NEW YORK (AP) — Bitcoin is jumping again, setting another new high above $99,000. The cryptocurrency has been shattering records almost daily since the U.S. presidential election, and has rocketed more than 40% higher in just two weeks. It’s now at the doorstep of $100,000. Cryptocurrencies and related investments like crypto exchange-traded funds have rallied…… MORE
Supreme Court Steps Into Fight Over FCC’s $8 Billion Subsidies for Internet and Phone Services
WASHINGTON (AP) — The Supreme Court has stepped into a major legal fight over the $8 billion a year the federal government spends to subsidize phone and internet services in schools, libraries and rural areas, in a new test of federal regulatory power. The justices on Friday agreed to review an appellate ruling that struck…… MORE
Oil Company Phillips 66 Faces Federal Charges Related to Alleged Clean Water Act Violations
LOS ANGELES (AP) — Oil company Phillips 66 has been federally indicted in connection with alleged violations of the Clean Water Act in California. The Texas-based company is accused of discharging hundreds of thousands of gallons of industrial wastewater containing excessive amounts of oil and grease. The U.S. Department of Justice announced the indictment on…… MORE
Trump Chooses Pam Bondi for Attorney General Pick After Gaetz Withdraws
WASHINGTON (AP) — President-elect Donald Trump has named Pam Bondi, the former attorney general of Florida, to be U.S. attorney general just hours after his other choice, Matt Gaetz, withdrew his name. Bondi is a longtime Trump ally and was one of his lawyers during his first impeachment trial. She has been a chair at…… MORE
Matt Gaetz Withdraws Name for Attorney General
(WBAP/KLIF) — WASHINGTON (AP) — Matt Gaetz withdrew Thursday as President-elect Donald Trump’s pick for attorney general following continued scrutiny over a federal sex trafficking investigation that cast doubt on the former congressman’s ability to be confirmed as the nation’s chief federal law enforcement officer. The Florida Republican’s announcement came one day after meeting with…… MORE