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The Latest Breaking News from Federal

5 Cathie Wood Stocks That Remain Overvalued Despite the Market Correction

Cathie Wood stocks have been foundering for the past few months owing to volatile market conditions caused in-part by aggressive Federal Reserve interest rate hikes. So, given their companies’ bleak financials and relative overvaluation, we think it could be wise to avoid popular Cathie Wood stocks Roku (ROKU), Teladoc (TDOC),…

StockNews.com

Texas’ White Guy History Project

The 1836 Project will indoctrinate new Texans with fables about our history.

Texas Observer

Samuel Alito Thinks It's Obviously Absurd To Suggest That Drug Prohibition Violates the Constitution

The justice overlooks the long American tradition of pharmacological freedom and the dubious constitutional basis for federal bans.

Reason

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How prisons are using COVID-19 containment measures as a guise for torture

Newly reported data shows that torture continues in federal prison segregation units. It’s an ongoing feature of Ontario provincial jails too.

The Conversation

'Selfless' volunteers awarded for their service to Newcastle community

Hosted by Federal Member Sharon Claydon, Friday's ceremony acknowledged the contribution of "more than 50 selfless Novocastrians".

Newcastle Herald

Bipartisan Group Of Lawmakers File Bill To Prepare America For End Of Cannabis Prohibition

On Thursday, congressman Dave Joyce (R-OH) introduced the PREPARE Act (Preparing Regulators Effectively for a Post-Prohibition Adult Use Regulated Environment), with congressman Hakeem Jeffries (D-NY) and Brian Mast (R-FL) “to better prepare the federal government for the inevitable end to cannabis prohibition

Benzinga

From the vines to the mines, these are the issues that will decide the 2022 federal election in the Hunter

After the 2019 Federal poll, the electorate of Hunter, once considered a safe Labor seat, tumbled towards marginal territory, largely because of a word that still rules in the region and at the local ballot box - coal.

Newcastle Herald

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Liberal MP Michael Sukkar accused of plagiarising SA Premier Peter Malinauskas's campaign ad

A senior federal government MP is accused of ripping off an advertisement used by new South Australian Premier Peter Malinauskas during his successful election campaign.

ABC News

Few restrictions, no spending limit, and almost no oversight: welcome to political advertising in Australia

So the federal election is on. Billboards are suddenly plastered with party slogans, campaign ads are all around us, and our social media feeds are flaring up with political spin.

The Conversation

Federal election: Scott Morrison pressed on bushfire response as Anthony Albanese fumbles economic figures

Prime Minister Scott Morrison and Opposition Leader Anthony Albanese have been out and about on the first full day of a nearly six-week election campaign.

ABC News

The Australian Federal Election Is Coming In Hot So Here’s Everything You Need To Know

Everything you need to know about the Australian federal election, all in one place for your convenience.

Pedestrian.tv

Microsoft Ex-Employee Raises Corruption Charges In Middle East, Africa

Microsoft Corp (NASDAQ:MSFT) fired some employees and terminated partnerships concerning bribery allegations in its sales efforts in the Middle East, the Wall Street Journal reports. A former Microsoft manager Yasser Elabd, who worked throughout the Middle East and Africa from 1998 to 2018, made the allegations public after being fired. Elabd alleged that Microsoft…

Benzinga

When They Attack 'Dark Money,' They're Really Attacking Free Speech

Republicans take a page from the Democrats’ book by crying “dark money” during Ketanji Brown Jackson’s confirmation hearing.

Reason

"Cancel Culture … Is Inconsistent with the Philosophy of Open, Political Debate"

“[I]t undermines and stifles First Amendment privileges,” says a federal court, defining “cancel culture” as “the phenomenon of aggressively targeting individuals or groups, whose views aggressors deem unacceptable, in an effort to destroy them personally and/or professionally.”

Reason

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Tribune News Service

Dennis Anderson: At 100, Federal looks ahead while churning out ammunition

Federal ammunition of Anoka is 100 years old this year, a hallmark achievement.

The Conversation

Today's disappointing federal court decision undoes 20 years of climate litigation progress in Australia

The federal court today unanimously decided Federal Environment Minister Sussan Ley does not have a duty of care to protect young people from the harms of climate change.

Pedestrian.tv

The Federal Court Doesn’t Give A Shit About Young Aussies In The Climate Apocalypse After All

It overturned a world-first duty of care won by a group of Aussie teens last year.

ABC News

Children's climate change case overturned on appeal as Federal Court dismisses government's 'duty of care'

Federal Environment Minister Sussan Ley successfully argues she does not have a duty of care to protect young people from climate change when assessing fossil fuel projects.

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AAP

Victoria agitates for 'fair share' of GST

Victorian Treasurer Tim Pallas is pleading with the federal government to reconsider how GST is carved up in COVID-19 times and beyond.

Reason

The New Violence Against Women Act Aims To Protect Women From State Violence

The bill addresses treatment of women in federal prisons and sexual assault of people in police custody.

ABC News

NSW Liberals set to take federal minister to court in battle over who chooses election candidates

After months of frustration, an internal stoush as broken out into the open, with the Liberal Party of NSW taking a senior federal minister to court over what it says is an attempt to intervene in grassroots pre-selection processes.

Chicago Tribune

Ald. Patrick Daley Thompson convicted in tax fraud trial, will be forced to resign

CHICAGO — Chicago Ald. Patrick Daley Thompson was convicted by a federal jury Monday of filing false tax returns and lying to federal regulators about a line of credit he had with a failed Bridgeport bank.

Reuters

U.S. presses Canada on border blockage, braces for potential Super Bowl disruptions

The Biden administration on Thursday urged Canada to use federal powers to ease the disruption at the U.S.-Canada border caused by a protest against anti-coronavirus mandates that has blocked a vital U.S.-Canada trade route, a White House official said.

ABC News

Ransomware attack cost Tasmania's pokies giant Federal Group millions of dollars

Cyber hackers targeted Federal Group last year but the Tasmanian pokies and casino giant refused to pay. The company says it still cost them millions of dollars to fix the problem.

Benzinga

Financial Regulator Calls Lack Of Banking Access In Cannabis A Serious Market Failure

During an interview with PBC Conference that was released on Wednesday, Federal financial regulator Rodney Hood, a board member of the federal National Credit Union Administration (NCUA) said marijuana legalization is not a question of “if” but “when,”

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