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WASHINGTON (AP) — U.S. government regulators charged eight social media influencers Wednesday in a $100 million fraud scheme in which they’re accused of promoting exchange-traded stocks, then selling their shares when prices rose. The Securities and Exchange Commission said that since at least early 2020, seven of the influencers promoted themselves as successful traders on Twitter and in Discord chat rooms and encouraged hundreds of thousands of their followers to […]

WASHINGTON (AP) — The Federal Reserve reinforced its inflation fight Wednesday by raising its key interest rate for the seventh time this year and signaling more hikes to come. But the Fed announced a smaller hike than it had in its past four meetings at a time when inflation is showing signs of easing. The Fed boosted its benchmark rate a half-point to a range of 4.25% to 4.5%, its […]

BOSTON (AP) — The Boston City Council voted Wednesday to form a task force to study how it can provide reparations for and other forms of atonement to Black Bostonians for the city’s role in slavery and its legacy of inequality. The unanimous vote means Boston now joins a conversation about reparations that is happening across the country from Providence, Rhode Island to California. Boston will be closely watched given […]

LIMA, Peru (AP) — Peru’s new government declared a 30-day national emergency on Wednesday amid violent protests following the ouster of President Pedro Castillo, suspending the rights of “personal security and freedom” across the Andean nation. “The National Police with the support of the Armed Forces will ensure the control throughout the national territory of personal property and, above all, strategic infrastructure and the safety and well-being of all Peruvians,” […]

KINSHASA, Congo (AP) — The number of people killed by widespread floods and landslides in Congo’s capital, Kinshasa, has climbed to more than 140, said the government on Wednesday. At least 12 others are still missing but the government is not optimistic anyone will be found alive. “There is no hope of finding survivors,” Minister of Health Lisa Nembalemba told The Associated Press by phone. The government has announced three […]

TALLAHASSEE, Fla. (AP) — Florida lawmakers are trying to fix in three days a home insurance problem that’s been stormy for three decades, debating legislation designed more to keep private insurers in the state than to immediately save property owners money. A massive bill seeking a $1 billion reinsurance fund, reduced litigation costs and to force some customers to leave a state-created insurer was before the Florida House on Wednesday, […]

SAN FRANCISCO (AP) — A San Francisco police officer testified Wednesday that he witnessed a man attack the husband of U.S. House Speaker Nancy Pelosi with a hammer inside the couple’s home. The suspect, David DePape, allegedly broke into the Pelosis’ San Francisco home on Oct. 28, seeking to kidnap the speaker — who was out of town — and instead beat her 82-year-old husband, Paul Pelosi, with a hammer. […]

BOSTON (AP) — Massachusetts Gov. Charlie Baker has withdrawn his request seeking pardons for two individuals at the center of one the nation’s most notorious sexual abuse trials of the 1980s. Lt. Gov. Karyn Polito said Wednesday that there didn’t appear to be enough support on the eight member Governor’s Council to approve the pardons following a public hearing Tuesday. Gerald “Tooky” Amirault, his sister Cheryl Amirault LeFave and their […]

Former Arizona basketball coach Sean Miller escaped sanctions on Wednesday when a report from the Independent Accountability Resolution Process largely accepted the program’s self-imposed penalties stemming from a NCAA rules violations case that dates back to 2017. Arizona’s athletics program was put on three years of probation through 2025. The school announced a one-year postseason ban in December 2020, which took effect for the 2020-21 season. The IARP report released […]