JPMorgan Chase CEO Jamie Dimon on Thursday cautioned that markets are too optimistic about the odds of a soft landing as the U.S. economy continues to battle still-high inflation and interest rates. “The odds of a soft landing, the market kind of prices in 70%. I think it’s half of that,” Dimon said during an interview with The Wall Street Journal. “It looks a little bit more like the ’70s to me, and I point out to a lot of people, things looked pretty rosy in 1972 – they were not rosy in 1973.”At that time, unemployment and inflation were…

Last updated: April 25, 2024 23:41 EDT | 2 min read The US Federal Bureau of Investigation (FBI) has issued a warning to Americans regarding the use of crypto money-transmitting services that are not registered as Money Services Businesses (MSBs) in accordance with United States federal law. These laws, outlined in 31 USC § 5330 and 31 CFR §§ 1010 and 1022, mandate adherence to anti-money laundering requirements.FBI Urges Caution When Using Cryptocurrency Services Before using an unlicensed cryptocurrency service, the #FBI advises users to check whether the service is registered as a money-transmitting business with the U.S. Treasury Department. Learn…

While the NFL draft kicks off tonight in Detroit, Michigan, some draft picks have to consider how much they’ll have to pay in taxes – depending on the state they are drafted to.  Former Baltimore Ravens head coach Brian Billick previewed this year’s highly anticipated draft night, which is expected to generate an estimated $200 million for the city of Detroit. “The draft itself is incredible. You think there’s going to be probably close to 60 million people watching tonight. And this is a show about making a list. Probably on tonight’s draft itself is going to be about 15 million.…

Among the thousands of people lining up at the station for a ticket Thursday was Donna Porter-Mutchler, a tourist from Tennessee, who told NBC News she thought the charge was “a wonderful idea.”  “Venice deserves to be taken care of,” she said. “I think it’s more than worth it. I come here often, and I’ll pay every time.” While there will be no limits on the number of people who can register, officials hope the fee will put people off on days it applies. “We are not looking to collect money, tax people or introduce a police state,” Simone Venturini, Venice’s tourism councilor,…

Last updated: April 26, 2024 01:18 EDT | 1 min read Cboe plans to close its spot crypto trading platform by Q3, with cash-settled crypto futures moving to the Cboe Futures Exchange by 2025.Cboe also plans to streamline its digital asset operations, it said on Thursday. Its digital asset derivatives will be integrated into its broader Global Derivatives and Clearing business. Cboe stated these adjustments are part of a strategic evaluation, considering regulatory uncertainty in the digital asset market.Additionally, John Palmer, currently president at Cboe Digital, will head the company’s US derivatives market. He will report to Cathy Clay, executive…

Laurel Krause, the sister of an anti-war protester who was killed by law enforcement during the infamous 1970 Kent State University massacre, this week warned against the militarized police response to peaceful college campus demonstrations over Israel’s military offensive in Gaza.Inspired by Columbia University, whose students set up a “Gaza Solidarity Encampment” on campus while protesting the more than 200 days of war, a growing number of college students across the country are holding similar demonstrations at their schools. Participating students and organizers have said that the demonstrations are meant to center Israel’s ongoing violence against Palestinians, to call for…

Lawyers for an American believed to be held by the Taliban for nearly two years are asking a United Nations human rights investigator to intervene, citing what they say is cruel and inhumane treatment.Ryan Corbett was abducted Aug. 10, 2022, after returning to Afghanistan, where he and his family had been living at the time of the collapse of the U.S.-backed government there a year earlier. He arrived on a valid 12-month visa to pay and train staff as part of a business venture he led aimed at promoting Afghanistan’s private sector through consulting services and lending.AMERICAN NEARING 600 DAYS…

