The Federal Reserve on Tuesday voted to scrap a near-$2 trillion asset cap imposed on Wells Fargo over a 2016 scandal that uncovered millions of fake accounts and other consumer abuses. The decision closes the door on a decade of regulatory woes for the nation’s fourth-largest lender and is a major victory for Wells Fargo CEO Charlie Scharf — allowing the bank to pursue growth by boosting loans, stepping up its Wall Street business and doing deals. Scharf was hired in 2019 to clean up the mess after the firm was hit by billions of dollars in fines. The Fed…
Feds charge U-M student from China with voting illegally, fleeing US
Lori Harvey is so ready for summer. Harvey, 28, showed off her figure via Instagram on Monday, June 2, while soaking up the sun on a yacht. For her seaside adventure, Harvey slayed in a shimmery bikini top featuring triangle cups adorned with stylish ruching and halter straps. Lori, who…
Sen. Bernie Sanders (I-Vt.) is getting blunt about why Kamala Harris lost the 2024 presidential election.While speaking to BBC Radio 4 during the London leg of his “Fighting Oligarchy” tour, the two-time presidential candidate said it was wrong to pin Harris’ defeat on then-President Joe Biden’s late retreat from the…
WASHINGTON — President Trump has given countries a Wednesday deadline to make their best offers on trade — with the White House calling it a “deadline” to submit offers to avoid massive reciprocal tariffs due to take effect on July 8. The office of the US Trade Representative Jamieson Greer…
Opposition leader Lee Jae-myung will be South Korea’s next president following a snap election, with official results showing him well ahead of his main rival who conceded defeat early Wednesday morning.Kim Moon-soo, of the ruling conservative People Power Party, conceded the race to Lee in a speech, congratulating him on…
NEED TO KNOW During a June 2 appearance on The Late Show with Stephen Colbert, Jean Smart recalled a fashion faux pas that she made while meeting with her son’s college counselorShe said that she wore a pair of pants, which she later realized featured embroidered images of “a naked…
Have an upcoming event to highlight? Send details a month in advance to cleach@herald-leader.com, or list your event at kentucky.com/events.Between the return of WWE to Lexington, the Bluegrass Fair and local festivals, there are plenty of events to add to the calendar for June.Here is a summary of events you…
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A real ache-ievement! Duke University researchers have devised a promising, potent pain reliever — seemingly without the harmful side effects and addictive highs of opioids. While opioids interact with numerous cellular pathways, the experimental drug is more selective. SBI-810 targets a receptor in the brain and spinal cord, activating a…
The Knicks shockingly fired Tom Thibodeau on Tuesday afternoon, just a few days after the coach guided the franchise to its first conference in 25 years. Here’s a list of six candidates who might replace him: Johnnie Bryant Served as the associate head coach under Thibodeau for four years and…
Jenna Johnson is spilling some behind-the-scenes secrets of working on Dancing With the Stars. “Do you get paid more for winning?” Kelly Stafford asked Johnson, 31, on the Monday, June 2, episode of her and Hank Winchester’s “The Morning After” podcast. Johnson replied, “No,” before explaining, “Whoever makes it to…
With fears of a pending economic upheaval looming, many people are figuring out hacks to cut back on everyday spending. And they may have nailed these. And while going to the salon to get your nails done is not a necessity, there’s also no need to completely cut out the “treat yourself”…
Left-wing candidate Lee Jae Myung has won the presidential election in South Korea, with conservative rival Kim Moon Soo conceding defeat, Yonhap news agency reported on Tuesday.After counting almost all the votes, the opposition politician is clearly ahead of Kim, Yonhap reported.According to Yonhap, Lee was initially ahead with 48.4%…
As media giants grapple with rising interest rates, regulatory pressure, and tariff uncertainty, consolidation is on pause — at least for now. Starz sees opportunity in the chaos. The newly independent premium cable and streaming network is positioning itself to potentially acquire distressed assets and provide tech support to traditional…
