Author: Press Room

CNN  —  Christina Bobb – the Trump attorney who signed a letter earlier this year inaccurately attesting that all classified material had been returned following a “diligent search” of Mar-a-Lago – spoke with federal investigators in recent days, according to a person familiar with the matter. Bobb, who is still representing former President Donald Trump in other matters and was on location when the FBI searched his property in August, is not deeply involved in the Mar-a-Lago case, the person said. NBC News was first to report that Bobb spoke with investigators. There is an ongoing Justice Department investigation into…

Anti-poverty advocates say the one-time inflation aid payments announced by provinces including Quebec and Newfoundland and Labrador are a missed opportunity to help those most in need. Doug Pawson, the executive director of Newfoundland-based anti-poverty group End Homelessness St. John’s, says that while every dollar handed out helps those living in poverty, the one-off payments don’t address people’s enduring needs.The Newfoundland and Labrador government announced last week it will send $500 cheques to all residents who made less than $100,000 last year, with those earning up to $125,000 getting smaller cheques.Dan Meades, the provincial co-ordinator of the Transition House Association…

Brand New Images | Stone | Getty ImagesA lousy stock market is often no reason for investors to cheer. But for the uber-rich, it may offer a route to lower estate taxes down the road.That’s because one type of trust gives them better odds of shifting some wealth to their children, grandchildren or other heirs tax-free when markets are down — but a subsequent rebound is expected, according to estate planners.A grantor-retained annuity trust — or “Grat”— facilitates tbenefit.In basic terms, the wealthy put assets like stocks in a privately held business into the trust for a specified time, maybe…

A 12-year-old boy from Virginia is honoring his late mother by filling “Joy Jars” for children who are battling cancer. Jerron Hoffman lost his mother, Kim Hoffman, to cancer in 2021. Now, in an effort to support and encourage young cancer patients who are struggling today, he teamed up with the Jessie Rees Foundation to stuff thousands of plastic jars with toys, games and items of clothing at Tysons Sport and Health in McLean, Virginia, this past Saturday morning. VIRGINIA 12-YEAR-OLD IS HELPING KIDS WITH CANCER AFTER LOSING HIS OWN MOM TO THE DISEASE”I thought of investing toward the cure or helping…

The president of the Los Angeles City Council resigned Monday after an audio recording of racist remarks surfaced.Nury Martinez apologized in a statement while announcing her resignation.“I take responsibility for what I said and there are no excuses for those comments. I’m so sorry,” she said.In comments during a meeting last year, Martinez likened a colleague’s son, Black and 2 years old at the time, to an animal and seemed to imply that the county’s progressive district attorney shouldn’t be supported because he may be popular with Black Angelenos.The 2021 audio from a political strategy meeting attended by a handful…

Poor mental health among U.S. teens and young adults was a problem before the pandemic, but over the course of the past few years, rates have been increasing: Almost half of high school students, 44%, said they felt persistently sad or hopeless during the past year, and more than a third, 37%, said they had poor mental health during the pandemic, according to an analysis of 2021 data from the U.S. Centers for Disease Control and Prevention.What’s more, there’s currently a national shortage of pediatric mental health providers, and many of the kids who are able to access care still…

Hello readers!The past few weeks in the UK have been a rollercoaster ride, economically. It’s not often that a “mini” Budget leads to the mortgage market melting down and the Bank of England having to step in with a £65bn measure to calm markets. (Owen Walker, Emma Dunkley and I got the inside view from lenders last week).I’ve also been looking at the small-to-medium enterprise market, an often underloved sector in terms of media attention (except when things are going very wrong, such as earlier in the year when there were fears of rising energy costs shutting down struggling pubs).…

The Impact Project presale has now raised just over $2.8 million, barely a week after it began. This figure is only the latest milestone passed by the decentralized carbon credit marketplace and green shopping platform, which crossed the $2 million mark within five days.Given how quickly the presale for the Impact Project’s IMPT token has progressed, it already stands as one of the most successful offerings of 2022, with the platform’s focus on the environment helping to attract ESG investors. Yet during a year in which a number of exciting new coins have gone on to surge after a healthy…

Hungary has said it will help build a pipeline to transport Russian crude to Serbia in an effort to ensure continued oil supply to Belgrade despite EU sanctions.Serbia gets its oil supply mainly via Croatia and the Adriatic Sea — a link that will be severed when the EU enforces a ban on Russian seaborne crude from December. However, Hungary will still receive Russian oil via the Druzhba pipeline, which is exempt from the EU ban.“The new oil pipeline would enable Serbia to be supplied with cheaper (Russian) crude oil, connecting to the Friendship oil pipeline,” Hungarian government spokesman Zoltán Kovács…

So much for a sleepy Columbus Day on Wall Street. Stocks weren’t doing much Monday morning but took a nasty – albeit brief – turn lower in the afternoon following stark comments from JPMorgan Chase CEO Jamie Dimon, who warned that the United States is likely to enter a recession within the next six to nine months. Dimon made the comments in an exclusive interview with CNBC that aired Monday. “You can’t talk about the economy without talking about stuff in the future…and this is serious stuff,” Dimon said in the CNBC interview. He added that he thinks Europe is…