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1 Article
Source: The Week

The mortgage pain point

Today 19:04 GMT

Here are three of the week's top pieces of financial advice, gathered from around the web:. The mortgage pain point Interest rates on the most common type of mortgage topped 5 percent last week for the first time since January 2011, said Wolf Richter at WolfStreet, and another point higher will hit the "pain threshold" for the housing market. Thirty-year fixed rates for "conforming loans" — mortgages for single family homes priced below $453,100, with a 20 percent down payment — are now at 5.05 percent, up from below 4 percent in 2016.

1 Article
Source: Common Domain

The FBI’s Crime Data: What Happens When States Don’t Fully Report

Saturday 04:15 GMT

“To fill in the gaps, the FBI used data that was most readily available to them—data on the same tape, either from the agency itself, inflating the available count to a 12-month estimate, or using similar agencies’ data.”

Using that measure, if a jurisdiction with a population of 150,000 reports two months or less of crime data while jurisdictions in the state with a similar population report 620.2 crimes per 100,000 people, the agency that didn’t fully report will be estimated to have had 930.3 crimes (620.2 x 150,000 / 100,000).

1 Article
Source: Washington Post

Paul Manafort to be sentenced Feb. 8 in federal court in Virginia

Saturday 10:50 GMT

Paul Manafort, President Trump’s onetime campaign chairman, is set to be sentenced Feb. 8 in Alexandria federal court on eight bank and tax fraud crimes.

The jury in Virginia found hid the money he made to avoid paying taxes and then lied to get loans when the political party collapsed and his funding dried up.

3 Articles
Source: Fox News

Nellie Ohr invokes spousal privilege to avoid questions on Steele dossier

Saturday 15:25 GMT

Nellie Ohr, the wife of Justice Department official Bruce Ohr, claimed spousal privilege on Friday in order to avoid certain questions from House Republicans about the controversial anti-Trump dossier.

While describing her as cooperative in the voluntary appearance, Republican and Democratic lawmakers told Fox News that Ohr took spousal privilege, which Republicans said did not allow them to get to core questions about the salacious dossier, and how it got into the hands of the FBI.

1 Article
Source: Fox News

Ex-FBI agent sentenced for leaking classified documents to reporter

Friday 15:27 GMT

A Minnesota judge on Thursday sentenced a former FBI agent to four years behind bars after the man reportedly confessed to giving classified defense documents to a reporter.

Prosecutors labeled Albury’s actions a betrayal of the public’s trust when he stole more than 70 documents, dozens of which were considered classified, The Associated Press reported. A “secret” document pertaining to how the bureau assesses confidential informants was reportedly among the records he provided to an online news organization.

1 Article
Source: Common Domain

Gold steadies amid limited dollar follow-through from hawkish Fed minutes

Friday 08:05 GMT

Gold settled lower on Wednesday and extended its decline in after-hours electronic trading as a benchmark U.S. dollar index climbed to fresh session highs shortly after the release of hawkish minutes from the Federal Reserve’s September monetary policy meeting.

Gold futures steadied in Thursday trading near the multimonth highs hit earlier this week, with moves in dollar trading subdued and cautious stock action propping up the precious metal.

1 Article
Source: The Guradian

White man who shot three black men during Hurricane Katrina pleads guilty

Friday 15:27 GMT

A man who shot and wounded three black men as they attempted to evacuate New Orleans during Hurricane Katrina has pleaded guilty to a hate crime, according to the Department of Justice on Thursday.

Roland Bourgeois Jr, who is white, will face five to 10 years in prison for the shooting which occurred in the chaotic aftermath of Katrina, and after which he allegedly shouted racial slurs and said: “Anything coming up this street darker than a brown paper bag is getting shot.” FBI special agent in charge Eric Rommal said of the federal investigation that led to the plea: “Even though these crimes and Hurricane Katrina occurred over 13 years ago, the FBI does not forget.”

2 Articles
Source: BBC

Russian charged with US election meddling

Saturday 20:54 GMT

The US government has charged a Russian woman for her role in a Kremlin-backed campaign to influence the US mid-term congressional elections next month.

FBI Director Christopher Wray said that the case "serves as a stark reminder to all Americans: Our foreign adversaries continue their efforts to interfere in our democracy by creating social and political division, spreading distrust in our political system, and advocating for the support or defeat of particular political candidates."