Citigroup said Tuesday it was rolling back a 2018 policy that placed restrictions on providing banking services to retail clients selling firearms, citing recent regulatory developments. Since the Trump administration took office in January, US banks and regulators have come under scrutiny from lawmakers over allegations of denying services to certain industries or…
The Knicks are firing Tom Thibodeau in a shocking move to begin their offseason. The move comes on the heels of the Knicks making the Eastern Conference Finals for the first time in 25 years, a series they lost to the Pacers in six games. According to The Post’s Stefan…
Populist Karol Nawrocki, who is also President Donald Trump’s preferred candidate, has won Poland’s presidential election with a narrow lead of 50.89 percent, according to the final vote tally.Why It MattersRight-wing parties in Europe experienced a surge in support over the past couple years, starting with Geert Wilders’s victory in…
ANNAPOLIS, MD – Delaware head coach Ryan Carty during a game versus Navy on September 3, 2022 at … More Navy – Marine Corps Memorial Stadium. (Photo by Mark Goldman/Icon Sportswire via Getty Images)Icon Sportswire via Getty Images Delaware and Missouri State officially join Conference USA on July 1 and…
Below Deck‘s Kyle Stillie allegedly hooking up with a married guest while her husband was around caused lasting repercussions for the season — and a “thorough investigation” on board. During an exclusive interview with Us Weekly, Captain Kerry Titheradge confirmed that he took matters into his own hands once he…
SEOUL, South Korea (AP) — Liberal candidate Lee Jae-myung is forecast to win South Korea’s snap presidential election, a joint exit poll on Tuesday showed, two months after his archrival and then conservative President Yoon Suk Yeol was removed from office over his short-lived imposition of martial law.The exit poll by South Korea’s…
Elon Musk goes off on ‘big, beautiful bill’ days after leaving Trump admin: ‘Disgusting abomination’
WASHINGTON — Tech mogul Elon Musk went on a tirade Tuesday against President Trump’s marquee One Big Beautiful Bill Act days after leaving the administration — ripping the legislation as an “abomination” and condemning lawmakers who supported it. “I’m sorry, but I just can’t stand it anymore,” the Tesla and SpaceX…
Two of California’s Democratic hopefuls for the 2028 presidential election — former Vice President Kamala Harris and Gov. Gavin Newsom — were notably absent from the state’s 2025 Democratic convention.Minnesota Gov. Tim Walz, Harris’ former running mate from last year, was the headliner at the convention on Saturday.Walz, who is…
Cartier, the luxury jewelry company owned by Richemont, had its website hacked and some client data stolen, it told customers, according to an email seen by Reuters on Tuesday. The attack is the latest case of a company being targeted by cyber criminals, with several retailers including Marks & Spencer and Victoria’s…
Victoria’s Secret is postponing the release of its quarterly earnings following a security breach that disrupted the popular lingerie brand’s corporate operations and led it to take down its US shopping site for several days last week. In a Tuesday update, Victoria’s Secret said it first detected a “security incident involving its information technology…
In the face of eye-watering costs, long construction times and the Trump administration’s slashing of federal science funding, physicists have proposed a cheaper alternative to the next-generation of particle supercolliders — peering into black holes.Scientists initially hoped that the elusive particles that make up dark matter would be spat out…
Yankees promotions have brought two intriguing starting pitchers closer to the majors. The Yankees have bumped up Cam Schlittler and Carlos Lagrange one level, Schlittler rising to Triple-A Scranton/Wilkes-Barre and Lagrange to Double-A Somerset. Schlittler is now one step away from The Bronx after a strong 2024, a nice showing…
Sen. Bernie Sanders (I-Vt.) is getting blunt about why Kamala Harris lost the 2024 presidential election.While speaking to BBC Radio 4 during the London leg of his “Fighting Oligarchy” tour, the two-time presidential candidate said it was wrong to pin Harris’ defeat on then-President Joe Biden’s late retreat from the…
Us Weekly has affiliate partnerships. We receive compensation when you click on a link and make a purchase. Learn more! That jeans and T-shirt combination that you rock so well may be in need of an upgrade. Romantic blouses are the current trend, and they have a softer, more feminine…
