A recent memo from the Federal Deposit Insurance Corp.’s internal watchdog revealed a failure to report allegations of senior officials’ misconduct promptly. The Inspector General, Jennifer Fain, highlighted this issue in a letter addressed to Chair Martin Gruenberg, shedding light on a longstanding probe into sexual abuse and harassment within the FDIC. The memo pointed
Politics
Former Malaysian Prime Minister Mahathir Mohamad has recently faced allegations of corruption, with Malaysia’s Anti-Corruption Commission initiating an investigation that involves his sons, Mirzan and Mokhzani. Despite this, Mahathir has vehemently denied any involvement in corrupt practices. In an interview with CNBC’s “Squawk Box Asia,” Mahathir stated that during his time in office, there was
The tragic death of Iranian President Ebrahim Raisi in a helicopter crash has left the nation in mourning. Thousands of people gathered in Tabriz to pay their respects and honor the fallen leader. The funeral ceremonies for President Raisi, along with others who lost their lives in the accident, were somber and emotional, with crowds
The recent helicopter crash that claimed the lives of Iranian President Ebrahim Raisi and Foreign Minister Hossein Amirabdollahian has thrown the country into a state of uncertainty. The tragic accident occurred while they were returning from Azerbaijan, highlighting the challenges faced by Iran, including economic decline, popular discontent, and ongoing conflicts in the region. As
The top-ranked golfer in the world, Scottie Scheffler, found himself at the center of a chaotic incident just outside the PGA Championship in Louisville, Kentucky. He was arrested and charged with felony assault on a police officer and reckless driving after a series of events unfolded early Friday morning. Despite these serious allegations, Scheffler was
A shocking case of corporate fraud has recently come to light involving a former diversity manager at Facebook and Nike. Barbara Furlow-Smiles, a Georgia resident, was sentenced to five years and three months in prison for stealing over $5 million from these companies that had been allocated for DEI initiatives. Furlow-Smiles, who was once a
Israeli Prime Minister Benjamin Netanyahu recently acknowledged the tensions between Israel and the U.S. regarding the military offensive in Rafah in the Gaza Strip. Despite the disagreements with the U.S., Netanyahu stood firm in his belief that the operation is necessary to ensure Israeli security. In an interview with CNBC’s Sara Eisen, Netanyahu emphasized the
In a shocking turn of events, the former president of the MGM Grand casino in Las Vegas, Scott Sibella, finds himself on the wrong side of the law. Sibella is facing sentencing for a federal criminal charge related to his failure to report millions of dollars in wagers by an illegal bookmaker at his casino.
The recent seizure of the Gaza Strip side of the Rafah border crossing by an Israeli tank brigade has intensified the conflict between Israel and Hamas in the southern city, despite ongoing cease-fire negotiations. This move signifies a significant escalation in the Israel-Hamas war, with both sides showing a willingness to take military action rather
President Xi Jinping of China is embarking on a rare visit to Paris, where he will meet with French President Emmanuel Macron. Macron is expected to address pressing issues such as trade imbalances and the ongoing conflict in Ukraine during their discussions. However, the challenge lies in convincing Xi to take meaningful action on these