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...Joe Lewis, the British billionaire whose family owns Tottenham Hotspur football club, will avoid being sent to prison for insider trading, after a federal judge in Manhattan agreed on Thursday to sentence...
...The sentence handed down on Thursday by Judge Lewis Kaplan in Manhattan federal court caps the swift and dramatic downfall of a figure who was once one of the most prominent faces in the crypto industry....
...They had asked the judge to refrain from sentencing him to any prison time, while the government had asked the judge to impose the maximum 60 months....
...[MUSIC PLAYING] A judge sentenced Sam Bankman-Fried to 25 years in prison yesterday....
...The FT’s Washington bureau chief, James Politi, and deputy Washington bureau chief, Lauren Fedor, join this week’s Swamp Notes to discuss what a second Trump White House would look like....
...year-old, who was found guilty on seven counts of fraud and money laundering last year, knew his actions were wrong, and “knew it was criminal”, Judge Lewis Kaplan said at Thursday’s hearing in Manhattan federal...
...The Bureau of Land Management said on Friday it had finalised a rule that would raise royalty rates companies must pay the government as well as increase the minimum bond associated with the clean-up of...
...“This action is the first in an ongoing collaborative effort with the US Department of Justice, Federal Bureau of Investigation, and our international partners targeting LockBit,” the Treasury said....
...But stood in a Manhattan courtroom on Thursday, head of curly hair bowed, the one-time master of persuasion failed to win over the person who, in that moment, mattered most: a federal judge who would soon...
...In October, the Federal Trade Commission proposed a rule to bar companies from showing consumers one price — for a concert ticket or hotel room, for example — only to inflate the final cost of the purchase...
...Wall Street stocks opened higher on Thursday, after jobless claims data boosted traders’ confidence that the Federal Reserve will start cutting interest rates this year....
...The Bureau of Labor Statistics also said on Wednesday that core inflation, which excludes changes in food and energy costs, remained at 3.8 per cent....
...Powell said Friday’s Bureau of Economic Analysis report, combined with other recent data, showed that the path towards the 2 per cent target was “sometimes bumpy”....
Agency director Christopher Wray says Beijing’s hacking operations have reached a ‘fever pitch’
...The Bureau of Land Management said on Friday it had finalised a rule to raise the royalties drillers must pay to the government for the first time since 1920 and the bonds needed to cover the cost of clean-ups...
...The Federal Reserve’s preferred inflation gauge, the core personal consumption expenditures price index, is due on Friday....
...The yen fell 0.7 per cent beyond ¥154 per dollar for the first time since 1990, as traders slightly scaled back their bets on rapid rate cuts from the Federal Reserve, strengthening the dollar....
...Thursday’s figures from the Bureau of Economic Analysis are separate to the US’s consumer price index, which rose 3.1 per cent in the year to January....
...Sales fell to an annualised rate of 662,000 in February, the Census Bureau said on Monday....
...US inflation unexpectedly increased to 3.2 per cent last month, highlighting the challenge faced by the Federal Reserve in the “last mile” of its fight against rising prices....
...Cohen, who publicly split with Trump at the same time, was sentenced to three years in prison, and was subsequently found guilty of lying to Congress....
...US stocks started the week on the back foot, ahead of important consumer inflation data that is expected to influence the Federal Reserve’s plans on when to begin cutting interest rates....
...Since the Fed’s last meeting, the Bureau of Labor Statistics reported that consumer prices rose 3.1 per cent in the year to January, a fall from 3.4 per cent in December — but a smaller improvement in the...
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