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Month: April 2022

Investment firm head arrested on charges of multibillion-dollar fraud and racketeering

By Matt Egan, Kara Scannell and Mark Morales, CNN Federal agents arrested Archegos Capital Management founder Sung Kook “Bill” Hwang on Wednesday morning on fraud charges, roughly one year after the investment firm’s spectacular meltdown sent shock waves through Wall Street. Prosecutors are charging both Hwang and Patrick Halligan, the firm’s chief financial officer, with

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‘Perfect storm’ of disease ahead with vaccines delayed and measles cases up, WHO and UNICEF say

By Virginia Langmaid, CNN The World Health Organization and the United Nations International Children’s Emergency Fund warned of an increased risk of measles spread, with worldwide cases up nearly 80% so far in 2022 compared with 2021. “Almost 17,338 measles cases were reported worldwide in January and February 2022, compared to 9,665 during the first

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‘Perfect storm’ of disease ahead with vaccines delayed and measles cases up, WHO and UNICEF say

By Virginia Langmaid, CNN The World Health Organization and the United Nations International Children’s Emergency Fund warned of an increased risk of measles spread, with worldwide cases up nearly 80% so far in 2022 compared with 2021. “Almost 17,338 measles cases were reported worldwide in January and February 2022, compared to 9,665 during the first

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Kevin McCarthy defends remarks on leaked audio, telling Republicans foes trying to divide them

CNN By Manu Raju, Melanie Zanona and Lauren Fox, CNN At a closed-door Republican conference meeting Wednesday, House GOP Leader Kevin McCarthy gave a full-throated defense of his recently leaked comments where he expressed concern about far-right House Republicans inciting violence in the aftermath of the January 6 insurrection. The California Republican said Wednesday that

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Kevin McCarthy defends remarks on leaked audio, telling Republicans foes trying to divide them

By Manu Raju, Melanie Zanona and Lauren Fox, CNN At a closed-door Republican conference meeting Wednesday, House GOP Leader Kevin McCarthy gave a full-throated defense of his recently leaked comments where he expressed concern about far-right House Republicans inciting violence in the aftermath of the January 6 insurrection. The California Republican said Wednesday that the

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Disney’s self-governing district says Florida cannot dissolve it without paying off its debts

By Jamiel Lynch, Chris Boyette and Eric Levenson, CNN Disney’s self-governing special district, the Reedy Creek Improvement District, says that Florida’s move to dissolve the district next year is not legal unless the state pays off Reedy Creek’s extensive debts. Reedy Creek is a special purpose district created by state law in May 1967 that

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Rand Paul argues US should not have backed Ukraine’s NATO aspirations, citing Russia’s stated reasoning behind invasion

CNN By Kylie Atwood and Jennifer Hansler, CNN Secretary of State Antony Blinken forcefully pushed back Tuesday when Republican Sen. Rand Paul of Kentucky pointed out that Ukraine and Georgia were once part of the Soviet Union as Paul appeared to raise Moscow’s alleged rationale about the Russian invasion of Ukraine. “I firmly disagree with

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7 things you’re wasting money on

By Beth Braverman With inflation pushing the price of just about everything higher, it’s more important than ever to keep track of how you’re spending your money. Over time, however, even the most budget-conscious consumers may find themselves spending more than they need to on certain expenses. Here’s a look at seven common money traps

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