A 58-year-old former high school teacher is facing prison time after pleading guilty to looking for sex acts with a 16-year-old in California, federal officials said. In 2023, Sean Stevenson, a high school science teacher with University City High School in San Diego at the time, believed he was meeting with a 16-year-old to engage […]
Tag: Feds
Environmental groups sue feds over cows in Valles Caldera
Jun. 14—Errant cattle roaming the Valles Caldera National Preserve have spurred a lawsuit from three conservation groups that contend federal land and wildlife managers have failed to prevent the rogue cows from invading the park and encroaching on endangered species. The groups argue the U.S. Forest Service and U.S Fish and Wildlife Service have allowed […]
High school teacher tries to pay ‘premium’ for sex acts with California teen, feds say
A 58-year-old former high school teacher is facing prison time after pleading guilty to looking for sex acts with a 16-year-old in California, federal officials said. In 2023, Sean Stevenson, a high school science teacher with University City High School in San Diego at the time, believed he was meeting with a 16-year-old to engage […]
Should you open a savings account or CD before the Fed’s next meeting?
If you’re considering opening a new savings account or certificate of deposit (CD), knowing how the Fed’s decisions impact your interest earnings over time is key to making an informed decision about where to put your money. The Federal Open Market Committee (FOMC) held it’s latest meeting on June 11 and June 12. During this […]
Feds ramp up enforcement in drug-plagued Tenderloin
SAN FRANCISCO (KRON) — Law enforcement has increased its presence in San Francisco’s drug-plagued Tenderloin neighborhood in recent weeks, the United States District Attorney’s Office said. The additional activity is part of the “All Hands on Deck” initiative to curb drug dealing in the area. More officers will primarily be present at night. “All Hands […]
Fed’s $1 trillion pile of paper losses are turning into actual losses — with more in sight
The Federal Reserve’s own balance sheet is underwater — with no end in sight if it keeps interest rates higher for longer. – MarketWatch photo illustration/iStockphoto The Federal Reserve’s roughly $1 trillion pile of paper losses stemming from its underwater securities holdings have begun to turn into more than $100 billion in actual losses, with […]
Arizona man planned a mass shooting targeting African Americans at an Atlanta concert to incite a race war, feds say
An Arizona man planned a mass shooting targeting African Americans and other minorities at a rap concert in Atlanta in May, looking to incite a race war ahead of the presidential election, federal authorities said. Mark Adams Prieto was indicted by a federal grand jury Tuesday on charges of firearms trafficking, transfer of a firearm […]
Engine failure caused helicopter crash that killed 4 BCSO first responders. feds say
Jun. 12—Federal investigators say engine failure due to poor maintenance caused a helicopter crash nearly two years ago that claimed the lives of four Bernalillo County first responders. The men were returning to Albuquerque after conducting firefighting operations near Chapelle, which is south of Las Vegas, New Mexico, in July 2022 when the aircraft entered […]
Gun Nut Plotted to Shoot Up a Bad Bunny Concert to Start a ‘Race War,’ Feds Say
Department of Justice Mark Adams Prieto wasn’t the most clandestine about his plans to incite a race war, the FBI says. The 58-year-old, who was arrested last month, unknowingly blabbed to an FBI agent about his spine-chilling plan to shoot up a rap concert and even allegedly sold two automatic rifles to the agent on […]
Cool inflation reading unlikely to change Fed’s cautious stance on rates yet
A cooler-than-expected reading on inflation Wednesday was good news for Fed policy makers, but it isn’t likely enough to convince officials to cut interest rates just yet. The question it does raise for today’s Federal Open Market Committee meeting is whether the moderation influences some officials to reduce a prior estimate of three cuts for […]
The Fed’s next decision will likely mean Americans are going to wait a lot longer for any interest rate cuts
Jerome Powell, the chair of the Federal Reserve.Chip Somodevilla/Getty Images The Federal Reserve is likely to hold interest rates steady in its next decision on Wednesday. It follows a strong jobs report and still-high inflation. It’ll likely take longer for the Fed to cut interest rates given recent economic data. Americans shouldn’t expect interest rate […]
Feds want 10 years in prison for ex-Ald. Edward Burke, saying he was ‘no novice’ when it came to corruption
Federal prosecutors are asking for 10 years in prison for former Chicago Ald. Edward Burke, arguing in a lengthy filing late Monday that the 80-year-old Democratic machine stalwart was “steeped in corruption” and abused his office for personal gain for years. “Again and again, Burke used his significant political power to solicit and receive bribes […]