Billionaire bitcoin investor Michael Saylor and the company he founded, MicroStrategy, will pay $40 million to settle a tax fraud lawsuit brought by the Washington, D.C., attorney general, the AG’s office announced Monday. Between 2005 and 2021, Saylor allegedly evaded over $25 million in District of Columbia income taxes by posing as a resident of … Read more
Dinesh D’Souza attends the DC premiere of his film, “Death of a Nation,” at E Street Cinema on August 1, 2018 in Washington, DC. Shannon Finney | Getty Images WASHINGTON — The conservative gadfly Dinesh D’Souza’s film and book “2000 Mules,” which pushes false conspiracies about voter fraud in the 2020 presidential election, has been … Read more
New York: Federal Reserve officials earlier this month coalesced around a desire to hold interest rates higher for longer and “many” questioned whether policy was restrictive enough to bring inflation down to their target. Minutes from the two-day Federal Open Market Committee gathering ending May 1 showed that, while participants assessed that policy was “well … Read more
(L-R) J.D. Vance, a Republican candidate for U.S. Senate in Ohio, and Sen. Josh Hawley (R-MO) speak with reporters at a campaign rally on May 1, 2022 in Cuyahoga Falls, Ohio. Drew Angerer | Getty Images This reported column is Part Two of Eamon Javers’ two-part series on the new, conservative economic populism gaining ground … Read more
China’s President Xi Jinping (R) and Russia’s President Vladimir Putin attend the opening ceremony of the third Belt and Road Forum for International Cooperation at the Great Hall of the People in Beijing on October 18, 2023. Pedro Pardo | Afp | Getty Images Chinese leader Xi Jinping welcomed Russian President Vladimir Putin in Beijing … Read more
WASHINGTON (AP) — President Joe Biden is out to win votes by scoring some laughs at the expense of Donald Trump, unleashing mockery with the goal of getting under the former president’s thin skin and reminding the country of his blunders. Like a comic honing his routine, the Democratic president has been testing and expanding … Read more
WASHINGTON — When the Federal Trade Commission finalized a rule earlier this month banning non-compete clauses, the blowback was swift: Within 24 hours, the U.S. Chamber of Commerce led a handful of business groups to file a lawsuit seeking to block the ban. They argued that the FTC lacked the authority to impose it in … Read more
Lululemon is planning to shut down its Washington distribution center and lay off 128 employees after opening a massive new warehouse outside of Los Angeles, the company confirmed Friday. The athletic apparel retailer filed a WARN notice with the state’s Employment Security Department on Thursday, notifying it of its plans to close its distribution center … Read more
Zoom In IconArrows pointing outwards David Dwayne Cassady, inmate in Georgia. Courtesy: Georgia Department of Corrections A man serving a life sentence for kidnapping and other crimes while in a Georgia prison built two bombs which he mailed to a District of Columbia office building and the federal courthouse and building in Anchorage, Alaska, prosecutors … Read more
A judge in Washington banned the use of videos enhanced by artificial intelligence (AI) as evidence in the trial of a man who is accused of killing three people. The ruling, signed Friday by King County Superior Court Judge Leroy McCullough, may be the first-of-its-kind ruling in court as AI tech emerges. It was first … Read more
