Month: June 2022

Pelosi’s Office Responds After Texas Republican Says She ‘Pushed’ Daughter

The office of House Speaker Nancy Pelosi (D-Calif.) responded after a newly elected Republican lawmaker accused the speaker of pushing her young daughter. Rep. Mayra Flores (R-Texas), who was recently elected into Congress in a special election, claimed Pelosi nudged her daughter during a group photo. But a spokesman for Pelosi wrote in several Twitter…


3 Critically Injured in Bus Crash in El Segundo

EL SEGUNDO, Calif.—More than a dozen people were injured Monday, three of them critically, in a crash involving a City of Los Angeles commuter bus and a parked big rig in El Segundo. The crash occurred at around 8:25 a.m. in the 5600 block of West Imperial Highway, according to the Los Angeles Fire Department,…


Several Injured in Bus Crash in El Segundo

EL SEGUNDO, Calif.—More than a dozen people were injured Monday, at least two critically, in a crash involving a Los Angeles commuter bus and a parked big rig in the El Segundo area. The crash occurred around 8:25 a.m. in the 5600 block of West Imperial Highway, according to the Los Angeles Fire Department, which…


How Does Fed Chairman Powell View the Housing Market?

By Jeff Ostrowski From Bankrate.com The fate of the housing boom is on the minds of both homeowners and homebuyers these days. Will record home values lead to a crash reminiscent of the one that made the Great Recession so painful? Or will prices simply take a breather from their torrid pace of appreciation? No…


LAX Worker Gets 12 Months in Prison for Stealing Gold Bars

LOS ANGELES—A man who worked at Los Angeles International Airport (LAX) for a cargo-handling company was sentenced Monday to 12 months behind bars for stealing gold bars that were part of an international shipment. Marlon Moody, 39, of South Los Angeles, also was ordered to pay a $7,500 fine, according to the U.S. Attorney’s Office….


Public Reaction to Conflict With Officer Pressures Chinese Regime to Ease Restrictions

A conflict between a police officer and a father-daughter pair in northeastern China’s Dandong city angered the Chinese people. Under pressure from public opinion, the regime was forced to ease some of the restrictions in the city on June 24. Such a move is a big deal for a city that had been locked down…


Officer’s Dramatic Faked Injury Forces Chinese Regime to Ease Restrictions

A conflict between a police officer and a father-daughter pair in northeastern China’s Dandong city angered the Chinese people. Under pressure from public opinion, the regime was forced to ease some of the restrictions in the city on June 24. Such a move is a big deal for a city that had been locked down…


Oil Billionaire Blasts Biden’s Gas Price Blame Game, Says Only One Thing Will Fix Inflation

New York billionaire and refiner John Catsimatidis, who owns hundreds of gas stations, blasted President Joe Biden’s pinning the blame on high prices at the pump on gas station owners, arguing there’s only one solution for inflation—boosting production of crude. Catsimatidis made the remarks in an interview on Fox News on June 24, after being…


Goldman Sachs Analyst: ‘Incredibly Bullish’ on Oil, Upside Risk is ‘Tremendously High’

Oil prices are heading up in summer 2022 according to Goldman Sachs analyst Jeff Currie, who believes prices are being mainly driven by underinvestment in the sector. “The bottom line is the situation across the energy space is incredibly bullish right now. The pullback in prices we would view as a buying opportunity,” said Currie,…


Russian Superyacht Seized by US Arrives in San Diego Bay

SAN DIEGO—A $325 million superyacht seized by the United States from a sanctioned Russian oligarch arrived in San Diego Bay on Monday. The 348-foot-long Amadea flew an American flag as it sailed past the retired aircraft carrier USS Midway and under the Coronado Bridge. “After a transpacific journey of over 5,000 miles (8,047 kilometers), the…