BOA and Goldman push back Fed rate‑cut expectations on inflation risks, jobs data - The Business Times

Citi gives reality check to stock investors worried about inflation  thestreet.com

63 Arrested, Crypto Millions Frozen As FBI, DOJ Team Up With Meta, Coinbase And Starlink To Bust Scammers Authored by Naveen Athrappully via The Epoch Times, More than 1 million scam-related online accounts were taken down, and millions of dollars worth of cryptocurrency were frozen, as part of a crackdown on Southeast Asian scam networks. Scam center workers, many of whom were trafficked and forced to work for criminals, are guarded by Karen Border Guard troops in Myawaddy, Burma, on Feb. 26, 2025. Stringer/Reuters The crackdown operations, conducted by U.S. and international agencies led by the Department of Justice (DOJ), began on May 18, when the DOJ's Scam Center Strike Force brought together the FBI, Royal Thai Police, and law enforcement agencies from Canada, Australia, the United Kingdom, and New Zealand to identify and disrupt criminal sca

Fed Official Warns of Interest Rate Hike if Inflation Doesn’t Cool  Realtor.com

Communist Hasan Piker Blames "Homo-Fascism" After Scott Wiener Crushes His Preferred SF Candidate Far-left Turkish-American millionaire and Twitch streamer Hasan Piker lashed out during a Tuesday livestream after his friend, San Francisco congressional candidate Saikat Chakrabarti, was badly defeated in the primary race to succeed Nancy Pelosi. Chakrabarti, a former aide to the unhinged socialist NY Rep. Alexandria Ocasio-Cortez, spent $10 million of his own money but was polling around 15% with about half the vote counted.  Piker strangely blamed Chakrabarti's poor performance on San Francisco's urban layout and car dependency, despite the city's reputation for public transit. He then pivoted into attacking the city's affluent liberal voter base:  You know what it is? I know what it is. F**king car-reliant infrastructure. The more cars you have, the more chuddy the f**king city is. That's it. No public transit. No f**king people living close to one anot

Obamacare Fraud Estimated To Cost $25 Billion This Year: Report Authored by Lawrence Wilson via The Epoch Times, Taxpayers will foot the bill for up to $25 billion in improper Obamacare payments due to organized fraud and improper enrollments in 2026, according to a June 3 report from Paragon Health Institute. A pedestrian passes an insurance agency that offers Affordable Care Act plans in Miami, on Jan. 28, 2021. Joe Raedle/Getty Images Some 6.2 million enrollments in the healthcare exchanges during the most recent open-enrollment period were improper, the report said, accounting for 27 percent of all enrollments. The conservative think tank has studied fraud in the Obamacare program since 2024. The problem of improper enrollments persists despite recent attempts to curtail it, and appears to involve organized efforts by unscrupul

The article questions the relevance of Bitcoin and cryptocurrencies, which have seen a 50% decline, in the context of the current mania surrounding the semiconductor and IPO markets.