The Securities and Exchange Commission (SEC) has awarded a whistleblower more than $114 million, the agency announced Thursday, its highest ever reward for information that led to a successful crackdown. The whistleblower was awarded $52 million for aiding the SEC and another $62 million for helping another unidentified agency with a related enforcement action.
President Donald Trump abruptly ended a solo interview with CBS News' "60 Minutes" Tuesday and did not return for an appearance he was supposed to tape with Vice President Mike Pence, according to multiple sources familiar with what happened. After camera crews set up at the White House on Monday, Trump sat down with host Lesley Stahl for about 45 minutes on Tuesday before he abruptly ended the interview and told the network he believed they had enough material to use, according to two sources.
The Trump administration has ordered the closure of Stars and Stripes, a newspaper that has served US armed forces since 1861, according to a Pentagon memo obtained by USA Today.
It may seem counterintuitive that a pandemic-fueled recession could lead to a bullish housing market. But a combination of trends has resulted in a buying frenzy.
The federal deficit is expected to reach a record $3.3 trillion this year, more than twice the largest level on record, but lower than earlier estimates, according to new Congressional Budget Office (CBO) projections.
Hackers have stepped up efforts to knock Trump campaign and business websites offline ahead of the U.S. election, in what a security firm working for the campaign said could be preparation for a larger digital assault, according to emails seen by Reuters.
The rightwing Fox News host Tucker Carlson has defended the actions of a 17-year-old who was arrested and charged with murder after two people were killed in Kenosha, Wisconsin, as white vigilante agitators shot at Black Lives Matter protesters.
MSNBC host Joe Scarborough had two words to describe Melania Trump’s speech at the Republican National Convention: “Absolutely shameless.”
Wall Street and business groups are bracing for the possibility of a blue sweep in Washington that would leave Democrats in charge of the White House and both chambers of Congress.
TikTok plans to sue the Trump administration as early as next week over the president’s executive order banning U.S. transactions with the popular video-sharing app and its Chinese parent ByteDance, the company confirmed.
The attorney general, William Barr, told Rupert Murdoch to “muzzle” Andrew Napolitano, a prominent Fox News personality who became a critic of Donald Trump, according to a new book about the rightwing TV network.
President Donald Trump on Wednesday promoted a boycott of Goodyear, angrily reacting to a viral company policy that banned employees from wearing “MAGA Attire.”
Tristan Spinski says people tried to break into his home after Carlson revealed his name over upcoming New York Times piece
Conservative pundit Bill Mitchell has been permanently suspended from Twitter, the social media platform confirmed to The Hill on Saturday.
Newsweek has apologised for an op-ed it published on Kamala Harris that carried disturbing parallels to the “birther” conspiracy theories directed at Barack Obama during his run for the presidency.
There are moments, as you make the 90-minute drive up the coast from Los Angeles to Montecito, where Prince Harry and Meghan have set up their new home, when you can almost imagine you are heading into an unspoilt wilderness.
From abhorrent claims that she isn’t really Black to reliving the Brett Kavanaugh hearings, conservative outlets pounced on Joe Biden’s running-mate pick.
Executives and employees at the nation’s biggest banks are giving a boost to former Vice President Joe Biden's campaign for the White House, despite economic policies under President Donald Trump that produced record profits for the industry.
Nine years after Steve Jobs stepped down and thrust Tim Cook to the top of Apple Inc., the company is more valuable than ever - and so is Cook.
A California judge has issued a preliminary injunction that will block Uber and Lyft from classifying their drivers as independent contractors rather than employees.
Nearly two dozen state attorneys general demanded Facebook do more to stop the spread of disinformation, discrimination and hate in an open letter on Wednesday, the latest volley in a growing campaign targeting the company’s civil rights record.
The New York Times’ digital revenue exceeded its print revenue for the first time in April, May and June, in the midst of the pandemic, the company reported in its second quarter numbers Wednesday.
Valued around $10.5 billion ahead of direct listing
As Palantir gears up for its stock market debut, the company has a long way to go to convince potential shareholders that it’s worth the $20 billion price tag that investors gave it almost five years ago. Palantir held a virtual event for investors on Wednesday. The company, whose software helps government agencies and large corporations make sense of vast amounts of data, also released an updated prospectus, indicating that the number of shares outstanding increased in the third quarter, to 1.64 billion from 1.53 billion in the prior period.
Employees may wear Black Lives Matter pins
American Airlines will permit its employees to wear Black Lives Matter pins while on the job, a spokesperson confirmed on Tuesday. Several Black employees of American Airlines asked if they could wear Black Lives Matter pins after seeing workers at other airlines wearing them. “In light of the appropriate attention to lives of Black Americans, we will allow team members who wish to wear a Black Lives Matter pin to do so if they choose,” American Airlines announced.
Failure to take down Kenosha militia group
Mark Zuckerberg acknowledged that Facebook failed to take down a page and event calling for an armed response to anti-police brutality protests in Kenosha, Wis., despite users reporting them. The Facebook CEO said during a Q&A with employees Friday that was later posted onto this public page that “it was largely an operational mistake. It's because the team that enforces our policy against dangerous organizations is a specialized team,” he explained.
U.S. consumer spending rose more slowly
U.S. consumers boosted their spending in July, but more slowly than in prior months as new coronavirus infections rose and the expiration of enhanced unemployment checks loomed. Spending numbers have come back more than the economy as a whole, with the help of a lot of fiscal support. The question going forward is as fiscal support wanes, to what extent will it weaken.” Personal-consumption expenditures, a measure of household spending on everything from haircuts to new cars, increased a seasonally adjusted 1.9% in July from the prior month, the Commerce Department said Friday.
Weekly jobless claims jump back above 1 million
The number of people filing for unemployment benefits last week was greater than expected, raising concern about the state of the economy as lawmakers struggle to move forward on a new coronavirus stimulus package. The Labor Department said initial jobless claims for the week ending Aug. 15 came in at 1.106 million. Economists polled by Dow Jones expected a total of 923,000. Initial claims for the previous week were also revised higher by 8,000 to 971,000. Last week’s spike in claims came as Democrats and Republicans struggle to move forward on a new coronavirus stimulus bill.