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US hacker stole cryptocurrency, scammed influencers and avoided the feds — until he crossed his partners
The 22-year-old hacker pleaded guilty to federal identity theft charges in May and was sentenced to two years in prison
The U.S. job market will continue to feel the effects of COVID-19, but it is too soon to say it is "stalling," San Francisco Federal Reserve President Mary Daly said on Sunday.
WASHINGTON: U.S. Federal Reserve Chair Jerome Powell on Thursday promised to redouble efforts to find "diverse candidates" to replace two high-profile officials who resigned this week after criticism of their securities trading, as the central bank tried to regroup from a blow to its typically staid, technocratic image.
Omi in a Hellcat, was named in a 62-count indictment charging him as the alleged ringleader in operating the streaming service, copyright infringement, wire fraud, tax evasion and other felonies related to the lucrative business he built.
WASHINGTON: U.S. Federal Reserve Chair Jerome Powell said on Wednesday he was displeased with the active investing carried out by two Fed regional bank presidents and pledged the central bank's ethics rules will be tightened after a thorough review.
Media reports this week that two of the Federal Reserve's 12 regional bank presidents were active traders has some of the central bank's most vocal critics questioning the rules that allowed them to engage in the transactions in the first place.
WASHINGTON: Two Federal Reserve officials said on Thursday they would sell their individual stock holdings by the end of the month to address the appearance of conflicts of interest.
WASHINGTON: Federal Reserve Chair Jerome Powell on Friday pushed back against concerns that swiftly rising prices could become an enduring feature of the economy, forcing the U.S. central bank to raise interest rates and cut short the recovery.
NEW YORK: Wall Street stocks soared while U.S. Treasury yields fell on Friday after Federal Reserve Chair Jerome Powell indicated the U.S. central bank could begin scaling back its bond buying program by year-end but did not give a firm timeline.
HONG KONG (AFP): Asian markets mostly rose Friday (Aug 27) ahead of a much-anticipated speech by Federal Reserve chief Jerome Powell on plans for tapering monetary policy with some top bank officials calling for a move within months.