A Lufthansa flight from Frankfurt to Los Angeles had a “rough landing” earlier this week at Los Angeles International Airport (LAX), the airline confirmed.  The Boeing 747-8 was caught on camera Tuesday by LA-based Airline Videos Live, bouncing off the runway and attempting to land again before taking off, circling around the airport and then finally landing safely after its second attempt. “Whoa, whoa, whoa,” the video’s commentator said. “That is the roughest landing I think we have ever caught on our broadcast. Holy moly.” Flight LH 456 had 326 passengers and 19 crew members on board during what was referred…

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A Nevada couple were arrested Tuesday after authorities found their 11-year-old son with autism held in a metal cage, wearing only a diaper with feces smeared on its floor.Henderson police officers went to the boy’s home to conduct a wellness check at 10:15 a.m. Tuesday, when the Clark County School District asked for assistance with a “truancy issue” involving a student who had not been coming to school. Police said officers discovered the was “being contained within a large metal enclosure.” The residence also had “inhospitable living conditions,” police said. Misty Scanlan, 46, and Jeffery Scanlan, 41, were arrested and…

Last updated: April 25, 2024 20:09 EDT | 2 min read The United States Securities and Exchange Commission (SEC) initiated a new phase of discussions on April 24 regarding a proposed rule alteration for the trading of options on Bitcoin exchange-traded funds (ETFs) while also inviting public input on the matter.Multiple exchanges are looking to trade options on the newly approved spot bitcoin ETFs, though they have been met with delays. SEC Initiates Review of Bitcoin Options Trading Impact, Seeks Public FeedbackAs outlined in the filing, the SEC will investigate the potential impacts of introducing Bitcoin options trading on the broader market,…

The family of a transgender Florida woman who was found beaten to death is speaking out after Miami Beach police arrested her alleged killer.Gregory Fitzgerald Gibert, 53, was arrested and charged with second-degree murder in connection to the death of Andrea Doria Dos Passos, 37, who was identified by police as the victim who was found outside the Miami City Ballet Tuesday morning, according to a press release.According to an arrest affidavit obtained by HuffPost, a staff member of the Miami City Ballet located Dos Passos lying on her side near the main entrance of the building and attempted to…

Christian Richard (L) and Christine Quinn Axelle/Bauer-Griffin/FilmMagic/Getty Images Christine Quinn is looking to expedite her restraining order request after her estranged husband, Christian Richard, has allegedly been unresponsive. The Selling Sunset alum, 35, filed a request for alternate service of her court motion on Monday, April 22, claiming that Richard, 44, has been in hiding, according to court documents obtained by Us Weekly. “Respondent should be permitted to serve petitioner via an alternative method of service due to petitioner’s evasion of service of the domestic violence restraining order documents,” her motion reads. Quinn requested a temporary restraining order against Richard…

A Florida man’s hobby of allegedly pointing lasers directly at incoming aircraft was recently caught after a Jet Blue pilot experienced the blinding rays of a laser. The Tampa Police Department said in a press release that 47-year-old Douglas Sollenberger allegedly pointed lasers at more than 40 incoming flights at Tampa International Airport since Jan. 1.Police said the lasers posed a serious danger to both pilots and passengers.FLORIDA TEEN ARRESTED FOR ALLEGEDLY POINTING LASER AT SHERIFF’S HELICOPTER: ‘HE’S BLINDING OUR PILOT’ On Thursday, a Jet Blue pilot confirmed that he had been struck by the blinding light of a laser as…

On this day in history, April 26, 1865, President Abraham Lincoln’s assassin, John Wilkes Booth, was killed when Union soldiers tracked him down to a farm in Virginia 12 days after he fatally shot the president of the United States.On April 14, 1865, Booth, 26, an actor, shot Lincoln during a performance at Ford’s Theatre in Washington, D.C. Booth entered the state box of Ford’s Theatre, according to the National Park Service (NPS) archives — getting past a bodyguard to do so. ON THIS DAY IN HISTORY, APRIL 25, 1990, HUBBLE SPACE TELESCOPE PLACED IN ORBIT BY SPACE SHUTTLE DISCOVERY”It was then…