Sean “Diddy” Combs owes nearly $100 million in mortgage payments on a trio of mansions in Los Angeles and Miami that were raided by federal agents this week, according to a report. The embattled rapper took out eight bank loans, totaling a whopping $140 million, to pay for the sprawling properties, the Daily Mail reported. … Read more
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“Just like we do research with corn, wheat, soybean, getting these plants to be more efficient in taking up nutrients—nitrogen, phosphorus, potassium—well, there needs to be this research that goes into understanding the mechanisms of metal hyperaccumulation,” says McNear. “And then enhancing that, whether it be through gene editing or whatever.” ARPA-E is eying a … Read more
Two men have been indicted on federal charges for blowing up a woman’s home in Richmond Hill, Georgia, and allegedly hatching a strange plot to unleash a python on the home to eat the woman’s daughter. Stephen Glosser and Caleb Kinsey are charged with creating “a plan to kill, intimidate, harass, or injure” their victim, … Read more
The mother of a 14-year-old was among several passengers who intervened when a woman started rubbing her daughter’s head and leg on a Breeze Airways flight, according to federal prosecutors. While sitting next to the teen, Susan Holliday not only rubbed the girl, but “also placed the child’s hand on (her) chest” during the May … Read more
A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 13, 2023. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets … Read more
Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, D.C., on Friday, Sept. 23, 2022. Al Drago | Bloomberg | Getty Images Federal Reserve Governor Christopher Waller said Thursday he will need to see more evidence that inflation is cooling before he is willing to support interest rate cuts. … Read more
While everyone’s been focused on accelerating the adoption of electric vehicles to cut carbon emissions, a technological hero has been rapidly ascending under the radar: the heat pump. Instead of burning natural gas or coal to produce heat, this fully electric device extracts warmth from outdoor air—even when it’s freezing outside—and pumps it inside to … Read more
Image: Jaap Arriens (Getty Images) The Federal Trade Commission isn’t happy with the outcome of Microsoft’s $68.7 billion acquisition of Activision Blizzard, telling a court on Wednesday that Microsoft’s recent layoffs contradict promises it made to get the merger approved. Warning! Microsoft Wants ChatGPT to Control Robots Next In a letter to the clerk of … Read more
Raphael Bostic at Jackson Hole, Wyoming David A. Grogan | CNBC Atlanta Federal Reserve President Raphael Bostic expects policymakers to start cutting rates in the third quarter of this year, saying Thursday that inflation is well on its way back to the central bank’s goal. Bostic, a voting member this year on the rate-setting Federal … Read more
Federal Reserve Governor Christopher Waller acknowledged Tuesday that interest rate cuts are likely this year, but said the central bank can take its time relaxing monetary policy. The comments, delivered during a speech in Washington, D.C., seemed to counter market anticipation for aggressive easing this year. “As long as inflation doesn’t rebound and stay elevated, … Read more