sentenced to five years in prison for money laundering. At the time of the hack, the stolen bitcoin was worth $70 million, but it’s now valued at $10.5 billion due to bitcoin’s price increase. Lichtenstein, along with his wife Heather Rhiannon Morgan, pleaded guilty in August 2023 after their … Continue reading Major bitcoin hacker Lichtenstein gets five years in prison for crypto laundering scheme

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Business

Powell says Fed will likely cut rates cautiously given persistent inflation pressures

Federal Reserve Chair Jerome Powell announced that the Fed will likely reduce interest rates slowly in the coming months, as inflation is still below the 2% target and the economy remains strong. While the Fed has already made some cuts, including a quarter-point reduction last week, Powell emphasized caution in future decisions. He also noted that inflation may remain slightly above the target in the … Continue reading Powell says Fed will likely cut rates cautiously given persistent inflation pressures

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Politics

Clashes, confusion and secrecy consume Harris campaign’s finances

Kamala Harris’ campaign, which raised a record $1.4 billion, is now facing financial struggles after its loss in the election. Despite running out of funds, the campaign continues to solicit donations, claiming the money will go toward supporting legal challenges and recounts. However, sources reveal significant internal frustration over the campaign’s lack of financial transparency and mismanagement, with reports of debt reaching millions. Discontent also … Continue reading Clashes, confusion and secrecy consume Harris campaign’s finances

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Politics

French prosecutors seek a 2-year prison sentence and ineligibility period against Marine Le Pen

Paris prosecutors have requested a two-year prison sentence and five-year ineligibility for Marine Le Pen, accusing her of embezzling European Parliament funds. The National Rally party and 25 of its officials are alleged to have misused EU funds intended for parliamentary aides between 2004 and 2016 to pay party staff. Prosecutors seek a €300,000 fine and additional penalties for Le Pen and other co-defendants. The … Continue reading French prosecutors seek a 2-year prison sentence and ineligibility period against Marine Le Pen

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Politics

Biden announces over $1.4 billion in funding for ‘climate change initiatives’

President Joe Biden announced over $1.4 billion in climate change funding as part of his administration’s “Investing in America” agenda. This includes $1.2 billion from the Department of Transportation to promote cleaner construction materials for transportation projects and $256 million from the Department of Agriculture for clean energy projects in rural areas. The funding is part of broader climate initiatives under the Inflation Reduction Act … Continue reading Biden announces over $1.4 billion in funding for ‘climate change initiatives’

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Politics

Democrats press Biden to protect executive branch from Trump’s return

Capitol Hill Democrats are urging President Biden to take aggressive unilateral actions in the final weeks of his administration to protect his policy achievements and safeguard federal agencies from Donald Trump’s planned restructuring. With Republicans in control of the House, Biden is seen as a critical safeguard against Trump’s promised “deep state” purge. Democrats are pushing for new executive orders, last-minute regulations, and funding allocation … Continue reading Democrats press Biden to protect executive branch from Trump’s return

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Politics

Trump Taps Robert F. Kennedy to Lead Health and Human Services Department

President-elect Donald Trump nominated Robert F. Kennedy Jr. to lead the Department of Health and Human Services (HHS). In his announcement, Trump praised Kennedy’s stance against the industrial food complex and pharmaceutical companies, promising a focus on transparency and restoring scientific integrity. Kennedy, known for his criticism of vaccines, fluoride in water, and processed foods, would oversee agencies like the CDC, FDA, and NIH. Trump’s … Continue reading Trump Taps Robert F. Kennedy to Lead Health and Human Services Department

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U.S. News

Secret Service agent fired for taking lover to Obama Hawaii home

A Secret Service agent assigned to Barack Obama’s security detail was fired for allegedly inviting his girlfriend to the former president’s Hawaii home and suggesting they have sex in Michelle Obama’s bathroom. The incident, detailed in a memoir by the girlfriend, Koryeah Dwanyen, occurred in November 2022 while the Obamas were away. Dwanyen claims the agent shared sensitive information about the Obamas and other high-profile … Continue reading Secret Service agent fired for taking lover to Obama Hawaii home

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U.S. News

The FBI says it stopped a possible terrorist attack in Houston

Federal authorities arrested Anas Said, 28, in Houston, thwarting a potential terrorist attack. Said is charged with attempting to provide material support to ISIS, allegedly creating propaganda, researching Houston synagogues and the Israeli Consulate, and expressing intent to attack U.S. military personnel. Said reportedly claimed he would commit a “9/11-style” attack if capable. The FBI noted his longstanding pro-ISIS activities since 2017, including attempts to … Continue reading The FBI says it stopped a possible terrorist attack in Houston

