DIRS.INFO The most relevant business & tech news

☆ ‘Should have been done yesterday’: Rural, older Americans could get hurt as affordable internet program runs out of cash
▼ + stars: | 2024-04-29 | by ( Brian Fung | Jason Carroll | ) edition.cnn.com time to read: +14 min

But in just a few weeks, her internet bills, and those of other Americans like her, could skyrocket by hundreds of dollars a year. The program is heavily used by Americans over age 50, military veterans and low-income working families nationwide, according to FCC data. Amira Karaoud/Reuters/FileRural and older usersThe ACP has quickly gained adoption since Congress created the program in the 2021 bipartisan infrastructure law. Large swaths of the ACP’s user base trend older; Americans over 65 account for almost 20% of the program. The FCC’s Lifeline program, which dates to the Reagan administration, similarly gives low-income households a monthly discount on phone or internet service.

Persons: Cindy Westman, —, I’ll, ”, Westman, ’, Westman —, Gigi Sohn, “, Biden, Allison Bailey /, Cynthia George, George, ” George, Marc Veasey, They’re, Geoffrey Starks, “ It’s, ” Starks, Amira Karaoud, Walter Durham, I’m, ” Durham, Michelle McDonough, McDonough, she’ll, doesn’t, “ I’m, ” McDonough, Kamesha Scott, Louis, Megan Janicki, ” Janicki, Reagan, Mike Johnson, Blair Levin, Johnson didn’t, Levin, Jonathan Blaine, ” Blaine, they’re Organizations: CNN, Program, Social, Federal Communications Commission, FCC, Capitol, Getty, MSN, White, ” Texas Democratic, “, Comcast, ACP, Navy, American Library Association, Lifeline, Republicans, Republican, New, Research, ” Bills Locations: Eureka , Illinois, America, Dallas, Las Vegas, Kentucky, San Diego, United States, Maine, St, Vermont

The collective impact of higher rates across the economy could also weaken the government's own finances. With borrowing rates high and inflation still relatively elevated, consumers, who drive about 70% of economic growth, are expected to spend more cautiously. “Those tighter, higher rates will have an impact on the economy.”Financial analysts point to several reasons for the rapid increase in lending rates. Overseas buyers have reduced their purchases, thereby forcing rates higher to attract buyers. “All of that is driving these fears of higher rates, and no one knows when it’s going to stop,” said Gennadiy Goldberg, head of US rates strategy at TD Securities.

Persons: Kevin McCarthy, Goldman Sachs, Goldman, Freddie Mac, Loretta Mester, ” Mester, it’s, ”, Gennadiy Goldberg, Benson Durham, Piper Sandler, Durham, Jerome Powell, ‘, we’re, ’ ”, Nancy Vanden Houten, David Page Organizations: WASHINGTON, United Auto Workers, Representatives, Republican, Treasury, Federal Reserve Bank of Cleveland, ”, Fed, Treasury Department, TD Securities, Oxford Economics, AXA Locations: U.S, ’ ” Durham, London

☆ Opinion: Judge’s rejection of Hunter Biden’s plea deal vindicates Republicans
▼ + stars: | 2023-07-27 | by ( Opinion W. James Antle Iii | ) edition.cnn.com time to read: +8 min

On Wednesday, the GOP position on Hunter Biden received vindication from US District Judge Maryellen Noreika, who rejected an “unusual” plea bargain the Department of Justice had offered him. Noreika had been asked to approve to a plea deal that would have spared the president’s son prison. Hunter Biden is one reason Trump is able to survive, even thrive, under circumstances that would have felled almost any other candidate. But the voters who will decide the next GOP presidential nominee are not wrong in thinking that something about Hunter Biden’s treatment doesn’t sit right. Republican voters believe Hunter Biden is getting off with a slap on the wrist while their favored candidate is the one being hunted.

Persons: James Antle III, Hunter Biden’s, James Antle, Joe Biden’s, Donald Trump, Hunter Biden, Maryellen Noreika, Noreika, couldn’t, Joe Biden, wasn’t, Biden, he’s, It’s, Kevin McCarthy, Trump, Jack Smith, Ron DeSantis, Hunter, Hillary Clinton, John Durham, Durham, “, ” Durham, ”, Joseph Ziegler, David Weiss, Weiss, Nixon’s Organizations: Washington Examiner, CNN —, Republican, Republicans, GOP, of Justice, Trump, Democratic, Justice Department, Florida Gov, Intelligence, FBI, DOJ, IRS, CNN, Twitter, Facebook Locations: New York, Iowa, Hampshire, Russia, Trump

☆ US special counsel faults FBI's handling of 2016 Trump-Russia probe
▼ + stars: | 2023-05-15 | by ( Sarah N. Lynch | ) www.reuters.com time to read: +5 min

