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At the FBI, a history of hiring prostitutes or stealing from employer may no longer be a barrier to being hired

The FBI previously refused to hire job applicants if they admitted to hiring sex workers or stealing from an employer — or engaging in acts of bestiality. Today, those acts, which are mostly illegal across the country, are no longer automatic deal breakers for applicants to the nation’s top law enforcement agency. In June, the…

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Billionaire David Booth helped pioneer index investing. Here’s his advice for investors.

Index investing pioneer David Booth has a simple message for people navigating volatile financial markets: Stay calm and keep investing. Booth, a billionaire several times over whose Dimensional Fund Advisors manages $1 trillion, expands on that advice in a new book, “Stay Calm: Learn to Embrace Uncertainty in Investing and Life,” scheduled for publication on Sept….

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Fed will have “work to do” if inflation doesn’t fade, Warsh says in Jackson Hole speech

Federal Reserve Chairman Kevin Warsh reaffirmed the central bank’s commitment to lowering consumer prices, acknowledging that inflation remains too high in a highly anticipated speech in Jackson Hole, Wyoming. During remarks at the Fed’s annual conference, Warsh said that recent government data shows inflation has cooled, but “they do not tell me that underlying trends…

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Iran war hits 6-month mark with no end in sight

The head of the U.S. military’s Central Command, Adm. Brad Cooper, has echoed President Trump’s insistence that the Strait of Hormuz shipping lanes are clear of sea mines, saying they are “open, and momentum is building.”  He acknowledged, however, that vessels still seek direct U.S. military protection to use the vital waterway, which Iran has…

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U.S. military uses laser to shoot down 3 cartel drones at southern border, Pentagon says

The U.S. military this week used a laser to shoot down three drones along the U.S.-Mexico border that were allegedly operated by drug cartels, the Pentagon said Thursday. The three unmanned aircraft systems were shot down late Tuesday night and early Wednesday morning using an “Army Multipurpose High Energy Laser system,” according to U.S. Northern…

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Marine One’s warning calls before mishap went unheard by Reagan air traffic controllers, NTSB says

Air traffic controllers in Washington and the pilots of President Trump’s helicopter met to discuss communication issues one week before a jet was allowed to take off just as Marine One left the White House, federal investigators said Thursday. Controllers reported not receiving the standard three-minute warning call ahead of Marine One flights and both…

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