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U.S. News

Attorneys say accused shooter in 2022 July 4th parade shooting denied lawyer during police interview

Defense attorneys for Robert Crimo III, accused of killing seven and injuring dozens at a 2022 Independence Day parade in Highland Park, argue he was denied his right to legal representation during police interrogation. They seek to exclude his videotaped confession from the trial set for February. Prosecutors counter that Crimo was informed of his Miranda rights and willingly cooperated. The case has faced delays … Continue reading Attorneys say accused shooter in 2022 July 4th parade shooting denied lawyer during police interview

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U.S. News

New York to become first US city to have congestion charge

New York City will implement the U.S.’s first congestion charge on January 5, aiming to reduce traffic, cut pollution, and fund public transit. Governor Kathy Hochul announced reduced fees compared to earlier proposals: $9 for cars, $14.40 for small trucks, and $21.60 for larger vehicles entering Manhattan below 60th Street. The plan, paused earlier due to opposition, now faces criticism from incoming President Donald Trump … Continue reading New York to become first US city to have congestion charge

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U.S. News

Killings, stabbings, drugs: DoJ report paints damning picture of Atlanta jail

A federal investigation found that conditions at Atlanta’s Fulton County Jail violate constitutional and statutory rights, citing widespread violence, contraband, and neglect. The Department of Justice’s report highlights frequent killings, stabbings, and drug use, with jail staff sometimes complicit. The jail has seen over 1,000 assaults in 2023, including 314 stabbings, far exceeding rates in comparable facilities. Physical deterioration has enabled inmates to chisel through … Continue reading Killings, stabbings, drugs: DoJ report paints damning picture of Atlanta jail

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World News

Fifteen killed in Israeli strikes on Damascus, Syrian state media say

Fifteen people, including women and children, were killed and 16 injured in Israeli airstrikes on residential areas in Damascus and its outskirts, Syrian state media reported. The strikes, among the deadliest in months, targeted buildings in the Mezzah and Qudsaya areas. Israel claimed the attacks were aimed at Islamic Jihad’s command centers, while the group denied this, stating civilian sites were hit. Syria condemned the … Continue reading Fifteen killed in Israeli strikes on Damascus, Syrian state media say

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World News

Man kills self in explosions outside Brazil’s Supreme Court

A man detonated explosives outside Brazil’s Supreme Court in Brasília on Wednesday, killing himself and forcing an evacuation of justices and staff. Earlier, he had exploded a car in a Congress parking lot, causing no injuries. The suspect failed to breach the court before triggering two blasts. Authorities are investigating his identity and motives, with initial speculation pointing to a lone-wolf attack, CBS News has … Continue reading Man kills self in explosions outside Brazil’s Supreme Court

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World News

Thousands evacuated as parts of Spain hit with nearly a month’s rainfall in one hour

Severe storms and heavy rain have hit coastal Spain, forcing over 4,000 evacuations in Malaga just weeks after deadly floods in Valencia. Nearly a month’s worth of rain fell in an hour, flooding streets and homes, prompting red alerts in Andalusia and Catalonia. Rail services and events, including a Billie Jean King Cup match, were disrupted as authorities warned of river overflows and impassable roads, … Continue reading Thousands evacuated as parts of Spain hit with nearly a month’s rainfall in one hour

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World News

North Korea to mass produce self-detonating explosive drones, state media reports

North Korean leader Kim Jong Un has ordered the mass production of self-detonating drones after overseeing successful tests that destroyed targets, state media reported. Kim emphasized the growing global use of drones in warfare and called them essential for modern military strategy. This follows concerns about North Korea’s military ties with Russia, including reports of 10,000 North Korean troops aiding Russia in Ukraine, CNN has … Continue reading North Korea to mass produce self-detonating explosive drones, state media reports

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World News

South African authorities blockade illegal mine with 4,000 people inside

Over 4,000 illegal miners, or Zama Zamas, are trapped in a South African gold mine, many too weak to surface. Authorities have blocked entrances, recovering one body and arresting over 1,000 since the crackdown began. Minister Khumbudzo Ntshavheni insists the miners will be “smoked out” and arrested, drawing criticism for neglecting their right to life. Families and protesters demand help, while worsening underground conditions are … Continue reading South African authorities blockade illegal mine with 4,000 people inside