WASHINGTON (Reuters) -The FBI lacked “actual evidence” to investigate Donald Trump’s 2016 presidential campaign and relied too heavily on tips provided by Trump’s political opponents to fuel the probe, U.S. Special Counsel John Durham concluded in a report released on Monday. FILE PHOTO: U.S. Republican presidential nominee Donald Trump speaks at his final campaign event at the Devos Place in Grand Rapids, Michigan, U.S. November 8, 2016. That Crossfire Hurricane investigation would later be handed over to Special Counsel Robert Mueller, who in March 2019 concluded there was no evidence of a criminal conspiracy between Trump’s 2016 campaign and Russia. In his new 306-page report, Durham concluded that U.S. intelligence and law enforcement did not possess any “actual evidence” of collusion between Trump’s campaign and Russia prior to launching Crossfire Hurricane. He also accused the bureau of treating the 2016 Trump probe differently from other politically sensitive investigations, including several involving Trump’s Democratic rival Hillary Clinton.

☆ Special counsel John Durham concludes FBI never should have launched full Trump-Russia probe
▼ + stars: | 2023-05-15 | by ( Zachary Cohen Devan Cole Tierney Sneed Evan Perez Hannah Rabinowitz Jeremy Herb Marshall Cohen | Zachary Cohen | Devan Cole | ) edition.cnn.com time to read: +14 min

“Strzok, at a minimum, had pronounced hostile feelings toward Trump,” Durham wrote, while quoting in a footnote previously known texts between Strzok and Lisa Page, then an FBI attorney. Witness testimony exposed the FBI’s overreliance on the dossier as it sought court approval to wiretap a former Trump campaign adviser in 2016. Mixed results over 3+ yearsBarr tapped Durham in 2019 to review the origins of the Russia probe, and the scope of Durham’s work grew over the years. Former special counsel Robert Mueller’s investigation, which inherited the initial Russia probe, released a detailed accounting of Russia’s effort to interfere in the 2016 election. Mueller found no evidence of a conspiracy between the Trump campaign and Russia, but investigators documented numerous contacts between Trump associates and Russians.

☆ Takeaways from special counsel John Durham’s report on FBI’s Russia-Trump probe
▼ + stars: | 2023-05-15 | by ( Zachary Cohen | ) edition.cnn.com time to read: +8 min

CNN —Special counsel John Durham released his final report on Monday in which he casts doubt about the FBI’s decision to launch a full investigation into connections between Donald Trump’s campaign and Russia during the 2016 election. The report does not ultimately fulfill the expectations set by former President Trump and his allies who have long claimed that it would prove the FBI’s investigation was nothing more than a political witch hunt. That finding was at the core of Durham’s most scathing criticism of the FBI’s decision to launch a full investigation. “Strzok, at a minimum, had pronounced hostile feelings toward Trump,” Durham wrote, while quoting in a footnote previously known texts between Strzok and Lisa Page, then an FBI attorney. Witness testimony exposed the FBI’s overreliance on the dossier as it sought court approval to wiretap a former Trump campaign adviser in 2016.

☆ As Fed meeting looms, economists see central bank balance sheet in new light
▼ + stars: | 2023-03-22 | by ( Michael S. Derby | ) www.reuters.com time to read: +6 min

BIG NUMBERSFed numbers showed the speed of the shift to a new balance sheet reality. Fed holdings peaked at just shy of $9 trillion last summer. The details of Fed holdings matters greatly in terms of understanding Fed balance sheet dynamics, analysts say. Benson Durham, head of global policy at Piper Sandler, said the key is the composition and not the size of Fed holdings. One factor limiting economists’ interpretation of the balance sheet surge is the fluidity of the factors now driving it.

As in Danchenko’s trial, Durham failed to convict Sussmann of making false statements to the FBI. And therein lies the reason underlying Durham’s losing trial record. On Monday, during Durham’s closing argument against Danchenko, the special prosecutor made a point of rebuking the FBI’s 2016 investigation. The Hartford Courant reported her concern about “pressure from Barr ... to produce results before the election.”Durham, however, stuck with Barr. And Barr’s energetic attempts after Jan. 6 to rehabilitate his image cannot erase his sad final legacy as a Trump enabler.

☆ 'Atlanta,' 'P-Valley' and other shows giving Black South its due
▼ + stars: | 2022-09-18 | by ( Leah Asmelash | ) edition.cnn.com time to read: +9 min

And artists like Beyoncé and Megan Thee Stallion have incorporated Southern Black aesthetics into their fashion and music videos. “We’re now seeing some of the vividness and vibrancy that has always been a part of the South,” Durham said. But in these shows, the South and its characters refuse the bumpkin stereotypes and embrace all the aspects of the South. “There are whole ways in which we are having to reimagine Blackness in the South,” Durham said. “We’re actually invited to see what the experiences are of the people who produce the culture,” Durham said.

Search resuls for: "” Durham"

9 mentions found