U.S. credit card spending on luxury brands fell for a third consecutive month in September, declining six percent year-on-year following drops in July and August, according to retail lender Citi data. The slowdown reflects growing economic caution and political uncertainty ahead of the midterm elections, as rising Treasury yields and...
U.S. District Judge John Cronan in Manhattan authorized investment fund Mariner Atlantic Multi-Strategy LLC to subpoena payment records from the Federal Reserve Bank of New York and the Clearing House Interbank Payments System. The ruling supports a criminal complaint filed in Switzerland against iron ore trader Radiant World. Judge Cronan...
At the latest international climate summit, global leaders and scientific advisors issued an urgent warning that significantly stronger emissions reductions and financial commitments are required to prevent global temperatures from exceeding critical thresholds. Delegates emphasized that current national pledges fall short of the goals outlined in the Paris Agreement, as...
The Federal Aviation Administration (FAA), under the direction of Transportation Secretary Sean P. Duffy, announced a series of major proposals aimed at streamlining and simplifying commercial space launch and reentry regulations. The initiative introduces five key regulatory actions designed to reduce burdens on U.S. commercial space operators, including transitioning to...
Legendary shock rocker Alice Cooper has opened up about the grueling height of his substance addiction, reflecting on the years of heavy alcohol and crack cocaine abuse that nearly cost him his life and marriage before he achieved permanent sobriety in 1983. In recent biographical retrospectives and memoir excerpts, Cooper...
The Week 4 Thursday Night Football matchup between the Pittsburgh Steelers and the Cleveland Browns on Amazon Prime Video drew an average of 16.59 million viewers, marking the most-watched Week 4 game in the franchise's streaming history. The audience surged 19 percent compared to the comparable Week 4 game last...
A magnitude 5.5 earthquake struck the Aleneva, Alaska region on Tuesday at a depth of 87.3 kilometers, according to the United States Geological Survey. The seismic event was initially reported by federal monitors with an epicenter near Kokhanok before subsequent data revisions adjusted the location coordinates. Because of its intermediate...
English golfer Marco Penge has returned to Madrid to defend his Spanish Open title following a breakthrough season that reshaped his career. Last year's playoff victory earned Penge his first career appearance at the Masters under new qualification criteria for national open winners. The milestone win capped a stellar stretch...
The Trump administration has asked a federal judge to permit the Equal Employment Opportunity Commission to withhold substantial information regarding its employment and diversity probes into major United States law firms. In a court filing submitted in Washington, government lawyers argued that federal law protects the confidentiality of employer investigations,...
Lawyers for former U.S. Olympic canoeist David Hearn demanded independent inspector general investigations into the Lincoln Memorial Reflecting Pool renovation and his dismissed criminal case. Hearn was indicted on July 2 for allegedly vandalizing the pool liner during a rushed project ordered by President Donald Trump. Prosecutors dropped the case...