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Archaeology

5,000-year-old sacrificial site stuns archaeologists in Sweden. ‘Extremely unusual’

Archaeologists in southern Sweden have uncovered a 5,000-year-old sacrificial site in Hammar, revealing a 160-foot stone walkway and numerous offerings. The site, dating to the Neolithic period, was located at the edge of a marshy wetland, where people left items like pottery, wood, flint tools, and animal bones. The artifacts, well-preserved due to the wet conditions, include an antler billet, fishing hook, and leatherworking stylus. … Continue reading 5,000-year-old sacrificial site stuns archaeologists in Sweden. ‘Extremely unusual’

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Space

China reveals reusable cargo shuttle design for Tiangong space station

China has revealed the Haolong, a new reusable space shuttle designed to transport cargo to and from its Tiangong space station. Developed by the Chengdu Aircraft Design and Research Institute, the Haolong shuttle is part of a push for low-cost, reusable spacecraft that can return cargo to Earth, unlike the current Tianzhou spacecraft. The 32.8-foot shuttle will be launched by a rocket, land on a … Continue reading China reveals reusable cargo shuttle design for Tiangong space station

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Space

The sun’s poles may have powerful magnetic tornadoes

A new study suggests that the sun may have polar vortices similar to Earth’s tornadoes, but powered by magnetic fields instead of temperature differences. Using computer models, researchers from the U.S. National Science Foundation simulated these solar vortices, which form at 55 degrees latitude and move toward the poles. During solar maximum, when the vortices reach the poles, the sun’s magnetic field flips polarity. These … Continue reading The sun’s poles may have powerful magnetic tornadoes

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Space

Wind Blowing Out of Uranus Makes It Hard to Probe, NASA Complains

A new study suggests that a rare solar wind event during NASA’s 1986 Voyager 2 flyby of Uranus may have skewed our understanding of the planet. Researchers found that the intense solar wind compressed Uranus’ magnetosphere, temporarily altering its shape and plasma levels. This anomaly, which occurs less than 5% of the time, could mean that Voyager 2’s data doesn’t represent typical conditions on the … Continue reading Wind Blowing Out of Uranus Makes It Hard to Probe, NASA Complains

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Technology

China reveals unstoppable all-terrain robo-dog on wheels

China’s Deep Robotics has unveiled a bionic dog equipped with wheels, capable of performing impressive stunts and navigating rough terrain. The quadruped, designed to handle extreme weather, can speed down hills, jump over obstacles, and even climb stairs. It can also stand on two legs, perform backflips, and carry up to 20kg of supplies. Operating in temperatures from -20°C to 55°C, it’s waterproof and can … Continue reading China reveals unstoppable all-terrain robo-dog on wheels

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Business

GM recalls nearly 500,000 pickup trucks and SUVs

General Motors is recalling nearly 462,000 diesel-engine SUVs and pickup trucks in the U.S. due to a faulty transmission control valve that may cause rear wheel lockup, increasing the risk of a crash. Affected vehicles may experience harsh shifting, and in rare cases, the rear wheels could lock up. The recall covers 2020-2022 Chevrolet Silverado, GMC Sierra, Cadillac Escalade, and Chevrolet Tahoe models. GM will … Continue reading GM recalls nearly 500,000 pickup trucks and SUVs

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Business

Inflation hit a bump in October after slowing for six straight months

Inflation rose slightly in October, with consumer prices up 0.2% for the month and 2.6% compared to a year earlier, marking the first increase since March. Housing-related inflation contributed to half of the monthly rise, while energy prices were flat. Despite this, inflation has significantly eased from its peak of 9.1% in June 2022. Economists expect continued progress, with core inflation (excluding food and energy) … Continue reading Inflation hit a bump in October after slowing for six straight months

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Business

Amazon launches an online discount storefront to better compete with Shein and Temu

Amazon has launched a low-cost online storefront, Amazon Haul, offering electronics, apparel, and other products priced under $20, mainly under $10. The storefront, designed to compete with discount retailers like Shein and Temu, offers free delivery on orders over $25, with products shipped from China and arriving within one to two weeks. The items, including unbranded goods like phone cases and dresses, are aimed at … Continue reading Amazon launches an online discount storefront to better compete with Shein and Temu

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