Run to Gold will be Unbelievable – David Morgan

By Greg Hunter’s USAWatchdog.com Precious metals analyst and financial writer David Morgan says we are very close to a bottom in silver. Morgan contends, “I am biased, but objectively, there is no cheaper hard asset out there than silver. I mean it is so undervalued. It’s unwanted, it’s unloved, it’s misunderstood and there are very … Read moreRun to Gold will be Unbelievable – David Morgan

WB projects India’s growth for FY19-20 at 7.5%

The Bank said India is estimated to have grown 7.2 per cent in fiscal year 2018/19, which ended March 31. A slowdown in government consumption was offset by solid investment, which benefitted from public infrastructure spending. It said India’s urban consumption was supported by a pickup in credit growth, whereas rural consumption was hindered by … Read moreWB projects India’s growth for FY19-20 at 7.5%

Justice Department Reaches Agreement with City of Eastpointe, Michigan, Under the Voting Rights Act

The Department of Justice announced today that it has entered into an agreement to settle a voting rights lawsuit with the City of Eastpointe, Michigan. The Department’s lawsuit challenges the method of electing the city council in Eastpointe under Section 2 of the Voting Rights Act. Under this agreement, the city will change its method … Read moreJustice Department Reaches Agreement with City of Eastpointe, Michigan, Under the Voting Rights Act

Former Supervisor at Louisiana Correctional Facility Sentenced for Role in Conspiracy to Violate Civil Rights of Inmates

A former captain at the Richwood Correctional Center was sentenced today in U.S. District Court in Monroe, Louisiana, for his role in a conspiracy to violate the civil rights of five inmates. Roderick Douglas, 38, of Monroe, Louisiana, previously pleaded guilty to conspiring with five other corrections officers to violate the Constitutional prohibition against cruel … Read moreFormer Supervisor at Louisiana Correctional Facility Sentenced for Role in Conspiracy to Violate Civil Rights of Inmates

Department of Justice Opens Review of ASCAP and BMI Consent Decrees

“The ASCAP and BMI decrees have been in existence in some form for over seventy-five years and have effectively regulated how musicians are compensated for the public performance of their musical creations,” said Makan Delrahim, Assistant Attorney General for the Antitrust Division.  “There have been many changes in the music industry during this time, and … Read moreDepartment of Justice Opens Review of ASCAP and BMI Consent Decrees

United States Intervenes In False Claims Act Lawsuit Against Drug Maker Mallinckrodt Alleging Illegal Kickbacks

The United States filed a complaint under the False Claims Act against Mallinckrodt ARD LLC, formerly known as Mallinckrodt ARD Inc. and previously Questcor Pharmaceuticals Inc., in the U.S. District Court for the Eastern District of Pennsylvania, the Department of Justice announced today. The government alleges that Mallinckrodt and Questcor (collectively Mallinckrodt) engaged in conduct … Read moreUnited States Intervenes In False Claims Act Lawsuit Against Drug Maker Mallinckrodt Alleging Illegal Kickbacks

Oral Roberts University to Pay Over $300,000 for Allegedly Violating Ban on Incentive Compensation

Oral Roberts University (ORU), based in Tulsa, Oklahoma, will pay $303,502 to resolve allegations under the False Claims Act of submitting false claims to the U.S. Department of Education in violation of the federal ban on incentive-based compensation, the Department of Justice announced. Please follow and like us:

US co to pay $1.1 mn in back wages to H-1B employees including Indians

An American employment service company has agreed to pay $1.1 million in back wages to nearly 600 H-1B employees, a large number of whom are highly-skilled Indian IT professionals. This follows an investigation by the Department of Labour’s Wage and Hour Division which found that Populus Group failed to pay H-1B employees required wages when … Read moreUS co to pay $1.1 mn in back wages to H-1B employees including Indians

Opioid Manufacturer Insys Therapeutics Agrees to Enter $225 Million Global Resolution of Criminal and Civil Investigations

Opioid manufacturer Insys Therapeutics agreed to a global resolution to settle the government’s separate criminal and civil investigations, the Department of Justice announced today. As part of the criminal resolution, Insys will enter into a deferred prosecution agreement with the government, Insys’s operating subsidiary will plead guilty to five counts of mail fraud, and the … Read moreOpioid Manufacturer Insys Therapeutics Agrees to Enter $225 Million Global Resolution of Criminal and Civil Investigations

Mortgage Stress Higher Post the Election

Digital Finance Analytics (DFA) has released the May 2019 mortgage stress and default analysis update.  Perhaps the rate cuts, rise to the minimum wage, and tax cuts ahead may turn the tide, but so far none of this matters for current household budgets. On the other hand more lending may make budgets even tighter if … Read moreMortgage Stress Higher Post the Election

Mortgage Stress Higher Post the Election

Digital Finance Analytics (DFA) has released the May 2019 mortgage stress and default analysis update.  Perhaps the rate cuts, rise to the minimum wage, and tax cuts ahead may turn the tide, but so far none of this matters for current household budgets. On the other hand more lending may make budgets even tighter if … Read moreMortgage Stress Higher Post the Election

Are Mexican Trade and Immigration Really Unconnected?

When the initial trade talks began that resulted in the original NAFTA, Mexico was included as a partner because of the cacophony of ardent voices who proclaimed that by dealing it in, the Mexican economy would be fundamentally altered by leveling the economic playing field among the three nations, and as a consequence we would … Read moreAre Mexican Trade and Immigration Really Unconnected?

Remarks by U.S. Commerce Secretary Wilbur L. Ross at the the Florida Chamber of Commerce, Miami International Airport

Remarks by U.S. Commerce Secretary Wilbur L. Ross at the the Florida Chamber of Commerce, Miami International Airport kcpullen@doc.gov Tue, 06/04/2019 – 17:32 Export and investment promotion AS PREPARED FOR DELIVERY Tuesday, June 4, 2019 Office of Public Affairs (202) 482-4883 publicaffairs@doc.gov Wilbur Ross Introduced by Ken Pyatt, Deputy Director of the Miami-Dade County Aviation … Read moreRemarks by U.S. Commerce Secretary Wilbur L. Ross at the the Florida Chamber of Commerce, Miami International Airport

Department of Commerce Releases Report on Critical Minerals

Department of Commerce Releases Report on Critical Minerals The Department Sets 24 Goals to Safeguard American Access to Crucial Commodities dkunkel@doc.gov Tue, 06/04/2019 – 16:32 Environmental data FOR IMMEDIATE RELEASE Tuesday, June 4, 2019 Office of Public Affairs (202) 482-4883 publicaffairs@doc.gov WASHINGTON – Today, the U.S. Department of Commerce released the interagency report that was … Read moreDepartment of Commerce Releases Report on Critical Minerals

Peter Morici: China is a renegade state

Excerpt: “In President Xi’s mind, China is riding the great arch of history to a place where it makes the rules, and supplicants like the Europeans, Americans and Asian neighbors adhere to its vision.” President Trump enjoys bipartisan support for his tough stand on China but Democrats and farm state Republicans indicate they could desert … Read morePeter Morici: China is a renegade state