Black detectives in the New York City Police Department's Intelligence Division filed a federal complaint with the U.S. Equal Employment Opportunity Commission alleging racial discrimination in NYPD hiring and promotion practices.
Ernesto Zedillo said in a court filing Friday that his status as Mexico's former president gives him immunity from being prosecuted for a massacre in 1997 that left 45 people dead in a Chiapas village.
The driver of a U-Haul truck that struck and killed a woman and injured two others outside Yale University's football stadium Saturday passed a field sobriety test issued after the accident, New Haven, Connecticut, police said Sunday.
A close friend of a woman who was killed -- along with her two daughters -- during a 2007 home invasion said she hopes that an upcoming trial gives a feeling of peace and justice for residents of the quiet Connecticut town where the incident occurred.
The president of Yale University announced new steps Friday in the wake of a federal sexual harassment probe at the school, including creating an external committee of former graduates and facilitating informal chats between administrators and students.
Yale University will launch a new committee on sexual misconduct following the initiation of a federal investigation prompted by a complaint over a series of sexually based allegations on the prestigious New Haven, Connecticut, campus.
The man accused of being the East Coast Rapist tried to hang himself in his jail cell Saturday, police said, one day after he was arrested thanks to DNA from a tossed cigarette butt and an anonymous tip.
Days after launching a manhunt along highways and online for the so-called East Coast Rapist, Connecticut police on Friday took into custody a man they claim is behind sexual assaults on at least 17 women in four states.
A Connecticut man will go on trial for murder not far from where a mother and two daughters were killed in a 2007 home invasion, after a judge on Monday denied the defendant's bid to move the proceedings.
State and local governments are facing a vicious cycle thanks to our financial crisis. Since home prices haven't really recovered, tax revenues are down. Since tax revenues are down, governments are cutting jobs, which means cutting services to homeowners. That means governments are spending less money in their communities, and employing less people, perpetuating the decline in property values that caused tax revenues to decrease in the first place.
From its peak in late April to the close last Friday, the S&P 500 has declined just over 12%. That is a correction of real historical magnitude. Stock markets around the globe have mirrored this move, if not exceeded it. Pundits have justified the correction primarily on the sovereign debt issues in Europe. But the question for stock market operators is, as always, what's next?
With Rand Paul's victory last week in the Republican primary in Kentucky, the Tea Party has instantly earned, if not mainstream status, at least a seat at the table of national discussion. Paul galvanized that in his victory speech when he said, "I have a message, a message from the Tea Party, a message that is loud and clear and does not mince words: We have come to take our government back."
One of the most popular debates in global macro circles currently relates to China and whether its economy is in a bubble. On the side of the bubble callers is one of the more successful short sellers of our generation, James Chanos. Admittedly, Chanos is usually on the right side of these big calls and, for the time being, I'm not going to debate him. Great Chinese bubble debate aside for now, how does Chanos's theory hold up in light of the data we've been reviewing?
Whether the American economy is in an inflationary or deflationary environment sounds like it should be a fundamental and settled question. But due to the unprecedented financial crisis, the answer is actually subject to intense debate among economists.