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US   POLITICS  
Senate Armed Services chair: Trump should resume strikes on Iran
- The head of the Senate Armed Services Committee on Friday insisted President Donald Trump end the ceasefire against Iran and resume bombing the country, potentially inflaming a tense situation while the administration works towards a peace deal. (R-Miss.), frustrated with the negotiations between Tehran and Washington, said the president should not trust Iran's leaders to honor any agreement. "Our ...

Source: news.yahoo.com
US   POLITICS  
Soldier won $410K in Polymarket bets on timing of Maduro capture, US alleges
- It's like "Pete Rose betting on his own team," Trump says of arrested soldier. A US Army soldier was arrested for insider trading after being accused of making prediction-market wagers on the timing of the military's capture of Venezuelan President Nicolás Maduro. Army soldier Gannon Ken Van Dyke made a profit of nearly $410,000 by making bets on Polymarket, and he was indicted on charges of unlawful use of ...

Source: arstechnica.com
US   POLITICS  
Justice Department Drops Criminal Investigation into Fed
- By Colby Smith, Tony Romm and Alan Feuer The Justice Department, in a stunning reversal, announced Friday that it was dropping its criminal investigation into the Federal Reserve and its chair, Jerome Powell. The decision could clear the path for Kevin Warsh, President Donald Trump's pick to lead the central bank, to win confirmation. The decision came just two days after Jeanine Pirro, the U.S. attorney for the ...

Source: miamiherald.com
US   POLITICS  
Maine Gov. Mills Ripped for Veto of Landmark AI Data Center Moratorium
- Maine's Democratic Gov. Janet Mills is facing criticism from lawmakers and environmental groups after vetoing a bill that would have enacted the nation's first statewide moratorium on artificial intelligence data centers. The bill, LD 307, which passed both chambers of Maine's Legislature with bipartisan support earlier this month, would have stopped state and local governments from issuing permits for data centers ...

Source: commondreams.org
US   BUSINESS  
20,000 job cuts at Meta, Microsoft raise concern that AI-driven labor crisis is here
- Layoffs in the tech industry are increasing as companies that are spending the most on AI infrastructure are simultaneously cutting thousands of jobs. Meta said on Thursday that it's cutting 10% of its workforce, just as Microsoft announced that it's offering employee buyouts for the first time in its 51-year history. "This represents a fundamental structural shift rather than a temporary market correction," said ...

Source: cnbc.com
US   POLITICS  
DOJ aims to strip citizenship from hundreds of foreign-born Americans, sources say
- The Justice Department is targeting at least 300 foreign-born Americans to possibly revoke their citizenship as part of the Trump administration's effort to ramp up denaturalization, according to a person familiar with the investigations. A Justice Department official told NBC News the number was in the hundreds. NBC News previously reported that the Trump administration was dramatically expanding an effort to ...

Source: nbcnews.com
US  
Florida officials investigate planned 'Sloth World' attraction after 31 sloths die in warehouse
- Languorous tree dwellers from Guyana and Peru died from 'cold stun' in warehouse with no power or running water Wildlife officials in Florida said in a newly released report that dozens of sloths taken from South American rainforests for display at a controversial new tourist attraction in Orlando died in the care of their new owners. An incident report from the Florida fish and wildlife conservation commission ...

Source: theguardian.com
US   MARKETS  
The outlook for mortgage rates as DOJ clears Fed path for Warsh
- Welcome, + The DOJ's decision to drop its Fed renovation investigation removes a key obstacle to Kevin Warsh becoming chair. A more dovish tone could help, but FOMC votes, labor data and elevated oil prices will shape the 10-year yield and mortgage spreads.  AI Summary Jerome Powell's tenure as Federal Reserve chair is coming to an end as the Department of Justice (DOJ) has ended its investigation of alleged ...

Source: housingwire.com
US  
Tornado roars through Enid, Oklahoma, destroys homes, forces Air Force base to close
- A powerful tornado in Oklahoma on Thursday ripped roofs off buildings, destroyed homes, knocked down power poles and forced an Air Force base to close. The confirmed tornado moved across parts of Enid, a city of about 50,000 people in Garfield County near the state's northern border, according to the National Weather Service. Videos posted online show a rapidly rotating column of air touching down, along with ...

Source: cbsnews.com
US   POLITICS  
The FBI's alleged probe of a reporter for 'stalking' breaks new ground in criminalizing journalism
- In February,  The New York Times reported that FBI Director Kash Patel had assigned rotating SWAT teams to guard his girlfriend, country music singer Alexis Wilkins, as she traveled around the country. The article portrayed that use of FBI resources as highly unusual and ethically questionable. "If you want to be a celebrity or a social media star, get your own security," a former FBI official told the ...

Source: reason.com