Washington D.C.
Sam Bankman-Fried could face years in prison over FTX’s $32 billion meltdown — if the U.S. ever gets around to arresting him
FTX CEO Sam Bankman-Fried attends a press conference at the FTX Arena in downtown Miami on Friday, June 4, 2021. Matias J. Ocner | Miami Herald | Tribune News Service | Getty Images Sam Bankman-Fried, the disgraced former CEO of FTX — the bankrupt cryptocurrency exchange that was worth $32 billion a few weeks ago […]
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Washington Commanders accused of cheating ticket holders in DC attorney general lawsuit
The attorney general of Washington, D.C., sued the Washington Commanders on Thursday, alleging the team implemented a scheme that cheated District residents out of their deposits for season tickets and used the money for its own purposes. It is the second lawsuit brought forth by D.C. Attorney General Karl Racine in the past week. In […]
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Ohio reports third U.S. death of person with monkeypox who had underlying health conditions
A Northwell Health staff member holds the monkeypox vaccine, at Cherry Grove on Fire Island, New York, where monkey pox vaccines were administered on July 14, 2022. James Carbone | Newsday | Getty Images Health authorities in Ohio reported the death of an adult male who had monkeypox, the third fatality in the United States […]
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Comcast agrees to sell its majority stake in regional network NBC Sports Washington
Alex Ovechkin #8 of the Washington Capitals races up the ice with the puck during a game against the Toronto Maple Leafs at Capital One Arena on April 24, 2022 in Washington, D.C. John Mccreary | National Hockey League | Getty Images Comcast has agreed to sell its majority ownership stake in NBC Sports Washington, […]
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Top Federal Reserve officials say they misread inflation and now plan to correct the course
Top officials at the Federal Reserve were seeing inflation data come in very hot for months before policymakers moved to wind down monetary policies that were stimulating the economy. A chorus of analysts, economists and former policymakers have chimed in, saying that was a mistake. “The forward guidance, overall, slowed the response to the Fed […]
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Inside the PGA Tour’s Washington lobbying effort against the Saudi-funded LIV golf league
(L-R) Majed Al Sorour, CEO of Saudi Golf Federation, and Greg Norman, CEO and commissioner of LIV Golf, clap during the trophy ceremony during day three of the LIV Golf Invitational – Portland at Pumpkin Ridge Golf Club on July 2, 2022 in North Plains, Oregon. Jonathan Ferrey | LIV Golf | Getty Images Since […]
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Casino industry urges federal prosecutors to crack down on illegal operators
American casinos, gaming companies and lawmakers are calling on federal prosecutors to crack down on illegal offshore gambling sites that they say are evading consumer protection regulations. The push comes as sports gambling has quickly expanded in the U.S. in recent years, with more than 30 states and Washington D.C. allowing it. “What maybe at […]
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Apple CEO Tim Cook criticizes antitrust regulation, says some policies would hurt iPhone users
Tim Cook, chief executive officer of Apple, speaks at the 2019 Dreamforce conference in San Francisco on November 19, 2019. David Paul Morris | Bloomberg | Getty Images Apple CEO Tim Cook criticized pending antitrust regulation in the U.S. and Europe on Tuesday, saying that some of the proposed policies would hurt iPhone user privacy […]
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Developers are turning to master-planned communities to solve the housing affordability crisis
Americans who are short on cash to make rent may need to face an uncomfortable reality: Conditions will likely get worse before they get better. U.S. housing supply fell to the lowest levels observed in over 20 years, according to the National Association of Realtors. That’s dramatically pushing up prices for consumers, and catching the […]
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Vice President Kamala Harris set to tout corporate giants’ $4.7 billion pledge to minority-owned businesses based near Washington D.C.
Vice President Kamala Harris on Wednesday will join a group that includes leaders of corporate giants to promote a $4.7 billion commitment to boosting minority-owned businesses and underrepresented communities in Washington, D.C., and surrounding areas. Harris will speak at an event at Howard University where the Greater Washington Partnership, a nonprofit civic alliance, will unveil […]
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