US: Ex-FBI Director Andrew McCabe loses appeal to avoid criminal charges
From Newsmax The Justice Department on Thursday notified lawyers for former FBI Deputy Director Andrew McCabe, a frequent target of President Donald Trump’s wrath, that they have rejected his appeal to avoid being criminally charged, according to multiple news outlets citing…
Jeffrey Epstein has a steel safe in a room nobody can enter on his Caribbean island, ex-employee says
From The Week The size and provenance of his wealth and the intricacies of his alleged sex trafficking operation are not the only mysteries surrounding Jeffrey Epstein. There are questions about why he did not have to register as a sex offender in New Mexico, where he…
Credit card debt closed 2018 at a record $870 billion
From Newsmax U.S. credit card debt hit $870 billion — the largest amount ever — as of December 2018, according to the data from the Federal Reserve. Credit card balances rose by $26 billion from the prior quarter. ‘The increase…
US: FDA warns against using young people’s blood to halt aging
From Newsmax Taking a young person’s plasma and infusing it into an older person to ward off aging — a therapy that’s fascinated some of the biggest names in Silicon Valley — has no proven clinical benefit, the Food and…
Trump says Brexit deal could mean U.K. can’t trade with U.S.
From Newsmax President Donald Trump said U.K. Prime Minister Theresa May’s Brexit agreement could jeopardize the country’s ability to trade with the U.S. “Right now as the deal stands she may not — they may not be able to trade…
Greenspan touts Swedish model for entitlement spending
From Newsmax The U.S. could follow Sweden’s example to solve its problems with the welfare state, former Federal Reserve Chairman Alan Greenspan said. Greenspan, who argues in his latest book that the growth of spending on social benefits corresponds to…
Apple CEO Cook to reap $120 million from Trump Stock Rally
From Newsmax Apple Inc.’s Tim Cook is set to collect stock worth about $120 million this week thanks to a run-up in shares of the iPhone maker. On Friday, Cook stands to receive 280,000 shares tied to his continued service…
Americans are spending like crazy at restaurants
From Newsmax Spending at U.S. restaurants surged over the past three months by the most on record, making it both a bright spot for the economy and a risk if appetites for eating out return to normal. Sales at food-service…
Rupert Murdoch’s News Corp. falls most in 5 Years on Foxtel spending
From Newsmax Rupert Murdoch’s News Corp. fell the most in more than five years after the company said it will invest more in its Australian cable network. On an earnings call Thursday, Chief Financial Officer Susan Panuccio said there will…
US: Uber death elicits warning from union leery of robo-truckers
From Newsmax The largest union for U.S. truck drivers, which has taken a cautious view of autonomous vehicles, called for stronger safeguards after a self-driving SUV operated by Uber Technologies Inc. killed a pedestrian in Phoenix on Sunday. In a…