1 Article
Source: Fox News

Kennedy: Does Trump's 'Nickel Plan' go far enough?

Friday 04:15 GMT

Those beasts have to be tamed, but it will take brave, logical, and rare souls - who are routinely blocked from making meaningful moves - to pare down the sickening grab bag that's loaded with goodies that make politicians popular and countries very sick.

The President has good intentions with his new "nickel plan" that is challenging every federal agency to make a 5% budget cut, as spending cuts are a fantastic and necessary goal.

1 Article
Source: Fox News

FBI agents raid San Juan government offices as part of investigation into fraud, corruption

Friday 20:57 GMT

FBI agents this week raided the municipal offices in San Juan, Puerto Rico – rooting through documents and seizing digital records as part of a widespread investigation into fraud and obstruction of justice charges tied to the city government.

While FBI special agent Douglas Leff did not implicate Mayor Carmen Yulin Cruz in the raid, he did tell local media that “we are going to follow the investigation where it leads us.” Cruz tweeted Tuesday that she has instructed city officials to cooperate with federal authorities and said, “If someone has done something wrong, they should undergo due process and face the consequences of their actions.”

1 Article
Source: CBS News

NTSB denied full access to limo involved in crash that killed 20

Saturday 16:20 GMT

Federal safety investigators have been unable to conduct a full examination of the limousine involved in a crash that killed 20 people nearly two weeks ago in upstate New York because local prosecutors are probing it as part of their case against the limo company's operator.

The limo remains in the possession of New York State Police after the limousine company's operator was charged four days after the crash with criminally negligent homicide.

1 Article
Source: The Guradian

Justice department opens investigation into Catholic church in Pennsylvania

Friday 20:02 GMT

The US justice department (DoJ) has opened an investigation of child sexual abuse inside the Roman Catholic church in Pennsylvania, it emerged on Thursday, using subpoenas to demand confidential files and testimony from church leaders, according to two people familiar with the investigation.

The scandal blighted Pope Francis’s visit to Ireland last month and sparked a crisis in his leadership, while further weakening the Catholic church’s authority in the US and casting the deepest shadow over the institution since the Boston Globe’s Spotlight investigations team in 2002 uncovered widespread sexual abuse and cover-up by Catholic priests and their leaders in that region, which later inspired the Oscar-winning movie Spotlight.

2 Articles
Source: Fox News

House committees to interview Rosenstein behind closed doors about 'wire' comment

Friday 23:42 GMT

The top lawmakers on the House Judiciary and Oversight and Government Reform Committees plan to interview Deputy Attorney General Rod Rosenstein next week about reports that he once suggested wearing a "wire" to secretly record President Trump and discussed the possibility of invoking the 25th Amendment to remove the president from office.

Judiciary Chairman Bob Goodlatte, R-Va., and Oversight and Government Reform Committee Chairman Trey Gowdy, R-S.C., announced late Thursday that they and the top Democrats on both committees would interview Rosenstein on Oct. 24.

1 Article
Source: Fox News

Justice Dept. opens probe into child sex abuse in Pennsylvania clergy

Friday 20:02 GMT

The Justice Department has opened a probe to investigate child sexual abuse within Pennsylvania's Roman Catholic Church, the Archdiocese of Philadelphia confirmed to Fox News.

The Archdiocese of Erie confirmed it has received a subpoena from the Justice Department, and "its counsel is in conversation" with federal investigators. Hundreds of priests were said to have molested more than 1,000 children — and possibly many more — since the 1940s, and senior church officials allegedly covered up the abuse, according to the report.

1 Article
Source: CBS News

Feds subpoena Pennsylvania dioceses in Catholic clergy sex abuse investigation

Friday 20:02 GMT

 The Justice Department has issued subpoenas to at least five of the eight dioceses in Pennsylvania as part of a federal probe into child sexual abuse inside the Roman Catholic Church.

"It's groundbreaking if we're going to see one of the U.S. attorneys pursuing the Catholic cases," said Marci Hamilton, a University of Pennsylvania professor and chief executive of Child USA, a nonprofit think tank focused on preventing child abuse. "The federal government has so far been utterly silent on the Catholic cases."


“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte