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Fed Raises Rates For Third Time In 2017 As U.S. Economy Chugs Along

(Source: www.forbes.com)

The Federal Reserve raised interest rates for the third time in 2017 on Wednesday, referencing an improving economy and labor market.

At the conclusion of the Federal Open Market Committee’s two-day meeting, policymakers hiked the benchmark interest rate 25 basis points to between 1.25% and 1.5%. 504 more words

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Mom, 43, Made Millions Per Month On Pot-Growing Operation, Police Say

SAN BERNARDINO (CBSLA)  — San Bernardino police busted a major marijuana grow operation Wednesday.

And officials say the drug kingpin behind the grow was actually a drug queen — and a mother from a ritzy Pacific Palisades neighborhood. 180 more words


Trump loves warrantless spying - on the people, not him - that is.

❝ The fight over a critical loophole in U.S. surveillance law may not be resolved in Congress before the year ends, but the Trump administration appears to have no qualms about keeping it open, even if the law expires…

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Feds shut down allegedly fraudulent cryptocurrency offering

(Source: arstechnica.com)

The Securities and Exchange Commission on Monday announced that it was taking action against an initial coin offering (ICO) that the SEC alleges is fraudulent. 484 more words


Feds seek 60-year prison sentence for Michigan sports doctor

DETROIT /December 1, 2017 (AP) (STL.News) —Federal prosecutors on Thursday asked for a 60-year prison sentence for a Michigan sports doctor who was caught with child pornography while under investigation for sexually assaulting female gymnasts.


World's Largest Torrent Site Down (Again) 

Yet again the most popular torrent site The Piratebay is down. The piratebay has been subject to being shut down multiple times before by the federal government. 72 more words


Can The Feds Nail The Fentanyl Billionaire?

(Source: www.forbes.com)

It may have been one of the most tasteless costumes ever. According to federal prosecutors, a video prepared for the 2015 national sales meeting of Insys Therapeutics, the maker of a fast-acting form of the narcotic fentanyl called Subsys, featured company vice president Alec Burlakoff dressed up as, well, Subsys, dancing to an altered version of a song by rapper A$AP Rocky. 1,020 more words

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