Donald Trump came within six points of defeating Kamala Harris in New Jersey in 2024, the closest margin in more than 30 years. That performance has Republicans salivating about possibly taking the governor’s mansion in 2025. Republicans have recruited top GOP operatives and are preparing to spend big through dark money groups.If Democrats are serious…
WASHINGTON — Nationwide murder rates are on course to plummet for the third year in a row, with one prominent analyst saying 2025 could see the lowest number of per-capita killings on record. “Since President Trump took office, murder rates have plummeted across the entire United States,” White House press…
The White House plans to pressure foreign nations to submit their best trade offers by Wednesday as it rushes to clinch deals before a July deadline, according to a report. President Trump’s “reciprocal” tariff rates on foreign nations are scheduled to take effect July 8 after a three-month pause unless…
“AI is coming for your job.” You’ve probably been hearing this for months, or even years, but now it’s happening. Many questions remain unanswered – how will it happen? And what are the jobs AIs are already taking? Associate Professor of employment law at the University of Technology Sydney, Giuseppe Carabetta,…
Pamela Hemphill, a former supporter of President Donald Trump who served two months in prison for storming the Capitol on Jan. 6, 2021, has formally rejected the president’s pardon.Hemphill told USA TODAY that she filed documents to turn down the pardon earlier this year with the U.S. Department of Justice’s…
Iowa’s Republican senator says gutting Medicaid is no worry because “we all are going to die.” Voters seem to disagree. Ad Policy Senator Joni Ernst (R-IA) arrives for a Senate Armed Services Committee confirmation hearing on Tuesday, May 13, 2025.(Tom Williams / CQ-Roll Call, Inc via Getty Images) US Representative…
The White House wants to slash NASA’s budget and workforce and cancel a number of high-profile missions next year, newly released documents reveal.On May 2, the Trump administration released its 2026 “skinny budget” request, a broad summary of its funding plans for the coming fiscal year. That document proposed cutting…
If your alarm clock feels more like a suggestion than a wake-up call, you’re not alone. A recent study found that more than half of adults are habitual snoozers, hitting the button an average of 2.5 times to sneak in an extra 11 minutes of sleep. But that extra shut-eye…
As far as Brooke Rose is concerned, the journey is still unwritten for this Knicks team following their heartbreaking playoff ouster. One day after the Knicks fell to the Pacers in Game 6 of the Eastern Conference finals on Saturday, the daughter of Knicks president Leon Rose recapped the “special”…
Us Weekly has affiliate partnerships. We receive compensation when you click on a link and make a purchase. Learn more! No skincare routine is complete without sunscreen. Don’t believe Us? A-listers like Kyle Richards, Brooke Shields and Meghan Markle are among the famous faces who are serious about keeping their…
After half a year of political turmoil, uncertainty and division, South Koreans voted Tuesday for a new president to succeed Yoon Suk Yeol, the disgraced former leader who plunged the democratic nation into chaos by declaring martial law in December.Opposition leader Lee Jae-myung is projected to win, according to a…
The date has been set for foodies to order freshly made fare from acclaimed chefs like Michael Symon and Marcus Samuelsson — all from one Woodbridge restaurant.Wonder, a fast fine dining concept that offers food from award-winning restaurants across the country, is opening its first Middlesex County location at 10…
If taxpayers actually end up seeing a new, proposed tax break on the interest borrowers pay on car loans, at least some can claim it all started in the Motor City. President Donald Trump, who was running for his second term last year, dropped that car loan bombshell during his…
Early voting in New Jersey’s hotly contested gubernatorial primary began Tuesday, hours after President Trump held a tele-rally to boost GOP hopeful Jack Ciattarelli. The president bashed New Jersey as a “high-tax, high-crime sanctuary state” and hailed Ciattarelli, a former member of the Garden State’s General Assembly, as a “champion”…
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